Prior-Period CENVAT Credit Can’t Be Ground to Deny 70% Abatement Under Service Tax Notifications: CESTAT

The Kolkata Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has held that CENVAT credit pertaining to a period prior to...

Gross GST Collections Rise 8.1% to ₹1.83 Lakh Crore in February 2026; Net Revenue Up 7.9%

India’s Goods and Services Tax (GST) collections continued their upward trajectory in February 2026, with gross revenues witnessing robust year-on-year growth. As per the latest data released by the Ministry of Finance, total gross GST revenue for February 2026 stood at ₹1,83,609 crore, marking...

Delhi High Court Revives Disciplinary Proceedings Against IRS Officer Sameer Wankhede

The Delhi High Court on Friday set aside a January 2026 order of the...

Surety Liable Only Up to Sanctioned Loan Amount: SC

The Supreme Court has held that a surety is liable only to the extent...

Prior-Period CENVAT Credit Can’t Be Ground to Deny 70% Abatement Under Service Tax Notifications: CESTAT

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

Valuation Enhancement Solely on Chartered Engineer’s Certificate Unsustainable: CESTAT

The Customs, Excise & Service Tax Appellate Tribunal (CESTAT), Mumbai Bench, has held that...

Global Markets Tumble as US-Israel Strike on Iran Escalates Conflict, Crude Oil Soars

Global markets are bracing for a turbulent start to the week as escalating tensions...

Stock Market Falls, Rupee Weakens as Oil Prices Jump Amid US Israel War On Iran

Indian equity benchmarks opened sharply lower on Monday, while the rupee weakened to a...

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...

RBI Tightens Bank Lending Norms for Stock Brokers

In a major regulatory move, the Reserve Bank of India (RBI) has unveiled a...

How Much Silver Can You Keep at Home Without Tax in India?

Silver has traditionally held both cultural and investment value in India. From household utensils...

JURISHOUR | TAX LAW DAILY BULLETIN : MARCH 2, 2026

Here’s the Tax Law Daily Bulletin for March 2, 2026.GSTGROSS GST COLLECTIONS RISE 8.1%...

CCI | GST | Direct Tax

CCI Approves Acquisition Of Jaiprakash Associates By Vedanta 

The Proposed Combination envisages acquisition of Jaiprakash Associates Limited (JAL) by Vedanta Limited (Acquirer)...

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...

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...

Whether Swiggy Can Share Confidential Data With Restaurant Association? Karnataka High Court Directs CCI To Decide Afresh

The Karnataka High Court directed Competition Commission of India to decide afresh whether swiggy...

Alleged Fake ITC Racket Posed Serious Threat To Public Exchequer: Allahabad HC Denies Bail

The Allahabad High Court has rejected the bail applications of three accused—Hari Shankar Sharma,...

Interest Not Mentioned in GST SCN Can’t Be Imposed Later: Allahabad High Court

The Allahabad High Court, Lucknow Bench has quashed a tax demand of over ₹1.02...

GST Demand Passed Against Deceased Proprietor Without Notice to Legal Heir Quashes: Allahabad HC

The Allahabad High Court, Lucknow Bench, has quashed a GST demand order issued against...

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

Prior-Period CENVAT Credit Can’t Be Ground to Deny 70% Abatement Under Service Tax Notifications: CESTAT

The Kolkata Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has held that CENVAT credit pertaining to a period prior to the introduction of restrictive abatement notifications cannot be used to deny the benefit of 70% abatement under the service tax...

EU and India Finalise Historic Free Trade Agreement, Creating One of the World’s Largest Trade Zones

In a landmark development for global trade, the European Union and India have concluded...

China Permits 44 Companies To Export Silver For 2026–27

According to a statement issued by China’s Ministry of Commerce on Tuesday, a total...

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 | 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...

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AI Accountability Bill 2025

The Artificial Intelligence (Ethics and Accountability) Bill, 2025 was introduced in the Lok Sabha...

GST Evasion | How Fake Invoice Rackets Are Detected Digitally?

India’s Goods and Services Tax (GST) framework has entered a decisive phase of enforcement...

MCA Pushes Ease of Doing Business 2.0: Small Company Thresholds Raised, Compliance Burden Further Eased

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Supreme Court Directs Tax Dept. to Issue C-Forms and F-Forms

The Supreme Court has disposed of a large batch of civil appeals filed by...

Non-Communication of Time Extension By Customs Dept. Doesn’t Invalidate Adjudication: Delhi High Court 

The Delhi High Court has ruled that failure to formally communicate an order granting...

Retrospective GST Registration Cancellation Invalid Without Prior Notice in SCN: Delhi HC

The Delhi High Court has held that GST registration cannot be cancelled retrospectively unless...

Statutory Tax Dues For Pre-CIRP Period Stand Extinguished Once Resolution Plan Is Approved Under IBC: Delhi HC

The Delhi High Court has held that statutory dues for pre-CIRP period stand extinguished...

Presumption of Illegal Export Can’t Justify Confiscation: CESTAT Quashes Customs Seizure for Lack of Evidence

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

GST ITC | Once Returns Submitted U/s 16(5), Time Limit U/s 16(4) Loses Its Significance: Kerala HC

The Kerala High Court while quashing the Input Tax Credit (ITC) denial, held that...

Income Tax Appeal on Interest Deduction for Share Investments Rejected: Madras High Court 

The Madras High Court has dismissed an appeal filed by the Income Tax Department...

No SCN in 6 Months? Seized Currency Must Be Returned, Clarifies Madras High Court

The Madras High Court has ruled that Indian currency falls within the definition of...