Finance Bill 2026 Clarifies 12% Surcharge on Promoters’ Buyback Gains

The government has issued a clarification regarding a key amendment introduced through the Finance Bill, 2026, specifying the applicability of a 12% surcharge on...

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 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...

Supreme Court Upholds Power Plant Tender Award, Reiterates Limited Scope of Judicial Review in Contractual Matters

The Supreme Court of India has set aside a Gujarat High Court ruling that...

Finance Bill 2026 Clarifies 12% Surcharge on Promoters’ Buyback Gains

The government has issued a clarification regarding a key amendment introduced through the Finance...

CENVAT Credit Allowed on GTA Services for FOR Destination Sales, Clarifies ‘Place of Removal’ as Buyer’s Premises: CESTAT

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

Cenvat Credit on Stock Listing, Share Transfer, Insurance Services Allowed: CESTAT

In a significant ruling, the Customs, Excise & Service Tax Appellate Tribunal (CESTAT), Ahmedabad...

Rejection of Reassessment and Bill of Entry Substitution: CESTAT Denies Retrospective Benefit of Cotton Import Duty Exemption

The Delhi Bench of Customs, Excise and Service Tax Appellate Tribunal (CESTAT) while denying...

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...

Refund of Transitional Cenvat Credit Time-Barred Despite COVID Limitation Relief: CESTAT

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

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 on Betting: Ambiguity Persists Over Taxing Platform Fees

A fresh wave of uncertainty has gripped India’s online gaming industry following the intervention...

GST Rate Dispute on Works Contracts: Andhra Pradesh High Court Rules TTD Qualifies as ‘Governmental Authority’, Remands Matter for Eligibility Determination

The Andhra Pradesh High Court has held that the Tirumala Tirupati Devasthanams (TTD) qualifies...

Strict Interpretation of Export Notification Upheld: Karnataka High Court Denies 0.1% GST Concession on Supplies to Third-Party Manufacturers 

The Karnataka High Court has held that 0.1% concessional GST benefits under Notification No....

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

CENVAT Credit Allowed on GTA Services for FOR Destination Sales, Clarifies ‘Place of Removal’ as Buyer’s Premises: CESTAT

The Customs, Excise & Service Tax Appellate Tribunal (CESTAT), Mumbai Bench, has held that manufacturers are eligible to avail CENVAT credit on Goods Transport Agency (GTA) services used for outward transportation up to the customer’s premises, provided the sale is on a FOR (Free...

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

Customs Duty | Engineering And Technical Service Fees Includible In Assessable Value Of Imported Goods: Supreme Court

The Supreme Court has held that the engineering and technical service fees/charges were includable...

Monetary Limits For Filing Income Tax Appeals By Dept. Before High Court Enhanced To Rs. 2 Crores: Chhattisgarh High Court

The Chhattisgarh High court has held that the monetary limits for filing income tax...

Members Of Bar Association Can’t file Writs Against Bar Association: Bombay High Court

The Bombay High Court has held that the members of Bar Association cannot file...

CBI Books Four CGST Officials for Illegal Search and Attempt to Extort Private Firm in Nagpur

In a significant crackdown on corruption within government ranks, the Central Bureau of Investigation...

A Proud Moment: Advocate Rakesh Chitkara Joins JurisHour as Mentor and Editor-in-Chief

It is a moment of immense pride and celebration for the legal and policy...

5% VAT On Sale Of Liquid Carbon Dioxide: Andhra Pradesh High Court

The Andhra Pradesh High Court has held that 5% Value Added Tax (VAT) on...

PM Modi Inaugurates Vizhinjam International Seaport, Placing Kerala on the Global Maritime Map

Prime Minister Narendra Modi on Thursday inaugurated the Vizhinjam International Seaport, India’s first deep-water...

Non-Issuance Of Notice Caused No Prejudice As Case Clearly Spelt Out In Audit Report: Himachal Pradesh High Court

The Himachal Pradesh High Court has held that non-issuance of notice caused no prejudice...

Is India and Pakistan Financially Ready For A War In 2025?

The enduring tensions between India and Pakistan have not only led to significant human...

Arvind Shrivastava Takes Charge As Revenue Secretary

Arvind Shrivastava, took charge as the Secretary, Department of Revenue, Ministry of Finance, today...

Income Tax Slab for FY 2024–25: A Detailed Guide

The Indian government has implemented significant changes to the income tax structure for the...

Bombay High Court Deletes Bail Condition Requiring Surrender of Passport in Rs. 5 Crore Gold Smuggling Case

The Bombay High Court has deleted the bail condition requiring surrender of passport in...