Case Compilation
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...
Notification
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 The new instructions superseded the earlier circular dated January 7, 2022, and established a...
Other Laws
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...
Other Laws
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...
Case Compilation
JURISHOUR | TAX LAW DAILY BULLETIN : 12 JULY, 2026
Here’s the Tax Law Daily Bulletin for July 12, 2026.GSTWHETHER TRANSFER OF LEASEHOLD RIGHTS...
GST
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...
GST
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)...
GST
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...
Live Updates
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...
Money Hacks
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...
Money Hacks
Gold & Silver Prices Fluctuate; Check Latest Rates Before Buying
Individuals planning to purchase gold or silver may want to take note of the...
GST
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
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...
CCI
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...
CCI
Markets Trade Flat Ahead of Union Budget 2026-27
Equity benchmark indices traded in a narrow range on Sunday morning as investors remained...
CCI
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
CCI Approves Acquisition Of Jaiprakash Associates By Vedanta
The Proposed Combination envisages acquisition of Jaiprakash Associates Limited (JAL) by Vedanta Limited (Acquirer)...
GST
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...
GST
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...
GST
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...
Direct Tax
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’...
Direct 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...
Direct Tax
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...
Direct Tax
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...
Direct Tax
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...
Direct Tax
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
Indirect Taxes
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...
International Taxation
U.S. Court Clarifies “Processing Operation”: Marketability Transformation Test Shows MOOWR ‘Other Operations’ Not Limited to Manufacturers
The Arizona Supreme Court has held that machinery used in an industrial healthcare textile...
International Taxation
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...
Live Updates
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...
Live Updates
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
Columns
Coupon Rate vs Bond Yield: Understanding the Difference That Can Make or Break Your Bond Investment
As retail participation in India's bond market continues to rise through online bond platforms...
Other Laws
Pakistan Deputy PM Ishaq Dar Faces Political Heat After Grandson’s Arrest in Lahore Gang Rape Case
Pakistan's Deputy Prime Minister and Foreign Minister, Ishaq Dar, has come under intense political...
Columns
National Commission for Men Demand Rekindled After Ketan Agarwal Murder Case: Should India Create a Statutory Body for Men’s Rights?
The demand for establishing a National Commission for Men (NCM) has once again entered...
Money Hacks
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...
Notification
EPFO Revamps Unified Member Portal: UAN Activation Shifts to UMANG App with Aadhaar Face Authentication
The Employees' Provident Fund Organisation (EPFO) has restored its Unified Member Portal after completing...
GST
Mizoram Cracks Down on Fake GST Registrations Using Forged Documents and Unauthorized Property Details
The Mizoram Government has launched a statewide crackdown on fraudulent Goods and Services Tax...
Columns
GST TDS vs RCM on Scrap Purchase: Registered and Unregistered Dealer Rules Explained
The GST framework governing metal scrap transactions has undergone a significant change with the...
Money Hacks
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...
Notification
CBDT Notifies TDS Exemption on Aircraft Lease Rentals Paid to IFSC Units Under Income-tax Act, 2025
In a relief aimed at promoting aircraft leasing activities through India's International Financial Services...
Notification
India Notifies Rules of Origin for India–UK Free Trade Agreement; New Customs Framework Effective from July 15
The Central Government has notified the Customs (Administration of Rules of Origin under the...
Notification
ICAI Proposes Higher Stipend for CA Articles in Draft Amendment to Chartered Accountants Regulations, 2026
The Institute of Chartered Accountants of India (ICAI) has proposed a significant increase in...
Columns
Filing GST Appeal? Here’s What You need to Know | 2026
Receiving a GST demand order, penalty order, refund rejection, registration cancellation or any other...