NFRA Flags Deficiencies in 6 More Audit Firms

The National Financial Reporting Authority (NFRA) has released six fresh inspection reports highlighting significant shortcomings in the functioning of major audit firms, including Deloitte...

Unequal Treatment of Assessees | ITAT Bar Association Urges Even-Handed Policy on Adjournments

The Income Tax Appellate Tribunal (ITAT) Bar Association, New Delhi, has formally urged the Tribunal’s Vice President to adopt a uniform and balanced approach in dealing with adjournment requests, highlighting concerns over what it describes as an emerging disparity between assessees and the Department.The...

Re-Determination of Land Compensation Can Be Based on Appellate Court Awards, Clarifies Scope of S. 28-A: Supreme Court 

The Supreme Court of India has held that re-determination of compensation under Section 28-A...

Supreme Court Holds Renewable Energy Incentive Must Benefit Generators, Not Be Adjusted in Tariff

The Supreme Court of India has held that Generation-Based Incentives (GBI) provided by the...

NFRA Flags Deficiencies in 6 More Audit Firms

The National Financial Reporting Authority (NFRA) has released six fresh inspection reports highlighting significant...

GST Designed to Be Fair, Uniform and Pro-Poor, Says Nirmala Sitharaman in Rajya Sabha

The Union Finance Minister Nirmala Sitharaman on Friday asserted in the Rajya Sabha that...

Penalty Unsustainable When Imports Cleared on Valid Pre-Shipment Certificate: CESTAT

The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Kolkata Bench, has set aside...

GST Exemption Applies Only To  Individual And Not Group Insurance Policies: Kerala High Court

The Kerala High Court has held that GST exemption applies only to  individual and...

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...

FIR Filed Against IRS Amit Ghawate NCB Zonal Director in Navi Mumbai Builder Suicide Case

An FIR has been registered on March 27, 2026, at the NRI Sagari Police...

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...

GST Designed to Be Fair, Uniform and Pro-Poor, Says Nirmala Sitharaman in Rajya Sabha

The Union Finance Minister Nirmala Sitharaman on Friday asserted in the Rajya Sabha that...

GST Dept. Can’t Deny ITC or Recover Tax Without Allowing Correction of Return Mismatches: Gauhati High Court

The Gauhati High Court has set aside a GST demand order, holding that tax...

GST Exemption Applies Only To  Individual And Not Group Insurance Policies: Kerala High Court

The Kerala High Court has held that GST exemption applies only to  individual and...

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

Penalty Unsustainable When Imports Cleared on Valid Pre-Shipment Certificate: CESTAT

The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Kolkata Bench, has set aside a penalty of Rs. 2.48 lakh imposed on a garment importer, holding that the pre-shipment certificate issued by the Bangladesh University of Textiles was valid and that no offence was...

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

Disciplinary Action Against Foreign Lawyers Will Be Same As Indian Lawyers: BCI

The Bar Council of India has framed the Bar Council of India Rules by...

CA vs CS vs CMA: Which Career is Right for You in 2026?

Choosing the right professional course after 12th or graduation can significantly impact your career...

Money Laundering in India: Know Your Law

Money laundering is not just a financial crime—it is a gateway to funding terrorism,...

India Tightens FEMA Compliance: What Businesses and Individuals Need to Know in 2025

As India’s economic footprint grows globally, the government is stepping up enforcement under the...

Form 16 Not Mandatory for ITR Filing Anymore, But Still Crucial for Taxpayers – Here’s Why

With the income tax filing season for Assessment Year 2025–26 (Financial Year 2024–25) approaching,...

Excise Duty Under Sugar Cess Act Can’t Be Claimed As Cenvat Credit: Calcutta High Court

The Calcutta High Court has held that the excise duty under Sugar Cess Act...

Income Tax Exemption On Ten Year Zero Coupon Bond of IRFC: CBDT

The Central Board of Direct Taxes (CBDT) has notified the income tax exemption on...

JOB VACANCY At ICSI: CA, CS, CMA Or LLB May Apply [READ CIRCULAR]

The Institute of Company Secretaries of India (ICSI), a statutory body under the Company...

Indian Bank Exempted From S. 19(2) of Banking Regulation Act, 1949

The Ministry of Finance has notified the grant of an exemption to Indian Bank...

Product Support Service By Coal India For Import Of Goods Covered Under Customs Valuation Rules: Supreme Court

The Supreme Court has held that the services rendered by the Indian agent, Coal...

Customs Duty Exemption On Crude Degummed Soyabean Oil: Supreme Court

The Supreme Court has held that the Customs Duty Exemption is available on Crude...

Former CBEC Chairman Sumit Dutt Majumder Launches Fifth Book on GST in Delhi: “GST After About Eight Years – An Evaluation”

In a momentous gathering of tax experts, bureaucrats, and thought leaders, Mr. Sumit Dutt...