Govt. Subsidies Not Directly Attributable To Acquisition Of Specific Capital Assets, Taxable As Income: ITAT

The Pune Bench of the Income Tax Appellate Tribunal (ITAT) has held that government subsidies which are not directly attributable to the acquisition of...

Bengaluru CGST | GST Backlog Appeals Deadline Fixed at June 30, 2026

The Office of the Principal Chief Commissioner of Central Tax, Bengaluru Zone, has issued Trade Notice notifying that June 30, 2026 has been fixed as the last date for filing backlog appeals before the GST Appellate Tribunal. The Trade Notice, issued pursuant to the recommendations...

Supreme Court Grants Pension Relief to Women Air Force Officers

The Supreme Court has granted major relief to Short Service Commission Women Officers (SSCWOs)...

State Can’t Unilaterally Decide Breach and Bar Legal Remedies: Supreme Court Restores Arbitral Award

The Supreme Court has held that a State authority cannot unilaterally determine breach of...

Govt. Subsidies Not Directly Attributable To Acquisition Of Specific Capital Assets, Taxable As Income: ITAT

The Pune Bench of the Income Tax Appellate Tribunal (ITAT) has held that government...

BREAKING | Arrest of Fino Payments Bank CEO in Rs. 840 Crore GST Evasion Case Upheld: Telangana High Court

The Telangana High Court has dismissed a writ petition filed by Shri Rishi Nand...

Lok Sabha Clears Finance Bill 2026: Know Key Reforms

The Lok Sabha on Wednesday passed the Finance Bill 2026, incorporating 32 government amendments,...

No Addition on Alleged Bogus Purchases Without Evidence: ITAT

The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has held that no...

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...

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....

RBI Tightens Bank Lending Norms for Stock Brokers

In a major regulatory move, the Reserve Bank of India (RBI) has unveiled a...

Consolidated GST SCN For Multiple FY Under Section 74 Is Impermissible: Bombay High Court 

The Bombay High Court (Nagpur Bench) has quashed a show cause notice issued under...

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...

BREAKING | Arrest of Fino Payments Bank CEO in Rs. 840 Crore GST Evasion Case Upheld: Telangana High Court

The Telangana High Court has dismissed a writ petition filed by Shri Rishi Nand...

Consolidated GST SCN For Multiple FY Under Section 74 Is Impermissible: Bombay High Court 

The Bombay High Court (Nagpur Bench) has quashed a show cause notice issued under...

Supreme Court Stays Coercive Action in GST Dispute Involving Gaming Firm

The Supreme Court  has directed that no coercive action be taken in a high-stakes...

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

‘Intended Use’ vs ‘Actual Use’: Supreme Court Examines Scope of Excise Duty Exemption in Fertilizer Sector Case

The Supreme Court has examined the scope of excise duty exemptions in cases involving mixed or indirect use of inputs, placing the spotlight on the interpretation of “intended use” versus actual use under exemption notifications.The dispute arose from a long-standing excise duty demand raised...

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...

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

CBI Probes Vijayawada Customs Officer in ₹1.4 Crore Disproportionate Assets Case

The Central Bureau of Investigation (CBI) has initiated a probe against Yendamuri Srinivas, a...

Delhi Zone CGST Introduces Grievance Redressal Mechanism for GST Registration Issues

In a significant step aimed at improving taxpayer services, the Office of the Principal...

STBA Flags Key GST Issues Ahead of GRC Meeting 

In anticipation of the upcoming Grievance Redressal Committee (GRC) meeting scheduled for May 23,...

DGGI Arrests Solapur-Based Lawyer Rs. 100 Crore Fake GST Invoice Scam

The Directorate General of GST Intelligence (DGGI) has apprehended Solapur-based lawyer Sajid Ahmed Sheikh...

NCB Seizes 300 Kg Ganja Worth ₹1.48 Crore in Massive Interstate Drug Bust in Rajasthan

Major Operation at Sonwa Toll Plaza Exposes Drug Trafficking Network.In a major victory against...

Disposal Of Red Sanders Seized By DRI And Customs Field Formations: CBIC

The Central Board of Indirect Taxes and Customs (CBIC) has issued the instructions related...

SGST Lucknow HQ Prepares Chargesheets Against Addl. Comm (Appeals) Over Pro-Assessee Orders on Legal Grounds

The SGST Lucknow HQ Prepares chargesheets against additional commissioner (appeals) over pro-assessee orders on...

UN Revises India’s 2025 Growth Forecast to 6.3%: Decoding the Numbers and Navigating the Road Ahead

The United Nations, in its World Economic Situation and Prospects (WESP) 2025 Mid-Year Update,...

Choosing Right ITR Form: What Home Tutors Need to Know This Tax Season

As the Income Tax Return (ITR) filing season for FY 2024-25 begins, many small...

Delhi High Court Stays CAG Audit of Ajmer Sharif Dargah Accounts Citing Non-Compliance With Legal Prerequisites

The Delhi High Court has stayed the proposed audit of Ajmer Sharif Dargah’s accounts...

The Hullaballoo on Supreme Court decision regarding Payment of Pre-Deposit from Electronic Credit Ledger

This Article pertaining to The Hullaballoo on Supreme Court decision regarding payment of pre-deposit from...

Non-Bailable Warrant Against Arjun Rampal in 2019 Tax Evasion Case Quashed: Bombay High Court 

The Bombay High Court has set aside a non-bailable warrant issued against Bollywood actor...