Software Value Can’t Be Added To Hardware Value For Determining Assessable Value Of Imported Diamond Cutting, Scanning Machines: CESTAT

The Mumbai Bench of Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has held that the value of software cannot be added to the...

CA Final Examinations | ICAI Issues Detailed Eligibility Guidelines for May 2026 

The Institute of Chartered Accountants of India (ICAI) has released a comprehensive notification outlining the requirements and eligibility conditions for candidates intending to appear in the May 2026 CA Final examinations. The announcement directs students to ensure strict compliance with registration, conversion, articleship, and...

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...

Software Value Can’t Be Added To Hardware Value For Determining Assessable Value Of Imported Diamond Cutting, Scanning Machines: CESTAT

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

Constitution (Amendment) Bill, 2026 Proposes SC Regional Benches, Judicial Diversity, Caste-Based Census By States And Much More

DMK Rajya Sabha MP and Senior Advocate P. Wilson introduced the Constitution (Amendment) Bill,...

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...

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...

Excess Reversal of CENVAT Credit on Inter-Unit Transfers Not Illegal: CESTAT

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

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

Software Value Can’t Be Added To Hardware Value For Determining Assessable Value Of Imported Diamond Cutting, Scanning Machines: CESTAT

The Mumbai Bench of Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has held that the value of software cannot be added to the value of hardware for determining the assessable value of imported diamond cutting and scanning machines.The Bench of Dr. Suvendu Kumar...

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

GST Annual Return Simplified: New Column Added in GSTR-9 to Resolve Tax Reconciliation Issues

In a significant move aimed at improving the accuracy and transparency of annual return...

Imported Dumpers Not Pre-Assembled Vehicles: CESTAT Quashes Rs. 155 Crore Customs Duty Demand Against Coal India, GMMCO

The Customs, Excise and Service Tax Appellate Tribunal (CESTAT) Mumbai has set aside major...

Sameer Wankhede Promotion: Delhi HC Dismisses Dept’s Review;  Imposes Rs. 20k Cost Citing Concealment

The Delhi High Court has dismissed the Review Petition filed by the Union of...

Delhi High Court Fines Rs. 10,000 for Delay in Filing Appeal in Foreign Currency Seizure Case

The Delhi High Court has granted relief to a petitioner seeking to challenge a...

DGGI Can’t Issue Consolidated SCN For Multiple AYs: Bombay HC

The Bombay High Court, Goa Bench has held that the Directorate General of GST...

Pakistan Origin Dry Dates Routed Via UAE To Evade 200% Customs Duty : Court Grants Anticipatory Bail To Importers

The Mumbai Court has granted anticipatory bail to 4 importers namely Ashish Ramesh Chandruwa, Dipika...

Bombay High Court Stays DGFT Notification Reclassifying Roasted Areca Nuts

In a significant relief to importers of roasted areca nuts, the Bombay High Court...

DGFT Notifies Import Policy on Areca Nuts: Minimum Import Price Fixed at Rs. 351 per Kg

The Directorate of Foreign Trade (DGFT) has amended the import policy for Areca Nuts...

How much does a CBI officer earn? 

Entry-level CBI Sub-Inspector (recruited via SSC CGL) is placed on Pay Level 7 of...

Leasing Out Of Premises To Educational Institution For Imparting Higher Education Attracts GST: AAR

The Tamil Nadu Authority of Advance Ruling (AAR) has ruled that leasing out of...

Minimum Guaranteed off-take charges Is In The nature of Liquidated Damages, No GST Payable: AAR

The Tamil Nadu Authority of Advance Ruling (AAR) has ruled that Minimum Guaranteed Off-take...

Fly Ash Bricks Are Not Eligible For Exemption Or Reduced GST Rate: AAR

The Tamil Nadu Authority of Advance Ruling (AAR) has ruled that fly ash bricks...