Interest Earned on Loans Not Consideration for Service Tax: CESTAT

The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Chennai Bench, has held that interest earned on loans cannot be treated as consideration for...

Inland Vessels Amendment Rules 2026 Notified; Mandatory Navigation Equipment, New Visibility Rules, Tonnage Calculation Norms Introduced

The Ministry of Ports, Shipping and Waterways has notified the Inland Vessels (Safe Navigation, Communication & Signals) (First Amendment) Rules, 2026, introducing key changes related to navigation equipment requirements, restricted visibility operations, signalling standards and tonnage calculation for inland vessels.The amendments modify the Inland...

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...

Delhi High Court Revives Disciplinary Proceedings Against IRS Officer Sameer Wankhede

The Delhi High Court on Friday set aside a January 2026 order of the...

Interest Earned on Loans Not Consideration for Service Tax: CESTAT

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

Agricultural Income Return Insufficient to Prove ‘Agricultural Land’ In Absence Of Purchase Invoices Of Manure, Fertilizers: Supreme Court

The Supreme Court has held that mere agricultural income return insufficient to prove agricultural...

CBDT Expands Reporting Framework to Cover Crypto Assets and Digital Currency Accounts

The Central Board of Direct Taxes (CBDT) has expanded the reporting framework to cover...

JURISHOUR | TAX LAW DAILY BULLETIN : MARCH 5, 2026

Here’s the Tax Law Daily Bulletin for March 5, 2026.GSTCGST ASSISTANT COMMISSIONER CITED JUDGEMENTS...

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...

Centre Notifies New Recruitment Rules for Assistant Director (Official Language) in ED

The Central Government has notified new recruitment rules for the post of Assistant Director...

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...

Marwar GSTAT Bar Association Flags Issues in GSTAT Portal Appeal Filing, Seeks Reconsideration of Rule 21

The Marwar GST Appellate Tribunal Bar Association has submitted a formal representation to the...

Rs. 27 Crore GST Demand Against Dell Stayed Over Alleged Jurisdictional Error: Allahabad High Court  

The Allahabad High Court stayed the operation of a GST demand order issued against...

GST Payable Over and Above Tender Amount: Kerala High Court Quashes Recovery From Contractor

The Kerala High Court has held that GST is payable over and above the...

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

Interest Earned on Loans Not Consideration for Service Tax: CESTAT

The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Chennai Bench, has held that interest earned on loans cannot be treated as consideration for taxable services and therefore cannot be categorized as an “exempt service” for the purpose of reversal of Cenvat credit. The bench...

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

IRCTC To Pay Rs. 25K Compensation for Serving Veg Biryani with Dead Worm: DCDRC

The Commission directed IRCTC to pay ₹25,000 as compensation to the aggrieved passenger for...

Illegal Pakistani-Origin Dry Dates Import: Supreme Court Stays Bombay HC’s Deadline for DRI Probe 

The Supreme Court of India has put on hold the stringent timeline set by...

Second Hand Digital Machines Import Doesn’t Require Environment Ministry Approval: Madras High Court Directs Provisional Release

The Madras High Court has directed the Customs Department in Chennai to grant provisional...

Bombay HC Denies Vedanta’s Claim for C-Form on Diesel Used Beyond Mining; Directs Reconsideration in Sesa Goa Case

The Bombay High Court at Goa has refused to grant Vedanta Limited the benefit...

Supreme Court Upholds Quashes Rs. 125 Crore Service Tax Demand Against Airtel Over ‘Call Free Allowance’

In a major relief to Bharti Airtel, the Supreme Court has upheld the order...

CESTAT Quashes Rs. 21.85 Crore Customs Duty Demand on Triumph Motorcycles India

The Customs, Excise & Service Tax Appellate Tribunal (CESTAT), Principal Bench, New Delhi, has...

Fixed Return Filing Deadlines: A Persistent Problem and Its Solution

Every taxpayer is required to file their income tax return (ITR) within the due...

Delhi HC Sentences Businessman For Intimidating Court-Appointed Commissioner With Air Gun

The Delhi High Court has sentenced businessman, Nitin Bansal to one month of simple...

GST Refund Can’t Be Denied on Limitation When Tax Was Paid by Mistake on Exempt Residential Renting: Andhra Pradesh HC

The Andhra Pradesh High Court while quashing the defect memos, held that the GST...

ICAI Declares CA September 2025 Results for Foundation, Intermediate, and Final Exams: Check Scores

The Institute of Chartered Accountants of India (ICAI) has officially declared the results for...

Maintenance Charges on Flow Meters Not Part of Composite Supply; Attract 18% GST: AAR

The Andhra Pradesh Authority for Advance Ruling (AAR) has held that the maintenance charges...

No Revision of Customs Entry Required Where Separate Procedure Already Exists for Reversal of Incentive Benefits: CBIC

The Central Board of Indirect Taxes and Customs (CBIC) clarified that customs entries will...