Software Value Can’t Be Added To Hardware Value For Determining Assessable Value Of Imported Diamond Cutting, Scanning Machines: CESTAT

The Mumbai Bench of Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has held that the value of software cannot be added to the...

CA Final Examinations | ICAI Issues Detailed Eligibility Guidelines for May 2026 

The Institute of Chartered Accountants of India (ICAI) has released a comprehensive notification outlining the requirements and eligibility conditions for candidates intending to appear in the May 2026 CA Final examinations. The announcement directs students to ensure strict compliance with registration, conversion, articleship, and...

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...

Software Value Can’t Be Added To Hardware Value For Determining Assessable Value Of Imported Diamond Cutting, Scanning Machines: CESTAT

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

Constitution (Amendment) Bill, 2026 Proposes SC Regional Benches, Judicial Diversity, Caste-Based Census By States And Much More

DMK Rajya Sabha MP and Senior Advocate P. Wilson introduced the Constitution (Amendment) Bill,...

Separate AC Supply and Installation Contracts Qualifies as Works Contract: CESTAT 

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

Freight on Explosives Deliveries Includible in Assessable Value: CESTAT

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

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...

Excess Reversal of CENVAT Credit on Inter-Unit Transfers Not Illegal: CESTAT

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

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

Software Value Can’t Be Added To Hardware Value For Determining Assessable Value Of Imported Diamond Cutting, Scanning Machines: CESTAT

The Mumbai Bench of Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has held that the value of software cannot be added to the value of hardware for determining the assessable value of imported diamond cutting and scanning machines.The Bench of Dr. Suvendu Kumar...

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

India–UK Tax Treaty Applies to Dividend Distribution Tax: Bombay High Court

The Bombay High Court at Goa has held that Dividend Distribution Tax (DDT) is...

GST Refund Can’t Be Denied by Treating Export Services as ‘Intermediary’: Karnataka High Court

The Karnataka High Court has set aside a GST appellate order against an education...

Delhi HC Defers Glass Industry Challenge to Soda Ash Anti-Dumping Probe

The Delhi High Court has declined to examine a writ petition filed by an...

GST Dept. to Conclude Proceedings on Seized Cardamom Within 2 Weeks: Kerala High Court 

The Kerala High Court has directed the State GST enforcement department to expeditiously conclude...

CBDT Notifies Jurisdiction of Commissioners (Appeals) for Search-Related Income Tax Cases Across India

In a significant administrative move aimed at streamlining the appellate process under the Income-tax...

Centre Extends Anti-Dumping Duty on Chinese Faced Glass Wool Rolls Till June 2026

The  Ministry of Finance has extended the anti-dumping duty on imports of Faced Glass...

GST Exemption for Municipal O&M Services Hinges on ‘Pure Service’ Test and Goods Value Cap: AAR

The West Bengal Authority for Advance Ruling (AAR) has clarified the GST treatment of...

Supreme Court Clarifies On Income Tax Deduction of Head Office Expenses by Foreign Companies

The Supreme Court clarified the scope of deductions available to non-resident entities for expenses...

Security, Scavenging Services Provided to Government Hospitals Exempt from GST: AAR

The West Bengal Authority for Advance Ruling (WBAAR) has ruled that security and scavenging...

GST Sponsorship Services: Section 8 Companies Classified as ‘Body Corporate’, Forward Charge Applies from January 2025: AAR

The West Bengal Authority for Advance Ruling (WBAAR) has held that a Section 8...

5% GST Payable On Homoeopathic Medicaments: AAR

The West Bengal Authority for Advance Ruling (WBAAR) has ruled that 5% GST is...

GST Exemption On Business Transfer as Going Concern: AAR

The West Bengal Authority for Advance Ruling (WBAAR) has ruled that the transfer of...