Duty Of Appellate Authority To Look Into Explanations Given By Assessee: Calcutta HC

The Calcutta High Court has held that it is the duty of appellate authority to look into explanations given by assessee.The bench of Justice...

Govt. Expands Export Promotion Mission with 7 New Interventions To Benefit MSME

The Government has expanded the Export Promotion Mission (EPM) with the launch of seven additional interventions, taking the total number of operational measures under the Mission to ten. With a financial outlay of Rs. 25,060 crore for the period FY 2025–26 to FY 2030–31, the...

Landowners Not Jointly Liable for Delay Compensation When Construction Obligation Lies Solely with Developer: Supreme Court

The Supreme Court has held that landowners cannot be held jointly and severally liable...

Murder Conviction Can’t Be Sustained Solely on Circumstantial Evidence and S. 27 Recovery: Supreme Court

The Supreme Court of India has upheld the conviction in the murder case affirming...

Duty Of Appellate Authority To Look Into Explanations Given By Assessee: Calcutta HC

The Calcutta High Court has held that it is the duty of appellate authority...

Overlapping Pay Benefits Under 2006 Rules Must Be Deducted from Motor Accident Compensation: Supreme Court

The Supreme Court of India has held that financial assistance received under the Haryana...

IBC Overrides Defunct Companies Act Scheme: SC Restores CIRP Against Corporate Debtor

The Supreme Court has held that a long-pending and procedurally non-compliant Scheme of Arrangement...

DGFT Exempts ITC HS Chapters 01–24 from Reduced RoDTEP Rates Notified on February 23

The Directorate General of Foreign Trade (DGFT) has issued a corrigendum clarifying that the...

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...

Invest in Copper ETF with Rs. 10 Only

Copper has emerged as a strategically important metal in the global economy due to...

Why Silver Prices Are Skyrocketing — And How China’s Export Policy Is Reshaping the Global Market?

Silver prices have surged to multi-year and near-record highs in 2025, significantly outperforming gold...

JURISHOUR | TAX LAW DAILY BULLETIN : FEBRUARY 24, 2026

Here’s the Tax Law Daily Bulletin for February 24, 2026.GSTMERITS MUST PREVAIL OVER TECHNICAL...

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...

Duty Of Appellate Authority To Look Into Explanations Given By Assessee: Calcutta HC

The Calcutta High Court has held that it is the duty of appellate authority...

18% GST On Paper Bags: AAR

The Rajasthan Authority of Advance Ruling (AAR) has ruled that  paper bags are appropriately...

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

BPCL Hit with Rs. 1,816 Crore Excise Demand, To Challenge Order Before CESTAT

State-owned oil marketing major Bharat Petroleum Corporation Limited (BPCL) has been slapped with a massive tax demand of ₹1,816.65 crore by the Commissioner of Central Tax and Central Excise, Kochi, the company disclosed in a regulatory filing to the BSE Limited on Monday.The order,...

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...

China Permits 44 Companies To Export Silver For 2026–27

According to a statement issued by China’s Ministry of Commerce on Tuesday, a total...

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

ITAT Quashes Rs. 31.65 Lakh Penalty for Defective Notice U/s 271(1)(c)

The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has quashed a penalty...

BPCL Hit with Rs. 1,816 Crore Excise Demand, To Challenge Order Before CESTAT

State-owned oil marketing major Bharat Petroleum Corporation Limited (BPCL) has been slapped with a...

CERSAI-Registered Secured Creditor Has Priority Over MVAT Dues: Bombay High Court Quashes Tax Attachment on Auctioned Property

The Bombay High Court has held that a security interest registered with Central Registry...

VCES Declaration Of BIS Can’t Be Rejected When Pre- and Post-2012 Service Tax Regimes Involve Different ‘Issues’: CESTAT

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

Missing Original Invoices Or Address Can’t Justify Denial of CENVAT Credit: CESTAT

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

Customs Dept. Can’t Reject Declared Transaction Value Solely on DRI Alert Without Complying With R. 12: CESTAT

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

US Passport Holder Booked at IGI Airport for Alleged Smuggling of Gold, Luxury Watches, Foreign Currency 

The Customs Department at Indira Gandhi International Airport (IGI Airport) has booked a case...

Induction of Third Member to CBIC Likely Only in April; 1993 Batch IRS Officer in Contention

Speculation is rife within North Block that the appointment of a third Member to...

GST Prohibition, Seizure Orders Quashed For Want Of Confiscation Proceedings U/s 67(2): Madras HC

The Madras High Court has set aside prohibition and seizure orders issued against M/s....

Work Allocation Reshuffled Under DGST & DVAT Powers: Delhi Trade and Taxes Dept. Issues Fresh Administrative Order

The Government of National Capital Territory of Delhi, through its Department of Trade and...

No Writ to Stop Vessel Entry Over Disputed Import: Delhi High Court

The Delhi High Court has dismissed a writ petition seeking urgent directions to restrain...

Green Channel Violation Not Equal to Smuggling: Delhi HC Upholds Gold Redemption

The Delhi High Court has dismissed a writ petition filed by the Commissioner of...