Supreme Court Quashes FEMA Adjudication Orders, Revives Proceedings at Show Cause Stage

The Supreme Court has quashed the  Foreign Exchange Management Act (FEMA) adjudication orders and revived proceedings at show cause stage.The bench of Justice Vikram...

FinMin Grants Temporary Customs Duty Exemption on Key Petrochemicals and Industrial Inputs Till June 30, 2026

The Finance Ministry has issued Notification granting a full exemption from basic customs duty on a wide range of petrochemicals, polymers, and industrial raw materials. The notification, issued by the Ministry of Finance through the Department of Revenue, will be effective from April 2,...

Supreme Court Cancels Bail of Realty Director for Failure to Settle Homebuyer Claims and Violation of Bail Conditions

The Supreme Court has cancelled the bail granted to realty developer Satinder Singh Bhasin,...

SCN Must Clearly Indicate Intent to Blacklist: Supreme Court Quashes 5-Year Debarment, Upholds Contract Termination

The Supreme Court has held that blacklisting of contractors cannot be imposed mechanically without...

Supreme Court Quashes FEMA Adjudication Orders, Revives Proceedings at Show Cause Stage

The Supreme Court has quashed the  Foreign Exchange Management Act (FEMA) adjudication orders and...

Whether Entry-Level Grade Pay Can Be Used to Deny NFU After 4 Years in Level 8: Supreme Court Says No

The Supreme Court has dismissed the Union of India’s appeal and upheld the entitlement...

Higher Rank, Harsher Punishment Justified: Supreme Court Restores Dismissal of Bank Manager in Misappropriation Case

The Supreme Court has held that higher-ranking officials can justifiably face stricter punishment compared...

Who Will Lead the Dargah? Supreme Court Says Nominee Has the Final Say

The Supreme Court has upheld the appointment of a Sajjadanashin (spiritual head) of a...

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...

Supreme Court Cancels Bail of Realty Director for Failure to Settle Homebuyer Claims and Violation of Bail Conditions

The Supreme Court has cancelled the bail granted to realty developer Satinder Singh Bhasin,...

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...

Madras High Court Orders Rs. 241 Crore Pre-Deposit in Rs. 4,500+ Crore GST Dispute Over Classification of Catalysts

The Madras High Court has directed the deposit approximately Rs. 241 crore as a...

Allahabad High Court Stays GST Adjudication Against Hindustan Unilever Limited Over ‘Tin Sheds

The Allahabad High Court has granted interim relief to Hindustan Unilever Limited by staying...

SGST Dept. Lack Jurisdiction Over IGST on Imports: AP HC Quashes Proceedings

The Andhra Pradesh High Court has held that the State GST department cannot initiate...

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

Customs Dept Can’t Retain Assessee’s Money for Years Without Paying Interest: Delhi High Court

The Delhi High Court has held that customs dept cannot retain assessee’s money for years without paying interest.The bench of Justice Prathiba M. Singh and Justice Shail Jain has observed that the excess customs duty was retained by the Department for several years—ranging from...

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

ESOP Issued To Employees Is Revenue Expenditure: ITAT Allows Income Tax Deduction

The Mumbai Bench of Income Tax Appellate Tribunal (ITAT) while allowing the deduction under...

GSTN Issues Advisory For Biometric-Based Aadhaar Authentication, Document Verification For GST Registration Applicants Of Uttar Pradesh

The Goods and Service Tax Network (GSTN) has issued the advisory for biometric-based aadhaar...

CBDT To Decide Delay Condonation Applications; Delegation To Additional CIT (OSD) Not Proved: Bombay High Court

The Bombay High Court has held that the Central Board of Direct Taxes (CBDT)...

Income Tax Notices Issued to Deceased Person Not Binding on Legal Representatives: Bombay High Court

The Bombay High Court has held that income tax notices issued to deceased persons...

Retracted Statement Alone Not Sufficient for Income Tax Addition, No Incriminating Material Found: Gauhati High Court

The Gauhati High Court has held that the retracted statement alone is not sufficient...

Burden of Proof On Assessee To Prove Agricultural Nature Of Land For Capital Gains Tax Exemption: Kerala High Court

The Kerala High Court has held that the burden of proof on assessee to...

Dept. Can’t Reject Fair Market Value of Shares Determined Using Statutory Methods Without Justification: Karnataka High Court

The Karnataka High Court has held that the department cannot reject fair market value...

This Karnataka High Court Ruling Settles All Aspects Of Input Tax Credit Claims

The Karnataka High Court while settling all aspects of input tax credit (ITC) claims...

Ranya Rao Gold Smuggling Case | Step Father DGP Ramachandra Rao On Compulsory Leave (Watch Video)

A specific Coverage on Step Father of Ranya Rao, DGP Ramachandra Rao On Compulsory...

Income Tax | Failure Of Passing Of Draft Order Not Curable Defect: ITAT

The Mumbai Bench of Income Tax Appellate Tribunal (ITAT) while quashing the final assessment...

CESTAT Weekly Flashback: 9 To 15 March 2025

Customs, Excise and Service Tax Appellate Tribunal (CESTAT) Weekly Flashback for the period 9...