Indian Railways Not a Deemed Distribution Licensee Under Electricity Act; Liable to Pay Cross-Subsidy Surcharge: Supreme Court 

The Supreme Court has held that the Indian Railways cannot be treated as a deemed distribution licensee under the Electricity Act, 2003 merely because...

Here’s Why ICAI Removes Hundreds of Chartered Accountants From Register

The Institute of Chartered Accountants of India (ICAI) has struck off a large number of Chartered Accountants from its Register of Members for non-payment of membership fees, triggering serious concerns within the professional community regarding the consequences of non-compliance with annual fee obligations. The action...

No Automatic Rescission of Specific Performance Decree for Delay in Deposit of Sale Consideration: Supreme Court

The Supreme Court has held that there is no automatic rescission of a decree...

Police Can’t Declare Accused Guilty Through “Media Trial”, Public Parading & Social Media Posts Violate Article 21: Rajasthan High Court

The Rajasthan High Court has strongly condemned the practice of police publicly parading accused...

Calcutta High Court Refers SREI–Orissa Steel Dispute To Arbitration Despite Pending IBC Proceedings Before NCLT

The Calcutta High Court has referred the dispute between SREI Infrastructure Finance Limited and...

Company Law | Physical Presence Mandatory For Furnishing Bonds, Accused Can’t Be Taken Into Custody Immediately: Punjab and Haryana High Court

The Serious Fraud Investigation Office has secured partial relief before the Punjab and Haryana...

Economic Offences Require Strict Approach: Chhattisgarh High Court Denies Bail In ₹540 Crore Coal Levy Extortion Case

The High Court of Chhattisgarh has rejected the regular bail application of Narayan Sahu,...

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...

10 Best Cryptocurrency Apps in India with Low Fees (2026 Edition)

With cryptocurrency adoption steadily rising in India, choosing the right trading app has become...

How You Can Save Up To 13% GST On Wedding Venues?

Planning a big Indian wedding often begins with locking in the venue and caterer....

Calcutta High Court Quashes PNB Fraud Classification Based on Audit Report Discredited by Insolvency Tribunals

The Calcutta High Court has quashed the fraud classification proceedings initiated by Punjab National...

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...

Services to Foreign Universities Not ‘Intermediary Services’: Delhi HC Directs GST Refund to Education Consultancy

The Delhi High Court has held that education consultancy, marketing and recruitment support services...

Bakery Products Sold Without Preparation Are ‘Goods’, While Pizzas Prepared at Outlet Qualify as ‘Restaurant Service’: AAR

The Goa Authority for Advance Ruling (AAR) has held that pre-manufactured bakery products such...

Jharkhand HC Quashes GST ITC Reversal Order Passed Solely Due to Delayed GSTR-3B Filing

The Jharkhand High Court has quashed an Order-in-Original rejecting Input Tax Credit (ITC) worth...

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

Karnataka HC Upholds Banks’ CENVAT Credit on DICGC Insurance Premium

The Karnataka High Court has upheld the eligibility of banks to avail CENVAT credit on service tax paid towards Deposit Insurance and Credit Guarantee Corporation (DICGC) insurance premium, holding that the issue is no longer res integrain view of earlier judgments of the Kerala...

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...

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

No TDS Required For Services Rendered Outside India: ITAT Deletes Disallowance on Foreign Commission

The Income Tax Appellate Tribunal (ITAT), Ahmedabad Bench, has allowed the appeal of a...

Composite Trust Eligible for Section 80G Approval If Religious Spending Is Within 5% Limit: ITAT

The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) has ruled that a...

India Initiates Anti-Dumping Probe on Nylon-6 Imports from China and Russia

India has formally initiated an anti-dumping investigation into imports of Nylon-6 Chips and Granules...

CBDT Notifies Inbar Holding RSC Ltd as Eligible Pension Fund for Tax Exemption on Indian Investments Till 2030

The Central Board of Direct Taxes (CBDT) has notified Inbar Holding RSC Limited, an...

Jewellery Found During Search Can’t Be Fully Treated as Unexplained When Relatives Are Present for Family Function: ITAT

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

Ignoring CBIC Circulars on Rule 28 Valuation Vitiates GST Demand on Corporate Guarantee: Madras High Court

The Madurai Bench of the Madras High Court has set aside a GST demand...

Wrong Legal Advice Justifies 543-Day Delay; But ITAT Upholds PCIT’s Section 263 Revision Over Demonetisation Cash Deposits

The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) has condoned a substantial...

ITR Non-Filing by Suppliers Alone Can’t Justify Disallowance of Purchases: ITAT Deletes of Rs. 25.55 Crore Addition

The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has ruled that mere...

ITAT Slams CPC for Ignoring CBDT Extension on Form 56F; Upholds S. 10AA Deduction Despite Late Return

The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has held that the...

GYANOTSAV 2026: Two-Day National Conference to Blend Law, Tax, AI and Wellness in Surat

The two-day National Conference GYANOTSAV 2026, scheduled to be held on January 10 and...

Duty Demand on 100% EOU for Failure to Achieve Positive NFE Under EXIM Policy Must Be Recomputed as Per Exemption Notifications: CESTAT

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

GST Penalty on Expired E-Way Bill Quashed Citing Technical Auto-Population Error: Allahabad High Court

The Allahabad High Court has quashed a GST penalty and seizure order imposed solely...