JURISHOUR | TAX LAW DAILY BULLETIN : 27 July, 2026

Here’s the Tax Law Daily Bulletin for July 27, 2026.GSTDEPB Licences Are ‘Goods’ but Not Eligible ITC Under TNVAT: Madras High CourtGST Dept. Can’t...

GSTAT Bar Association Seeks Urgent Procedural Clarifications on Appeal Filing, Defect Removal and Cross-Objections Before Jodhpur Bench

The newly constituted Marwar GST Appellate Tribunal Bar Association has written to the Registrar of the Goods and Services Tax Appellate Tribunal (GSTAT), Jodhpur Bench, seeking comprehensive procedural clarifications on several aspects of GST appeals. The representation comes ahead of the commencement of hearings before...

PM Modi Announces Fast-Track Courts for  NEET-UG Exam Paper Leak Cases

Prime Minister Narendra Modi on Thursday announced that the Union Government will establish fast-track...

No Motor Accident Compensation Without Proven Link Between Death and Use of Vehicle: Supreme Court

The Supreme Court has held that compensation under the Motor Vehicles Act cannot be...

JURISHOUR | TAX LAW DAILY BULLETIN : 27 July, 2026

Here’s the Tax Law Daily Bulletin for July 27, 2026.GSTDEPB Licences Are ‘Goods’ but...

IBC Moratorium Doesn’t Shield Directors from Consumer Proceedings: Supreme Court Revives Homebuyers’ Complaint

The Supreme Court has clarified that the moratorium imposed under Section 14 of the...

Courts Can’t Ignore S. 45 Twin Conditions in Money Laundering Cases: Calcutta High Court Cancels PMLA Bail

The Calcutta High Court has cancelled the regular bail granted to an accused in...

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...

Courts Can’t Impose Impractical Conditions That Frustrate Investigation: Supreme Court Relaxes Police Custody Restrictions

The Supreme Court has held that while safeguards against custodial abuse are essential, courts...

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)...

DEPB Licences Are ‘Goods’ but Not Eligible ITC Under TNVAT: Madras High Court

The Madras High Court has reaffirmed that while Duty Entitlement Passbook (DEPB) licences qualify...

GST Dept. Can’t Attach Bank Accounts of Independent Firms to Recover Another Company’s Tax Dues: Madras High Court

The Madras High Court has held that the GST Department cannot invoke recovery provisions...

Arrest Can’t Be Routine Without Need for Custodial Interrogation: Telangana High Court Grants Anticipatory Bail in Rs. 95 Crore Fake ITC Case

The Telangana High Court has reiterated that the power to arrest under the Central...

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

Revenue Neutrality Must Be Proven with Evidence, Not Assumptions: Madras High Court Restores Rs. 20.37 Crore Excise Demand

The Madras High Court has held that an assessee cannot escape excise duty merely by claiming that the transaction was revenue neutral without substantiating the availability of CENVAT credit. Setting aside the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) order, the Court restored...

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

Supplier’s Subsequent Cancellation Alone Can’t Justify Credit Reversal: Madras High Court Quashes GST ITC Demand

The Madras High Court has held that the mere cancellation of a supplier's GST...

ITAT Clubs 26 Black Money Act Appeals for Joint Hearing to Settle Common Jurisdictional Issues

The Income Tax Appellate Tribunal (ITAT), Bangalore Benches, has ordered the consolidation of 26...

Calcutta High Court Stays GST Demand After Finding Jurisdictional Conflict, S. 73/74 Mismatch in SCN

The Calcutta High Court has granted interim protection to a registered taxpayer by staying...

Calcutta High Court Directs GSTAT to Conclude Anti-Profiteering Proceedings by August 31 After DGAP Finds No Profiteering

The Calcutta High Court has directed the Goods and Services Tax Appellate Tribunal (GSTAT)...

Whether MRP Billing Amounts to Tax Collection U/s 76? Calcutta High Court Stays GST Demand on Inpatient Medicine Bills

The Calcutta High Court has granted interim protection in a dispute involving the taxation...

Delhi High Court Quashes GST Special Audit, DRC-01 After Dept. Misses Statutory Deadline U/s 73

The Delhi High Court has quashed both a GST special audit communication and the...

Whether Intent to Evade Tax Is Necessary for Penalty? Supreme Court Issues Notice in E-Way Bill Penalty Dispute Over Wrong Destination Address

The Supreme Court has issued notice in a Special Leave Petition (SLP) challenging a...

20.76 Kg Hydroponic Weed Seized at Delhi IGI Airport; Bangkok Passenger Arrested Under NDPS Act

Customs officers at the Air Intelligence Unit (AIU), Indira Gandhi International (IGI) Airport, New...

Assessee Can’t Seek Lower VAT During Reassessment Without Filing Revised Return: Karnataka High Court

The Karnataka High Court has ruled that an assessee cannot claim the benefit of...

Market Price Must Prevail Over Cost-Based Valuation for Partial Captive Consumption: CESTAT Upholds Excise Demand on Sister-Unit Transfers

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

Genuine Purchaser Can’t Be Denied ITC Without Proof of Fraud: Supreme Court Dismisses State GST Dept’s SLP

The Supreme Court has dismissed the Special Leave Petition (SLP) filed by the Uttar...

Delayed FIR Weakens Prosecution at Bail Stage, Bombay Court Grants Bail in Rs. 1.25 Crore Jewellery Dispute

A Special Court in Mumbai has granted bail to a jeweller accused of criminal...