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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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....

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 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...

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...

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...

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...

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

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...

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...

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

Bona Fide Purchaser Can’t Be Denied ITC for Seller’s Default: Tripura High Court Reads Down S. 16(2)(c)

The Tripura High Court has held that a bona fide purchaser cannot be denied...

GST Payable On Affiliation Fees Collected by Universities: Madras High Court

The Madurai Bench of the Madras High Court has held that affiliation fees collected...

Mud Engineering And Chemical Supplies Form Composite Supply Under GST: Andhra Pradesh High Court

The Andhra Pradesh High Court has held that the supply of mud engineering services...

Supreme Court Notifies Guidelines for Designation of Senior Advocates, 2026

In a significant development concerning the legal fraternity, the Supreme Court of India has...

GST Assessment Order Passed Under Omitted S. 74 for AY 2025–26 Quashed: Madras HC

The Madurai Bench of Madras High Court has set aside a GST assessment order...

Mumbai Customs Busts Rare Antique Coin Smuggling Attempt from London

Officers of the Airport Commissionerate, Mumbai Customs Zone–III, have unearthed a unique modus operandi...

GST Portal Notice Alone Not Enough: Madras HC Insists on Alternate Service Despite RPAD Discontinuation From Sept 1, 2025

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

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...

Time Limit To File Statutory Appeal In Fraudulent ITC Availment : SC Refuses to Entertain Assessee’s Writ

The Supreme Court has refused to interfere with the Delhi High Court’s order dismissing...

Compensation Paid Towards Exchange Rate Fluctuation Loss Is Allowable Deduction: Madras High Court 

The Madras High Court has held that compensation paid towards exchange rate fluctuation loss...

Challenge to Income Tax Department’s Digital Search, Seizure Powers: Supreme Court

A writ petition filed by Advocate Pranjal Kishore questioning the constitutional validity of the...