Last reviewed: 17 October 2026. General information only; verify each item against the primary source.
Development authorities: NOIDA, GNIDA and YEIDA
- 8 Sep 2026 · Supreme Court: In NOIDA v. Sunshine Trade Tower Pvt. Ltd. (2026 INSC 975), the Court held that NOIDA’s Zero Period Policy must be read for its purpose, not like a statute. A developer whose Sector 94 project stalled because the promised access road was encroached could not be penalised for NOIDA’s own failure.
- Sep 2026 · Supreme Court: In Granite Gate Properties (Authorised Representative) v. NOIDA (2026 INSC 952), NOIDA’s time-extension charges were not treated as insolvency resolution costs. The Court stressed that NOIDA must serve its welfare purpose and should not load a developer’s past defaults onto homebuyers.
- 29 Sep 2026 · Allahabad High Court: In M/s Nalini Khandelwal v. State of U.P., the Lucknow Bench held that NOIDA could not reject a 2006-scheme applicant for a document the brochure never required. Reconsideration was ordered, with allotment at the 2006 premium.
- Apr 2026 · Supreme Court: In Piaggio Vehicles Pvt. Ltd. v. State of U.P. (2026 INSC 321), cancellation of a 33-acre Surajpur industrial plot was upheld because production never started within the lease period.
- 24 Sep 2026 · National Green Tribunal: GNIDA was given 10 more days to report on unauthorised private and commercial constructions. Next hearing: 10 December 2026.
- Background · Noida Authority: Under the UP stalled-projects package based on the Amitabh Kant committee, builders who fail to pay 25% of recalculated dues face sealing and auction of unsold flats and land.
- Sep 2026 · YEIDA: Lease plans are being prepared, in two phases, for about 5,850 plots from the 2009 residential scheme in Sectors 16, 17, 18, 20 and 22D.
Sunshine Trade Tower | Granite Gate | Nalini Khandelwal | Piaggio | NGT and GNIDA | Builder dues | YEIDA plots
Income tax
- 1 Apr 2026: The Income-tax Act, 2025 came into force with a single “tax year” and a shorter structure, without changing tax rates. The Income-tax Rules, 2026 introduced a common application for trust registration and donation approvals.
- Sep 2026 · Supreme Court: In Union of India v. Bharat Industrial Enterprises, the Court stayed a Punjab & Haryana High Court ruling striking down Section 147A (faceless reassessment), on condition that reassessments do not advance. Final hearing: 3 December 2026.
- Sep 2026 · Supreme Court: In Omaxe Ltd., an Assessing Officer cannot use a Section 148 reassessment to reopen a case finally settled by the Settlement Commission.
- Jul 2026 · Allahabad High Court: In Smt Asha Dubey v. Union of India, reassessment begun more than a year after the assessee’s death was quashed.
- Sep 2026 · Allahabad High Court: In Vyome Mehta v. ITO, as reported, reassessment was allowed to proceed despite an identity-theft defence, but the department must establish the disputed PAN-linked transactions through primary evidence.
Income-tax Act, 2025 | Rules, 2026 | September digest | Asha Dubey | Vyome Mehta
Due diligence and transactions
- 21 Apr 2026 · Supreme Court: In S. Anand v. State of Tamil Nadu (2026 SCC OnLine SC 702), a purchaser for value was not criminally liable for a forged Will in the title chain without proof of knowledge, though a forged root document would still impair the buyer’s title.
- Merger control: Acquisitions above ₹2,000 crore where the target has substantial business operations in India need CCI approval under the deal-value threshold. The small-target exemption currently runs to 28 March 2027.
- Noida-region property: With registry linked to builder payments, time-extension charges contested up to the Supreme Court and NGT scrutiny in Greater Noida, buyers and lenders should confirm authority dues, lease conditions and environmental consents.
Related practice pages: Noida Authority · GNIDA · YEIDA · ED and PMLA · Income tax · Due diligence
Disclaimer: As per Bar Council of India rules, advocates may not solicit work or advertise. This post is general information, not legal advice or solicitation.
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