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

Kerala High Court Orders Customs to Grant Refunds to Timber Importers; Rejects Higher Conversion Factor for Pre-2012 Imports

In a major relief to timber importers across Kerala, the High Court of Kerala...

Customs Foil Exotic Bird Smuggling at Kochi Airport; 11 Rare Birds Seized

The Customs officials at Cochin International Airport seized 11 rare and protected exotic bird...

S. 153D Approval Termed Mechanical Without Application of Mind ; ITAT Quashes Assessments

The Income Tax Appellate Tribunal (ITAT), Agra Bench, has quashed the assessments framed against...

ITAT Deletes Rs. 59.9 Lakh Additions, Grants Major Relief to Taxpayer in Cash Deposit, Gift, Capital Gains Case

The Income Tax Appellate Tribunal (ITAT), Delhi Bench, has provided significant relief to an...

FM Nirmala Sitharaman Rebuts Claim That GST Compensation Cess Was Used for Centre’s Debt Repayment

Union Finance Minister Nirmala Sitharaman firmly rejected allegations that the GST Compensation Cess collected...

Income Tax Refunds Face Delays; Professionals Seek Official Clarification

A growing number of taxpayers across the country are reporting prolonged delays in receiving...

Late Issuance Of Deficiency Memos—Can’t Be Used To Deny Or Limit Interest On GST ITC Refund: Delhi High Court

The Delhi High Court has held that late issuance of deficiency memos—can’t be used...

Karnataka HC Quashes GST Revision Order Passed After Audit Without Issuing SCN

The High Court of Karnataka has set aside a revision order passed by the...

GST Dept. Can’t Fill Old Wine In New Bottle:  P&H HC Quashes Reblocking Of ITC After Expiry Of 1 Year On Same Grounds

The Punjab and Haryana High Court has held that the GST Department cannot re-block...

Rent From Leasing Out Residential Premises Wouldn’t Be Exigible To GST: Karnataka HC Directs Dept. To Reconsider Refund Application

The Karnataka High Court while directing the Goods and Service Tax (GST) department to...

Active Role In Creation Of Bogus Firms, Clandestine Clearance Of Goods: Rajasthan HC Denies Bail in Multi-Crore GST Fraud Case

The Rajasthan High Court (Jaipur Bench) has denied bail to an accused, Narendra Choudhary...