JURISHOUR | TAX LAW DAILY BULLETIN : MARCH 7, 2026

Here’s the Tax Law Daily Bulletin for March 7, 2026. GST GST DEPT. TO CONSIDER RESTORATION OF REGISTRATION AFTER TAXPAYER CLEARS DUES, FILES PENDING RETURNS: GAUHATI...

Credit Support Framework for MSME E-commerce Exporters Notified: DGFT

The Directorate General of Foreign Trade (DGFT) issued a trade notice outlining eligibility criteria and operational guidelines for extending credit assistance to micro, small and medium enterprises (MSMEs) engaged in exports through digital commerce channels under the ₹25,060-crore Export Promotion Mission (EPM). According to the...

Trial Judge Relied On Ex-Parte Ownership Decree Passed Against A Person Who Died Decades: HC names It As ‘Judicial Misconduct’

The Allahabad High Court has set aside a decree directing Nagar Nigam Ghaziabad to...

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...

JURISHOUR | TAX LAW DAILY BULLETIN : MARCH 7, 2026

Here’s the Tax Law Daily Bulletin for March 7, 2026. GST GST DEPT. TO CONSIDER RESTORATION...

Time Limit to Claim Input Tax Credit under GST

Input Tax Credit (ITC) is a cornerstone of the Goods and Services Tax (GST)...

India Moves to Ease Export Bottlenecks as Shipping Disruptions Stall Middle East Cargo

India’s maritime regulator, the Directorate General of Shipping, is set to convene a high-level...

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...

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...

GST Electronic Credit Ledger Blocking Cannot Continue Beyond 1 Year: Karnataka High Court 

The Karnataka High Court has held that the blocking of a taxpayer’s Electronic Credit...

Depreciation on Unavailed ITC Does Not Bar Credit U/s 16(3): Kerala High Court

The Kerala High Court has ruled that banking companies opting for the 50% Input...

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

SCN Unwarranted When Service Tax Paid Before Notice U/S 73(3): Karnataka HC

The Karnataka High Court has held that when an assessee pays the tax along with interest prior to the issuance of a show cause notice, the statutory protection under Section 73(3) of the Finance Act, 1994 would apply in the absence of allegations of...

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

Punjab & Haryana High Court Upholds DRI’s Jurisdiction As ‘Proper Officer’ to Issue SCNs

The Punjab & Haryana High Court has dismissed three long-pending writ petitions filed in...

GST Annual Return Clarification: How to Report ITC Reversed in FY 2024-25 Pertaining to FY 2023-24

The Goods and Service Tax Network (GSTN) has issued the clarification that has emerged...

Table 7J of GSTR-9 Not Matching Table 4C of GSTR-3B? GSTN Issues Clarification on ITC Mismatch for FY 2024–25

In a recent clarification aimed at addressing taxpayer concerns, the Goods and Services Tax...

GSTR-9C Table 12B May Trigger ITC Mismatch for FY 2024-25; GSTN Directs Taxpayers to Use Table 13 

The Goods and Service Tax Network (GSTN) has issued a new compliance wrinkle for...

GSTR-9 Clarification: No Reporting Needed in Table 7 for Reversal of FY 2023–24 ITC in FY 2024–25

The Goods and Service Tax Network (GSTN) has clarified that annual return reporting under...

If I paid GST on RCM for FY24-25 in GSTR3B of FY25-26. Should this liability and ITC of RCM be reported in GSTR 9...

The Goods and Service Tax Network (GSTN) has issued the Frequently Asked Questions (FAQs)...

Income Tax Dept. To Refund Excess Recovery Beyond 20% of Disputed Demand: Calcutta High Court

The Calcutta High Court has directed the Income Tax Department to refund all amounts...

Customs Cleanup to Be FM’s ‘Next Big Assignment’ Ahead of Budget 2026: Sitharaman at HTLS 2025

Finance Minister Nirmala Sitharaman on Saturday announced that an extensive overhaul of India’s customs...

Madras HC Slams State Over Deepam Lamp Row, Clears Path for CISF-Escorted Ritual

The Madras High Court refused to interfere with a contempt order directing the lighting...

Crypto Tools Powering Smuggling Networks: DRI Flags Surge in Stablecoin-Funded Gold and Drug Trafficking

India’s premier anti-smuggling authority has issued a stark warning over the accelerating use of...

Ghaziabad CGST Commissionerate: Court Sends Accused to Judicial Custody in Rs. 73.70 Crores GST Evasion Case [READ ORDER]

A Special Chief Judicial Magistrate (SCJM) Court in Meerut has ordered the judicial custody...

Allahabad High Court Rejects Anticipatory Bail for Singer Neha Singh Rathore Over ‘Disrespectful’ Social Media Posts

The Lucknow Bench of the Allahabad High Court (HC) has dismissed the anticipatory bail...