Interest on Govt. Grant Funds Must Remain Part of Project Corpus, Not Taxable Income: ITAT

The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) has held that interest accrued on surplus funds received for implementation of the BharatNet...

DIGIT Data Entry Guidelines | CBIC Mandates Timely Reporting of Customs Offence Cases

The Central Board of Indirect Taxes and Customs (CBIC) has issued instructions laying down comprehensive revised guidelines for the recording and management of customs offence cases in the DIGIT (Directorate General of Revenue Intelligence Information Technology) platform. The new instructions supersede all earlier directions on...

Supreme Court Declares Right to Walk and Access Footpaths a Fundamental Right; Enhances Compensation in Child Road Accident Case

The Supreme Court has declared that the right to walk is a fundamental right...

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...

Interest on Govt. Grant Funds Must Remain Part of Project Corpus, Not Taxable Income: ITAT

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

Addition Based on Unverified Third-Party Digital Records Can’t Survive Scrutiny: ITAT

The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) has deleted an addition...

Allahabad High Court Stays GST Detention Order; Directs Release of Vehicle and Goods on Deposit of Rs. 1.44 Lakh

The Allahabad High Court has granted interim relief to a taxpayer by staying the...

Bombay High Court Issues Notice on Challenge to Customs Advance Ruling Alleged to be Non-Speaking Order

The Bombay High Court has issued notice to the Customs Authority for Advance Rulings...

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...

Jio IPO: 10 Unique Features Every Investor Must Know Before Investing

The proposed IPO of Jio Platforms is shaping up to be one of the...

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

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

Retrospective Application of BNS Unconstitutional: Allahabad High Court Quashes FIR Against Panchayat Secretary For Non-Deposit Of TDS/GST

The Allahabad High Court has quashed a criminal case registered against a Gram Panchayat...

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)...

Retrospective Application of BNS Unconstitutional: Allahabad High Court Quashes FIR Against Panchayat Secretary For Non-Deposit Of TDS/GST

The Allahabad High Court has quashed a criminal case registered against a Gram Panchayat...

Allahabad High Court Stays GST Detention Order; Directs Release of Vehicle and Goods on Deposit of Rs. 1.44 Lakh

The Allahabad High Court has granted interim relief to a taxpayer by staying the...

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

Bombay High Court Issues Notice on Challenge to Customs Advance Ruling Alleged to be Non-Speaking Order

The Bombay High Court has issued notice to the Customs Authority for Advance Rulings challenging an advance ruling order on the ground that it is a non-speaking and arbitrary order. A Division Bench comprising Justice Suman Shyam and Justice Advait M. Sethna heard the matter...

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

Interest on Govt. Grant Funds Must Remain Part of Project Corpus, Not Taxable Income: ITAT

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

Addition Based on Unverified Third-Party Digital Records Can’t Survive Scrutiny: ITAT

The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) has deleted an addition...

Retrospective Application of BNS Unconstitutional: Allahabad High Court Quashes FIR Against Panchayat Secretary For Non-Deposit Of TDS/GST

The Allahabad High Court has quashed a criminal case registered against a Gram Panchayat...

Cash Deposits Can’t Be Taxed as Unexplained Money When Supported by Earlier Bank Withdrawals: ITAT

The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) has deleted an addition...

Allahabad High Court Stays GST Detention Order; Directs Release of Vehicle and Goods on Deposit of Rs. 1.44 Lakh

The Allahabad High Court has granted interim relief to a taxpayer by staying the...

Bombay High Court Issues Notice on Challenge to Customs Advance Ruling Alleged to be Non-Speaking Order

The Bombay High Court has issued notice to the Customs Authority for Advance Rulings...

JNCH Withdraws Consultative Letters Against 132 Importers, Accepts ‘Desi Chana’ Classification Under Tariff Item 0713 20 20

The Office of the Commissioner of Customs (Audit), Jawaharlal Nehru Custom House (JNCH), Nhava...

Secondment Reimbursements, Professional Service Receipts of EY US Taxable as FTS Under India–US DTAA: Delhi High Court 

The Delhi High Court has delivered a significant judgment in favour of Ernst &...

Gross Receipts Can’t Be Taxed When Expenditure Is Incurred for Achieving Society’s Objects: ITAT

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

JURISHOUR | TAX LAW DAILY BULLETIN : 20 June, 2026

Here’s the Tax Law Daily Bulletin for June 20, 2026.GSTTAXPAYER’S RIGHT TO CORRECT GSTR-1...

Service Tax Refund Can’t Be Denied Due to Wrong Registration Code: CESTAT

The Ahmedabad Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has...

Purchase of Residential Property from Spouse Doesn’t Bar S. 54 Relief: ITAT

The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has held that an...