GST
GST Payable on Corpus Fund at Time of Collection; Electricity Charges for Common Areas Taxable as Part of Maintenance Services: AAR
The Karnataka Bench of Authority for Advance Ruling Karnataka (AAR) has held that Goods and Services Tax (GST) is payable on corpus fund contributions...
Notification
Taxpayers Receive Incorrect ‘Significant Transactions’ Emails Under Advance Tax e-Campaign: Income Tax Dept.
The Income Tax Department of India has issued a clarification after several taxpayers reported receiving emails containing inaccurate details of their “significant transactions” as part of the ongoing Advance Tax e-Campaign for Assessment Year (AY) 2026–27 corresponding to Financial Year (FY) 2025–26.In an official...
Other Laws
Auction Sale Can Be Scrutinised for Property Valuation Even After Confirmation: Supreme Court Upholds DRT Revaluation
The Supreme Court has held that even after confirmation of an auction sale in...
Other Laws
Sole Testimony of Prosecutrix Must Inspire Confidence for Conviction: Supreme Court Acquits Accused in 1998 Gang Rape Case
The Supreme Court has set aside the conviction of two men in a 1998...
GST
GST Payable on Corpus Fund at Time of Collection; Electricity Charges for Common Areas Taxable as Part of Maintenance Services: AAR
The Karnataka Bench of Authority for Advance Ruling Karnataka (AAR) has held that Goods...
GST
Corpus Fund Collected by Apartment Owners’ Association Is ‘Supply’, GST Payable at Time of Collection; Rs. 7,500 Monthly Exemption Not Applicable: AAR
The Authority for Advance Ruling Karnataka (AAR) has held that corpus fund contributions collected...
GST
GST Exemption On Solid waste Management Services to Gram Panchayat: AAR
The Karnataka Authority of Advance Ruling (AAR) has held that the solid waste Management...
GST
GST Portal Faces Technical Glitch; Users Report Server Communication Error
Taxpayers and professionals across India reported difficulties accessing the GST Portal after the system...
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, marking a significant moment ahead of the presentation of the...
Money Hacks
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....
Columns
RBI Tightens Bank Lending Norms for Stock Brokers
In a major regulatory move, the Reserve Bank of India (RBI) has unveiled a...
Notification
CBDT Orders Transfer of 3 Chief Commissioners / DGIT-Level Officers; Additional Charge Assigned
The Central Board of Direct Taxes (CBDT) has issued an Office Order announcing the...
CCI | GST | Direct Tax
CCI
CCI Approves Acquisition Of Jaiprakash Associates By Vedanta
The Proposed Combination envisages acquisition of Jaiprakash Associates Limited (JAL) by Vedanta Limited (Acquirer)...
CCI
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...
CCI
Mandatory Condition Of Prima Facie Anti-Competitive Agreements, Abuse Of Dominant Position Absent, CCI Can’t Direct Investigation: Gauhati High Court
The Gauhati High Court has held that the decision of the Competition Commission of...
CCI
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...
CCI
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...
GST
GST Payable on Corpus Fund at Time of Collection; Electricity Charges for Common Areas Taxable as Part of Maintenance Services: AAR
The Karnataka Bench of Authority for Advance Ruling Karnataka (AAR) has held that Goods...
GST
Corpus Fund Collected by Apartment Owners’ Association Is ‘Supply’, GST Payable at Time of Collection; Rs. 7,500 Monthly Exemption Not Applicable: AAR
The Authority for Advance Ruling Karnataka (AAR) has held that corpus fund contributions collected...
GST
Minor Refurbishment of Used Cars Doesn’t Change Nature as Second-Hand Goods; GST Payable Only on Margin: AAR
The Authority for Advance Ruling Karnataka (AAR) has clarified that minor refurbishment carried out...
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
Vague SCN Violates Natural Justice: Delhi High Court Dismisses Appeal in Customs Broker Licence Revocation Case
The Delhi High Court has dismissed an appeal filed by the Commissioner of Customs challenging a decision of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) that had set aside the revocation of a Customs Broker licence citing that the show cause notice...
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
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 Updates
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
Columns
Impact Of Black Money On An Economy
Black money, often described as the unaccounted or hidden wealth circulating outside the legal...
Indirect Taxes
CESTAT Kolkata Rules Quicklime Imports Must Be Classified Under CTH 2522, Not 2825
The Customs, Excise & Service Tax Appellate Tribunal (CESTAT) Kolkata has set aside orders...
Indirect Taxes
No Evidence of Gold Possession, Slashes Rs. 75 Lakh Penalty to Rs. 10 Lakh in Smuggling Case: CESTAT
The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Kolkata, has delivered a significant...
Opportunities
Applications Open for Customs Brokers Examination 2026; Written Test in March
The Central Board of Indirect Taxes and Customs (CBIC) has announced the schedule for...
Direct Tax
Income Tax Dept. Eases Black Money Act Provisions for Small Foreign Assets
The Income Tax Department has introduced significant relief for taxpayers holding small-value foreign assets,...
Other Laws
Delhi High Court Orders Forensic Audit in 28-Year-Old CRB Mutual Fund Case, Transfers Rs. 122 Crore to Registrar General
In a landmark ruling, the Delhi High Court has directed a forensic audit of...
Other Laws
Madhya Pradesh HC Questions Maintainability of PIL on Commercialization of Legal Services via Online Ads
The Madhya Pradesh High Court at Indore heard a Public Interest Litigation (PIL) challenging...
GST
GST ITC Can’t Be Denied merely For Non-Furnishing Foreign Inward Remittance Certificate In Prescribed Format: Karnataka High Court
The Karnataka High court has held that the Input Tax Credit (ITC) cannot be...
Direct Tax
Capital Loss Carry Forward Allowed Even When Gains on Grandfathered Investments Are Tax-Exempt: ITAT
In a major relief for foreign investors, the Income Tax Appellate Tribunal (ITAT), Mumbai,...
GST
Delhi High Court Questions DGGI For Repeated GST Bank Account Attachments, Orders Partial Relief
The Delhi High Court has expressed concern over repeated provisional attachments of bank accounts...
Other Laws
Local Police Can Investigate Cybercrime Cases: Orissa High Court
The Orissa High Court has held that local police can investigate cybercrime cases.The bench...
Columns
ICAI Opens Doors for Chartered Accountants to Establish Firms in GIFT City
The Institute of Chartered Accountants of India (ICAI) has taken a significant step towards...