Company & PMLA
Subsidiary Assets Can’t Be Treated as Corporate Debtor’s Assets Under IBC: Supreme Court
The Supreme Court has held that assets belonging to subsidiary companies cannot be treated as assets of the corporate debtor during the Corporate Insolvency...
Notification
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...
Other Laws
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...
Other Laws
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...
Company & PMLA
Subsidiary Assets Can’t Be Treated as Corporate Debtor’s Assets Under IBC: Supreme Court
The Supreme Court has held that assets belonging to subsidiary companies cannot be treated...
Direct Tax
Reliance Trust, ISKCON, Hinduja Hospital & Breach Candy Move ITAT Against S. 12AB Cancellation Over ‘Commercial Activity’ Allegations
A major charitable trust operating a leading hospital in Mumbai, along with organisations such...
Company & PMLA
PMLA | Statements Recorded in Custody U/s 50 Inadmissible: Delhi High Court
The Delhi High Court has held that statements recorded under Section 50 of the...
Columns
Income Tax Notice: Key Reasons Why Taxpayers Receive I-T Notices and How to Respond?
Filing income-tax returns (ITR) in India has become significantly easier in recent years, with...
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, marking a significant moment ahead of the presentation of the...
Money Hacks
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...
Money Hacks
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....
Direct Tax
ITAT Deletes Global Income Addition After Holding No Basis for POEM in India Despite CIT(A)’s Own Findings
The Income Tax Appellate Tribunal (ITAT), Ahmedabad Bench, has set aside the addition of...
CCI | GST | Direct Tax
CCI
CCI Approves Acquisition Of Jaiprakash Associates By Vedanta
The Proposed Combination envisages acquisition of Jaiprakash Associates Limited (JAL) by Vedanta Limited (Acquirer)...
CCI
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...
CCI
Mandatory Condition Of Prima Facie Anti-Competitive Agreements, Abuse Of Dominant Position Absent, CCI Can’t Direct Investigation: Gauhati High Court
The Gauhati High Court has held that the decision of the Competition Commission of...
CCI
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...
CCI
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...
GST
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...
GST
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...
GST
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...
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
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...
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
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 Updates
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
Columns
Dividend Income to Become Fully Taxable from April 1, 2026: What Investors Need To Know
The government has proposed to withdraw the deduction available on interest expenses incurred for...
Notification
Last Date for Deferred Customs Duty Payment
The Central Board of Indirect Taxes and Customs (CBIC) has issued a public advisory...
Other Laws
Civil Court Jurisdiction Not Barred by SARFAESI: Delhi High Court Restores Suit Challenging Sale Deed
The Delhi High Court has held that a civil suit seeking cancellation of a...
Direct Tax
Reassessment Invalid If No Addition Made on Recorded Reasons’; S. 68 Can’t Apply to Genuine Share Sale Proceeds: ITAT
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has quashed reassessment proceedings...
Direct Tax
Procedural Lapse Should Not Deny Concessional Tax Regime: ITAT Directs Condonation of Delay in Filing Form 10IC
The Delhi Bench of Income Tax Appellate Tribunal has directed the Principal Commissioner of...
Other Laws
Ancestral Property vs. Self-Acquired | Revenue Entry Not Conclusive, Gujarat High Court Upholds Registered Will
The Gujarat High Court has held that a mere revenue entry describing land as...
Company & PMLA
PMLA Offence Is a Continuing One; Absence of Sanction Not a Ground for Discharge At Threshold: Orissa High Court
The Orissa High Court has dismissed a criminal revision petition filed by a former...
Notification
DGFT Amends Handbook of Procedures 2023; Updates GIA Laboratory’s Legal Status in Dubai
The Directorate General of Foreign Trade (DGFT), under the Ministry of Commerce and Industry,...
GST
GST Exemption for Adult, Clinical Diapers: Delhi HC Asks Centre to Decide Within 6 Months
The Delhi High Court has directed the Union government to examine and decide, within...
Columns
RBI Tightens Bank Lending Norms for Stock Brokers
In a major regulatory move, the Reserve Bank of India (RBI) has unveiled a...
Indirect Taxes
CBIC Holds Trade Meet in Mumbai, Explains Budget 2026–27 Reforms
The Central Board of Indirect Taxes and Customs (CBIC) held an interactive outreach session...
GST
GST Registration Cancellation Quashed for Non-Uploading of Physical Verification Report: Chhattisgarh HC
The Chhattisgarh High Court has quashed show-cause notices and orders cancelling GST registrations of...