UP Police Bust Inter-State GST Fraud Network; 1,200 Bogus Firms Floated Across 20 States, 4 Arrested

In a major crackdown on tax evasion, the Uttar Pradesh Police have uncovered an extensive inter-state racket that allegedly created nearly 1,200 shell companies...

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...

UP Police Bust Inter-State GST Fraud Network; 1,200 Bogus Firms Floated Across 20 States, 4 Arrested

In a major crackdown on tax evasion, the Uttar Pradesh Police have uncovered an...

Penalty Can’t Be Levied On Axis Bank For Change In Accounting Policy: ITAT

The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) has quashed penalty proceedings...

Incentives from Vehicle Manufacturers Are Trade Discounts, Not Consideration for Service Tax: CESTAT

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

No Service Tax on Composite Imported Machinery Contracts — Artificial Vivisection for ECIS Under RCM Not Permissible: CESTAT

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

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...

Consolidated Notices Covering Multiple FY U/s 74 Are Impermissible Under CGST Act: Bombay HC

The Nagpur bench of Bombay High Court has held that consolidated notices covering multiple...

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...

UP Police Bust Inter-State GST Fraud Network; 1,200 Bogus Firms Floated Across 20 States, 4 Arrested

In a major crackdown on tax evasion, the Uttar Pradesh Police have uncovered an...

Consolidated Notices Covering Multiple FY U/s 74 Are Impermissible Under CGST Act: Bombay HC

The Nagpur bench of Bombay High Court has held that consolidated notices covering multiple...

GSTAT Portal Undertaking Clause Modified After Representation by Marwar GST Appellate Tribunal Bar Association

In a procedural development concerning filings before the Goods and Services Tax Appellate Tribunal...

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

Incentives from Vehicle Manufacturers Are Trade Discounts, Not Consideration for Service Tax: CESTAT

The Hyderabad Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has upheld the dropping of service tax demand against an automobile dealer, ruling that incentives and discounts received from a vehicle manufacturer are in the nature of trade discounts linked to...

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...

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...

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...

Latest Articles

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...

Simultaneous Deductions Under S. 80-IA, 80-HHC Upheld: Madras High Court

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

Rural Branch Bad Debt Deduction Must Be Based on Aggregate Monthly Outstanding Advances, Not Incremental Lending: Madras HC

The Madras High Court has held that Co-operative Bank’s rural branch bad debt deduction...

Reassessment for Excess S. 80HHC Deduction Claim Upheld: Madras High Court 

The Madras High Court has upheld the validity of reassessment proceedings initiated by the...

GST Demand of Rs. 10.90 Lakh Quashed; Madras HC Orders Fresh Assessment After 50% Pre-Deposit

The Madras High Court has quashed a Goods and Services Tax (GST) demand of...

File Appeal Before GSTAT; Mandatory Pre-Deposit Conditions Can’t Be Bypassed By Invoking Writ Jurisdiction: Orissa HC

The Orissa High Court has declined to adjudicate a GST dispute on merits and...

Courts Must Not Show Extra Leniency To State For Lethargic Delays in Filing SLPs: SC 

The Supreme Court has dismissed special leave petitions (SLPs) filed by the Income Tax...

No Revision of Penalty After Tax Amnesty Immunity: Rajasthan High Court 

The Rajasthan High Court has dismissed an income tax appeal filed by the department,...

OPS Will Not Be Restored for Central Government Employees Under NPS/UPS: Finance Ministry Tells Lok Sabha

The Union Government has categorically ruled out the restoration of the Old Pension Scheme...

ICAI DigiCA UDIN Portal Manual: Key Highlights Every Chartered Accountant Must Know

The Institute of Chartered Accountants of India (ICAI) has released the updated DigiCA UDIN...