Bank’s Suspense Account Interest Cannot Be Ignored: Supreme Court Restores Rs. 54.90 Lakh Loan Liability

The Supreme Court has set aside an Orissa High Court order that had directed Punjab National Bank (PNB) to accept ₹29.55 lakh from a...

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, Delhi, for carrying out scientific research under the category of a university, college or other institution under the newly enacted Income-tax Act, 2025 and the Income-tax Rules, 2026.The notification has...

CA, CS, CMA Vs Advocates: Delhi HC Asks BCI To Clarify Its Plea Restricting Non-Advocates From Appearing Before Authorities

The Delhi High Court has sought further clarity in a long-running legal dispute concerning...

Bank’s Suspense Account Interest Cannot Be Ignored: Supreme Court Restores Rs. 54.90 Lakh Loan Liability

The Supreme Court has set aside an Orissa High Court order that had directed...

Time-Barred Operational Debt Cannot Revive Through IBC: Supreme Court Quashes S. 9 Insolvency Proceedings

The Supreme Court has held that an operational creditor cannot use proceedings under Section...

Showroom Interior Fit-Outs Constitutes “Original Works”, CESTAT Quashes ₹2.61 Crore Service Tax Demand

The Customs, Excise & Service Tax Appellate Tribunal (CESTAT), New Delhi has set aside...

CESTAT Upholds Rs. 7.24 Cr. Customs Demand in PCB Undervaluation Case

The Customs, Excise & Service Tax Appellate Tribunal (CESTAT), New Delhi Principal Bench, has...

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...

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...

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...

UNICEF’s IGST Refund Claims Within Time, CESTAT Rules Limitation Starts From 2019 Customs Circular

The Customs, Excise & Service Tax Appellate Tribunal (CESTAT), Principal Bench, New Delhi, has...

CCI | GST | Direct Tax

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...

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...

Markets Trade Flat Ahead of Union Budget 2026-27

Equity benchmark indices traded in a narrow range on Sunday morning as investors remained...

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 Approves Acquisition Of Jaiprakash Associates By Vedanta 

The Proposed Combination envisages acquisition of Jaiprakash Associates Limited (JAL) by Vedanta Limited (Acquirer)...

Whether RERA Registration Can Determine GST Classification of ‘Ongoing Project’? Rajasthan HC Issues Stay Notice

The Rajasthan High Court has taken up a significant challenge concerning the use of...

Taxability of Solar Water Pumping and Rooftop Power Plant Works as Composite Works Contract: GSTAT Admits Departmental Appeal 

The Goods and Services Tax Appellate Tribunal (GSTAT), Court No. I, Hyderabad, has admitted...

GSTAT Admits Bharti Airtel’s Appeal on ITC Dispute Involving Section 17(5)(c) and (d) of CGST Act

The GST Appellate Tribunal (GSTAT) has admitted an appeal filed by Bharati Airtel Limited...

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

UNICEF’s IGST Refund Claims Within Time, CESTAT Rules Limitation Starts From 2019 Customs Circular

The Customs, Excise & Service Tax Appellate Tribunal (CESTAT), Principal Bench, New Delhi, has held that refund claims filed by the United Nations Children’s Fund (UNICEF) for IGST paid on imported goods were not barred by limitation, ruling that the limitation period could not...

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...

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...

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

Mere Suspicion or General Investigation Reports Can’t Justify Treating Share Transactions as Bogus; LTCG Exemption Allowed: ITAT

The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has held that long-term...

LTCG From Sale of Shares Eligible for S. 10(38) Exemption for Insurers: ITAT 

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

Clerical Error in Invoice Number Can’t Deny CENVAT Credit Benefit: CESTAT

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

Modular Kitchens Imported in CKD/SKD Form Classifiable as Furniture: CESTAT

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

Interest Earned on Loans Not Consideration for Service Tax: CESTAT

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

Agricultural Income Return Insufficient to Prove ‘Agricultural Land’ In Absence Of Purchase Invoices Of Manure, Fertilizers: Supreme Court

The Supreme Court has held that mere agricultural income return insufficient to prove agricultural...

Centre Notifies New Recruitment Rules for Assistant Director (Official Language) in ED

The Central Government has notified new recruitment rules for the post of Assistant Director...

Inland Vessels Amendment Rules 2026 Notified; Mandatory Navigation Equipment, New Visibility Rules, Tonnage Calculation Norms Introduced

The Ministry of Ports, Shipping and Waterways has notified the Inland Vessels (Safe Navigation,...

CBDT Expands Reporting Framework to Cover Crypto Assets and Digital Currency Accounts

The Central Board of Direct Taxes (CBDT) has expanded the reporting framework to cover...

JURISHOUR | TAX LAW DAILY BULLETIN : MARCH 5, 2026

Here’s the Tax Law Daily Bulletin for March 5, 2026.GSTCGST ASSISTANT COMMISSIONER CITED JUDGEMENTS...

Marwar GSTAT Bar Association Flags Issues in GSTAT Portal Appeal Filing, Seeks Reconsideration of Rule 21

The Marwar GST Appellate Tribunal Bar Association has submitted a formal representation to the...

No Service Tax On Payments Made To Protection And Indemnity Club For Mutual Insurance Cover: CESTAT

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