MAB Is Not ‘Consideration’ for Banking Services: Karnataka HC Quashes Service Tax Demands on Banks for Minimum Average Balance Accounts

The Karnataka High Court has ruled in favour of the banking sector by quashing service tax show cause notices issued to several banks over...

ICAI Refutes Social Media Claims of Examination Data Breach, Assures Students of Complete Data Security

The Institute of Chartered Accountants of India (ICAI) has issued an important clarification dismissing social media reports alleging a security breach in an ICAI examination-related portal and unauthorized access to examination records. The Institute has categorically stated that the claims are false, misleading, and...

Supreme Court Upholds Municipal Corp. Commissioner’s Power to Dismiss Municipal Officers

The Supreme Court has held that the Commissioner of the Municipal Corporation is the...

Rejection Of Election Nomination Can’t Be Challenged Through Writ Petition During Ongoing Election Process: Supreme Court

The Supreme Court has held that the rejection of an election nomination cannot be...

MAB Is Not ‘Consideration’ for Banking Services: Karnataka HC Quashes Service Tax Demands on Banks for Minimum Average Balance Accounts

The Karnataka High Court has ruled in favour of the banking sector by quashing...

R. 86A Can’t Be Used Beyond Available Credit: Supreme Court Dismisses SLP Against Punjab & Haryana High Court Ruling

The Supreme Court has refused to interfere with the Punjab & Haryana High Court's...

GSTAT Outreach Programme Draws Strong Response in Jaipur; Tax Professionals Seek Extension of Appeal Filing Deadline

The Jaipur Tax Bar Association (JTBA), in collaboration with the Goods and Services Tax...

Jharkhand High Court Refuses to Stay PMLA Trial Pending Predicate Offence Proceedings

The Jharkhand High Court has dismissed a petition seeking to keep money laundering proceedings...

GSTAT Outreach Programme Draws Strong Response in Jaipur; Tax Professionals Seek Extension of Appeal Filing Deadline

The Jaipur Tax Bar Association (JTBA), in collaboration with the Goods and Services Tax Appellate Tribunal (GSTAT), Jaipur Bench, successfully organized a GSTAT Outreach...

Jewellery Stocks Rally as Govt. Cuts Gold, Silver Import Prices

Shares of jewellery companies witnessed a strong rally after the Centre reduced the base...

Top 10 Cashback UPI Apps in India (2026)

India’s Unified Payments Interface (UPI) has transformed the digital payment ecosystem by enabling instant...

Jaipur Tax Bar Association Urges GSTAT to Extend Appeal Filing Deadline Beyond June 30, 2026 Amid Portal Glitches and Massive Backlog

In a significant representation to the Goods and Services Tax Appellate Tribunal (GSTAT), the...

CCI | GST | Direct Tax

CCI’s Power To Examine Substance Of Amazon–Future Deal, But Quashes Directions And Penalties: Supreme Court

The Supreme Court in the long-running dispute arising out of Amazon’s investment in Future...

ICAI Removes CA from Register for 1 Year Following Delhi HC Order

The Institute of Chartered Accountants of India (ICAI) has formally removed a Chartered Accountant...

Markets Trade Flat Ahead of Union Budget 2026-27

Equity benchmark indices traded in a narrow range on Sunday morning as investors remained...

Bomb Threat In Tis Hazari and Saket Court In Delhi

Multiple district court complexes in Delhi were placed on high alert Tuesday morning following...

CCI Approves Acquisition Of Jaiprakash Associates By Vedanta 

The Proposed Combination envisages acquisition of Jaiprakash Associates Limited (JAL) by Vedanta Limited (Acquirer)...

MAB Is Not ‘Consideration’ for Banking Services: Karnataka HC Quashes Service Tax Demands on Banks for Minimum Average Balance Accounts

The Karnataka High Court has ruled in favour of the banking sector by quashing...

R. 86A Can’t Be Used Beyond Available Credit: Supreme Court Dismisses SLP Against Punjab & Haryana High Court Ruling

The Supreme Court has refused to interfere with the Punjab & Haryana High Court's...

Same Officer Can’t Act As Auditor & Adjudicator: Karnataka High Court 

The Karnataka High Court has set aside a GST adjudication order after observing that...

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’...

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...

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...

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...

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...

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

Karnataka High Court Condones 324-Day Delay, Revives Customs Appeal in Jewellery Pilferage Case

The Karnataka High Court has set aside a Customs, Excise and Service Tax Appellate Tribunal (CESTAT) order that dismissed a customs appeal solely on the ground of a 324-day delay, holding that courts must adopt a justice-oriented approach and not reject potentially meritorious matters...

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...

GSTAT Outreach Programme Draws Strong Response in Jaipur; Tax Professionals Seek Extension of Appeal Filing Deadline

The Jaipur Tax Bar Association (JTBA), in collaboration with the Goods and Services Tax...

JurisHour Exclusive Live Coverage Of Budget for FY 2026–27

Finance Minister Nirmala Sitharaman arrived at Kartavya Bhawan at the Finance Ministry on Saturday,...

Latest Articles

MAB Is Not ‘Consideration’ for Banking Services: Karnataka HC Quashes Service Tax Demands on Banks for Minimum Average Balance Accounts

The Karnataka High Court has ruled in favour of the banking sector by quashing...

R. 86A Can’t Be Used Beyond Available Credit: Supreme Court Dismisses SLP Against Punjab & Haryana High Court Ruling

The Supreme Court has refused to interfere with the Punjab & Haryana High Court's...

Jaipur Tax Bar Association Urges GSTAT to Extend Appeal Filing Deadline Beyond June 30, 2026 Amid Portal Glitches and Massive Backlog

In a significant representation to the Goods and Services Tax Appellate Tribunal (GSTAT), the...

JURISHOUR | TAX LAW DAILY BULLETIN : 19 June, 2026

Here’s the Tax Law Daily Bulletin for June 19, 2026.GSTGST REGISTRATION MUST BE RESTORED...

GSTAT Outreach Programme Draws Strong Response in Jaipur; Tax Professionals Seek Extension of Appeal Filing Deadline

The Jaipur Tax Bar Association (JTBA), in collaboration with the Goods and Services Tax...

Jharkhand High Court Refuses to Stay PMLA Trial Pending Predicate Offence Proceedings

The Jharkhand High Court has dismissed a petition seeking to keep money laundering proceedings...

Letter of Credit Liability Qualifies as ‘Debt’, Upholds DRT Jurisdiction: Karnataka HC

The Karnataka High Court has held that proceedings initiated by Canara Bank against Rajesh...

HC Can’t Force Plaintiff to Accept Compensation Instead of Encroachment Removal: Supreme Court

The Supreme Court has held that the High Court cannot force the plaintiff to...

Same Officer Can’t Act As Auditor & Adjudicator: Karnataka High Court 

The Karnataka High Court has set aside a GST adjudication order after observing that...

WhatsApp Chats Alone Can’t Justify Tax Additions: ITAT

The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) has deleted multiple additions...

Recorded Jewellery Sales Can’t Be Treated as Unexplained Cash: ITAT Deletes Demonetisation Addition

The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) has held that where...

JURISHOUR | TAX LAW DAILY BULLETIN : 18 June, 2026

Here’s the Tax Law Daily Bulletin for June 18, 2026.GSTDGGI MEERUT | ALLAHABAD HC...