Indirect Taxes
Mere ‘Kitting’ of Imported Photocopier Modules Is Not ‘Manufacture’: Supreme Court Quashes Excise Duty Demand
The Supreme Court has held that merely grouping, plugging, pinning and configuring imported photocopier modules according to customer requirements—described as "kitting"—does not amount to...
Notification
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...
Other Laws
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)...
Other Laws
Delhi Court Grants Bail to Head Chef in Flourish Stay Hotel Fire Case; Says Routine Kitchen Duties Alone Do Not Establish Criminal Negligence
Delhi Saket court has granted regular bail to Keshar Negi, the Head Chef arrested...
Indirect Taxes
Mere ‘Kitting’ of Imported Photocopier Modules Is Not ‘Manufacture’: Supreme Court Quashes Excise Duty Demand
The Supreme Court has held that merely grouping, plugging, pinning and configuring imported photocopier...
Indirect Taxes
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...
GST
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...
GST
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...
Live Updates
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...
Money Hacks
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...
Money Hacks
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...
Direct Tax
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...
CCI | GST | Direct Tax
CCI
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...
CCI
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...
CCI
Markets Trade Flat Ahead of Union Budget 2026-27
Equity benchmark indices traded in a narrow range on Sunday morning as investors remained...
CCI
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
CCI Approves Acquisition Of Jaiprakash Associates By Vedanta
The Proposed Combination envisages acquisition of Jaiprakash Associates Limited (JAL) by Vedanta Limited (Acquirer)...
GST
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...
GST
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...
GST
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...
Direct 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’...
Direct 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...
Direct Tax
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...
Direct Tax
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...
Direct Tax
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...
Direct Tax
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
Indirect Taxes
Mere ‘Kitting’ of Imported Photocopier Modules Is Not ‘Manufacture’: Supreme Court Quashes Excise Duty Demand
The Supreme Court has held that merely grouping, plugging, pinning and configuring imported photocopier modules according to customer requirements—described as "kitting"—does not amount to manufacture attracting central excise duty. A Bench comprising Justice S.V.N. Bhatti and Justice N.V. Anjaria held that the Revenue failed to...
International Taxation
U.S. Court Clarifies “Processing Operation”: Marketability Transformation Test Shows MOOWR ‘Other Operations’ Not Limited to Manufacturers
The Arizona Supreme Court has held that machinery used in an industrial healthcare textile...
International Taxation
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...
Live Updates
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...
Live Updates
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
Company & PMLA
Scheduled Offences and Prima Facie Money-Laundering Allegations Made Out: Rajasthan High Court Denies Bail in PMLA Case
The Rajasthan High Court has dismissed a bail application filed by Mohammed Sadeeque in...
Notification
Lenders Barred from Blocking Borrowers’ Phones, Online Shaming Prohibited; Implementation Deferred to Oct 1, 2026: RBI
The Reserve Bank of India (RBI) has introduced a major overhaul of its loan...
Notification
GSTAT Ranchi Bench Issues Circular on Dress Code for Authorised Representatives Appearing Before Tribunal
The Goods and Services Tax Appellate Tribunal (GSTAT), Ranchi Bench, has issued a circular...
Money Hacks
SEBI Issues SCN to 6 Capital Group FPI
India’s capital markets regulator, the Securities and Exchange Board of India (SEBI), has reportedly...
Notification
Customs Waives Late Filing Penalty for Bills of Entry After ICEGATE “Error 999” Disruption
The Office of the Principal Commissioner of Customs, Inland Container Depot (ICD) Patparganj and...
GST
CBI Arrests CGST Superintendent and Inspector in Bribery Case
The Central Bureau of Investigation (CBI) has arrested a Superintendent and an Inspector of...
Direct Tax
ITAT Has No Power to Condon Delay Beyond Six Months in Rectification Applications U/s 254(2)
The Pune Bench of the Income Tax Appellate Tribunal (ITAT) has ruled that it...
GST
DGGI Meerut | Court Reject Bail Of Person Involved In GST fraud
A Meerut Court has rejected the bail application of Mohd. Akib, accused in an...
GST
Supreme Court Allows GST Assessee to Challenge Missing Seized Files Issue Before Appellate Authority; Reduces Pre-Deposit
The Supreme Court has permitted a GST assessee to raise before the appellate authority...
Direct Tax
ITAT Quashes Nine S. 153C Assessments Over Defective Satisfaction Note and Limitation Issues
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has quashed nine assessments...
Direct Tax
Appellate Authority Must Decide Whether AO Exceeded Limited Scrutiny Scope Without Converting Case Into Full Scrutiny: ITAT
The Pune Bench of the Income Tax Appellate Tribunal (ITAT) has restored a matter...
Other Laws
Supreme Court Upholds Landowners’ Right To Additional Amenity TDR, Rejects BMC’s Waiver And Delay Objections
The Supreme Court has upheld the entitlement of landowners to receive additional amenity Transferable...