Medical Colleges Not Entitled to Five-Year Subvention After TMA Pai Verdict: Supreme Court

The Supreme Court has ruled that private professional colleges cannot claim continuation of the Central Government's subvention scheme beyond the academic year 2002-03 merely...

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...

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)...

Medical Colleges Not Entitled to Five-Year Subvention After TMA Pai Verdict: Supreme Court

The Supreme Court has ruled that private professional colleges cannot claim continuation of the...

Non-Signatory Shareholder Bound by Arbitration Clause: Supreme Court 

The Supreme Court has held that a shareholder who did not sign a Memorandum...

Customs Foils Ingenious Gold Smuggling Bid at Delhi IGI Airport, Seizes 1 Kg Gold Concealed as Silver-Coated Armlets

Customs officers at the Indira Gandhi International (IGI) Airport, New Delhi, have busted an...

GST ITC Dispute Over ERP Software Must Be Decided on Proof of Utilisation, Not Just Bogus Supplier Allegation: Madras HC

The Madras High Court has held that Input Tax Credit (ITC) dispute over ERP...

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...

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...

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...

Can Buyers Bypass MSME Council and Invoke Arbitration Act Directly? Supreme Court Leaves Question Open

The Supreme Court has left unresolved a significant legal question concerning the interplay between...

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)...

Statutory GST Appeal Can’t Be Circumvented by Mere Natural Justice Allegations: Bombay HC

The Bombay High Court has reiterated that allegations of violation of natural justice, without...

GST ITC Dispute Over ERP Software Must Be Decided on Proof of Utilisation, Not Just Bogus Supplier Allegation: Madras HC

The Madras High Court has held that Input Tax Credit (ITC) dispute over ERP...

GST Search Without Sharing DIN Violates Transparency Safeguards, But Doesn’t Invalidate Search: Madras High Court

The Madurai Bench of the Madras High Court has held that while the Document...

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

Customs Foils Ingenious Gold Smuggling Bid at Delhi IGI Airport, Seizes 1 Kg Gold Concealed as Silver-Coated Armlets

Customs officers at the Indira Gandhi International (IGI) Airport, New Delhi, have busted an alleged gold smuggling attempt and seized approximately 1 kilogram of gold that was cleverly disguised as traditional armlets (Baajubands) and worn by two women passengers arriving from Istanbul.The operation was...

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

ITAT Order Annulling Time-Barred Assessment Where Only Tax Rate, Not Income, Was Altered Upheld: Delhi HC

The Delhi High Court has upheld the ITAT order annulling time-barred assessment where only...

ITAT Delivers Partial Relief to Actor Sonu Sood in Multi-Year Tax Dispute

The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has issued a consolidated...

Registered Sale Value, Stamp Duty Valuation Not Conclusive Proof Of Cash Payment In Property Deal: ITAT  

The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has held that the...

Your UPI And Credit Card Payments Are Under The Income Tax Lens: Here’s How

India’s fast-growing digital payments ecosystem is now increasingly becoming part of the Income Tax...

Mutual Fund Distributors Raise GST Compliance Concerns Amid Delay in Commission Payouts

Mutual fund distributors across India have raised concerns over growing GST compliance difficulties caused...

Mumbai Customs Airport Zone–III Seizes Hydroponic Weed Worth Rs. 19.81 Crores, Foreign Currency of USD 1 Lakh

The Mumbai Customs Zone–III (Airport) carried out multiple enforcement operations between 07.05.2026 and 08.05.2026,...

Who Is Required To Deduct TDS Under GST?

The Goods and Services Tax (GST) law mandates departments or establishments of central or...

LPG Subsidy Verification Tightens: Government Begins Sending SMS Notices Based on Income-Tax Records

The Central Government has reportedly begun sending text message alerts to LPG consumers regarding...

PM Modi Urges Citizens To Save Fuel, Avoid Gold Buying And Foreign Travel Amid Global Crisis

Prime Minister Narendra Modi has urged citizens to adopt restraint in fuel consumption, reduce...

Supreme Court Ruling Revives Scrutiny of Pre-2016 Benami Transactions; Retrospective Confiscation Powers Upheld

The Supreme Court has reignited nationwide scrutiny of old benami transactions by holding that...

JURISHOUR | TAX LAW DAILY BULLETIN : 10 May, 2026

Here’s the Tax Law Daily Bulletin for May 10, 2026.GSTSERVICES TO FOREIGN UNIVERSITIES NOT...

Madras HC Waives Requirement Of 10% Pre Deposit Of Penalty And Allow Appeals To Be Filed Without Pre-Deposit

The Madras High Court has waived requirement of 10% pre-deposit of penalty and allow...