HC: HC: Delayed Form 67 cannot defeat foreign tax credit claim; PCIT empowered to condone delay u/s 264

• In Favour of Assessee
• Citation Number : TS-214-HC-2026(DEL)

White House ends Executive Order 14257 imposing IEEPA-tariffs on India after SCOTUS setback

HC: HC: Sets-aside 15% TDS certificate as receipts not taxable in India; Directs automatic NIL certificates for subsequent years

• In Favour of Assessee
• Citation Number : TS-182-HC-2026(DEL)

HC: HC: Rules interim Court deposits are not taxable until final crystallization; Quashes assessment order

• In Favour of Assessee
• Citation Number : TS-213-HC-2026(TEL)

HC: HC: Quashes reassessment proceedings being contrary to notified mandatory procedure u/s 151A; Follows Hexaware

• In Favour of Assessee
• Citation Number : TS-212-HC-2026(BOM)

HC: HC: System glitches no excuse for inaction; Directs Revenue to grant long-pending FBT refunds

• In Favour of Assessee
• Citation Number : TS-211-HC-2026(BOM)

President Trump signs proclamation imposing 10% global tariffs

After losing SCOTUS case, President Trump announces 10% global tariffs

Key Highlights of the US Supreme Court judgment striking down Trump Tariffs

Govt. launches LIFT under EPM–NIRYAT DISHA to lower freight & logistics costs for MSMEs

Govt. launches FLOW under EPM–NIRYAT DISHA to facilitate logistics & warehousing infrastruture for MSMEs

Govt. launches INSIGHT under EPM–NIRYAT DISHA to enahnce export readiness of MSMEs

Govt. launches TRACE under EPM–NIRYAT DISHA for lowring compliane costs for MSMEs

HC: Rejects Volleyball Federation of India’s plea against Rs. 4 Cr. arbitral award; Slaps Rs. 2.5 lakh cost

U.S. unveils AI export push and financing initiatives at India AI Impact Summit 2026

US-Indonesia commit to implement Reciprocal Trade Agreement

DGFT launches Alternative Trade Instruments under Export Promotion Mission-NIRYAT PROTSAHAN

SC: Reciprocal commitment in Suicide Pact provides impetus, survivor guilty of abatement

SC: Quashes HC order reducing rape-charges, directs formation of Expert Committee for judicial sensitivity guidelines matters

SC: Compensation only restitutory in nature, cannot substitute punishment; Criticizes HC’s mechanical sentence reduction