Undisclosed Foreign Assets Up to Rs. 5 Crore Can Be Declared: CBDT Notifies Foreign Assets of Small Taxpayers Disclosure Scheme Rules, 2026

The Central Board of Direct Taxes (CBDT) has notified the Foreign Assets of Small Taxpayers—Disclosure Scheme Rules, 2026, providing a structured mechanism for eligible...

MSMED Amendment Act, 2026: TReDS-Based Invoice Settlement, 90-Day Dispute Resolution and Stricter Penalties Introduced for MSMEs

The Micro, Small and Medium Enterprises Development (Amendment) Act, 2026 has received the assent of the President, bringing a series of significant changes to the legal framework governing micro, small and medium enterprises (MSMEs), particularly in the areas of registration, delayed payments, invoice settlement,...

Appellate Court Can’t Remand Criminal Appeal Merely for Re-Appreciation of Evidence; Must Decide Appeal on Merits: Rajasthan High Court

The Rajasthan High Court has held that an appellate court cannot remand a criminal...

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...

GST Dept. Can’t Straightaway Issue DRC-01 Without First Scrutinising Bank’s Self-Assessment Returns: Madras HC

The Madurai Bench of the Madras High Court has set aside a GST demand...

Legal Heirs Can’t Claim Personal Exemption From Attachment of Residential House U/s 60(1)(ccc): Supreme Court

The Supreme Court has held that the protection available under Section 60(1)(ccc) of the...

How to Invest in Stock Market and Earn Money Online? 

The stock market has become far easier to access than it was a decade...

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...

Strict Limits on GST Confiscation of Goods in Transit: Supreme Court Refuses To Interfere In Gujarat HC’s Ruling

The Supreme Court has declined to interfere with the Gujarat High Court’s judgment laying...

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)...

GST Dept. Can’t Straightaway Issue DRC-01 Without First Scrutinising Bank’s Self-Assessment Returns: Madras HC

The Madurai Bench of the Madras High Court has set aside a GST demand...

Strict Limits on GST Confiscation of Goods in Transit: Supreme Court Refuses To Interfere In Gujarat HC’s Ruling

The Supreme Court has declined to interfere with the Gujarat High Court’s judgment laying...

GST Levy on Corporate Guarantees Upheld: Gujarat HC

The Gujarat High Court has delivered a significant ruling on the GST treatment of...

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

Excise Dept. Must Act Within Normal Limitation When Relevant Valuation Facts Are Already on Record: Supreme Court

The Supreme Court has held that the Central Excise and Service Tax Department cannot invoke the extended period of limitation under the proviso to Section 11A of the Central Excise Act, 1944, merely where the relevant valuation facts were already within the Department’s knowledge.  The...

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

Extended Limitation Not Invocable Without Suppression: CESTAT Quashes Service Tax Demand on Online Advertisement

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

Service Tax Demand Based Solely on Form 26AS Unsustainable When Underlying Services Are Exempt: CESTAT

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

SEBI Suspends General Manager in Vigilance Case Linked to SME IPO Probe

In a significant internal development, the Securities and Exchange Board of India (SEBI) has...

HRA Claims: Disclosure of Landlord Relationship to Become Mandatory Under New Draft Tax Rules

In a significant move aimed at plugging revenue leakages and preventing misuse of House...

GSTN Enables Online Facility to Withdraw from R. 14A Registration via Form GST REG-32

The Goods and Services Tax Network (GSTN) has introduced a new online functionality allowing...

IDFC First Bank Flags Rs. 590 Crore Discrepancy in Haryana Government-Linked Accounts; 4 Officials Suspended

In a significant regulatory disclosure, IDFC First Bank has reported a suspected fraud involving...

ITC Allowed on Leasehold Rights, Not Blocked U/s 17(5) as Transaction Is Not Construction Activity: Gujarat High Court

The Gujarat High Court has held that the input tax credit (ITC) is eligible...

GoldBees vs Gold ETF – 2026 

Investors who want exposure to gold without buying physical metal often choose Gold ETFs....

Chhattisgarh High Court Denies Bail in GST Bribery Case Over Alleged Impersonation of Commissioner, Conspiracy to Demand Bribe

The Chhattisgarh High Court has rejected the second bail application of an accused allegedly...

Whether GST Registration Cancelled for Non-Filing of Returns Can Be Restored Under Rule 22(4) Proviso Despite Delay in Appeal? Gauhati High Court Answers

The Gauhati High Court has permitted a Lakhimpur-based proprietorship firm to approach the tax...

Delhi Customs | Rs. 5.51 Crore Gold, Luxury Watch Seizure: Court Grants 14 Day Judicial Custody

The Court of the Chief Judicial Magistrate (CJM) at Patiala House Courts has remanded...