Direct Tax
Agricultural Land Not ‘Capital Asset’, No Basis to Treat Sale As Capital Gains: ITAT
The Income Tax Appellate Tribunal (ITAT), Delhi Bench, has set aside revisionary proceedings initiated under Section 263 of the Income-tax Act, held that there...
Notification
RBI Issues Final Directions on Relief Measures in Areas Affected by Natural Calamities
The Reserve Bank of India (RBI) has issued final directions on relief measures to be extended in areas affected by natural calamities, marking a significant overhaul of the regulatory framework governing stress resolution, asset classification, and credit risk management across the banking and financial...
Other Laws
Supreme Court Upholds Deer Translocation from Delhi’s A.N. Jha Deer Park, Mandates Scientific Protocols and Welfare Safeguards
The Supreme Court of India has upheld the decision to translocate surplus deer from...
Other Laws
Arvind Kejriwal Writes to Delhi High Court, Cites “Inability in Conscience” to Continue Proceedings
Raising questions around judicial impartiality and conflict of interest, a detailed letter has been...
Direct Tax
Agricultural Land Not ‘Capital Asset’, No Basis to Treat Sale As Capital Gains: ITAT
The Income Tax Appellate Tribunal (ITAT), Delhi Bench, has set aside revisionary proceedings initiated...
Indirect Taxes
CESTAT Allows 12% Interest on Refund of Investigation Deposit from Date of Deposit; Rejects Claim for Interest on Interest
The Customs, Excise & Service Tax Appellate Tribunal (CESTAT), Ahmedabad Bench, has held that...
Direct Tax
No Basis to Doubt Loan Once Identity, Creditworthiness & Genuineness Established: ITAT Upholds Deletion of Rs. 2 Cr Addition
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has dismissed the Revenue’s...
Indirect Taxes
Dept. Can’t Travel Beyond SCN: CESTAT Allows Refund of CENVAT Credit Reversed Due to Audit Objection
The Customs, Excise & Service Tax Appellate Tribunal (CESTAT), Ahmedabad Bench, has allowed the...
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, marking a significant moment ahead of the presentation of the...
Money Hacks
10 Best Cryptocurrency Apps in India with Low Fees (2026 Edition)
With cryptocurrency adoption steadily rising in India, choosing the right trading app has become...
Money Hacks
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....
Direct Tax
No Addition Due to PAN Linkage—Cash Deposits in Trust’s Bank Account Can’t Be Taxed in Individual’s Hands Without Proof of Ownership: ITAT
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has held that mere...
CCI | GST | Direct Tax
CCI
CCI Approves Acquisition Of Jaiprakash Associates By Vedanta
The Proposed Combination envisages acquisition of Jaiprakash Associates Limited (JAL) by Vedanta Limited (Acquirer)...
CCI
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...
CCI
Mandatory Condition Of Prima Facie Anti-Competitive Agreements, Abuse Of Dominant Position Absent, CCI Can’t Direct Investigation: Gauhati High Court
The Gauhati High Court has held that the decision of the Competition Commission of...
CCI
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...
CCI
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
GST Demand of Rs. 363 Crore Against Vodafone Idea Quashed: Bombay High Court
The Bombay High Court has quashed Rs. 363 crore GST demand raised against Vodafone...
GST
Consolidated GST SCN Across Multiple Financial Years Permissible: Karnataka High Court
The Karnataka High Court has held that the issuance of consolidated or common show...
GST
Madras High Court Quashes Ex Parte GST Assessment Order, Grants Fresh Opportunity to Assessee After 23% Tax Recovery
The Madurai Bench of the Madras High Court has set aside an ex parte...
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
CESTAT Allows 12% Interest on Refund of Investigation Deposit from Date of Deposit; Rejects Claim for Interest on Interest
The Customs, Excise & Service Tax Appellate Tribunal (CESTAT), Ahmedabad Bench, has held that an assessee is entitled to interest at the rate of 12% per annum on amounts deposited during investigation, from the date of deposit till the date of refund, treating such...
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
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 Updates
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
Indirect Taxes
SEZ Unit To Refund Concession for Unused or Damaged Goods Under Rule 25: Punjab and Haryana High Court
The Punjab and Haryana High Court has dismissed the SEZ unit’s plea and held...
Columns
How to Surrender Your PAN Card ?
Having more than one Permanent Account Number (PAN) or holding an invalid or incorrect...
Indirect Taxes
Delhi High Court Issues Summons to Red Chillies Entertainment in Defamation Suit by Sameer Wankhede
The Delhi High Court has issued summons to Red Chillies Entertainment Pvt. Ltd., the...
Notification
Users Question GSTN’s “Time-Travel Glitch” as Old Maintenance Message Reappears
Users Question GSTN’s “Time-Travel Glitch” as Old Maintenance Message ReappearsConfusion erupted among taxpayers and...
Indirect Taxes
Gold Bought for Daughter’s Wedding Not Covered Under ‘Personal Effect’: Delhi High Court Orders Release After Fine and Penalty Payment
The Delhi High Court has ordered release of gold bought from Saudi Arabia for...
GST
8 Years of GST: India Crosses Rs. 22 Lakh Crore in Annual Collections; 1.53 Crore Active Taxpayers
As the Goods and Services Tax (GST) regime completes eight years, the latest government...
Direct Tax
Retrospective Abolition of Income Tax Settlement Commission Unconstitutional: Delhi High Court
The Delhi High Court has ruled that the retrospective abolition of the Income Tax...
Indirect Taxes
Customs’s Seizure Of Luxury Cars Owned By Only Muslim Film Stars From South India Has Communal Angle
Days after Malayalam actor Dulquer Salmaan challenged the seizure of his luxury car by...
Columns
Income Tax Dept. Intensifies Scrutiny on Savings Accounts: High-Value Cash Transactions, Interest Mismatches Under Lens
Savings accounts are often seen as low-risk, low-visibility banking instruments. But in the eyes...
Columns
How to file the ITR of a deceased person and claim any TDS refund?
When a taxpayer dies, routine financial tasks — including filing income-tax returns and claiming...
Indirect Taxes
Wintrack Shuts India Operations, Alleges Bribery and Harassment by Chennai Customs
Amid growing allegations of harassment and corruption against Chennai Customs, a tweet by an...
Columns
Cash Transaction Limits under the Income Tax Act : 2025 Update
Not all cash transactions are permitted under Indian tax laws. The Income Tax Act,...