Referral Charges Received by TVS Motor from Banks and Insurer Taxable as Business Auxiliary Service: Supreme Court 

The Supreme Court has partly allowed an appeal against the Commissioner of Central Excise, Chennai-III, concerning the service tax treatment of referral charges received...

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...

Referral Charges Received by TVS Motor from Banks and Insurer Taxable as Business Auxiliary Service: Supreme Court 

The Supreme Court has partly allowed an appeal against the Commissioner of Central Excise,...

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...

Bombay High Court Quashes Reopening Of Assessment On Grounds That JCIT Did Not Sign Sanction

The Bombay High Court has quashed the reopening of assessment on grounds that the...

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...

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...

Toll Plaza Data Not Mandatory for ITC Refund: GSTAT

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

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

Referral Charges Received by TVS Motor from Banks and Insurer Taxable as Business Auxiliary Service: Supreme Court 

The Supreme Court has partly allowed an appeal against the Commissioner of Central Excise, Chennai-III, concerning the service tax treatment of referral charges received from banks and an insurance company in connection with customers obtaining motor vehicle loans and insurance policies.The bench of Justice...

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

SC Declines to Issue Notice to Advocate Who Threw Shoe at CJI Gavai, Says Will Consider Preventive Guidelines

The Supreme Court on Monday refused to issue notice to Advocate Rakesh Kishore, who...

EPF Withdrawal Rules Simplified

In a major overhaul aimed at improving accessibility and reducing procedural delays, the Employees’...

GST Cut, Festive Cheer Drive Record Two-Wheeler Sales in October

The Indian two-wheeler market has witnessed a resounding comeback in October 2025, as a...

GSTAT Remains Non-Functional: Delhi High Court Stays Recovery Proceedings

The Delhi High Court has granted interim protection to a taxpayer against recovery proceedings...

Validity of Time-Limit Extension Notifications Under Section 168A Pending: Delhi High Court Declines to Quash GST Demand

The Delhi High Court has declined to interfere with a GST demand order challenged...

100% EOU’s DTA Clearances Eligible for Concessional Duty: CESTAT Quashes Excise Demand, Penalty 

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

Indian Banks Not Liable for Foreign Bank Charges Under RCM: CESTAT Quashes Service Tax Demand On ICICI Bank

The Customs, Excise & Service Tax Appellate Tribunal (CESTAT), Mumbai, has set aside multiple...

BREAKING : CJI Gavai’s Recommends Justice Surya Kant To Become 53rd Chief Justice of India 

The Chief Justice of India (CJI) Bhushan Ramakrishna Gavai has formally recommended Justice Surya...

Malur in Karnataka Designated as New Customs Port for Import and Export Operations

The Ministry of Finance has issued Notification No. 66/2025-Customs (N.T.), dated October 23, 2025,...

FinMin Notifies Major Customs Duty Amendments Effective November 1, 2025

The Ministry of Finance (Department of Revenue) has notified major customs duty amendments effective...

India and Qatar Signs Double Taxation Avoidance Agreement

The Government of India has formally notified the Agreement for the Avoidance of Double...

‘Pipeline Mixing of Fuels’ Not Manufacture: CESTAT Quashes Excise Duty Demand Against HPCL

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