HC: Reads down Sec. 9 retrospective amendment as prospective; Clarificatory amendment cannot create fresh tax liability retrospectively

• In Favour of Assessee
• Citation Number : TS-1208-HC-2026(KAR)

DGFT expands 'Source from India' platform to eligible DPIIT-recognised startups; Introduces dedicated Startup Badge

HC: Allows GST-registration restoration over inadvertent address mismatch, subject to late fees, penalty

• In Favour of Petitioner
• Citation Number : TS-570-HC(BOM)-2026-GST

ITAT: Restricts disallowance of salary, staff-welfare expenses to 10% sans non-genuine evidence

• In Favour of Assessee
• Citation Number : TS-1207-ITAT-2026(Mum)

NCLT: Clears scheme to amalgamate 10 wholly-owned subsidiaries with parent Adani Power

ITAT: Rejects depreciation on non-compete fees generated out of slump sale, allowable as revenue expenditure u/s 37(1)

• In Favour of Assessee
• Citation Number : TS-1206-ITAT-2026(Mum)

DRI seizes 15 kg methamphetamine, 21 MT smuggled goods in North-East; Three arrested

HC: Restrains Abaad Masala’s modified spice marks, holds cosmetic changes cannot circumvent interim TM injunction

BRICS Industry Ministers adopt Joint Declaration; India proposes Startup Innovation Fund, Incubator Network

States opposed bringing ATF under GST in 55th Council, Govt Informs

SC: Sec. 498A IPC applies to marital-like live-in relationships where intention to marry is established

SC: Mandates 4-layer motor insurance structure; Issues directions to curb uninsured vehicles

SC: Order XVIII Rule 17 CPC cannot be invoked to permit cross-examination of recalled witnesses

HC: Co-operative banks exempt from TDS u/s 194A(3) for interest payments to non-member co-operative societies

• In Favour of Assessee
• Citation Number : TS-1205-HC-2026(BOM)

MoS Commerce & Industry : Gross FDI hit record USD 94.84 Bn. in FY26

MoS Commerce & Industry : 500 mn. orders transacted on ONDC network, as of July 2026

SC: Mandates 4-layer motor insurance structure; Issues directions to curb uninsured vehicles

MoS Law and Justice : Legislative, policy reforms in arbitration, a "continuous process" driven by changing stakeholder requirements

SC: Once cheque signature is proved, accused is presumed aware of its contents unless proved contrary

Minister of Finance & Corporate Affairs : Tables development sector-wise CSR spend; Expenditure rose to Rs. 40,794 Cr. in FY 2024-25