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

Optional ‘Type Test Charges’ Not Includible in Assessable Value for Excise Duty: CESTAT

The Mumbai Bench of the Customs Excise and Service Tax Appellate Tribunal (CESTAT) has...

Job Work Manufacturing Can’t Be Taxed as ‘Renting of Immovable Property’: ITAT

The Customs, Excise and Service Tax Appellate Tribunal, Hyderabad Bench has held that manufacturing...

No Service Tax on Bareboat Charter of Dredgers Where Possession and Control Transferred: CESTAT

The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Chennai Bench, has held that...

No Addition If No Fresh Share Capital or Premium Received During Year: ITAT

The Income Tax Appellate Tribunal (ITAT), Mumbai Bench has held that no addition under...

Lease Rentals from SEZ IT Parks Taxable as Business Income: ITAT Allows Change of Head of Income in S. 153A Proceedings

The Income Tax Appellate Tribunal (ITAT), Mumbai Bench, has held that an assessee can...

Mere Admission of Undisclosed Income Without Explaining Source Attracts S. 271AAB(1)(c): ITAT Reduces Penalty to 30%

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

Software Expenses Not Capital Asset, Allowable as Revenue; Double Disallowance Cannot Lead to Taxation Twice: ITAT

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

CIC Order Directing Disclosure of Husband’s Income Tax Details Quashed: Delhi High Court

The Delhi High Court has set aside an order of the Central Information Commission...

GST Registration Cancellation Without Reasons Invalid: Gauhati High Court 

The Gauhati High Court has set aside a GST registration cancellation order on the...

S.74 SCN Lacked Date, Time, Or Venue For Personal Hearing: Punjab & Haryana HC Quashes Adjudication Order

The Punjab and Haryana High Court quashed an adjudication order on the ground that...

ITAT Remands Taxability Issue of Fees Regulating Authority; Keeps S. 10(46) Exemption Question Open Pending CBDT Notification

The Income Tax Appellate Tribunal (ITAT), Mumbai Bench, has set aside the assessment order...