No Disallowance Without Nexus Between Borrowed Funds and Non-Business Use: ITAT Upholds Deletion of Rs. 10.87 Crore Additions

The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has affirmed the deletion of multiple additions made by the Assessing Officer (AO) for...

CBIC Promotes IRS Officers to Commissioner Grade in 2026 Panel

The Central Board of Indirect Taxes and Customs (CBIC) under the Ministry of Finance has issued Office Order announcing the empanelment and promotion of Ms. Rashmi G and Shri Tapan Kumar of the Indian Revenue Service (Customs & Indirect Taxes) to the grade of...

Candidates Must Possess Law Degree on Application Date for RPSC APO Recruitment: Supreme Court Clarifies Eligibility Cut-Off

The Supreme Court has held that candidates must possess the prescribed educational qualification as...

Survivability of Medical Negligence Claims Against Deceased Doctor’s Estate Under Consumer Law Clarified: Supreme Court

The Supreme Court has addressed a long-standing legal question concerning the survivability of medical...

No Disallowance Without Nexus Between Borrowed Funds and Non-Business Use: ITAT Upholds Deletion of Rs. 10.87 Crore Additions

The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has affirmed the deletion...

Drawback Recovery Under Repealed 1995 Rules Unsustainable; CESTAT Quashes Demand of Rs. 7.73 Cr In Garment Export Case

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

‘Fence-Sitters’ Can’t Challenge Seniority After Delay: Supreme Court Restores Promotions Granted Under Relaxed Service Rules

The Supreme Court has upheld the validity of promotions granted under relaxed service rules...

Candidates Must Possess Law Degree on Application Date for RPSC APO Recruitment: Supreme Court Clarifies Eligibility Cut-Off

The Supreme Court has held that candidates must possess the prescribed educational qualification as...

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...

10 Best Cryptocurrency Apps in India with Low Fees (2026 Edition)

With cryptocurrency adoption steadily rising in India, choosing the right trading app has become...

How You Can Save Up To 13% GST On Wedding Venues?

Planning a big Indian wedding often begins with locking in the venue and caterer....

Vague SCN and Double Taxation Unsustainable: CESTAT Quashes Service Tax Demand on Coaching Institute

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

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...

Patna High Court Upholds GST Summons in Fake ITC Probe; Dismisses Writ Challenging Multiple Notices, Imposes Rs. 25K Cost

The Patna High Court has dismissed a writ petition filed by a construction company...

Mere Deposit in Electronic Ledger Not GST Payment: Andhra Pradesh HC Quashes Composite Order

The Andhra Pradesh High Court has held that mere deposit of tax in the...

18% GST On Electric Bus Operations Under Cost Contract; ‘Electricity’ Not ‘Fuel’ for Concessional Entry: AAR

The Gujarat Authority for Advance Ruling (AAR) has held that services relating to operation...

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

Drawback Recovery Under Repealed 1995 Rules Unsustainable; CESTAT Quashes Demand of Rs. 7.73 Cr In Garment Export Case

The Mumbai Bench of the Customs, Excise & Service Tax Appellate Tribunal (CESTAT) has held that recovery of duty drawback under the repealed Drawback Rules, 1995 cannot be sustained after the coming into force of the Drawback Rules, 2017, thereby setting aside a demand...

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...

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

Right to Videography and Lawyer’s Presence During S. 70 CGST Summons: Bombay HC

The Bombay High Court has permitted videography of summons proceedings under Section 70 of...

Whether Death Was Homicide or Suicide? Supreme Court of India Upholds Section 306 IPC Conviction

The Supreme Court of India has conclusively ruled that the death of a young...

S. 27 Evidence Without Police Custody Can’t Sustain Conviction: Supreme Court 

The Supreme Court of India acquitted a man convicted for the murder of his...

Preferential Allotment of Welfare Flats Without Meeting Eligibility Criteria Is Illegal and Arbitrary: SC

The Supreme Court of India has set aside the allotment of two “super deluxe”...

Compensation Can’t Replace Punishment: Supreme Court Restores 3 Year Jail Term in Attempt to Murder Case 

The Supreme Court of India has set aside a Madras High Court order that...

JurisHour | Tax Law Daily Bulletin : February 17, 2026

Here’s the Tax Law Daily Bulletin for February 17, 2026.GSTDGGI Ghaziabad – Arrested Accused...

Cash Deposit Explained as Land Sale Advance: Income Tax Dept. Accepts Return After Detailed Reassessment

The Income Tax Department has accepted the returned income of ₹1,50,423 filed by Ajit...

Supreme Court Raises Alarm Over AI-Generated Petitions Containing Fake Citations

The Supreme Court of India on Monday expressed serious concern over a growing trend...

ICAI Board Reprimands 11 Ahmedabad CAs in Alleged Bogus Political Donations Scheme

The Board of Discipline of the Institute of Chartered Accountants of India (ICAI) has...

Bank Can’t Deny Job Benefits After Court Restores Employee’s Service: Bombay High Court

The Bombay High Court has held that once a court restores an employee’s service...

No Arrest Without S. 69 Order: Bombay High Court Grants Interim Protection to Sunil Biyani in Rs. 1,200-Crore GST Probe 

The Bombay High Court on Friday granted interim protection from arrest to Sunil Biyani,...