Direct Tax
LTCG Addition Unsustainable in Absence of Direct Evidence Linking Assessee to Penny Stock Manipulation: ITAT
The Income Tax Appellate Tribunal (ITAT), Delhi Bench, has delivered a significant ruling in favour of the assessee in a case concerning alleged bogus...
Notification
42 Assistant Commissioners Transferred in Chennai GST Zone; New Postings Effective Immediately
The Office of the Principal Chief Commissioner of GST & Central Excise, Chennai Zone, has ordered the transfer and posting of 42 Deputy/Assistant Commissioners of Indirect Taxes and Customs with immediate effect.Complete List of Transfers and PostingsS.NoEmp CodeName of OfficerDesignationPosted To113179Sajith Kumar C RACChennai...
Other Laws
Executing Courts Can’t Alter Terms of Decree While Enforcing It: Supreme Court
The Supreme Court has held that an executing court cannot modify or alter the...
Other Laws
Transfers During Litigation Non Est in Property Dispute: Supreme Court Upholds Specific Performance
The Supreme Court has reaffirmed the enforceability of agreements to sell and clarified the...
Direct Tax
LTCG Addition Unsustainable in Absence of Direct Evidence Linking Assessee to Penny Stock Manipulation: ITAT
The Income Tax Appellate Tribunal (ITAT), Delhi Bench, has delivered a significant ruling in...
GST
GST Pre-Deposit Non-Compliance: Allahabad High Court Allows Appeal Subject to Rs. 30 Lakh Balance Deposit, Recognises Offline Filing
The Allahabad High Court has allowed a taxpayer to pursue its statutory appeal under...
Direct Tax
No Incriminating Material Seized During Search Invalidates S. 153C Assessment: ITAT
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has set aside an...
Direct Tax
ITAT Upholds Deletion of Addition on Agricultural Income Citing Lack of Contrary Evidence
The Income Tax Appellate Tribunal (ITAT), Delhi Bench, has dismissed the appeal filed by...
Live Updates
JurisHour Exclusive Live Coverage Of Budget for FY 2026–27
Finance Minister Nirmala Sitharaman arrived at Kartavya Bhawan at the Finance Ministry on Saturday, marking a significant moment ahead of the presentation of the...
Money Hacks
10 Best Cryptocurrency Apps in India with Low Fees (2026 Edition)
With cryptocurrency adoption steadily rising in India, choosing the right trading app has become...
Money Hacks
How You Can Save Up To 13% GST On Wedding Venues?
Planning a big Indian wedding often begins with locking in the venue and caterer....
GST
Retrospective GST Cancellation Can’t Invalidate Genuine Transactions: Jaipur Commissioner (Appeals) Quashes Rs. 95,670 ITC Demand
The Commissioner (Appeals), CGST Jaipur, has set aside a demand of ₹95,670 towards alleged...
CCI | GST | Direct Tax
CCI
CCI Approves Acquisition Of Jaiprakash Associates By Vedanta
The Proposed Combination envisages acquisition of Jaiprakash Associates Limited (JAL) by Vedanta Limited (Acquirer)...
CCI
CCI Dismisses Complaint Against Microsoft for Bundling Antivirus Software Microsoft Defender with Windows
The Competition Commission of India (CCI) has dismissed the complaint Against Microsoft for Bundling...
CCI
Mandatory Condition Of Prima Facie Anti-Competitive Agreements, Abuse Of Dominant Position Absent, CCI Can’t Direct Investigation: Gauhati High Court
The Gauhati High Court has held that the decision of the Competition Commission of...
CCI
Every IP Dispute Can’t Be Converted Into Competition Dispute: Delhi High Court
The Delhi High Court stated that every IP dispute can't be converted into a...
CCI
Whether Swiggy Can Share Confidential Data With Restaurant Association? Karnataka High Court Directs CCI To Decide Afresh
The Karnataka High Court directed Competition Commission of India to decide afresh whether swiggy...
GST
GST Pre-Deposit Non-Compliance: Allahabad High Court Allows Appeal Subject to Rs. 30 Lakh Balance Deposit, Recognises Offline Filing
The Allahabad High Court has allowed a taxpayer to pursue its statutory appeal under...
GST
Retrospective GST Cancellation Can’t Invalidate Genuine Transactions: Jaipur Commissioner (Appeals) Quashes Rs. 95,670 ITC Demand
The Commissioner (Appeals), CGST Jaipur, has set aside a demand of ₹95,670 towards alleged...
GST
Interest U/s 50 Not Payable on ITC Merely Availed but Not Utilised: Orissa High Court
The Orissa High Court has held that interest under Section 50 of the CGST...
Direct Tax
Whether ‘Royalty’ Is A ‘Tax’; Supreme Court Directs The Matter To Be Before Appropriate Bench
The Supreme Court has presided over the controversy of whether ‘Royalty’ Is A ‘Tax’...
