RBI: Cancels licence of Paytm Payments Bank Ltd.

SC: Distinction between ‘winning’ and ‘losing’ party can’t govern access to Sec. 9 remedy

Government revises AIR of duty drawback for Gold and silver jewellery/articles

ITAT: No legal provision precludes granting registration u/s 12AB after a prior denial; Remands matter for verification

• In Favour of Both, Partially
• Citation Number : TS-593-ITAT-2026(Bang)

ITAT: CIT(A) erred in upholding POEM addition merely due to Collegium order; Deletes addition of global income

• In Favour of Assessee
• Citation Number : TS-592-ITAT-2026(Ahd)

HC: Absent same period assessment/similar issue, embargo for parallel-proceedings inapplicable

• In Favour of Respondent
• Citation Number : TS-286-HC(DEL)-2026-GST

HC: Only CJI can appoint arbitrator in international commercial arbitration, not High Court

India’s Trade Moment has Arrived – Is India Inc. Ready?

SC: Lack of notice doesn’t extend limitation for contiguous raiyat pre-emption under WB Land Reforms Act

SC: Government Grants Act overrides tenancy laws; Delhi Rent-Control Act inapplicable to sovereign grants

SC: Prior alienee acquiring interest before probate proceedings, ‘interested party’ entitled to seek revocation

SC: No bhumidhari rights on public utility land; Administrative diversion through re-categorisation impermissible

SC: Publicly alleging judicial bias in pending matters improper for Advocates; Upholds contempt proceedings

SC: Mere entry in Municipal Corporation property register cannot constitute valid proof of title over land

SC: Bail denial on heinous nature impermissible; No adult trial without Sec. 15 JJ Act assessment

SC: Courts must determine ‘points for determination’ even in ex parte confirming with CPC provisions

SC: Order II Rule 2 cannot justify plaint rejection; Evidence must precede any such bar

ITAT: Sec. 56(2)(x)(c) inapplicable to fresh share allotment or leasehold rights; Deletes addition based on dump documents

• In Favour of Assessee
• Citation Number : TS-591-ITAT-2026(CHANDI)

ITAT: Rejects Revenue’s segregation approach, accepts TNMM at entity level; Follows earlier order

• In Favour of Assessee
• Citation Number : TS-324-ITAT-2026(DEL)-TP

ITAT: Holds Mitsubishi Corporation’s Branch Office established in continuation of Liaison Office as PE; Remits matter

• In Favour of Both, Partially
• Citation Number : TS-326-ITAT-2026(DEL)-TP