JURISHOUR | TAX LAW DAILY BULLETIN : FEBRUARY 24, 2026

Here’s the Tax Law Daily Bulletin for February 24, 2026.GSTMERITS MUST PREVAIL OVER TECHNICAL DELAY IN GST LATE FEE DISPUTE: RAJASTHAN HC ALLOWS APPEAL...

Govt. Expands Export Promotion Mission with 7 New Interventions To Benefit MSME

The Government has expanded the Export Promotion Mission (EPM) with the launch of seven additional interventions, taking the total number of operational measures under the Mission to ten. With a financial outlay of Rs. 25,060 crore for the period FY 2025–26 to FY 2030–31, the...

Murder Conviction Can’t Be Sustained Solely on Circumstantial Evidence and S. 27 Recovery: Supreme Court

The Supreme Court of India has upheld the conviction in the murder case affirming...

2G Spectrum | Supreme Court Clarifies Start Date for Reserve Price Liability Post-2G Licence Cancellation

In a ruling arising out of the 2G spectrum litigation, the Supreme Court has...

JURISHOUR | TAX LAW DAILY BULLETIN : FEBRUARY 24, 2026

Here’s the Tax Law Daily Bulletin for February 24, 2026.GSTMERITS MUST PREVAIL OVER TECHNICAL...

S. 7 IBC Applications Must Be Admitted in Absence of DTD-Compliant Restructuring: Supreme Court

The Supreme Court has held that Section 7 IBC applications must be admitted in...

IBC Can’t Override Benami Attachment: Supreme Court Dismisses Liquidators’ Appeals with Rs. 5 Lakh Costs

The Supreme Court has ruled that attachment and confiscation proceedings initiated under the Prohibition...

Govt. Expands Export Promotion Mission with 7 New Interventions To Benefit MSME

The Government has expanded the Export Promotion Mission (EPM) with the launch of seven...

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...

Invest in Copper ETF with Rs. 10 Only

Copper has emerged as a strategically important metal in the global economy due to...

Why Silver Prices Are Skyrocketing — And How China’s Export Policy Is Reshaping the Global Market?

Silver prices have surged to multi-year and near-record highs in 2025, significantly outperforming gold...

IBC Overrides Defunct Companies Act Scheme: SC Restores CIRP Against Corporate Debtor

The Supreme Court has held that a long-pending and procedurally non-compliant Scheme of Arrangement...

CCI | GST | Direct Tax

CCI Approves Acquisition Of Jaiprakash Associates By Vedanta 

The Proposed Combination envisages acquisition of Jaiprakash Associates Limited (JAL) by Vedanta Limited (Acquirer)...

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...

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...

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...

CGST Commissioner Relied On AI Generated Case Laws Without Reading Actual Judgements: Gujarat HC To Lay Down Guidelines 

The Gujarat High Court has stated that there is a need to lay down...

18% GST On Paper Bags: AAR

The Rajasthan Authority of Advance Ruling (AAR) has ruled that  paper bags are appropriately...

No Separate GST Registration Needed in Rajasthan Solely Due to Place of Supply: AAR

The Rajasthan Authority of Advance Ruling (AAR) has held that the GST registration is...

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

BPCL Hit with Rs. 1,816 Crore Excise Demand, To Challenge Order Before CESTAT

State-owned oil marketing major Bharat Petroleum Corporation Limited (BPCL) has been slapped with a massive tax demand of ₹1,816.65 crore by the Commissioner of Central Tax and Central Excise, Kochi, the company disclosed in a regulatory filing to the BSE Limited on Monday.The order,...

EU and India Finalise Historic Free Trade Agreement, Creating One of the World’s Largest Trade Zones

In a landmark development for global trade, the European Union and India have concluded...

China Permits 44 Companies To Export Silver For 2026–27

According to a statement issued by China’s Ministry of Commerce on Tuesday, a total...

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 | 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

Police Can’t Order Further Investigation After Closure Report Without Court’s Permission: Supreme Court

The Supreme Court has ruled that once a closure report filed under Section 173(2)...

Lower Pay Amounts To “Forced Labour”: Supreme Court Orders Rs. 17K Honorarium for UP Upper Primary Instructors, Calls 

The Supreme Court has directed the State of Uttar Pradesh to pay an honorarium...

Top CA Services for NRIs in India

Non-Resident Indians (NRIs) often deal with complex financial and regulatory requirements in India due...

How To Respond to Notices U/s.142(1) of Income-tax Act, 1961?

Notices issued under Section 142(1) of the Income-tax Act, 1961 are among the most...

NRIs Are Getting TAX NOTICE In India! Why?

Receiving an Income Tax notice from the Indian Income Tax Department can be unsettling...

Wrong Deduction Claim Alone Doesn’t Attract Penalty If MAT Tax Is Paid: ITAT

The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has held that merely...

Arbitration Clause Can’t Be Challenged After Court Appoints Arbitrator: Supreme Court

The Supreme Court has ruled that when an arbitrator is appointed by a court...

MSMED Act Applicable to Works and Service Contracts, Not Limited to Goods Supply: Madras High Court

The Madras High Court has held that claims arising out of works and service...

ITC Can’t Be Denied on Limitation Grounds After S. 16(5) Amendment: Madras High Court

The Madurai Bench of the Madras High Court has ruled that input tax credit...

GST Orders for FY 2024–25 Can’t Be Passed Under Omitted S. 73, 74; Must Follow S. 74A: Madras HC

The Madurai Bench of the Madras High Court has ruled that GST proceedings relating...

GoldBees vs Gold ETF: A Detailed Comparison for Indian Investors (2026)

As gold continues to play a critical role as a hedge against inflation, currency...

Selling Goods Below Cost Doesn’t Justify Denial of ITC: Andhra Pradesh High Court

The Andhra Pradesh High Court has ruled that selling goods at a price lower...