Direct Tax
Section 197 Certificate Applies to Entire Assessment Year: High Court of Madhya Pradesh Dismisses Revenue’s TDS Default Claims Against NHAI
The High Court of Madhya Pradesh has held that a certificate issued under Section 197 of the Income Tax Act is valid for the...
Notification
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 Haskins & Sells, Walker Chandiok & Co, and Singhi & Co. The findings point to gaps in quality control frameworks and...
Other Laws
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...
Other Laws
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...
Direct Tax
Section 197 Certificate Applies to Entire Assessment Year: High Court of Madhya Pradesh Dismisses Revenue’s TDS Default Claims Against NHAI
The High Court of Madhya Pradesh has held that a certificate issued under Section...
Direct Tax
Nominee Director Not Immune from Prosecution in TDS Default Cases; Trial Necessary to Determine Liability: Madhya Pradesh High Court
The Madhya Pradesh High Court has held that a nominee director cannot claim blanket...
Columns
Principles of Natural Justice Under GST Law
The Principles of Natural Justice form the bedrock of fair adjudication in taxation laws,...
GST
ITC Relief to Bona Fide Buyers: S. 16(2)(c) and R. 36(4) Read Down to Allow ITC To Bonafide Recipients from Supplier Default: Karnataka HC
The Karnataka High Court has read down Section 16(2)(c) of the CGST Act and...
Live Updates
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...
Money Hacks
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....
Columns
RBI Tightens Bank Lending Norms for Stock Brokers
In a major regulatory move, the Reserve Bank of India (RBI) has unveiled a...
Notification
CBDT Extends Deadline for Issuance of TDS Certificates for December Quarter
The Central Board of Direct Taxes (CBDT) has extended the due date for issuance...
CCI | GST | Direct Tax
CCI
CCI Approves Acquisition Of Jaiprakash Associates By Vedanta
The Proposed Combination envisages acquisition of Jaiprakash Associates Limited (JAL) by Vedanta Limited (Acquirer)...
CCI
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...
CCI
Mandatory Condition Of Prima Facie Anti-Competitive Agreements, Abuse Of Dominant Position Absent, CCI Can’t Direct Investigation: Gauhati High Court
The Gauhati High Court has held that the decision of the Competition Commission of...
CCI
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...
CCI
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
ITC Relief to Bona Fide Buyers: S. 16(2)(c) and R. 36(4) Read Down to Allow ITC To Bonafide Recipients from Supplier Default: Karnataka HC
The Karnataka High Court has read down Section 16(2)(c) of the CGST Act and...
GST
Challenge to GSTIN Merger Not Fit for Appeal; Directs Review Before Single Judge: Allahabad High Court
The Allahabad High Court has held that the challenge to the Goods and Service...
GST
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...
Direct Tax
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’...
Direct 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...
Direct Tax
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...
Direct Tax
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...
Direct Tax
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...
Direct Tax
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
Indirect Taxes
Mumbai Customs Destroys Drugs Worth Rs. 1,079 Crore, Reinforces Anti-Narcotics Drive
The Customs Department at Chhatrapati Shivaji Maharaj International Airport(CSMI Airport) has destroyed a massive quantity of seized drugs during the financial year 2025–26. According to official sources, a total of 1,010.842 kilograms of narcotic and psychotropic substances, valued at approximately ₹1,079 crore, were disposed...
International Taxation
U.S. Court Clarifies “Processing Operation”: Marketability Transformation Test Shows MOOWR ‘Other Operations’ Not Limited to Manufacturers
The Arizona Supreme Court has held that machinery used in an industrial healthcare textile...
International Taxation
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...
Live Updates
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 Updates
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
Indirect Taxes
Extended Period Of Limitation Can’t Be Invoked In Absence Of Suppression Of Fact With Tax Evasion Intention: CESTAT
The Delhi Bench of Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has held...
Notification
Supreme Court Bar Association Urges Live Streaming of Waqf Board Case Due to Overcrowding and Fainting Incident
The Supreme Court Bar Association (SCBA) has formally requested the live streaming of the...
GST
Updated Timelines for SCN & Order Issuance Under Sections 73 and 74 of CGST Act, 2017
In a significant update relevant to GST compliance and litigation, the Central Board of...
Direct Tax
Delhi High Court Quashes Reassessment Against Departmental Stores Selling Wine, Beer
The Delhi High Court has quashed reassessment against departmental stores selling wine and beer.The...
GST
Dealers Can’t Claim ITC For Purchases Linked To Exempt Sales Under UPVAT Act: Supreme Court
The Supreme Court has held that the dealers cannot claim Input Tax Credit (ITC)...
Other Laws
Telangana Implements SC Categorisation Act 2025 on Ambedkar Jayanti, Marking Milestone for Social Justice
In a landmark move aimed at fostering social equity, the Telangana has become the...
Direct Tax
Compensation For Compulsory Acquisition Of Landed Property Is Income Under Capital Gains: Kerala High Court
The Kerala High Court has held that amount received as compensation for compulsory acquisition...
GST
Education Is Non-Commercial: Bombay High Court Quashes GST Demand On Goa University
The Goa Bench of Bombay High Court has quashed the Goods and Service Tax...
Direct Tax
Sub-Registrars To Report Cash Payments of Rs. 2 Lakh and Above In Property Deals To Income Tax Dept.: Supreme Court
The Supreme Court directed the sub-registrars to report cash payments of Rs. 2 lakh...
Columns
Explained: Why Every Indian State Has a Governor and What Makes the Role Constitutionally Crucial
India, with its vast and diverse federal structure, comprises 28 states and 8 Union...
Indirect Taxes
DRI Intercepts 7.56 kg Cocaine At IGI Airport
In a significant operation against drug trafficking, acting on specific intelligence, the Directorate of...
Notification
ICAI CA May 2025 Admit Card Released: Download for CA Inter & Final Exams Now
The Institute of Chartered Accountants of India (ICAI) has officially released the CA Admit...