JURISHOUR | TAX LAW DAILY BULLETIN : MARCH 3, 2026

Here’s the Tax Law Daily Bulletin for March 3, 2026.GSTGSTAT PORTAL UNDERTAKING CLAUSE MODIFIED AFTER REPRESENTATION BY MARWAR GST APPELLATE TRIBUNAL BAR ASSOCIATIONCONSOLIDATED NOTICES...

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...

JURISHOUR | TAX LAW DAILY BULLETIN : MARCH 3, 2026

Here’s the Tax Law Daily Bulletin for March 3, 2026.GSTGSTAT PORTAL UNDERTAKING CLAUSE MODIFIED...

Bangalore DRI | Retraction of Statement, Unverified Electronic Invoices Can’t Justify Customs Undervaluation Demand: CESTAT

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

Aircraft Imported For Passenger Services Can Be Used For Charter Services: CESTAT

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

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...

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...

Excise Duty Payable Once Electricity Generated Out Of Duty-Free Furnace Oil Moved From EOU To DTA unit: CESTAT

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

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

Bangalore DRI | Retraction of Statement, Unverified Electronic Invoices Can’t Justify Customs Undervaluation Demand: CESTAT

The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Chennai Bench has set aside the differential duty demand, holding that a retracted statement recorded under Section 108 of the Customs Act and unverified electronic invoices cannot form the sole basis for alleging undervaluation.The bench...

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

State’s Ban on New B.Pharma Colleges Quashed: Rajasthan High Court Terms Order Arbitrary, Without Legal Authority

The Rajasthan High Court has struck down the State Government’s April 26 order imposing...

Jharkhand HC Grants Bail To Person Accused Of GST Evasion Worth Rs. 31 Crores For Different FYs

The Jharkhand High Court has granted the bail to Avnish Jaiswal, person accused of...

Lokayukta Raids Revenue Inspector in Haveri; Assets Worth Over ₹1 Crore Unearthed

The Karnataka Lokayukta conducted a major raid in Haveri district uncovering assets worth over...

Bengaluru Airport Customs Seizes 370 kg of Hydroponic Weed, Arrests 57 Offenders Under NDPS Act

The Bengaluru Airport Customs has seized approximately 370 kilograms of high-grade hydroponic ganja and...

India’s Wholesale Inflation Inches Up to 0.13% in September on Costlier Manufactured Goods

India’s wholesale inflation, measured by the Wholesale Price Index (WPI), registered a marginal uptick...

Cigarettes Concealed In Mattresses Cargo: Delhi HC Upholds Penalty Against Salaried Employees Of CHA 

The Delhi High Court has upheld the penalty against salaried employees namely Shekhar and...

GST Fraud Involving Fake ITC of Rs. 10.64 Crore in Iron and Steel Scrap Trading Business: CGST, Chennai North Commissionerate arrests 2 persons 

The CGST, Chennai North Commissionerate arrested two persons for GST fraud involving fake ITC...

No Service Tax Payable By Centre for Entrepreneurship Development For Commercial Training Or Coaching : CESTAT

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

CA Accused Of Rs. 560-Crore Fake Billing Racket : Gujarat SGST Uncovers Rs. 112-Crore Tax Evasion

The Gujarat State Goods and Services Tax (SGST) department has unearthed a massive bogus...

Bombay High Court Quashes CESTAT’s Order Citing Huge Delay In Passing Order

The Bombay High court, Goa Bench has quashed the order passed by the Customs,...

GST 2.0 Reform Brings Relief to Homebuilders: Construction Material Costs to Drop 3–5% Across India

India’s real estate and construction sector is set for a major boost under the...

Technical Glitch Hits Income Tax Portal: Audit Report Filing under Section 44AB Fails

Tax professionals and chartered accountants across India faced hurdles today while uploading audit reports...