Manufacturing Costs Of Other Items, Administrative Overheads Can’t Be Included In Production Cost For Valuation Of Goods Transferred To Sister Units: CESTAT

The Chennai Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has held that certain expenses such as costs related to manufacturing...

DGFT Operationalises Inter-Ministerial Group for Supply Chain Resilience Amid West Asia Conflict

The Directorate General of Foreign Trade (DGFT) has operationalised an inter-ministerial group for supply chain resilience amid West Asia conflict.In pursuance of the decision taken in the meeting held on March 02, 2026 under the Chairmanship of Special Secretary, Department of Commerce & DG,...

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...

Renting of Building for Hotel Use Not Taxable Under ‘Renting of Immovable Property’ Service: CESTAT Quashes Demand Against Rajinikanth 

The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Chennai Bench while quashing the...

Investments Made Beyond ITR Due Date: ITAT Allows S. 54 Exemption for Investment in Multiple Residential Properties 

The Delhi Bench of Income Tax Appellate Tribunal (ITAT) has held that for assessment...

Mere Investigation Reports, Abnormal Price Rise Can’t Render Genuine Stock Exchange Transactions As Sham: ITAT 

The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has held that mere...

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...

Scrap Value Generated During Manufacturing Can’t Be Added To Assessable Value Of Finished Goods: CESTAT

The Bangalore Bench of Customs, Excise and Service Tax Appellant Tribunal (CESTAT) has held...

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...

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...

CGST Assistant Commissioner Cited Judgements With Judge’s Names In Affidavit: Allahabad HC Reprimands Officer

The Allahabad High Court has reprimanded the CGST Assistant Commissioner for citing judgements with...

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

Manufacturing Costs Of Other Items, Administrative Overheads Can’t Be Included In Production Cost For Valuation Of Goods Transferred To Sister Units: CESTAT

The Chennai Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has held that certain expenses such as costs related to manufacturing of other items and administrative overheads cannot be included in the cost of production for valuation of goods transferred to...

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

Delhi Customs’ 24×7 New Courier Terminal Clears 83 Lakh+ Shipments in 3 Months

The New Courier Terminal (NCT) under the Air Cargo Complex (ACC) Export, Delhi Customs...

“Galat Kiya Toh Khair Nahi, Sahi Kiya Toh Koi Bair Nahi”: FM Nirmala Sitharaman Stresses Swift Disciplinary Action in CGST

Union Finance Minister Nirmala Sitharaman has emphasised that timely disciplinary action is essential to...

Taxpayers Flood X Urging CBDT to Notify ITR Due Date Extension After Gujarat High Court Direction

As the income tax filing deadline approaches, professionals and taxpayers across the country have...

Delhi Customs Intercepts Passenger Smuggling Gold at IGI Airport

Delhi Customs officials at Indira Gandhi International (IGI) Airport foiled a gold smuggling attempt...

Wildlife Smuggling Attempt: Bengaluru Customs Seizes Endangered Primates 

In a major enforcement action against wildlife trafficking, the Air Intelligence Unit (AIU) of...

GST Officers Should Be Polite and Supportive Towards Honest Taxpayers: FM Nirmala Sitharaman

Union Finance Minister Nirmala Sitharaman urged GST officers to maintain a polite and empathetic...

Thiruvananthapuram Customs Foils 7 Smuggling Attempts; Seizes Gold, Cigarettes, Luxury Watch

Customs officers of Thiruvananthapuram Zone successfully thwarted seven smuggling attempts during the past week,...

Exotic Wildlife Smuggling: Mumbai Customs Arrest Passenger 

The officers of the Airport Commissionerate, Mumbai Customs Zone–III, intercepted a passenger arriving from...

DRI dismantles narcotics manufacturing and distribution network in Delhi NCR

In one of its largest anti-narcotics crackdowns in recent years, the Directorate of Revenue...

Time of Supply Under GST

Understanding the concept of time of supply is essential for every business registered under...

Govt. May Allow CAs to Advertise Services

The government is likely to amend laws to allow Chartered Accountants (CAs) and their...

Payment for IT Infrastructure Not Taxable as Royalty Under Indo-Belgium DTAA: ITAT

The Income Tax Appellate Tribunal (ITAT), Pune Bench has held that amounts paid by...