GST
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...
Notification
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...
Other Laws
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...
Other Laws
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...
GST
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...
GST
Toll Plaza Data Not Mandatory for ITC Refund: GSTAT
The Goods and Services Tax Appellate Tribunal (GSTAT), Kolkata Bench, has held that toll...
Indirect Taxes
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...
Indirect Taxes
Services to Singapore Head Office Not ‘Intermediary Services’: CESTAT
The Mumbai Bench of the Customs, Excise & Service Tax Appellate Tribunal (CESTAT) has...
Live Updates
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...
Money Hacks
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...
Money Hacks
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...
GST
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
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...
CCI
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...
CCI
Markets Trade Flat Ahead of Union Budget 2026-27
Equity benchmark indices traded in a narrow range on Sunday morning as investors remained...
CCI
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
CCI Approves Acquisition Of Jaiprakash Associates By Vedanta
The Proposed Combination envisages acquisition of Jaiprakash Associates Limited (JAL) by Vedanta Limited (Acquirer)...
GST
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...
GST
Toll Plaza Data Not Mandatory for ITC Refund: GSTAT
The Goods and Services Tax Appellate Tribunal (GSTAT), Kolkata Bench, has held that toll...
GST
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...
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
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...
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
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...
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,...
Latest Articles
Notification
ICAI Announces Changes In Code of Ethics 2025
In a landmark move for the accounting and auditing profession, the Institute of Chartered...
Notification
CBDT Empowers CPC-Bengaluru Commissioner to Rectify Mistakes, Issue Demand Notices Under Income Tax Act
The Central Board of Direct Taxes (CBDT) has issued a notification empowering the Commissioner...
Direct Tax
ITR Filing Extension: Punjab & Haryana HC Rebukes CBDT Counsel for Non-Compliance with Gujarat HC Order [WATCH VIDEO]
The Punjab and Haryana High Court has recorded the statement made by the Counsel...
Indirect Taxes
Interest on Delayed Customs Refund Payable Only at 6%, Not 12%: CESTAT
The Delhi Bench of Customs, Excise & Service Tax Appellate Tribunal (CESTAT) has held...
Notification
CBIC Issues New Guidelines Assigning Proper Officers for GST Proceedings
The Central Board of Indirect Taxes and Customs (CBIC) has issued the new guidelines...
Indirect Taxes
Ganja Concealed in Jackfruits: Delhi Customs Foil Smuggling Attempt
In a major narcotics bust, Customs officers at Indira Gandhi International (IGI) Airport, New...
Company & PMLA
Coal Block Allocation Is ‘Property’ Under PMLA: Delhi HC Upholds ED’s Power to Attach Rs. 227-Crore Assets
The Delhi High Court has held that a coal block allocation constitutes “property”, and...
Indirect Taxes
Delhi HC Condones 3621-Day Delay, Allows Son to Pursue Late Father’s Appeal in FERA Case
The Delhi High Court has condoned a delay of 3,621 days (nearly ten years)...
Indirect Taxes
Delhi HC Grants Relief to Dubai-Based Traveller in Rolex Seizure Case: Clarifies Rules on Declaring Luxury Goods at Airports
In a significant ruling that underscores the importance of correctly interpreting customs baggage rules,...
GST
Supreme Court Stays GST Assessment Orders Passed By Nashik CGST Division Concerning Transactions Under JDA
The Supreme Court of India has stayed the operation of an assessment order issued...
Columns
New Nominee Rules for Bank Accounts – 2025
In a significant reform aimed at easing financial claim procedures for families, the Reserve...
GST
GST Portal Goes Down for Maintenance Amid Peak Audit Season
The Goods and Services Tax (GST) portal was taken offline for “scheduled maintenance” early...