GST
Supreme Court Issues Notice on Retrospective GST Penalty Challenge; Stays Coercive Action
The Supreme Court has issued notice in a significant Goods and Services Tax (GST) matter concerning the legality of retrospective imposition of penalty and...
Notification
Income Tax Dept. Launches Nationwide Verification of Suspicious Foreign Remittances
The Income Tax Department has launched a nationwide verification exercise into suspicious foreign remittances after its data analysis and ground intelligence identified several entities that allegedly remitted substantial amounts of foreign exchange abroad despite having limited or apparently inconsistent financial profiles.The exercise, announced by...
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...
Other Laws
Karnataka HC Records ASG Assurance That CISF Will Furnish Complete CCTV Footage to Ranya Rao in Gold Smuggling Case
The Karnataka High Court has recorded an assurance from Additional Solicitor General Arvind Kamath...
GST
Supreme Court Issues Notice on Retrospective GST Penalty Challenge; Stays Coercive Action
The Supreme Court has issued notice in a significant Goods and Services Tax (GST)...
Supreme Court
Rejection of S. 156(3) Application Does Not Bar Subsequent FIR: Supreme Court
The Supreme Court has held that rejection of an application under Section 156(3) of...
Supreme Court
KSRTC Bus Driver | Criminal Acquittal Does Not Displace Civil Negligence In Motor Accident Claims: Supreme Court
The Supreme Court held that criminal acquittal does not displace civil negligence in motor...
Supreme Court
Rival Land Title Claims Can’t Be Decided Through “Enjoyment Survey”: Supreme Court Quashes Lok Adalat Awards
The Supreme Court has ruled that disputes between rival claimants over entitlement and apportionment...
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...
Case Compilation
JURISHOUR | TAX LAW DAILY BULLETIN : 19 AUGUST, 2026
Here’s the Tax Law Daily Bulletin for August 19, 2026.GSTGST APPELLATE ORDER’S LIMITATION MUST...
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
Supreme Court Issues Notice on Retrospective GST Penalty Challenge; Stays Coercive Action
The Supreme Court has issued notice in a significant Goods and Services Tax (GST)...
GST
GST Demand Order Uploaded Only on Common Portal Doesn’t Trigger Appeal Limitation: Delhi High Court
The Delhi High Court has held that where a GST demand order is served...
GST
GST Refund Can’t Remain Locked in ITC When Business Has Closed: Allahabad High Court
The Allahabad High Court has held that where an assessee has permanently discontinued its...
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
Provisional Assessment Must Be Finalized Before S. 28 Action: CESTAT Quashes Customs Demand as Premature
The Chandigarh Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has set aside customs duty demands, penalties and redemption fines imposed in five appeals involving exports of rice, holding that proceedings under Section 28 of the Customs Act, 1962 cannot be...
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
End-to-End Air Cargo Services on Principal-to-Principal Basis Not ‘Business Auxiliary Service’, No Service Tax Payable: CESTAT
The Delhi Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT), has...
Indirect Taxes
Customs Dept. Illegally Relied On Statements Recorded U/s 108 Of Customs Act Without Following Mandatory Procedure U/s 138B: CESTAT
The Customs, Excise & Service Tax Appellate Tribunal (CESTAT), Delhi Bench, has quashed the...
Other Laws
Reserved Category Candidates Availing Relaxation Cannot Claim General Cadre Allocation in IFS: Supreme Court
The Supreme Court has held that a reserved category candidate who avails relaxation at...
GST
No General Penalty U/s 125 Once Late Fee Is Payable On Belated GSTR-9 Filing: Madras HC
The Madras High Court has held that once a registered person is liable to...
Company & PMLA
Promoter’s Fund-Infusion Undertaking Is Not a Corporate Guarantee Under Contract Law: Supreme Court
The Supreme Court has held that a promoter’s undertaking to infuse funds into a...
Indirect Taxes
Aluminium Mushroom Racks Are Taxable ‘Structures’, Not Customs Duty Free Parts of Agricultural Machinery: Supreme Court
The Supreme Court has held that aluminium shelving used in mushroom cultivation cannot be...
GST
Supreme Court Upholds Validity of Consolidated GST SCN in Fraudulent ITC Cases
The Supreme Court has refused to interfere with a judgment of the Delhi High...
Other Laws
Student Can’t Suffer for University’s Clerical Error: Supreme Court Directs University to Release Law Graduate’s Marksheets, Degree
While protecting the academic and professional rights of students, the Supreme Court of India...
Company & PMLA
Banks Can’t Freeze Company Accounts Over Internal Management Disputes Without Court Order: Calcutta HC
The Calcutta High Court has held that banks cannot freeze company accounts over internal...
GST
No Stay On Bombay HC’s Order Allowing Inter-State Transfer of Unutilised GST ITC After Amalgamation; SC Issues Notice
The Supreme Court did not grant stay but has issued the notice to the...
GST
Composite GST SCN U/s 74 Invalid: Karnataka HC
The Karnataka High Court has quashed a GST demand order issued under Section 74...
GST
GST Recovery From Third-Party Company Quashed; Karnataka HC Reaffirms Limits on Garnishee Proceedings
While reinforcing the doctrine of corporate separateness and procedural safeguards under GST law, the...