Procedural E-Way Bill Lapse Alone Can’t Justify Penalty Where Genuine Transaction and Absence of Tax Evasion Are Established: GSTAT

The GST Appellate Tribunal (GSTAT), Lucknow Bench has held that procedural e-way bill lapse alone cannot justify penalty where genuine transaction and absence of...

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...

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...

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...

Procedural E-Way Bill Lapse Alone Can’t Justify Penalty Where Genuine Transaction and Absence of Tax Evasion Are Established: GSTAT

The GST Appellate Tribunal (GSTAT), Lucknow Bench has held that procedural e-way bill lapse...

Toll Plaza Data Not Mandatory for ITC Refund: GSTAT

The Goods and Services Tax Appellate Tribunal (GSTAT), Kolkata Bench, has held that toll...

Satellite Transponder Capacity Received from Foreign Providers Not Taxable as Business Support Service: CESTAT

The Customs, Excise & Service Tax Appellate Tribunal (CESTAT), Mumbai Bench has held that...

Services to Singapore Head Office Not ‘Intermediary Services’: CESTAT 

The Mumbai Bench of the Customs, Excise & Service Tax Appellate Tribunal (CESTAT) has...

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...

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...

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...

Allahabad High Court Pulls Up Centre Over 63 Vacancies in Uttar Pradesh GST Appellate Tribunals

The Allahabad High Court has strongly criticised the Union Government over the continued failure...

CCI | GST | Direct Tax

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...

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...

Markets Trade Flat Ahead of Union Budget 2026-27

Equity benchmark indices traded in a narrow range on Sunday morning as investors remained...

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 Approves Acquisition Of Jaiprakash Associates By Vedanta 

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

Procedural E-Way Bill Lapse Alone Can’t Justify Penalty Where Genuine Transaction and Absence of Tax Evasion Are Established: GSTAT

The GST Appellate Tribunal (GSTAT), Lucknow Bench has held that procedural e-way bill lapse...

Toll Plaza Data Not Mandatory for ITC Refund: GSTAT

The Goods and Services Tax Appellate Tribunal (GSTAT), Kolkata Bench, has held that toll...

Allahabad High Court Pulls Up Centre Over 63 Vacancies in Uttar Pradesh GST Appellate Tribunals

The Allahabad High Court has strongly criticised the Union Government over the continued failure...

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

Satellite Transponder Capacity Received from Foreign Providers Not Taxable as Business Support Service: CESTAT

The Customs, Excise & Service Tax Appellate Tribunal (CESTAT), Mumbai Bench has held that satellite transponder capacity obtained from foreign satellite service providers for providing international long-distance, enterprise data and internet services could not be classified as Business Support Services (BSS) for levy of...

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...

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...

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

No Service Tax on Media Incentives Received by Advertising Agency: Delhi High Court

The Delhi High Court has dismissed the Revenue Department’s appeal and affirmed that incentives...

Centre Can’t Issue Retrospective DGFT Notifications; Delhi High Court Partly Restores TMA Benefits for Chilli Exporters

The Delhi High Court while partly allowing a petition filed by the Chillies Exporters...

Corporate Debtor’s ‘Cash Payment’ Defence Termed Contrived and Unsupported: NCLAT Upholds Insolvency Admission

The National Company Law Appellate Tribunal (NCLAT), Principal Bench, New Delhi, has dismissed an...

ICAI Issues Handbook on Foreign Trade Policy – Incentives, Schemes & Related FAQs

The Institute of Chartered Accountants of India (ICAI) has released the updated 2025 edition...

Income Tax Dept. Turns Spotlight on Credit Card Reward Misuse

A new wave of income-tax scrutiny is sweeping across India — and this time,...

Income Tax Dept. Seeks Justification for Household Expenses, Including Haircuts and Perfumes

In a move that signals a sharp shift in the intensity of individual tax...

Punishment Includes Power To Forgive | Contempt Powers Not Meant To Shield Judges Or Silence Criticism: SC 

The Supreme Court held that contempt powers are not meant to shield judges or...

March 31, 2026 Is the Final Cut-Off for Correcting TDS/TCS Returns for FY 2018-19 to FY 2023-24

A critical deadline is approaching for all TDS/TCS deductors across India. The date of...

Red Flags In BOAT’s Auditor Report 

Consumer electronics brand BOAT has come under scrutiny after its Statutory Auditors flagged a...

Your Instagram Reel Today Can Become A GST Evidence Exhibit Tomorrow

In a significant reminder for small businesses, influencers, and service providers who use social...

ICAI Issues Clarified CPE Requirements for 2023 Onwards; Confusion Persists Over 2+2 Structured Hours

The Institute of Chartered Accountants of India (ICAI) has released a comprehensive clarification on...

Refund Can’t Be Withheld on Alleged Excess ITC Without SCN: Delhi HC 

The Delhi High Court held that the department cannot deny or withhold refunds merely...