R. 6(3) Option Can’t Be Forced on Taxpayer; CESTAT Quashes Rs. 12.36 Crore CENVAT Credit Demand

The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), New Delhi, has held that the tax department cannot compel an assessee to adopt a...

Court Fees Law to Change From July 8, 2026 as Centre Notifies Jan Vishwas Act Amendments

In a significant step towards implementing the reforms introduced under the Jan Vishwas (Amendment of Provisions) Act, 2026, the Central Government has notified July 8, 2026 as the date from which amendments relating to the Court-fees Act, 1870 will come into effect. The notification...

Supreme Court Treats Mason’s Disability as 100% Functional Disability, Enhances Compensation to Over ₹40 Lakh

The Supreme Court has held that the impact of an injury on a victim’s...

Supreme Court Reduces Sentence in Forged Land Record Case

The Supreme Court has reduced the sentence of a man convicted for using a...

R. 6(3) Option Can’t Be Forced on Taxpayer; CESTAT Quashes Rs. 12.36 Crore CENVAT Credit Demand

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

CESTAT Quashes ₹2.31 Crore Service Tax Demand on Legal Services

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

ICAI Releases Revised Handbook on Job Work Under GST [DOWNLOAD NOW]

The Institute of Chartered Accountants of India (ICAI), through its GST & Indirect Taxes...

Court Can’t Direct Extension GST Return Deadlines or Waive Interest and Penalties: Karnataka High Court

The Karnataka High Court has held that courts cannot direct GST authorities to permit...

GSTAT Outreach Programme Draws Strong Response in Jaipur; Tax Professionals Seek Extension of Appeal Filing Deadline

The Jaipur Tax Bar Association (JTBA), in collaboration with the Goods and Services Tax Appellate Tribunal (GSTAT), Jaipur Bench, successfully organized a GSTAT Outreach...

Jio IPO: 10 Unique Features Every Investor Must Know Before Investing

The proposed IPO of Jio Platforms is shaping up to be one of the...

Jewellery Stocks Rally as Govt. Cuts Gold, Silver Import Prices

Shares of jewellery companies witnessed a strong rally after the Centre reduced the base...

ICAI Releases Revised Handbook on Finalisation of Accounts with GST Perspective [DOWNLOAD NOW]

The Institute of Chartered Accountants of India (ICAI) has released the revised edition of...

CCI | GST | Direct Tax

CCI’s Power To Examine Substance Of Amazon–Future Deal, But Quashes Directions And Penalties: Supreme Court

The Supreme Court in the long-running dispute arising out of Amazon’s investment in Future...

ICAI Removes CA from Register for 1 Year Following Delhi HC Order

The Institute of Chartered Accountants of India (ICAI) has formally removed a Chartered Accountant...

Markets Trade Flat Ahead of Union Budget 2026-27

Equity benchmark indices traded in a narrow range on Sunday morning as investors remained...

Bomb Threat In Tis Hazari and Saket Court In Delhi

Multiple district court complexes in Delhi were placed on high alert Tuesday morning following...

CCI Approves Acquisition Of Jaiprakash Associates By Vedanta 

The Proposed Combination envisages acquisition of Jaiprakash Associates Limited (JAL) by Vedanta Limited (Acquirer)...

ICAI Releases Revised Handbook on Finalisation of Accounts with GST Perspective [DOWNLOAD NOW]

The Institute of Chartered Accountants of India (ICAI) has released the revised edition of...

Court Can’t Direct Extension GST Return Deadlines or Waive Interest and Penalties: Karnataka High Court

The Karnataka High Court has held that courts cannot direct GST authorities to permit...

GST Notifications Can’t Go Beyond GST Council Recommendations: Madras High Court Quashes SCN on Branded Pulses

The Madurai Bench of the Madras High Court has held that statutory notifications issued...

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

R. 6(3) Option Can’t Be Forced on Taxpayer; CESTAT Quashes Rs. 12.36 Crore CENVAT Credit Demand

The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), New Delhi, has held that the tax department cannot compel an assessee to adopt a particular option under Rule 6(3) for reversal of CENVAT credit. Setting aside a demand exceeding ₹12.36 crore, the Tribunal ruled...

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...

GSTAT Outreach Programme Draws Strong Response in Jaipur; Tax Professionals Seek Extension of Appeal Filing Deadline

The Jaipur Tax Bar Association (JTBA), in collaboration with the Goods and Services Tax...

JurisHour Exclusive Live Coverage Of Budget for FY 2026–27

Finance Minister Nirmala Sitharaman arrived at Kartavya Bhawan at the Finance Ministry on Saturday,...

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Bombay HC Restrains Auction of Arrested Vessel Amid Dispute Involving IBC, Admiralty Law, Customs Proceedings

The Bombay High Court has restrained auction of arrested vessels amid dispute involving Insolvency...

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Trichy Customs Seizes Cigarettes and Electronic Goods Worth Rs. 22.67 Lakh from Dubai Passengers

The officers of the Customs Intelligence Unit (CIU) under the Trichy Customs (Preventive) Commissionerate...

Recruitment Rule Violation Alone Can’t Void Appointments If Employees Are Not at Fault: Supreme Court

The Supreme Court has held that a violation of a recruitment rule does not...

RBI Revises FEMA Rules for NRI, OCI Investments and Internationally Listed Indian Shares

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Property Rights Can’t Be Denied on Technical Plea of Constructive Res Judicata: Supreme Court

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Flying to India? Know New Duty-Free Baggage Allowance and Alcohol Carrying Rules Under Baggage Rules, 2026

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Criminal Case Against Widow Can’t Automatically Block Son’s Compassionate Appointment: Supreme Court

The Supreme Court examined the scope of the Haryana Civil Services (Compassionate Financial Assistance...

Falling Tree Branch Not Motor Accident, Yet Victim Awarded ₹25 Lakh Compensation: Supreme Court

The Supreme Court has ruled that injuries caused by a falling roadside tree branch...