Investments Made Beyond ITR Due Date: ITAT Allows S. 54 Exemption for Investment in Multiple Residential Properties 

The Delhi Bench of Income Tax Appellate Tribunal (ITAT) has held that for assessment years prior to the 2015 amendment, the benefit of Section...

DGFT Operationalises Inter-Ministerial Group for Supply Chain Resilience Amid West Asia Conflict

The Directorate General of Foreign Trade (DGFT) has operationalised an inter-ministerial group for supply chain resilience amid West Asia conflict.In pursuance of the decision taken in the meeting held on March 02, 2026 under the Chairmanship of Special Secretary, Department of Commerce & DG,...

Forfeiture of Security Deposit Without Show-Cause Notice Violates Natural Justice: Himachal Pradesh High Court

The Himachal Pradesh High Court has quashed the forfeiture of ₹15.67 lakh from a...

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...

Investments Made Beyond ITR Due Date: ITAT Allows S. 54 Exemption for Investment in Multiple Residential Properties 

The Delhi Bench of Income Tax Appellate Tribunal (ITAT) has held that for assessment...

Mere Investigation Reports, Abnormal Price Rise Can’t Render Genuine Stock Exchange Transactions As Sham: ITAT 

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

Centre Expands Mandatory Gold Hallmarking to More Districts; Issues 2026 Amendment Order

The Central Government has notified the Hallmarking of Gold Jewellery and Gold Artefacts (Amendment)...

Rs. 27 Crore GST Demand Against Dell Stayed Over Alleged Jurisdictional Error: Allahabad High Court  

The Allahabad High Court stayed the operation of a GST demand order issued against...

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...

Documentary Evidence Overrides ‘Human Probabilities’ in Rs. 27.20 Crore Purchase Dispute: ITAT

The Delhi Bench of Income Tax Appellate Tribunal (ITAT) has held that documentary evidence...

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...

Rs. 27 Crore GST Demand Against Dell Stayed Over Alleged Jurisdictional Error: Allahabad High Court  

The Allahabad High Court stayed the operation of a GST demand order issued against...

GST Payable Over and Above Tender Amount: Kerala High Court Quashes Recovery From Contractor

The Kerala High Court has held that GST is payable over and above the...

CGST Assistant Commissioner Cited Judgements With Judge’s Names In Affidavit: Allahabad HC Reprimands Officer

The Allahabad High Court has reprimanded the CGST Assistant Commissioner for citing judgements with...

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

When Service Tax Is Shown Separately In Invoices, Assessee Can’t Later Claim Cum-Tax Benefit Merely Because Tenant Failed To Pay Tax: CESTAT

The Bengaluru Bench of Customs, Excise and Service Tax Appellate Tribunal (CESTAT), has upheld a service tax demand against Bharat Builders, ruling that when service tax is shown separately in invoices, the assessee cannot later claim cum-tax benefit merely because the tenant failed 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

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...

ICAI Revamps Advertisement Rules, Aligns Ethics with Global Standards to Boost Indian CA Firms

In a significant regulatory overhaul aimed at strengthening India’s professional services ecosystem, the Institute...

NOC Details From Previous Auditor Now Mandatory

In a significant compliance update impacting the audit and assurance ecosystem, the Institute of...

Customs to Decide Export Amendment Plea Before Proceeding With Penalty Action: Calcutta High Court 

The Calcutta High Court has intervened in a long-pending dispute between a tea exporter...

GST Portal Faces Document Upload Glitch

The GST Portal witnessed a technical disruption on Tuesday after taxpayers reported difficulties in...