Key IP Developments Reviewed for July 6-12
The SpicyIP Weekly Review highlights crucial IP developments including reflections on the 2026 Summer School and a significant Bombay High Court ruling. Key updates worth noting for practitioners.
AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
The SpicyIP Weekly Review highlights crucial IP developments including reflections on the 2026 Summer School and a significant Bombay High Court ruling. Key updates worth noting for practitioners.
ITAT Pune has reduced the gross profit addition to 2% by applying comparative analysis of past scrutiny records and similar businesses. This ruling may influence future assessments.

The Allahabad High Court has preserved the status quo on land previously owned by the Methodist Church threatened with state takeover. This decision affects longstanding educational institutions.
The Reserve Bank of India's weekly statistical supplement details significant changes in liabilities and assets as of July 3, 2026, with crucial figures relevant for financial institutions and analysts.
The Reserve Bank of India provides insights into recent money market operations as of July 10, 2026, outlining key figures and changes in market liquidity. This includes an overview of funds and interest rates applicable to transactions.
The exploration of the legal deposit policy sheds light on copyright law's intricacies, especially regarding access to educational resources.
The latest edition of SpicyIP Bells & Whistles curates important IP events and developments within the community, featuring key opportunities for practitioners.
The 2nd SpicyIP Summer School concluded successfully, bringing together legal scholars and enthusiasts in impactful discussions on intellectual property.
A proposed GST measure may offer enhanced ITC protection to genuine buyers providing GSTR-2B and payment proof. However, it hasn't yet been enacted into law.
The RBI has outlined key information regarding the Annual Return on Foreign Liabilities and Assets (FLA) reporting, including the July 15 deadline and filing requirements under FEMA.

The GSTAT will now generate tokens for appeal filing, but incomplete requests may lead to void statuses.

This week's ITAT roundup covers significant decisions reported between July 5 and July 11, 2026.
SEBI has published a comprehensive compliance calendar for merchant bankers detailing key filing deadlines and regulatory requirements.