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...

Mere Uncorroborated Statement During Search Can’t Justify Presumption of Capitation Fee Collection: Madras High Court

The Madras High Court has dismissed a batch of tax appeals filed by the...

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

Supreme Court Pulls Up Siliguri CGST Commissioner for Defying Orders on Release of Seized Areca Nuts; Directs Personal Appearance

The Supreme Court has pulled up Siliguri CGST Commissioner for defying orders on release...

Patiala House Court Rejects Bail Plea of Accused in Rs. 1,306-Crore CGST Evasion Case; Grants 7-Day Custody Remand to Department

The Patiala House Court has dismissed the bail application of accused Kapil Kumar and...

Extended Limitation Can’t Be Invoked Merely for Classification Dispute: CESTAT Rules in Favour of E-Rickshaw Parts Importer

The Delhi Bench of Customs, Excise & Service Tax Appellate Tribunal (CESTAT) while ruling...

Unreliable Identification, Serious Lapses in Trial Process: Supreme Court Acquits Man After 15 Years in Jail

In a landmark decision reinforcing the principles of a fair criminal trial, the Supreme...

SC Quashes Dacoity Charge After Finding No Intent to Steal and Full Settlement Between Parties

The Supreme Court has ruled that prosecution for dacoity cannot continue when the allegations...

3 AM Special Hearing: ED Gets Late-Night Remand of OSBPL Promoter in PMAY Money Laundering Case After 

In an extraordinary pre-dawn proceeding, Patiala House Courts' Additional Sessions Judge Shefali Barnala Tandon...

Pendency of Writ Petition Can’t Be Used to Bypass Alternative Statutory Remedies: Supreme Court

In a significant ruling reinforcing the primacy of time-bound alternative statutory remedies, the Supreme...

Calcutta High Court Denies Bail To Concast Steel MD Involved In Rs. 6,210-Crore Money Laundering Case

The Calcutta High Court has refused to grant bail to industrialist Sanjay Surekha @...

Taxmann Publication Misprint: Bombay HC Condones 509-Day Delay, Says Error in “Renowned” Bare Act Can’t Penalise Assessee 

The Bombay High Court has condoned the delay of 509 Days after Taxmann Publications’s...

Chinese-Origin Firecrackers Smuggling: DRI Seizes Rs. 5 Crore Consignment at Mundra Port

In a significant breakthrough in its ongoing nationwide crackdown on the illicit import of...

Allahabad High Court Grants Bail in ₹99-Crore GST Evasion Case, Citing Long Incarceration and Documentary Nature of Evidence

The Allahabad High Court has granted bail to an accused alleged to have committed...

E-Way Bill Expired Due to Driver’s Illness: Allahabad HC Quashes Rs. 9.29 Lakh GST Penalty 

The Allahabad High Court has quashed the penalty of Rs. 9.29 Lakhs as the...