Direct Tax
Bank Loan Upfront Fee Revenue Expenditure Even Where Loan Is Used for Capital Assets: Delhi High Court
The Delhi High Court has dismissed the department’s appeal challenging the deletion of a tax disallowance of ₹3.12 crore paid by the assessee as...
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
Bank Loan Upfront Fee Revenue Expenditure Even Where Loan Is Used for Capital Assets: Delhi High Court
The Delhi High Court has dismissed the department’s appeal challenging the deletion of a...
Direct Tax
Finance Act 2010 Can’t Create Fresh TDS Liability for Offshore Technical Services: Karnataka High Court Reads Down Retrospective Tax Amendment
The Karnataka High Court has allowed a batch of income-tax appeals and a connected...
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...
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...
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...
Indirect Taxes
Erection Services Were Not Liable To Service Tax Prior To 10 September 2004: CESTAT
The Customs, Excise & Service Tax Appellate Tribunal (CESTAT), Allahabad Regional Bench, has held...
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
Erection Services Were Not Liable To Service Tax Prior To 10 September 2004: CESTAT
The Customs, Excise & Service Tax Appellate Tribunal (CESTAT), Allahabad Regional Bench, has held that erection services were not liable to service tax prior to 10 September 2004 and consequently set aside a service tax demand relating to erection work performed before that date. The...
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
Rule 8(3A) Bar on Using CENVAT Credit During Default Period Unconstitutional: CESTAT
The Ahmedabad Bench of the Customs, Excise & Service Tax Appellate Tribunal (CESTAT) has...
Indirect Taxes
Customs Dept. Bound To Grant Cash Refund Of CVD, SAD Paid In Pre-GST period, Even If Payment Was Made After GST Rollout: CESTAT
The Ahmedabad Bench of the Customs, Excise & Service Tax Appellate Tribunal (CESTAT) has...
Indirect Taxes
Smuggling Penalty Not Sustainable Solely On Statements: CESTAT
The Delhi Bench of Customs, Excise & Service Tax Appellate Tribunal (CESTAT) has set...
Indirect Taxes
Mere Violation of CHALR Can’t Justify Penalty Against Customs Broker Without Proving Illegal Import: CESTAT
The Delhi Bench of the Customs, Excise & Service Tax Appellate Tribunal (CESTAT) has...
Notification
2 IRS Officers Appointed As CBIC Members
The Appointments Committee of the Cabinet (ACC) has approved the appointment of two senior...
GST
GST Return Mismatch: Appellate Authority Can’t Convert S. 74 Proceedings to S. 73: GSTAT Orders Fresh Adjudication
In the GST return mismatch case, the Principal Bench of Goods and Services Tax...
Indirect Taxes
Centre Revises SEZ Online User Charges from January 1, 2026
The Ministry of Commerce and Industry has revised the user charges for SEZ Online...
Case Compilation
JurisHour | Tax Law Daily Bulletin : February 12, 2026
Here’s the Tax Law Daily Bulletin for February 12, 2026.GSTRefund Not Payable to Assessee...
Other Laws
Encroachments Within Highway Right of Way Are Per Se Illegal, Can’t Be Regularised: Rajasthan High Court Orders Statewide Removal Within 2 Months
The Rajasthan High Court has directed the removal or relocation of all encroachments within...
GST
DGGI Ghaziabad | Meerut Court Sends Alleged Rs. 27.99 Crore GST Evasion Accused to Judicial Custody
The Court of the Special Chief Judicial Magistrate, Meerut, has remanded Rajiv Kumar to...
Other Laws
Disability Pension Arrears Can’t Be Restricted to 3 Years: Supreme Court
The Supreme Court has held that arrears of disability pension cannot be restricted to...
Other Laws
Heavy Water Plant Employees Not Entitled to Gratuity Under Payment of Gratuity Act: Supreme Court
The Supreme Court has held that employees of the Heavy Water Plant (HWP), Tuticorin,...