Separate AC Supply and Installation Contracts Qualifies as Works Contract: CESTAT 

The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Hyderabad Bench, has held that separate AC supply and installation contracts still qualify as works...

Gross GST Collections Rise 8.1% to ₹1.83 Lakh Crore in February 2026; Net Revenue Up 7.9%

India’s Goods and Services Tax (GST) collections continued their upward trajectory in February 2026, with gross revenues witnessing robust year-on-year growth. As per the latest data released by the Ministry of Finance, total gross GST revenue for February 2026 stood at ₹1,83,609 crore, marking...

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...

Surety Liable Only Up to Sanctioned Loan Amount: SC

The Supreme Court has held that a surety is liable only to the extent...

Separate AC Supply and Installation Contracts Qualifies as Works Contract: CESTAT 

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

Freight on Explosives Deliveries Includible in Assessable Value: CESTAT

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

Penalty Can’t Be Levied On Axis Bank For Change In Accounting Policy: ITAT

The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) has quashed penalty proceedings...

Consolidated Notices Covering Multiple FY U/s 74 Are Impermissible Under CGST Act: Bombay HC

The Nagpur bench of Bombay High Court has held that consolidated notices covering multiple...

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...

ESOP, IT Support and Promotional Expenses Allowable as Business Deductions: ITAT

The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has partly allowed the...

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...

UP Police Bust Inter-State GST Fraud Network; 1,200 Bogus Firms Floated Across 20 States, 4 Arrested

In a major crackdown on tax evasion, the Uttar Pradesh Police have uncovered an...

Consolidated Notices Covering Multiple FY U/s 74 Are Impermissible Under CGST Act: Bombay HC

The Nagpur bench of Bombay High Court has held that consolidated notices covering multiple...

GSTAT Portal Undertaking Clause Modified After Representation by Marwar GST Appellate Tribunal Bar Association

In a procedural development concerning filings before the Goods and Services Tax Appellate Tribunal...

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

Separate AC Supply and Installation Contracts Qualifies as Works Contract: CESTAT 

The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Hyderabad Bench, has held that separate AC supply and installation contracts still qualify as works contracts.The Bench of Angad Prasad (Judicial Member) and  A.K. Jyotishi (Technical Member)  has observed that installation and commissioning activities involving...

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

Mere ITC Adjustment Under Wrong Head Doesn’t Justify Initiation Of Recovery Proceedings: Kerala High Court

The Kerala High Court has quashed an assessment order passed under Section 73 of...

Pending Appeal in Income Tax Assessment Dispute: Kerala High Court Stays Recovery Proceedings 

The Kerala High Court has directed that recovery proceedings initiated against an assessee under...

Supreme Court Upholds ITC Rights of Bona Fide Purchasers For Seller’s Default

The Supreme Court has upheld the rights to avail Input Tax Credit (ITC) of...

Daughter Had No Inheritance Right as Father Died Before 1956: Kerala High Court 

In a significant ruling interpreting pre-1956 Hindu inheritance laws, the Kerala High Court has...

Religious Conversion Of Hindus Into Christianity: Supreme Court Quashes Multiple FIRs

The Supreme Court while quashing the multiple FIRs registered at Fatehpur district of Uttar...

S. 270A Penalty Unsustainable Without Clear Identification of ‘Misreporting’: ITAT

The Mumbai Bench of Income Tax Appellant Tribunal (ITAT) has held that the penalty...

GSTN’s ‘Pending’ Credit Note Feature May Trigger ITC Confusion Between Suppliers and Recipients

The Goods and Services Tax Network (GSTN) has enabled the ‘pending’ credit note feature...

GSTN Issues FAQs on GSTR -9/9C for FY 2024-25

The Goods and Service Tax Network (GSTN) has issued the Frequently Asked Questions (FAQs)...

GSTN Introduces “Pending” Option for Credit Notes and declaration of Reversal amount in IMS

The Goods and Service Tax Network (GSTN) has introduced the "Pending" option for credit...

Temporary Pause in Business Doesn’t Mean Cessation, Non-Resident Firm Entitled to Income Tax Deductions: Supreme Court

The Supreme Court while clarifying the tax treatment of non-resident entities facing business interruptions,...

Update In CGST Officer Bribe Case: Nashik Commissioner Promises Fair Probe, New Officer, Zero-Tolerance Policy

In a significant development following a bribery and blackmail case involving a Superintendent of...

MCA Annual Return Filing Till 31st December 2025

The Ministry of Corporate Affairs has notified the relaxation of additional fees and extension...