Other Laws
Supreme Court Imposes Rs. 10 Lakh Costs On Reliance Industries
The Supreme Court upheld the Bombay High Court’s approach and imposed costs of ₹10 lakh on Reliance Industries, payable to the Supreme Court Advocates-on-Record...
Notification
Tribunals Reforms Act, 2026: CESTAT, ITAT, NCLAT, SAT and DRTs Brought Under Common Framework With National Tribunals Commission
The Tribunals Reforms Act, 2026 has received Presidential assent, introducing a common framework for the appointment, tenure, removal and service conditions of Chairpersons and Members of several major tribunals, including CESTAT, ITAT, NCLAT, SAT and DRTs. The Act also provides for the establishment of...
Other Laws
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...
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
Supreme Court Imposes Rs. 10 Lakh Costs On Reliance Industries
The Supreme Court upheld the Bombay High Court’s approach and imposed costs of ₹10...
Notification
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...
Direct Tax
Can Strategic Investments Escape S. 14A Disallowance? ITAT Holds Rule 8D Can Apply After AO Records Satisfaction
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has held that strategic...
Direct Tax
BBC Global News: ITAT Restricts Profit Attribution to Indian DAPE at 12%, Rejects 15% Enhancement
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has partly allowed a...
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...
Notification
Tribunals Reforms Act, 2026: CESTAT, ITAT, NCLAT, SAT and DRTs Brought Under Common Framework With National Tribunals Commission
The Tribunals Reforms Act, 2026 has received Presidential assent, introducing a common framework for...
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
GST Levy on Corporate Guarantees Upheld: Gujarat HC
The Gujarat High Court has delivered a significant ruling on the GST treatment of...
GST
Calcutta High Court Allows Appeal Against Ex Parte GST Order After Medical Emergencies Prevented Reply to SCN
The Calcutta High Court has permitted a registered GST taxpayer to pursue a statutory...
GST
S. 74 GST Notice Must Spell Out Statutory Ingredients for Invoking Extended Tax Demand Proceedings: Allahabad High Court
The Allahabad High Court, Lucknow Bench, has quashed a show cause notice issued under...
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
Hydraulic Oil Liable to Entry Tax Under KTEG Act, Says ‘And Others’ Covers Unenumerated Petroleum Products: Karnataka HC
The Karnataka High Court has upheld the levy of entry tax on hydraulic oil brought into a local area for use in the manufacture of hydraulic cylinders, holding that hydraulic oil falls within the ambit of Entry 67 of the First Schedule to 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
Notification
Centre Appoints Ashish Yadav as Director in 8th Central Pay Commission
The Central Government has approved the appointment of Ashish Yadav, IDAS (2012), as Director...
GST
GST Portal Enables Online Application for Unbarring of Barred Returns
The Goods and Services Tax Network (GSTN) has operationalised a new online facility titled...
Direct Tax
Assessment Order Invalid if Passed by Officer Lacking Pecuniary Jurisdiction: ITAT
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has quashed an assessment...
Direct Tax
Advance Tax Paid on Due Date via Net Banking Can’t Attract Interest for System Delay: ITAT
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has ruled that interest...
Direct Tax
Penalty for Non-Disclosure of Foreign Assets Is Not Automatic Under Black Money Act: ITAT
The Bangalore Bench of the Income Tax Appellate Tribunal (ITAT) has held that penalty...
GST
Voluntary GST Payments Can Be Treated as Mandatory Pre-Deposit for Appeal: Allahabad High Court
The Allahabad High Court has ruled that amounts voluntarily deposited by a taxpayer during...
GST
UltraTech Cement Accused Of Availing Excess ITC: GST Dept. Confirms Over Rs. 30 Crore Tax, Interest, Penalty
UltraTech Cement Limited has disclosed that it has received two separate orders from the...
Indirect Taxes
CENVAT Credit Can’t Be Denied Merely Because Expenses Are Booked at Head Office: CESTAT
The Chandigarh Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has...
Indirect Taxes
Services to Foreign Universities Are Export, Not Intermediary Services: CESTAT
The Chandigarh Bench of Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has set...
Indirect Taxes
CENVAT Credit Not Allowed on Fuel Used to Generate Electricity Wheeled Out to Grid: CESTAT
The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Chandigarh Bench, has held that...
Indirect Taxes
Adda Fees Collected at Bus Terminal Not Taxable as ‘Business Support Service’: CESTAT Chandigarh
The Chandigarh Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) held...
Indirect Taxes
CENVAT Credit Allowed on Construction-Related Services Used for Renting of Immovable Property: CESTAT
The Chandigarh Bench of Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has set...