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

Selling Dealer Is Responsible To Pay Tax Not The Buyer: Supreme Court

The Supreme Court has held that the selling dealer is responsible to pay tax...

Smuggling | Mumbai Customs Seizes  Rs. 44 Crore NDPS and Exotic Wildlife 

In a series of coordinated operations conducted between 8th and 11th October 2025, officers...

CBIC Initiates Vigilance Probe into Alleged Irregularities in Chennai Customs Following Wintrack Inc. Complaint

The Central Board of Indirect Taxes and Customs (CBIC) has received the factual enquiry...

DRI Busts International Gold Smuggling Syndicate in “Operation Golden Sweep”; 13 Arrested, Rs. 12.58 Crore Gold Seized at Mumbai Airport

In a major breakthrough against transnational gold smuggling, the Directorate of Revenue Intelligence (DRI)...

Centre Promotes 1993-Batch IRS Officers to Chief Commissioner Rank in CBIC

In a major round of senior-level promotions within the Central Board of Indirect Taxes...

DRI Officer Suspended Over Rs. 50 Lakh Bribe Allegation

The Office of the Principal Commissioner of Customs (General), Mumbai, has placed a senior...

DRI Revives National Anti-Smuggling Coordination Centre (S-CORD); 2nd Meeting Held at Headquarters

After a hiatus of over five years, the Directorate of Revenue Intelligence (DRI) convened...

CBIC Keeps Tariff Values Unchanged for Gold, Silver, Edible Oils, and Brass Scrap

The Central Board of Indirect Taxes and Customs (CBIC) has notified Customs (N.T.) Notification...

Relief To Importers : Time Limit Not Applicable for Refund of Special Additional Duty: CESTAT

In a major relief for importers, the Customs, Excise and Service Tax Appellate Tribunal...

Madras High Court Bans Animal Sacrifice at Thiruparankundram Hill

The Madurai Bench of the Madras High Court has held that animal sacrifice at...

Trump Alleges China’s “Hostile” Global Trade Move, Threatens Massive Tariffs in Response

U.S. President Donald J. Trump has issued a fiery statement accusing China of adopting...

US President Donald J. Trump announces 100% tariffs on China Apart From Existing Duties

In a forceful escalation of trade tensions, President Donald Trump announced that beginning November...