Direct Tax
S. 54 Deduction Can’t Be Restricted Merely Because New House Is Purchased Jointly With Spouse: ITAT
The Chandigarh Bench of the Income Tax Appellate Tribunal (ITAT) has held that an assessee cannot be denied the full benefit of deduction under...
Notification
Govt. Permits Groww, ICICI Securities, Upstox And 2 Other Entities To Carry Out Aadhaar Authentication Under PMLA
The Ministry of Finance has authorised five reporting entities, including Groww Mutual Fund, ICICI Securities Limited and Upstox Securities Private Limited, to perform Aadhaar authentication under the provisions of the Prevention of Money-laundering Act, 2002 (PMLA). The five reporting entities authorised under the notification are:...
Other Laws
Courts Must Not Undermine Arbitration Through Excessive Interference: Supreme Court
The Supreme Court has upheld an arbitral award in favour of a private concessionaire...
Other Laws
Employer Can’t Camouflage Misconduct Allegations as “Unsatisfactory Performance” to Terminate Probationer: Supreme Court
The Supreme Court has held that an employer (Bank) cannot use “unsatisfactory performance” as...
Direct Tax
S. 54 Deduction Can’t Be Restricted Merely Because New House Is Purchased Jointly With Spouse: ITAT
The Chandigarh Bench of the Income Tax Appellate Tribunal (ITAT) has held that an...
Direct Tax
Survey Disclosure Can’t Be Reclassified as Se. 69A Income Through Rectification U/s 154: ITAT
The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) has held that income...
Direct Tax
Recorded Loan Transactions Can’t Be Treated as Unexplained Money: ITAT
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has deleted an addition...
GST
GST ITC Can’t Be Denied if Return Was Filed Before Cut-Off Date U/s 16(5): Kerala High Court
The Kerala High Court has held that a taxpayer cannot be denied Input Tax...
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
Jewellery Stocks Rally as Govt. Cuts Gold, Silver Import Prices
Shares of jewellery companies witnessed a strong rally after the Centre reduced the base...
Money Hacks
Top 10 Cashback UPI Apps in India (2026)
India’s Unified Payments Interface (UPI) has transformed the digital payment ecosystem by enabling instant...
Supreme Court
Supreme Court Issues Notice on Centre’s Challenge to Telangana HC Verdict Striking Down ISD ITC Distribution Rule
The Supreme Court has issued notice on a Special Leave Petition (SLP) filed by...
CCI | GST | Direct Tax
CCI
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...
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...
GST
GST ITC Can’t Be Denied if Return Was Filed Before Cut-Off Date U/s 16(5): Kerala High Court
The Kerala High Court has held that a taxpayer cannot be denied Input Tax...
GST
Supreme Court to Hear GST Dispute on Assignment of Leasehold Rights in July 2026
The long-running controversy surrounding the GSTability of assignment of leasehold rights is once again...
GST
Rooftop Solar Systems Not ‘Works Contracts’: Rajasthan GST Appellate Authority Quashes Rs. 3.05 Crore Demand [READ ORDER]
The Rajasthan Appellate Authority, State Tax, Jodhpur, has set aside a GST demand of...
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
5G Radio Unit Is Classified Under CTH 8517 6260: CESTAT
The Bangalore Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has dismissed the department’s appeal and upheld the classification adopted by the importer for Airspan Air Velocity 2700, a 5G networking device, under Customs Tariff Heading (CTH) 8517 6260. The bench of...
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
Other Laws
Delhi Excise Policy Case: Kejriwal, Sisodia and Durgesh Pathak Rejoin Proceedings Before Delhi High Court Under Justice Manoj Jain
A fresh development has emerged in the Delhi excise policy litigation, with senior leaders...
Indirect Taxes
Service Tax | 67% Abatement Can’t Be Denied for Procedural Lapses: CESTAT
The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Kolkata Bench, has set aside...
GST
Madras HC Quashes GST Demands on TASMAC Bar Licence Fee
The Madras High Court has quashed the GST Demands on Tamil Nadu State Marketing...
Indirect Taxes
Excise Dept. Can’t Demand Statutory Records Like RT-12 Returns, Challans For Duty Payments After 2 Decades: CESTAT
The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Kolkata Bench, has set aside...
Indirect Taxes
Customs Can’t Override Valid DGFT EODC: CESTAT
The Kolkata Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has...
Indirect Taxes
Third-Party Diaries Alone Can’t Prove Clandestine Removal | CESTAT Quashes Excise Demand Against Steel Manufacturer
The Kolkata Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has...
Indirect Taxes
Running Account Bills Can’t Be Rejected on Mere Technicalities: CESTAT Allows Rajasthan Housing Board CENVAT Credit
The Principal Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT), New...
Columns
Penalty on Undisclosed Gold, Cash and Investments
The discovery of undisclosed cash, gold, jewellery, bullion, property, or investments during an Income...
Direct Tax
ITAT Quashes Reassessment Proceedings Over Undated Reasons, Mechanical Approval U/s 151
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has quashed reassessment proceedings...
GST
Pending Proceedings Can’t Survive Without Saving Clause: Calcutta High Court Quashes GST Demand of Rs. 6.28 Crore After Omission of R. 96(10)
The Calcutta High Court has set aside GST demands amounting to ₹6.28 crore raised...
Other Laws
NEET Paper Leak Controversy | Supreme Court Seeks NTA Affidavit
The Supreme Court on Monday expressed serious concern over recurring irregularities surrounding the National...
GST
Madras High Court Quashes GST Assessment Orders for Denial of Personal Hearing; Remands Matter Subject to 10% Deposit
The Madras High Court has set aside GST assessment orders passed against a restaurant...