Delhi High Court Quashes Rs. 96 Crore Reassessment Citing ‘Change of Opinion’, Limitation Bar

The Delhi High Court has set aside reassessment proceedings and a Rs. 96.04 crore tax demand against Delhi Sports and Entertainment Private Limited, holding...

Conditional Customs Duty Relief for SEZ Units Supplying to Domestic Market from April 1, 2026

The Ministry of Finance has issued Notification granting conditional customs duty concessions on goods manufactured in Special Economic Zones (SEZs) and supplied to the Domestic Tariff Area (DTA).The concessional regime is temporary in nature effective from April 1, 2026 and valid till March 31,...

Chhattisgarh High Court Upholds NDPS Convictions in 657 Kg Ganja Seizure Case; DRI’s Appeal Against Acquittal Also Examined

The Chhattisgarh High Court has delivered a significant judgment in a high-stakes narcotics case...

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...

Delhi High Court Quashes Rs. 96 Crore Reassessment Citing ‘Change of Opinion’, Limitation Bar

The Delhi High Court has set aside reassessment proceedings and a Rs. 96.04 crore...

GST Demand Quashed Over ITC Mismatch After Dept. Confirms Prior Reversal: Delhi High Court 

The Delhi High Court has quashed GST demand orders after the tax department conceded...

Mere Claim of Coercion Not Enough, But ITC Reversal During Inspection Raises Doubt: Karnataka High Court

The Karnataka High Court has held that a mere allegation of coercion is not...

Finance Act, 2026 Enacted: Revised Income Thresholds, Surcharge Structure To Be Effective From April 1

The Government has officially enacted the Finance Act, 2026 (No. 4 of 2026), following...

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...

All ITR forms for A.Y.2026-27 Notified

The Government of India has officially notified all Income Tax Return (ITR) forms for...

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 Demand Quashed Over ITC Mismatch After Dept. Confirms Prior Reversal: Delhi High Court 

The Delhi High Court has quashed GST demand orders after the tax department conceded...

Mere Claim of Coercion Not Enough, But ITC Reversal During Inspection Raises Doubt: Karnataka High Court

The Karnataka High Court has held that a mere allegation of coercion is not...

GST Order Passed Before Scheduled Hearing Date Violates Natural Justice: Bombay High Court Quashes Ex Parte Assessment

The Bombay High Court has quashed an ex parte order holding that the adjudicating...

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

Service Tax on Tractor Transport Quashed: CESTAT Imposes Rs. 10K Penalty Each for Non-Compliance

The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Chandigarh Bench, has held that transportation of tractors by driving them to dealers does not qualify as “manpower recruitment or supply agency service,” thereby setting aside substantial service tax demands raised by the department. The bench...

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

Time-Barred KVAT Assessments Cannot Be Reopened Based on CAG Report: Kerala High Court

The Kerala High Court has held that the time-barred Kerala Value Added Tax (KVAT)...

Bombay High Court Highlights Jurisdictional Conditions for Reopening Tax Cases; Distinguishes Previous Ruling on Sales Promotion Expenses

The Bombay High Court has highlighted jurisdictional conditions for reopening tax cases and distinguished...

Massive Cash Haul at Delhi High Court Judge’s Residence Triggers Calls for Judicial Accountability

The Rajya Sabha on Friday witnessed heated discussions over the alleged recovery of a...

ITAT Quashes Income Tax Reassessment Carried On Old PAN 

The Pune Bench of Income Tax Appellate Tribunal (ITAT) has quashed the income tax...

Fund Deployment By Indian Broadcasting Foundation In BARC Is Statutory Obligation And Not ‘Investment’: Delhi High Court Allows Income Tax Exemption

The Delhi High Court while allowing the Income Tax Exemption to Indian Broadcasting Foundation...

AO Considered Promotional Expenses In Original Proceedings: Bombay High Court Quashes Reassessment Against Pharmaceutical Company

The Bombay High Court has quashed the income tax reassessment proceedings against a Pharmaceutical...

ED Initiates Probe in Corruption Case Involving Its Own Officer and CBI DSP

The Enforcement Directorate (ED) has launched an investigation into a corruption case involving its...

DGFT Initiates Review of SIONs For Automobile Tyres

The Directorate General of Foreign Trade (DGFT) has issued a Trade Notice calling for...

DGFT Extends RoDTEP Scheme for AAs, SEZs, and EOUs Until February 5, 2025

The Directorate General of Foreign Trade (DGFT) has extended the Remission of Duties and...

DGFT Allows Agricultural Grade Urea Import On Government Account Through Indian Potash Limited Till 31 March 2026

The Government of India, through the Directorate General of Foreign Trade (DGFT) under the...

Cash Discovery at Delhi HC Judge Justice Yashwant Varma’s Residence: Tax Bench Judge Faces Transfer or Resignation?

A fire at the official residence of Delhi High Court judge Justice Yashwant Varma...

CBDT Seeks Stakeholders’ Input For Drafting Income-tax Rules

The Central Board of Direct Taxes (CBDT) has sought the stakeholders' input for drafting...