JURISHOUR | TAX LAW DAILY BULLETIN : 12 JULY, 2026

Here’s the Tax Law Daily Bulletin for July 12, 2026.GSTWHETHER TRANSFER OF LEASEHOLD RIGHTS IS TAXABLE? DELHI HIGH COURT STAYS COERCIVE ACTION BY GST...

Rajasthan GST Dept. Introduces Risk-Based Selection and Faceless Return Scrutiny

The Rajasthan Commercial Taxes Department has issued a comprehensive circular laying down fresh guidelines for scrutiny of returns under Section 61 of the Rajasthan Goods and Services Tax (RGST) Act, 2017. The new instructions superseded the earlier circular dated January 7, 2022, and established a...

Voluminous Records Not a Ground for Delayed Filing of Evidence in Commercial Suits: Supreme Court

The Supreme Court has reaffirmed the strict procedural framework governing commercial disputes by refusing...

Persistent Loan Defaulters Can’t Challenge Recovery After Repeated Defaults: Supreme Court

The Supreme Court of India has ruled that a financial corporation cannot be prevented...

JURISHOUR | TAX LAW DAILY BULLETIN : 12 JULY, 2026

Here’s the Tax Law Daily Bulletin for July 12, 2026.GSTWHETHER TRANSFER OF LEASEHOLD RIGHTS...

No Fresh Pre-Deposit Required if Earlier Deposit Exceeds Tribunal Requirement After Appellate Relief: GSTAT 

The Goods and Services Tax Appellate Tribunal (GSTAT), Cuttack Bench, has held that an...

DGGI Can Invoke Extended Limitation Under Section 74 Where Foundational Facts Exist: Madras High Court

The Madras High Court has held that the Directorate General of GST Intelligence (DGGI)...

Token Based Mechanism Introduced to Protect Appeal Filing Deadline Till July 31 Amid E-Filing Issues: GSTAT 

The Principal Bench of the Goods and Services Tax Appellate Tribunal (GSTAT) has introduced...

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...

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...

Gold & Silver Prices Fluctuate; Check Latest Rates Before Buying

Individuals planning to purchase gold or silver may want to take note of the...

Allahabad HC Entertains GST Challenge Against Retrospective Penalty u/s 122(1A), Stays Coercive Recovery

The Allahabad High Court has entertained a writ petition challenging the imposition of penalty...

CCI | GST | Direct Tax

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...

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...

Markets Trade Flat Ahead of Union Budget 2026-27

Equity benchmark indices traded in a narrow range on Sunday morning as investors remained...

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 Approves Acquisition Of Jaiprakash Associates By Vedanta 

The Proposed Combination envisages acquisition of Jaiprakash Associates Limited (JAL) by Vedanta Limited (Acquirer)...

No Fresh Pre-Deposit Required if Earlier Deposit Exceeds Tribunal Requirement After Appellate Relief: GSTAT 

The Goods and Services Tax Appellate Tribunal (GSTAT), Cuttack Bench, has held that an...

Allahabad HC Entertains GST Challenge Against Retrospective Penalty u/s 122(1A), Stays Coercive Recovery

The Allahabad High Court has entertained a writ petition challenging the imposition of penalty...

Karnataka High Court Grants Interim Relief in GST Dispute Over Pre-GST Joint Development Agreement and ITC Denial

The Karnataka High Court has granted interim relief to real estate developer in a...

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

CESTAT Quashes Rs. 49.70 Lakh Service Tax Demand on Liquor Job Work

The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Allahabad Bench, has set aside a service tax demand of ₹49.70 lakh raised holding that activities such as repacking bottles, cleaning bottles, barcode sticking and other job work performed during the liquor manufacturing process qualify...

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...

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...

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

Rule 48(4) vs Rule 138A(1): GST E-Invoice Confusion Leading to Detentions of Goods in Transit

A growing number of GST-registered businesses are facing detention of goods and vehicles during...

Common PCIT Approval for 111 Cases Shows Non-Application of Mind; Entire Reassessment Proceedings Invalid: ITAT

The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has quashed a reassessment...

Salaried Employees Can Also Be Liable to Deduct TDS: 4 Common Situations You Should Know

Many salaried taxpayers assume that once their employer deducts Tax Deducted at Source (TDS)...

FIEO Urges Government to Roll Out GST Refunds for Foreign Tourists

India's apex exporters' body, the Federation of Indian Export Organisations (FIEO), has urged the...

CBIC Member Surjit Bhujabal Visits Thar Dry Port ICD at Hirnoda, Reviews Import-Export Operations

In a significant move aimed at strengthening India's logistics and trade infrastructure, CBIC Member...

How to File an ITR and Claim a TDS Refund for a Deceased Parent? A Step-by-Step Guide for Legal Heirs

Filing an Income Tax Return (ITR) on behalf of a deceased parent is an...

ICAI Releases CA Final November 2026 Eligibility Criteria

The Institute of Chartered Accountants of India (ICAI) has officially clarified the eligibility conditions...

Appeals under the Income-tax Act, 2025: What’s New and What Remains Unchanged?

The Income-tax Act, 2025, which came into effect from 1 April 2026, marks one...

Bombay High Court Adds 49 Advocates to Panel of Arbitrators and Conciliators

The High Court of Judicature at Bombay has expanded its Panel of Arbitrators and...

JURISHOUR | TAX LAW DAILY BULLETIN : 04 July, 2026

Here’s the Tax Law Daily Bulletin for July 04, 2026.GSTRETROSPECTIVE USE OF S. 122(1A)...

Untold Story Behind Cape Verde’s Economy and Its Rise on Global Stage

As Cape Verde captures global attention with its inspiring performances at the FIFA World...

Warren Buffett’s 11-Word Warning Returns as Stock Markets Rally: What Every Investor Should Know

Legendary investor Warren Buffett has once again reminded investors that long-term success in the...