GST Payable On Corpus Funds Collected By Residential Association For Future Contingencies: AAR

The Karnataka Authority of Advance Ruling (AAR) has held that corpus funds collected by the applicant for future contingencies are treated as “consideration” as...

Centre Bars Consumers with Piped Natural Gas from Holding Domestic LPG Connections

The Ministry of Petroleum and Natural Gas has issued a notification prohibiting individuals who already have a Piped Natural Gas (PNG) connection from retaining or refilling a domestic Liquefied Petroleum Gas (LPG) cylinder connection. The new rule aims to streamline domestic fuel distribution and...

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...

GST Payable On Corpus Funds Collected By Residential Association For Future Contingencies: AAR

The Karnataka Authority of Advance Ruling (AAR) has held that corpus funds collected by...

Unexplained 8-Year Delay in Disproportionate Assets Investigation Violates Article 21: Orissa High Court 

The Orissa High Court has quashed criminal proceedings initiated by the Vigilance Department against...

ITAT Quashes Reassessment Citing Unsigned Notice

The Income Tax Appellate Tribunal (ITAT), Delhi Bench has quashed the reassessment proceedings holding...

Mere Filing Of Return After Notice Can’t Justify Penalty When Income Declared By Taxpayer Is Accepted By Tax Dept.: ITAT

The Income Tax Appellate Tribunal (ITAT), Chennai Bench, has deleted a penalty of Rs....

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...

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....

RBI Tightens Bank Lending Norms for Stock Brokers

In a major regulatory move, the Reserve Bank of India (RBI) has unveiled a...

DGGI Gauhati | Securing Alleged Tax Shortfall Is Sufficient: HC Refuses to Enhance Bank Guarantee for Release of Perishable Areca Nuts

The Gauhati High Court has declined a plea by the Directorate General of GST...

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...

GST Payable On Corpus Funds Collected By Residential Association For Future Contingencies: AAR

The Karnataka Authority of Advance Ruling (AAR) has held that corpus funds collected by...

DGGI Gauhati | Securing Alleged Tax Shortfall Is Sufficient: HC Refuses to Enhance Bank Guarantee for Release of Perishable Areca Nuts

The Gauhati High Court has declined a plea by the Directorate General of GST...

Meerut DGGI | Court Denies Bail to Transporter Accused of Moving Areca Nuts Worth Rs. 5,000 Crore Without E-Way Bills

A Meerut court has rejected the bail application of Dilip Kumar Jha, a transporter...

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 Busts Gold Smuggling Syndicate Operating Between Delhi and Kolkata

The Directorate of Revenue Intelligence (DRI) has busted an organised syndicate involved in the smuggling, illegal melting, and clandestine sale of foreign-origin gold across Delhi and Kolkata, leading to the seizure of gold, silver, and cash collectively valued at more than ₹14.13 crore. Six...

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

GST Compliance: Experts Question Need for Month-Specific Reconciliations When Section 49(8) Already Provides Clarity

In the ever-evolving landscape of Goods and Services Tax (GST) compliance in India, a...

ICAI Pitches Reforms to Ease GST Compliance Burden for Businesses

The Institute of Chartered Accountants of India (ICAI), the country’s largest professional accounting body,...

Imagine Paying GST on Walking: Disability Rights Advocate Urges Govt to Make Aids Zero-Rated in Upcoming GST Reforms

In a strong appeal to the Union Finance Minister Nirmala Sitharaman and the GST...

8th Pay Commission: Some Allowances May Be Scrapped Similar to 7th CPC; Implementation Likely Delayed

The much-anticipated 8th Central Pay Commission (CPC), which is expected to revise salaries, allowances,...

15 Days Left, 3 Crore ITRs Pending: AIS-TIS, 26AS Not Working, OTP Glitches Trouble Taxpayers

As the deadline for filing Income Tax Returns (ITRs) draws closer, taxpayers and professionals...

Govt. Appoints Senior IRS (Customs & Indirect Taxes) Officers To Key Diplomatic Positions In Customs Overseas Intelligence Network (COIN)

The Appointments Committee of the Cabinet (ACC) has approved the Department of Revenue’s proposal...

From CAT To HC : Question Marks Over Dept.’s Bona Fides as Sameer Wankhede Faces Relentless Vendetta

The continuing departmental proceedings against IRS officer and former NCB Zonal Director Sameer Wankhede...

CESTAT Cancels Equal Penalty, Imposes Reduced Fine for Delayed Service Tax

The Customs, Excise & Service Tax Appellate Tribunal (CESTAT), Ahmedabad, has granted partial relief...

Refund of CVD & SAD Paid Post-GST Under Section 142(3) of CGST Act Allowed: CESTAT 

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

DRI Not Empowered To Declare DGFT-Issued DEPB Scrips Void: CESTAT Quashes Penalty Against CA, 20 Others

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

Interest on FD, Tax Refunds Linked to Operational Obligations Qualifies for S. 80IA Deduction: Bombay HC

The Bombay High Court has held that interest earned on fixed deposits and tax...

GST Appeals Can’t Be Entertained Beyond 120-Day Limit: Bombay HC

The Bombay High Court has held that writ jurisdiction cannot be invoked to revive...