Direct Tax
AO Can’t Pass Assessment Order Once Limit Lapses As Per S. 153(2) Proviso: Gujarat High Court
The Gujarat High Court has held that the Assessing Officer (AO) can’t pass assessment order once limit lapses as per Proviso to Section 153(2)...
Notification
CBIC Keeps Customs Values Unchanged for Gold, Silver, Oil and Areca Nuts
The Central Board of Indirect Taxes and Customs (CBIC) has revised the tariff-value tables prescribed under the Customs Act, 1962. The notification substitutes Tables 1, 2 and 3 of the principal tariff-value notification issued in 2001. Significantly, the revised notification retains the existing tariff values...
Other Laws
Delhi Court Acquits Former WFI Chief Brij Bhushan Sharan Singh in Women Wrestlers’ Sexual Harassment Case
Delhi court has acquitted former Wrestling Federation of India (WFI) president and former BJP...
Other Laws
Adarsh Credit Scam: High Court Appoints Ex-CJI Sanjiv Khanna-Led Committee to Fast-Track Liquidation, Investor Refunds
In a significant move aimed at expediting relief for nearly 20 lakh investors allegedly...
Direct Tax
AO Can’t Pass Assessment Order Once Limit Lapses As Per S. 153(2) Proviso: Gujarat High Court
The Gujarat High Court has held that the Assessing Officer (AO) can’t pass assessment...
GST
GST Appeals Filed Beyond 4 Months Can’t Be Entertained, Limitation Act S. 5 Excluded: Uttarakhand High Court
The Uttarakhand High Court has held that an appeal under Section 107 of the...
Direct Tax
Penny Stock LTCG Can’t Be Treated as Unexplained Cash Credit Without Evidence Linking Assessee to Price Manipulation: ITAT
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has dismissed Revenue’s appeals...
Notification
CBDT Approves Sir Ganga Ram Trust Society for Scientific Research Under New Income-Tax Law
The Central Board of Direct Taxes (CBDT) has approved Sir Ganga Ram Trust Society,...
Live Updates
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...
Money Hacks
How to Save Money on LPG Cylinder Booking: Best Apps, Cashback Offers In 2026
With domestic LPG cylinder prices continuing to strain household budgets, consumers are increasingly looking...
Money Hacks
Rupee Likely to Stay Weak Against U.S. Dollar Despite RBI Measures Expected to Attract $50 Billion in Inflows
Despite a series of measures announced by the Reserve Bank of India (RBI) to...
GST
Omission of GST Rule 96(10) Applies to Pending Export Refund Cases: Supreme Court
The Supreme Court has held that the omission of Rule 96(10) of the Central...
CCI | GST | Direct Tax
CCI
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...
CCI
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...
CCI
Markets Trade Flat Ahead of Union Budget 2026-27
Equity benchmark indices traded in a narrow range on Sunday morning as investors remained...
CCI
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
CCI Approves Acquisition Of Jaiprakash Associates By Vedanta
The Proposed Combination envisages acquisition of Jaiprakash Associates Limited (JAL) by Vedanta Limited (Acquirer)...
GST
GST Appeals Filed Beyond 4 Months Can’t Be Entertained, Limitation Act S. 5 Excluded: Uttarakhand High Court
The Uttarakhand High Court has held that an appeal under Section 107 of the...
GST
Omission of GST Rule 96(10) Applies to Pending Export Refund Cases: Supreme Court
The Supreme Court has held that the omission of Rule 96(10) of the Central...
GST
Appellate Authority to Decide Rs. 1.08 Crore ITC Dispute on Merits: Rajasthan High Court Condones GST Appeal Delay
The Rajasthan High Court has directed the GST Appellate Authority to entertain and decide...
Direct Tax
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’...
Direct 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...
Direct Tax
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...
Direct Tax
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...
Direct Tax
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...
Direct Tax
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
Indirect Taxes
Customs Cargo Service Provider Suspension Can’t Continue Indefinitely Under Regulation 11(2) of HCCAR: CESTAT
The Mumbai Bench of the Customs, Excise & Service Tax Appellate Tribunal (CESTAT) has held that the power to suspend a Customs Cargo Service Provider (CCSP) under Regulation 11(2) of the Handling of Cargo in Customs Areas Regulations, 2009 (HCCAR) is an exceptional and...
International Taxation
U.S. Court Clarifies “Processing Operation”: Marketability Transformation Test Shows MOOWR ‘Other Operations’ Not Limited to Manufacturers
The Arizona Supreme Court has held that machinery used in an industrial healthcare textile...
International Taxation
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...
Live Updates
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...
Live Updates
JurisHour Exclusive Live Coverage Of Budget for FY 2026–27
Finance Minister Nirmala Sitharaman arrived at Kartavya Bhawan at the Finance Ministry on Saturday,...
Latest Articles
Indirect Taxes
Despatch Money for Faster Cargo Unloading Not Taxable as ‘Port Service’: CESTAT
The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Hyderabad Bench, has held that...
Indirect Taxes
Value of Land Can’t Be Included in Taxable Value for ‘Club or Association Service’: CESTAT
The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Hyderabad Bench, has held that...
Indirect Taxes
CESTAT Quashes Service Tax Demand on Residential Complex Construction Prior to July 2010
The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Hyderabad Bench, has set aside...
Indirect Taxes
Service Tax Liability Under GTA Services Can’t Arise In Absence Of Consignment Note: CESTAT
The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Hyderabad Bench, has held that...
Notification
GSTN Issues Advisory On Pre-Deposit Payment While Filing Of Appeal Before First Appellate Authority
The Goods and Service Tax Network (GSTN) has issued the advisory on pre-deposit payment...
Indirect Taxes
CESTAT Quashes Customs Duty Demand on Facsimile Machines As Dept. Failed to Prove Misclassification
The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Hyderabad Bench, has set aside...
Direct Tax
Self-Generated Trademark Sale Not Taxable as Capital Gains Before AY 2002-03: Gujarat HC
The High Court of Gujarat has held that consideration received from the transfer of...
Indirect Taxes
Threshing and Redrying of Tobacco Leaves Is Agricultural Processing, Not Taxable as BAS: CESTAT
The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Hyderabad Bench has held that...
Indirect Taxes
CESTAT Allows CENVAT Credit on CVD/SAD Paid Through DEPB Scrips
The Hyderabad Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has...
Indirect Taxes
Construction Contracts with Transfer of Goods Taxable as Works Contract Service: CESTAT
The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Hyderabad Bench, has held that...
Indirect Taxes
OFC Network Project for Railways Is Composite Works Contract, Rs. 1.6 Crore Service Tax Demand Against Railtel Quashed: CESTAT
The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Hyderabad Bench, has set aside...
Indirect Taxes
Commissions Received From General Sales Agents, Company’s Own Branches Can’t Be Subjected To Service Tax Under BAS: CESTAT
The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Hyderabad Bench, has held that...