Direct Tax
Can Commercial Vehicles Qualify for 50% Depreciation? Delhi ITAT Follows Consistent Precedent in Favour of Assessee
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has partly allowed an appeal concerning the tax assessment of International Tractors Ltd. for...
Notification
Taxation and Other Laws Amendment Bill, 2026 Proposes Major Tax Reliefs for Foreign Funds, Diamonds and Electronics
The Taxation and Other Laws (Amendment) Bill, 2026 proposes a series of significant amendments to the Income-tax Act, 2025, the Finance Act, 2026 and the Payment and Settlement Systems Act, 2007. The measures are aimed at providing greater tax certainty, promoting fund-management activity in...
Other Laws
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...
Other Laws
Court Directs CBI to File Reply to Rajesh Bothra’s Discharge Application against Alleged Fake Bills of Lading in Rotomac Bank Fraud Case
Court hearing the Rotomac Exim bank fraud case has directed the Central Bureau of...
Direct Tax
Can Commercial Vehicles Qualify for 50% Depreciation? Delhi ITAT Follows Consistent Precedent in Favour of Assessee
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has partly allowed an...
GST
Madras High Court Remits GST Demand for Fresh Adjudication After Taxpayer Claims It Was Unaware of SCN Following Business Closure
The Madurai Bench of the Madras High Court has remitted a GST demand order...
GST
Can Anticipatory Bail Be Sought Against Apprehended GST Arrest Without FIR? Karnataka HC Relies on Supreme Court Ruling
The Karnataka High Court has held that a person facing a genuine and reasonable...
GST
No Jurisdictional Bar U/s 6(2)(b) in Parallel CGST SGST Proceedings: Delhi High Court Refuses to Bypass GST Appeal Remedy
The Delhi High Court has declined to entertain a writ petition challenging a GST...
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...
Direct Tax
AO Can’t Reject Recognised Valuation Method Merely Because It Was Not Yet Notified: Delhi High Court Upholds DCF Valuation of Shares
The Delhi High Court has dismissed an Income Tax Department appeal challenging the valuation...
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
Madras High Court Remits GST Demand for Fresh Adjudication After Taxpayer Claims It Was Unaware of SCN Following Business Closure
The Madurai Bench of the Madras High Court has remitted a GST demand order...
GST
Can Anticipatory Bail Be Sought Against Apprehended GST Arrest Without FIR? Karnataka HC Relies on Supreme Court Ruling
The Karnataka High Court has held that a person facing a genuine and reasonable...
GST
No Jurisdictional Bar U/s 6(2)(b) in Parallel CGST SGST Proceedings: Delhi High Court Refuses to Bypass GST Appeal Remedy
The Delhi High Court has declined to entertain a writ petition challenging a GST...
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
Interest on Delayed Duty Drawback Runs From 1 Month After ‘Let Export Order’, Not Final Adjudication: Delhi High Court
The Delhi High Court has held that interest on delayed payment of duty drawback under Section 75A of the Customs Act, 1962 becomes payable upon expiry of one month from the date on which the exporter’s shipping bill is deemed to constitute a drawback...
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
US Passport Holder Booked at IGI Airport for Alleged Smuggling of Gold, Luxury Watches, Foreign Currency
The Customs Department at Indira Gandhi International Airport (IGI Airport) has booked a case...
Columns
Induction of Third Member to CBIC Likely Only in April; 1993 Batch IRS Officer in Contention
Speculation is rife within North Block that the appointment of a third Member to...
GST
GST Prohibition, Seizure Orders Quashed For Want Of Confiscation Proceedings U/s 67(2): Madras HC
The Madras High Court has set aside prohibition and seizure orders issued against M/s....
Notification
Work Allocation Reshuffled Under DGST & DVAT Powers: Delhi Trade and Taxes Dept. Issues Fresh Administrative Order
The Government of National Capital Territory of Delhi, through its Department of Trade and...
Indirect Taxes
No Writ to Stop Vessel Entry Over Disputed Import: Delhi High Court
The Delhi High Court has dismissed a writ petition seeking urgent directions to restrain...
Indirect Taxes
Green Channel Violation Not Equal to Smuggling: Delhi HC Upholds Gold Redemption
The Delhi High Court has dismissed a writ petition filed by the Commissioner of...
Notification
GSTN Enables Opt-Out Facility for Taxpayers Registered Under Rule 14A
The Goods and Services Tax Network (GSTN) has announced that taxpayers registered under Rule...
Indirect Taxes
Tribunal Order Can’t Be Treated as ‘Additional Evidence’; 18% IGST Upheld on Medical Monitors: CESTAT
The Mumbai Bench of Customs, Excise & Service Tax Appellate Tribunal (CESTAT) has held...
GST
Merits Must Prevail Over Technical Delay in GST Late Fee Dispute: Rajasthan HC Allows Appeal Beyond Limitation
The Rajasthan High Court has condoned delay in filing a statutory appeal under the...
Indirect Taxes
CBIC’s Rs. 2 Crore Litigation Threshold Covers Ongoing Appeals, Not Just Fresh Filings: Supreme Court
The Supreme Court has held that the circular issued by Central Board of Indirect...
Case Compilation
Jurishour | Tax Law Daily Bulletin : February 23, 2026
Here’s the Tax Law Daily Bulletin for February 23, 2026.GSTGST Orders Passed Without Proper...
Notification
India, France Sign Landmark Protocol Amending Double Taxation Avoidance Convention
In a significant step towards deepening bilateral economic cooperation, the Government of India and...