ITAT issued significant rulings on transfer pricing, assessment validity, and appeal procedures during the week beginning 5 October 2026, reinforcing procedural safeguards and jurisdictional limits.
ITAT Weekly Roundup: 5–10 October 2026
The Income Tax Appellate Tribunal (ITAT) delivered several notable orders during the week beginning 5 October 2026, covering key areas including transfer pricing, jurisdictional authority of assessing officers, and procedural compliance in appeals. The rulings collectively reinforce adherence to CBDT guidelines, natural justice, and correct application of statutory thresholds.
Highlights include a ruling affirming that ITOs—not DCITs—must issue assessment orders for corporate returns below ₹20 lakh in mofussil areas, and another quashing a transfer pricing adjustment due to non-observance of personal hearing mandates under Rule 44C. Additionally, the tribunal upheld objections on revision applications where verification requirements under amended Form 161 were unmet.
These decisions underscore the importance of jurisdictional competence and procedural precision in tax administration. Practitioners should closely monitor evolving interpretations, particularly concerning delegated authority and compliance with updated forms and rules.
