S. 68 Can’t Be Used to Tax Rs. 10 Crore Advance in Wrong AY: Delhi High Court

The Delhi High Court has rejected the Income Tax Department’s appeal against an order of the Income Tax Appellate Tribunal (ITAT), holding that an...

DGFT Revises Import Policy for Clear Float Glass; Imports Below Rs. 34,000 Per MT CIF Value Restricted

The Directorate General of Foreign Trade (DGFT), under the Ministry of Commerce & Industry, has amended the import policy and policy conditions governing clear float glass of thickness 4 mm to 12 mm falling under ITC (HS) Codes 70051090 and 70052990.  The government has shifted...

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...

S. 68 Can’t Be Used to Tax Rs. 10 Crore Advance in Wrong AY: Delhi High Court

The Delhi High Court has rejected the Income Tax Department’s appeal against an order...

Deputy Commissioner Competent to Issue GST Penalty Notice U/s 122: Allahabad High Court 

The Allahabad High Court has declined to interfere with a GST penalty proceeding challenged...

Mere Uploading Notice On GST Portal May Not Trigger Appeal Limitation: Allahabad High Court 

The Allahabad High Court has raised a significant issue concerning the validity of serving...

Dept. Must Prove PAN-Linked Transactions Belong to Assessee in Identity Theft Reassessment Case: Allahabad High Court

The Allahabad High Court has clarified that while the Income Tax Department may initiate...

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...

DGGI Meerut | Allahabad High Court Grants Bail in ₹293.68 Crore Fake ITC Case

The Allahabad High Court has granted bail to an accused in a major Goods...

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)...

Deputy Commissioner Competent to Issue GST Penalty Notice U/s 122: Allahabad High Court 

The Allahabad High Court has declined to interfere with a GST penalty proceeding challenged...

DGGI Meerut | Allahabad High Court Grants Bail in ₹293.68 Crore Fake ITC Case

The Allahabad High Court has granted bail to an accused in a major Goods...

GST Penalty Proceedings Must Be U/s 129(1)(a) Where Goods Are Accompanied by Tax Invoice: Allahabad High Court

The Allahabad High Court has partly allowed a writ petition concerning detention of goods...

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

Kolkata Customs Seizes USD 1.30 Lakh from 2 Indian Passengers at NSCBI Airport

Kolkata Customs’ Air Intelligence Unit (AIU) intercepted two Indian passengers at Netaji Subhas Chandra Bose International Airport (NSCBI Airport), Kolkata, on August 19, 2026, in connection with a suspected foreign-currency violation. The passengers were intercepted while travelling on Flight TG 314 operating from Kolkata (CCU)...

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

LTCG Exemption on Equity Gains for Under-Construction Home: How Joint Buyers Can Claim Section 54F Benefit Over Multiple Years

A taxpayer who jointly purchased an under-construction residential property with his daughter in October...

CBI Drops Businessman from NCLT Bribery Case; Chargesheet Filed Against Deputy Registrar for Alleged Rs. 3 Lakh Bribe

The Central Bureau of Investigation (CBI) has filed a chargesheet against Charan Pratap Singh,...

Massive Breakthrough in Modi Government’s ‘Drug-Free India’ Drive:NCB–Delhi Police Bust International Drug Cartel

In a major strike against international narcotics trafficking, the Narcotics Control Bureau (NCB), in...

Bombay HC Refuses to Discharge CGST Superintendent Accused Of Demanding Rs. 1K Bribe For Processing GST Registration

The Bombay High Court at Aurangabad has dismissed a criminal revision application filed by...

Bombay High Court Disposes of PIL Seeking GST Recovery from Solapur Sugar Factory

The Bombay High Court’s Kolhapur Bench has disposed of a Public Interest Litigation (PIL)...

‘Limited Space on GST Portal’ Used for Issuing Vague ITC Notice: Chhattisgarh HC Orders Disclosure of All Supporting Documents

The Chhattisgarh High Court while noting that there is a limited space on the...

Rajasthan HC Grants Bail to Businessman Accused in Rs. 1,543 Crore GST Evasion Case

The Rajasthan High Court at Jaipur has granted bail to Kamal Kishor Agarwal, who...

Lottery Cyber Scam: Chhattisgarh High Court Rejects Anticipatory Bail of Youth Accused in Obtaining ₹2.20 Lakh Under The Pretext Of GST, Income Tax

The Chhattisgarh High Court has refused to grant anticipatory bail to 21-year-old Aazad Hussain,...

PMLA Timelines Can’t Be Extended Using COVID-19 Limitation Orders: Bombay HC Declares ED’s Attachment Order Lapsed 

The Bombay High Court has held that the Enforcement Directorate (ED) cannot rely on...

Delhi HC Slams GST Dept. for ‘Mechanical’ Cancellation of boAt Parent’s Registration; Restores GSTIN, Imposes Rs. 25K Cost

The Delhi High Court has set aside the cancellation of GST registration of Imagine...