JURISHOUR | TAX LAW DAILY BULLETIN : 12 JULY, 2026

Here’s the Tax Law Daily Bulletin for July 12, 2026.GSTWHETHER TRANSFER OF LEASEHOLD RIGHTS IS TAXABLE? DELHI HIGH COURT STAYS COERCIVE ACTION BY GST...

Rajasthan GST Dept. Introduces Risk-Based Selection and Faceless Return Scrutiny

The Rajasthan Commercial Taxes Department has issued a comprehensive circular laying down fresh guidelines for scrutiny of returns under Section 61 of the Rajasthan Goods and Services Tax (RGST) Act, 2017. The new instructions superseded the earlier circular dated January 7, 2022, and established a...

Voluminous Records Not a Ground for Delayed Filing of Evidence in Commercial Suits: Supreme Court

The Supreme Court has reaffirmed the strict procedural framework governing commercial disputes by refusing...

Persistent Loan Defaulters Can’t Challenge Recovery After Repeated Defaults: Supreme Court

The Supreme Court of India has ruled that a financial corporation cannot be prevented...

JURISHOUR | TAX LAW DAILY BULLETIN : 12 JULY, 2026

Here’s the Tax Law Daily Bulletin for July 12, 2026.GSTWHETHER TRANSFER OF LEASEHOLD RIGHTS...

No Fresh Pre-Deposit Required if Earlier Deposit Exceeds Tribunal Requirement After Appellate Relief: GSTAT 

The Goods and Services Tax Appellate Tribunal (GSTAT), Cuttack Bench, has held that an...

DGGI Can Invoke Extended Limitation Under Section 74 Where Foundational Facts Exist: Madras High Court

The Madras High Court has held that the Directorate General of GST Intelligence (DGGI)...

Token Based Mechanism Introduced to Protect Appeal Filing Deadline Till July 31 Amid E-Filing Issues: GSTAT 

The Principal Bench of the Goods and Services Tax Appellate Tribunal (GSTAT) has introduced...

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...

Rupee Likely to Stay Weak Against U.S. Dollar Despite RBI Measures Expected to Attract $50 Billion in Inflows

Despite a series of measures announced by the Reserve Bank of India (RBI) to...

Gold & Silver Prices Fluctuate; Check Latest Rates Before Buying

Individuals planning to purchase gold or silver may want to take note of the...

Allahabad HC Entertains GST Challenge Against Retrospective Penalty u/s 122(1A), Stays Coercive Recovery

The Allahabad High Court has entertained a writ petition challenging the imposition of penalty...

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)...

No Fresh Pre-Deposit Required if Earlier Deposit Exceeds Tribunal Requirement After Appellate Relief: GSTAT 

The Goods and Services Tax Appellate Tribunal (GSTAT), Cuttack Bench, has held that an...

Allahabad HC Entertains GST Challenge Against Retrospective Penalty u/s 122(1A), Stays Coercive Recovery

The Allahabad High Court has entertained a writ petition challenging the imposition of penalty...

Karnataka High Court Grants Interim Relief in GST Dispute Over Pre-GST Joint Development Agreement and ITC Denial

The Karnataka High Court has granted interim relief to real estate developer in a...

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

CESTAT Quashes Rs. 49.70 Lakh Service Tax Demand on Liquor Job Work

The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Allahabad Bench, has set aside a service tax demand of ₹49.70 lakh raised holding that activities such as repacking bottles, cleaning bottles, barcode sticking and other job work performed during the liquor manufacturing process qualify...

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

Delay by Customs Officer Can’t Defeat Genuine Export: CESTAT

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

S. 122(1A) Can’t Be Invoked Against Individual Who Couldn’t Have Retained Benefit Of Transaction: Bombay HC Stays Recovery 

The Bombay High Court has granted ad-interim relief to an independent director facing penalty...

ED Files PMLA Prosecution Complaint Against Former Madhya Pradesh Excise Officer in ₹18.20 Crore Disproportionate Assets Case

The Directorate of Enforcement (ED), Bhopal Zonal Office, has filed a Prosecution Complaint under...

Gift to Parents is Tax-Free, But Don’t Ignore These Income Tax Compliances

Many taxpayers believe that once a gift is exempt from income tax, there is...

Exotic Birds, Mammals Not Goods Under S. 123 of Customs Act, 1962: CESTAT Orders Release of Seized Exotic Birds

The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Kolkata Bench, has set aside...

CESTAT Quashes Confiscation of 2.68 Lakh Grams of Duty-Free Gold, Sets Aside Rs. 50 Lakh Redemption Fine

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

Clandestine Removal Can’t Be Proven Solely Through Pen Drives: CESTAT Quashes Rs. 1 Crore+ Excise Duty Demand

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

Prototype Vehicles Must Be Valued on Comparable Goods Basis, CESTAT Rejects 110% Cost Valuation Demand

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

Can GST Demands Orders Be Quashed If Issued by an Officer Lacking Monetary Jurisdiction?

A significant legal issue is emerging in GST litigation across India, with taxpayers increasingly...

DGGI Kolkata | Calcutta High Court Stays GST Assessment Order Over Alleged Violation of Natural Justice in DRC-01 Proceedings

The Calcutta High Court has granted interim relief to a real estate developer by...

S. 263 Can’t Be Invoked Where AO Adopted a Plausible View After Inquiry: ITAT

The Kolkata Bench of the Income Tax Appellate Tribunal (ITAT) has partly allowed an...

PCIT Can’t Invoke S. 263 Merely Due to Different View on Survey Disclosure in Limited Scrutiny Assessment: Gujarat High Court

The Gujarat High Court has held that the Principal Commissioner of Income Tax (PCIT)...