Proforma Invoice Valid for Availing CENVAT Credit if Service Tax Is Paid: CESTAT

The Bangalore Bench of the Customs, Excise & Service Tax Appellate Tribunal (CESTAT) has held that CENVAT credit cannot be denied merely because it...

ICAI Opens One-Time Window for CA Final Pass Candidates to Complete Virtual Adv. ITT & MCS, Enables Membership Eligibility

The Institute of Chartered Accountants of India (ICAI) has announced a one-time opportunity for eligible CA Final pass candidates to complete the mandatory Advanced Information Technology Training (Adv. ITT) and Management & Communication Skills (MCS) Course through virtual mode, enabling them to apply for...

Sameer Wankhede Case: Bombay High Court Raises Serious Questions Over NCB’s Reliance on Anonymous Complaints

The Bombay High Court has raised serious concerns over the Narcotics Control Bureau's (NCB)...

Proforma Invoice Valid for Availing CENVAT Credit if Service Tax Is Paid: CESTAT

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

Tax Demand Can’t Be Raised Through Computation Sheet When Assessment Accepts Returned Income Without Additions: ITAT

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

Whether Banks Can Simultaneously Avail ITC U/s 17(2) and 17(4)? Madras High Court Stays GST Adjudication Against City Union Bank

The Madras High Court has restrained the GST authorities from passing adjudication orders against...

Supreme Court Stays GST SCN Over Parallel Proceedings During Pending Statutory Appeal

The Supreme Court has stayed further proceedings arising from a Goods and Services Tax...

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...

How to Save Money on LPG Cylinder Booking: Best Apps, Cashback Offers In 2026

With domestic LPG cylinder prices continuing to strain household budgets, consumers are increasingly looking...

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...

Import Duty Payable on Actual Reduced Price Despite Higher Price at Time of Import: CESTAT

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

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)...

Driver’s Statement on Plain Paper Has ‘Very Little Evidentiary Value’: Allahabad High Court Quashes GST Penalty Order 

The Allahabad High Court has set aside an appellate order upholding a penalty under...

Whether Banks Can Simultaneously Avail ITC U/s 17(2) and 17(4)? Madras High Court Stays GST Adjudication Against City Union Bank

The Madras High Court has restrained the GST authorities from passing adjudication orders against...

Supreme Court Stays GST SCN Over Parallel Proceedings During Pending Statutory Appeal

The Supreme Court has stayed further proceedings arising from a Goods and Services 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’...

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

Proforma Invoice Valid for Availing CENVAT Credit if Service Tax Is Paid: CESTAT

The Bangalore Bench of the Customs, Excise & Service Tax Appellate Tribunal (CESTAT) has held that CENVAT credit cannot be denied merely because it was availed on the basis of a proforma invoice when the service tax had been duly paid by the service...

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

Civil Remedy Can’t Dilute Criminal Allegations: Supreme Court Cancels Anticipatory Bail in Rs. 3.55 Crore Property Fraud Case

The Supreme Court has cancelled the anticipatory bail granted to an accused in a...

Office Bearers Linked to Financial Transactions Can Face NI Act Prosecution; Mere Designation Not Enough: Supreme Court

The Supreme Court has held that office bearers of a company or society can...

JURISHOUR | TAX LAW DAILY BULLETIN : 26 May, 2026

Here’s the Tax Law Daily Bulletin for May 26, 2026.GSTGST ON BOT TOLL HIGHWAY...

CESTAT Quashes Service Tax Demand Based Solely on ITR/TDS Data

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

SCN Sent Through WhatsApp Not Valid Service: CESTAT

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

Contractual Penalty Clause Can Be Enforced Without Separate Proof of Actual Loss; Supreme Court Modifies Arbitral Award Using Article 142 Powers

The Supreme Court has ruled that where a contract itself specifically provides for payment...

Defendant Can’t Change Status from Co-Sharer to Tenant Through Additional Written Statement After Trial Begins: Supreme Court

The Supreme Court has held that a defendant cannot be permitted to fundamentally alter...

General Allegations and Unverified Letters Cannot Sustain Conviction: Supreme Court Acquits Husband in S. 498A Case

The Supreme Court has acquitted a husband who had been convicted under Section 498-A...

Statutory NPV Payments Not Consideration for ‘Declared Service’: CESTAT Quashes Rs. 7.64 Crore Service Tax Demand on CAMPA Deposits

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

‘Too Premature for CBI Probe’: Kerala High Court Refuses CBI Probe into Bribery Allegations Against ED Officer

The Kerala High Court has declined to transfer the investigation into bribery allegations made...

Mere Error of Judgment by AO Can’t Invite Disciplinary Action Without Proof of Mala Fides: Rajasthan High Court

The Rajasthan High Court has held that mere error of judgment by the Assessing...

Karnataka HC Restores GST Registration, Says Cancellation During Judicial Custody Violates Natural Justice

The Karnataka High Court has set aside the cancellation of a taxpayer’s GST registration...