Indirect Taxes
Provisional Release Can’t Be Denied Solely On Dept. Suspicion Of Misclassification And Undervaluation Of Imported Goods: CESTAT
The Principal Bench of the Customs, Excise & Service Tax Appellate Tribunal (CESTAT), New Delhi, has held that an importer is entitled to provisional...
Notification
IBBI Amends CIRP Regulations: MSME Corporate Debtors to Normally Have Only One Set of Registered Valuers
The Insolvency and Bankruptcy Board of India (IBBI) has notified the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) (Second Amendment) Regulations, 2026, introducing a significant change in the Corporate Insolvency Resolution Process (CIRP) framework for Micro, Small and Medium...
Other Laws
Supreme Court Upholds Penalty for Misdeclaration of Power Generation Capacity
The Supreme Court has restored the order of the Punjab State Electricity Regulatory Commission...
Other Laws
FD Can’t Be Ground To Disqualify Bidder; DD Requirement For Out-of-State Tenderers Not Mandatory: Supreme Court
The Supreme Court has held that a bidder cannot be disqualified merely because it...
Indirect Taxes
Provisional Release Can’t Be Denied Solely On Dept. Suspicion Of Misclassification And Undervaluation Of Imported Goods: CESTAT
The Principal Bench of the Customs, Excise & Service Tax Appellate Tribunal (CESTAT), New...
Indirect Taxes
S. 108 Statements Can’t Be Sole Basis Without Following Section 138B Procedure: CESTAT
The Customs, Excise & Service Tax Appellate Tribunal (CESTAT), New Delhi, has set aside...
Direct Tax
CIT(A) Must Give Independent Reasons While Reversing AO; ITAT Need Not Act as First Appellate Authority: Delhi HC
The Delhi High Court has reiterated that appellate authorities under the Income Tax framework...
Direct Tax
Cash Seized Without Verifiable Source Can Be Treated as Benami Property; Filing ITR Later Doesn’t Bar Action: SAFEMA Appellate Tribunal
The Appellate Tribunal under the Prohibition of Benami Property Transactions (PBPT) Act has dismissed...
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
Jewellery Stocks Rally as Govt. Cuts Gold, Silver Import Prices
Shares of jewellery companies witnessed a strong rally after the Centre reduced the base...
Money Hacks
Top 10 Cashback UPI Apps in India (2026)
India’s Unified Payments Interface (UPI) has transformed the digital payment ecosystem by enabling instant...
Columns
Modi–Meloni Chemistry and Trade Relations of India and Italy
The evolving relationship between India and Italy has increasingly attracted global attention not only...
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
CBI Arrests CGST Superintendent and Inspector in Bribery Case
The Central Bureau of Investigation (CBI) has arrested a Superintendent and an Inspector of...
GST
DGGI Meerut | Court Reject Bail Of Person Involved In GST fraud
A Meerut Court has rejected the bail application of Mohd. Akib, accused in an...
GST
Supreme Court Allows GST Assessee to Challenge Missing Seized Files Issue Before Appellate Authority; Reduces Pre-Deposit
The Supreme Court has permitted a GST assessee to raise before the appellate authority...
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
Provisional Release Can’t Be Denied Solely On Dept. Suspicion Of Misclassification And Undervaluation Of Imported Goods: CESTAT
The Principal Bench of the Customs, Excise & Service Tax Appellate Tribunal (CESTAT), New Delhi, has held that an importer is entitled to provisional release of seized goods and currency where the issue relating to classification of the imported goods had already been settled...
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
CBIC Imposes Anti-Dumping Duty On Insoluble Sulphur
The Central Board of Indirect Taxes and Customs (CBIC) has notified the imposing of...
Indirect Taxes
CBIC Imposes Anti-Dumping Duty On Vitamin A Palmitate
The Central Board of Indirect Taxes and Customs (CBIC) has notified the imposing of...
Money Hacks
Best Investment Options In India – 2025 Guide
Investing wisely in 2025 requires a nuanced understanding of India's evolving economic landscape. With...
Columns
How to Invest in Mutual Funds Online Without a Broker: A Step-by-Step Guide
In recent years, investing in mutual funds has become more accessible than ever—thanks to...
Indirect Taxes
DGGI Lucknow Zonal Unit Shifts to New Office
The Directorate General of GST Intelligence (DGGI), Lucknow Zonal Unit (ZU), has shifted to...
GST
IGST Demand On Non-Cross Charged Expenses Quashed: Delhi High Court
The Delhi High Court has quashed the Integrated Goods and Service Tax (IGST) demand...
Notification
President Approves Empanelment & Promotion of Sahil Inamdar to Commissioner of Customs & Indirect Taxes
The President of India has approved the empanelment and promotion of Sahil Inamdar to...
GST
Madras High Court Condones 285-Day Delay in GST Appeal on Payment of Additional 5% Tax In Pre-Deposit
The Madras High Court has condoned 285-day delay in GST appeal on payment of...
GST
Nationwide GST Data Leak Exposed: CA Body Flags Racket, Demands Finance Ministry Crackdown
In a major revelation that has sent shockwaves through India’s tax and trade ecosystem,...
Indirect Taxes
Accused Of Ingesting Narcotic Capsules Kept In Custody By Customs Dept. For 6 Days Without Authorisation: Delhi High Court Grants Bail
The Delhi High Court has granted bail to the person accused of ingesting narcotic...
Indirect Taxes
Customs Dept. Detains Bangles Of Female Returning From Saudi Arabia After Offering Umrah: Delhi HC Directs Release But Imposes Rs. 70K Penalty
The Delhi High Court has directed the release of the bangles of a female...
GST
Writ Jurisdiction Ought Not To Be Usually Exercised By HC In Fraudulent ITC Availment Cases: Delhi High Court
The Delhi High Court has held that writ jurisdiction ought not to be usually...