Direct Tax
Bandwidth Services Provided Outside India Not Taxable As ‘Royalty’: Delhi High Court
The Delhi High Court ruled that the bandwidth services provided outside India are not...
Direct Tax
No Income Tax Payable On Tamil Nadu Advocates welfare Fund: ITAT
The Income Tax Appellate Tribunal Chennai, ruled that no income tax payable on Tamil...
Direct Tax
Imparting Education Through Virtual Mode Or By Adoption Of New Technologies Qualifies Income Tax Exemption: Delhi High Court
The Delhi High Court ruled that imparting education through virtual mode or by adoption...
Direct Tax
Relief To Axis Bank: Discount On ESOPs Is Allowable As Deduction: ITAT
In a major relief to Axis Bank, the Income Tax Appellate Tribunal (ITAT) Ahmedabad...
Direct Tax
ALP On Account Of Corporate Guarantee At 0.50% On Guaranteed Amount Is Proper Commission: ITAT
The Income Tax Appellate Tribunal (ITAT), Hyderabad Bench direct the Assessing Officer/learned TPO to...
News Updates
Indirect Taxes
Calcutta High Court Quashes CESTAT Order for Lack of Reasoning in Gold Smuggling Case
The Calcutta High Court has set aside an order of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Kolkata, on the ground that it was a “non-speaking order” lacking independent reasoning. The Court directed the Tribunal to reconsider the matter afresh and pass...
International Taxation
U.S. Court Clarifies “Processing Operation”: Marketability Transformation Test Shows MOOWR ‘Other Operations’ Not Limited to Manufacturers
The Arizona Supreme Court has held that machinery used in an industrial healthcare textile...
International Taxation
Yacht Not Liable to Duty on Return After Foreign Cruising: U.S. Customs Authority
The U.S. Customs and Border Protection (CBP) clarified that a duty-paid yacht taken abroad...
Live Updates
JurisHour Exclusive Live Coverage Of Budget for FY 2026–27
Finance Minister Nirmala Sitharaman arrived at Kartavya Bhawan at the Finance Ministry on Saturday,...
Live Updates
LIVE | Gyanotsav 2026 Day 2: A Power-Packed Knowledge Marathon After a Blockbuster Opening Day
After a high-octane first day marked by back-to-back banger sessions, thought-provoking discussions and an...
Latest Articles
Direct Tax
LTCG Addition Unsustainable in Absence of Direct Evidence Linking Assessee to Penny Stock Manipulation: ITAT
The Income Tax Appellate Tribunal (ITAT), Delhi Bench, has delivered a significant ruling in...
GST
GST Pre-Deposit Non-Compliance: Allahabad High Court Allows Appeal Subject to Rs. 30 Lakh Balance Deposit, Recognises Offline Filing
The Allahabad High Court has allowed a taxpayer to pursue its statutory appeal under...
GST
Retrospective GST Cancellation Can’t Invalidate Genuine Transactions: Jaipur Commissioner (Appeals) Quashes Rs. 95,670 ITC Demand
The Commissioner (Appeals), CGST Jaipur, has set aside a demand of ₹95,670 towards alleged...
Direct Tax
HCL Infosystems Wins: ITAT Quashes Assessment on Non-Existent Entity
In a major relief to HCL Infosystems, the Income Tax Appellate Tribunal (ITAT), Delhi...
Direct Tax
No Incriminating Material Seized During Search Invalidates S. 153C Assessment: ITAT
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has set aside an...
Direct Tax
ITAT Upholds Deletion of Addition on Agricultural Income Citing Lack of Contrary Evidence
The Income Tax Appellate Tribunal (ITAT), Delhi Bench, has dismissed the appeal filed by...
Indirect Taxes
Calcutta High Court Quashes CESTAT Order for Lack of Reasoning in Gold Smuggling Case
The Calcutta High Court has set aside an order of the Customs, Excise and...
Other Laws
Non-Supply of Forensic Audit Addendum Not Fatal if Not Relied Upon: Calcutta High Court Upholds Fraud Classification by Bank
The Calcutta High Court has dismissed a writ petition challenging the declaration of a...
GST
Interest U/s 50 Not Payable on ITC Merely Availed but Not Utilised: Orissa High Court
The Orissa High Court has held that interest under Section 50 of the CGST...
Indirect Taxes
Amounts Appropriated During Pendency Of Appeal—Despite Existence Of Stay Order—Must Be Treated As Payments Made ‘Under Protest’, Refund Not Subjected To Limitation: Madras HC
The Madras High Court has held that amounts appropriated by the department during the...
GST
Scrap Generated During Manufacturing Qualifies for GST Budgetary Support: J&K HC
The Jammu & Kashmir and Ladakh High Court has held that scrap generated during...
Indirect Taxes
Gold Smuggling Racket Busted at Mumbai Airport; DRI Seizes Gold Worth Rs. 37.74 Crore
The Directorate of Revenue Intelligence (DRI) has seized 29.37 kilograms of gold worth approximately...