Indirect Taxes
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 that scrap value generated during manufacturing cannot be added to...
Notification
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,...
Other Laws
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...
Other Laws
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...
Indirect Taxes
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...
Indirect Taxes
Tea Blending, Packing Services Exempted From Service Tax As ‘Agricultural Produce’: CESTAT
The Bangalore Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has...
Direct Tax
Documentary Evidence Overrides ‘Human Probabilities’ in Rs. 27.20 Crore Purchase Dispute: ITAT
The Delhi Bench of Income Tax Appellate Tribunal (ITAT) has held that documentary evidence...
Direct Tax
ITAT Quashes Search Assessments Over Mechanical S. 153D Approval for Each AY
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has quashed assessments framed...
Live Updates
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...
Columns
RBI Tightens Bank Lending Norms for Stock Brokers
In a major regulatory move, the Reserve Bank of India (RBI) has unveiled a...
Money Hacks
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...
Direct Tax
Investments Made Beyond ITR Due Date: ITAT Allows S. 54 Exemption for Investment in Multiple Residential PropertiesÂ
The Delhi Bench of Income Tax Appellate Tribunal (ITAT) has held that for assessment...
CCI | GST | Direct Tax
CCI
CCI Approves Acquisition Of Jaiprakash Associates By VedantaÂ
The Proposed Combination envisages acquisition of Jaiprakash Associates Limited (JAL) by Vedanta Limited (Acquirer)...
CCI
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...
CCI
Mandatory Condition Of Prima Facie Anti-Competitive Agreements, Abuse Of Dominant Position Absent, CCI Can’t Direct Investigation: Gauhati High Court
The Gauhati High Court has held that the decision of the Competition Commission of...
CCI
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...
CCI
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
Rs. 27 Crore GST Demand Against Dell Stayed Over Alleged Jurisdictional Error: Allahabad High Court Â
The Allahabad High Court stayed the operation of a GST demand order issued against...
GST
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...
GST
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...
Direct Tax
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’...
Direct 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...
Direct Tax
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...
Direct Tax
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...
Direct Tax
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...
Direct Tax
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
Indirect Taxes
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 that scrap value generated during manufacturing cannot be added to the assessable value of finished goods.The bench of P.A. Augustian (Judicial Member) and R. Bhagya Devi (Technical Member) has observed...
International Taxation
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...
International Taxation
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...
Live Updates
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 Updates
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
GST
Invoice Not Enough, Must Prove Goods Moved For ITC: Supreme Court
The Supreme Court has held that purchasing dealers must conclusively prove the genuineness of...
Other Laws
Sale of Property During Pendency of Suit Invalid: Supreme Court
The Supreme Court has reaffirmed that any transfer of property made during the pendency...
GST
No Time Limit On Refund Of Mistaken GST Payment: AP HC
The Andhra Pradesh High Court while setting aside defect memos issued by the GST...
Direct Tax
If Your Overseas Investment Is Integral To Your Business Strategy, Losses Can Be Claimed As Business Expenditure: ITAT
The Income Tax Appellate Tribunal (ITAT), Pune Bench while setting a precedent that If...
GST
ICAI Releases 2nd Edition of ‘Handbook on Input Service Distributor under GST’
The Institute of Chartered Accountants of India (ICAI), through its GST & Indirect Taxes...
GST
Allahabad High Court Quashes GST Registration Cancellation Order Against Real Estate Co.
The Allahabad High Court has set aside the cancellation of GST registration of M/s...
Indirect Taxes
Areca Nut Not Not ‘Prohibited’ as Notification Stayed: Madras HC Orders Provisional Release of Seized ConsignmentsÂ
The Madras High Court has directed the provisional release of 17 consignments of roasted...
GST
Madras HC Quashes Customs Public Notice Restricting GST Collection by CFS For Auctioned Cargo
The Madras High Court has quashed a Public Notice issued by the Customs Department...
Notification
MeitY Proposes Mandatory Labelling, Traceability for AI Generated Content in Draft IT Rules Amendments
The Ministry of Electronics and Information Technology (MeitY) has released draft amendments to the...
Notification
Social Media Platforms Must Act On Unlawful Content Within 36 Hours of Govt or Court Notice [READ NOTIFICATION]
The Ministry of Electronics and Information Technology (MeitY) has issued the Information Technology (Intermediary...
Notification
CBDT Issues Search and Seizure Manual 2025
The Central Board of Direct Taxes (CBDT) has introduced the revised Search and Seizure...
Notification
ICAI to Announce CA September 2025 Exam Results Soon: CHECK DATE
The Institute of Chartered Accountants of India (ICAI) is expected to declare the results...