Treaties should be driven by national interest, not pressure from foreign govts or corporations: Supreme Court

India's Supreme Court has ruled that tax treaties must prioritize national interest over foreign pressure, emphasizing the need to protect tax sovereignty and prevent abuse. Justice Pardiwala's opinion highlighted that international tax pacts require transparency, periodic reviews, and strong exit clauses. The court upheld the taxation of capital gains from Tiger Global's Flipkart exit, reinforcing these principles for future agreements.