FCCB Redemption Premium Qualifies as Revenue Expenditure: Delhi HC 

The Delhi High Court has held that the legal position regarding the tax treatment of premium payable on redemption of Foreign Currency Convertible Bonds...

GSTAT Bar Association Seeks Urgent Procedural Clarifications on Appeal Filing, Defect Removal and Cross-Objections Before Jodhpur Bench

The newly constituted Marwar GST Appellate Tribunal Bar Association has written to the Registrar of the Goods and Services Tax Appellate Tribunal (GSTAT), Jodhpur Bench, seeking comprehensive procedural clarifications on several aspects of GST appeals.  The representation comes ahead of the commencement of hearings before...

PM Modi Announces Fast-Track Courts for  NEET-UG Exam Paper Leak Cases

Prime Minister Narendra Modi on Thursday announced that the Union Government will establish fast-track...

No Motor Accident Compensation Without Proven Link Between Death and Use of Vehicle: Supreme Court

The Supreme Court has held that compensation under the Motor Vehicles Act cannot be...

FCCB Redemption Premium Qualifies as Revenue Expenditure: Delhi HC 

The Delhi High Court has held that the legal position regarding the tax treatment...

Income Tax Penalty Can’t Survive After ITAT Quashes Assessment Order: Delhi HC Quashes Rs. 9.30 Crore Demand

The Delhi High Court has quashed a penalty of over ₹9.30 crore imposed under...

GSTAT Bar Association Seeks Urgent Procedural Clarifications on Appeal Filing, Defect Removal and Cross-Objections Before Jodhpur Bench

The newly constituted Marwar GST Appellate Tribunal Bar Association has written to the Registrar...

CBIC Constitutes Working Group to Examine Centralised GST Administration for Taxpayers with Multiple GSTINs

The Central Board of Indirect Taxes and Customs (CBIC) has constituted a high-level Working...

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...

Absence of Mandatory Approval in GST S. 74 Adjudication, Karnataka High Court Restrained Dept. from Coercive Action

The Karnataka High Court has granted interim protection to a taxpayer challenging a GST...

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)...

Absence of Mandatory Approval in GST S. 74 Adjudication, Karnataka High Court Restrained Dept. from Coercive Action

The Karnataka High Court has granted interim protection to a taxpayer challenging a GST...

Whether Dept. Can Invoke S. 73 Without Challenging Refund Sanction Order? Telangana High Court Stays GST Refund Recovery 

The Telangana High Court has raised a significant jurisdictional question under the Goods and...

Bail Conditions Relaxed for Chinese National in Rs. 11 Crore GST Evasion Case After Embassy Declines Guarantee Certificate: Allahabad High Court 

The Allahabad High Court has modified the bail conditions imposed on a Chinese national...

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

DRI Withdraws Summons To Advocate; Delhi High Court Holds Summons To Advocates Only In Rare And Exceptional Circumstances

The Delhi High Court has observed that summoning an advocate under Section 108 of the Customs Act, 1962 should ordinarily be resorted to only in rare and exceptional circumstances, while disposing of a writ petition challenging a summons issued by the Directorate of Revenue...

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

Whether Transfer of Leasehold Rights Is Taxable? Delhi High Court Stays Coercive Action By GST Dept.

The Delhi High Court has granted interim protection to a taxpayer in a significant...

Rajasthan GST Dept. Introduces Risk-Based Selection and Faceless Return Scrutiny

The Rajasthan Commercial Taxes Department has issued a comprehensive circular laying down fresh guidelines...

JURISHOUR | TAX LAW DAILY BULLETIN : 10 JULY, 2026

Here’s the Tax Law Daily Bulletin for July 10, 2026. GST SUPREME COURT ASKS GSTAT PRESIDENT...

ITR Filing for Senior Citizens AY 2026-27

From revised tax slabs under the new regime to exemption from return filing for...

CSIR Promotion Dispute: Supreme Court Rejects Judicial Formula for Averaging Performance Scores

The Supreme Court has held that courts cannot substitute the assessment methodology adopted by...

CBI-DRI Joint Operation Busts Interstate Wildlife Trafficking Syndicate; 53 Protected Animals Rescued, Six Arrested

The Central Bureau of Investigation (CBI) and the Directorate of Revenue Intelligence (DRI), Mumbai,...

Loose Digital Files, 3rd Party Excel Sheets Can’t Sustain Unexplained Investment Addition Without Corroborative Evidence: ITAT

The Jodhpur Bench of the Income Tax Appellate Tribunal (ITAT) has deleted an addition...

GST Refund Can’t Be Rejected Without Considering Reply to SCN: Punjab & Haryana High Court

The Punjab and Haryana High Court has quashed an order rejecting a taxpayer's GST...

Absence of Satisfaction in Assessment Order Invalidates S. 271E Proceedings: ITAT Quashes Rs. 60 Lakh Penalty Over Procedural Lapse

The Rajkot Bench of the Income Tax Appellate Tribunal (ITAT) has set aside a...

GSTAT Limitation Period Explained: How 3+3 Rule Can Decide the Fate of Your GST Appeal?

A single missed deadline can cost a taxpayer the right to challenge an adverse...

New Tax Regime: Hidden House Property Loss Restriction That Many Taxpayers Miss U/s 115BAC

While most discussions on the New Tax Regime revolve around lower tax slabs and...

Beyond the 1 Year Limit: How Taxpayers Can Challenge Continued GST Bank Account Attachment? [FORMAT ATTACHED]

The power to provisionally attach a taxpayer's bank account under the Goods and Services...