Juris Hour Team
Juris Hour is an online news portal for reporting accurate and honest news, articles, judgments, Circulars, orders and notifications related to legal developments. We use the tagline ‘Proficiency At Your Doorstep’. Our mission is to simplify and communicate various legal developments in various spheres like civil, criminal, taxation, etc. and make people aware of their rights and duties in order to empower them to contribute in nation-building.
Juris Hour is a team of young professionals turned legal journalists who are guided by the values enshrined in the Preamble of the Constitution of India and want to create more legal awareness in society by acting as a tool to aid legal reforms by offering a space for constructive criticism of the judiciary.
Direct Tax
No Interest Disallowance When Sufficient Interest-Free Funds Exist Despite Partners’ Drawings: ITAT
The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) has deleted an interest disallowance of Rs. 2.88 crore made under Section 36(1)(iii) of...
Indirect Taxes
Company Not Required To Reverse 6% Cenvat Credit On Clearance Of Used Packing Materials: CESTAT
The Customs, Excise & Service Tax Appellate Tribunal (CESTAT), Ahmedabad, has ruled that the company was not required to reverse Cenvat credit at the...
Indirect Taxes
Successor Unit Not Entitled to SSI Exemption When Factory Had Crossed Turnover Limit in Prior Year: CESTAT
The Customs, Excise & Service Tax Appellate Tribunal (CESTAT), Ahmedabad Bench, has held that a new manufacturer taking over an existing factory cannot claim...
Indirect Taxes
CESTAT Remands Dispute on Proportionate Cenvat Credit on Pre-Tax Insurance Services Availed by Reliance Industries
The Customs, Excise & Service Tax Appellate Tribunal (CESTAT), Ahmedabad Bench, has remanded a service tax dispute involving Reliance Industries Ltd to the adjudicating...
Direct Tax
Delhi HC Upholds Prospective Application of Finance Act 2022 Amendment to Section 14A, Limits Disallowance to Exempt Income Earned
The Delhi High Court has held that the amendment introduced to Section 14A of the Income-tax Act, 1961 by the Finance Act, 2022 operates...
GST
DGGI Uncovers Rs. 78 Crore GST Fraud Through Fake ITC Network
The Directorate General of GST Intelligence (DGGI), Ahmedabad Zonal Unit, has unearthed a large-scale Goods and Services Tax (GST) evasion racket involving fraudulent input...
Other Laws
24 Hour Period To Produce Before Nearest Magistrate Doesn’t Start From Temporary Restraint During Search And Seizure: Orissa High Court
The Orissa High Court has held that a 24 hour period to produce before the nearest magistrate does not start from temporary restraint during...
Direct Tax
S. 153C Assessments Invalid as AO’s Satisfaction Note Fails to Show Seized Material had “bearing on determination of total income”: ITAT
The Delhi Bench ‘G’ of the Income Tax Appellate Tribunal (ITAT) has quashed assessments framed under Section 153C as invalid as AO’s satisfaction note...
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