Notification
MSMED Amendment Act, 2026: TReDS-Based Invoice Settlement, 90-Day Dispute Resolution and Stricter Penalties Introduced for MSMEs
The Micro, Small and Medium Enterprises Development (Amendment) Act, 2026 has received the assent of the President, bringing a series of significant changes to...
Notification
Tribunals Reforms Act, 2026: CESTAT, ITAT, NCLAT, SAT and DRTs Brought Under Common Framework With National Tribunals Commission
The Tribunals Reforms Act, 2026 has received Presidential assent, introducing a common framework for the appointment, tenure, removal and service conditions of Chairpersons and Members of several major tribunals, including CESTAT, ITAT, NCLAT, SAT and DRTs. The Act also provides for the establishment of...
Other Laws
CA, CS, CMA Vs Advocates: Delhi HC Asks BCI To Clarify Its Plea Restricting Non-Advocates From Appearing Before Authorities
The Delhi High Court has sought further clarity in a long-running legal dispute concerning...
Other Laws
Court Directs CBI to File Reply to Rajesh Bothra’s Discharge Application against Alleged Fake Bills of Lading in Rotomac Bank Fraud Case
Court hearing the Rotomac Exim bank fraud case has directed the Central Bureau of...
Notification
MSMED Amendment Act, 2026: TReDS-Based Invoice Settlement, 90-Day Dispute Resolution and Stricter Penalties Introduced for MSMEs
The Micro, Small and Medium Enterprises Development (Amendment) Act, 2026 has received the assent...
Notification
Tribunals Reforms Act, 2026: CESTAT, ITAT, NCLAT, SAT and DRTs Brought Under Common Framework With National Tribunals Commission
The Tribunals Reforms Act, 2026 has received Presidential assent, introducing a common framework for...
Direct Tax
BBC Global News: ITAT Restricts Profit Attribution to Indian DAPE at 12%, Rejects 15% Enhancement
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has partly allowed a...
Direct Tax
Can NaFAC Conduct Reassessment Before March 29, 2022? ITAT Upholds Faceless Jurisdiction
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has rejected a legal...
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...
Columns
CAG Flags ₹25,085 Crore Taxation Lapses in 1,902 Cases; Excess Tax Charges Found in 174 Assessments
The Comptroller and Auditor General of India (CAG) has flagged significant lapses in the...
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
GST Levy on Corporate Guarantees Upheld: Gujarat HC
The Gujarat High Court has delivered a significant ruling on the GST treatment of...
GST
Calcutta High Court Allows Appeal Against Ex Parte GST Order After Medical Emergencies Prevented Reply to SCN
The Calcutta High Court has permitted a registered GST taxpayer to pursue a statutory...
GST
S. 74 GST Notice Must Spell Out Statutory Ingredients for Invoking Extended Tax Demand Proceedings: Allahabad High Court
The Allahabad High Court, Lucknow Bench, has quashed a show cause notice issued under...
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
Hydraulic Oil Liable to Entry Tax Under KTEG Act, Says ‘And Others’ Covers Unenumerated Petroleum Products: Karnataka HC
The Karnataka High Court has upheld the levy of entry tax on hydraulic oil brought into a local area for use in the manufacture of hydraulic cylinders, holding that hydraulic oil falls within the ambit of Entry 67 of the First Schedule to the...
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
Direct Tax
Retired Income Tax Officer Fell Prey To Investment Fraud; Gujarat HC Grants Bail To Accused
The Gujarat High Court has granted regular bail to an accused in a high-profile...
GST
GST Proceedings By Both Centre & State For Same Period Amounts To Double Taxation: Andhra Pradesh HC
The Andhra Pradesh High Court has held that the GST proceedings by both centre...
GST
GST ITC Allowed On Steel Reinforcements Of Factory Expansion For Manufacturing Activity: AAR
The Tamil Nadu Bench of Authority of Advance Ruling has held that GST ITC...
GST
‘Consultation’, ‘Supply Of Medicine’ By Hospital To Out-Patients Not A ‘Composite Supply’: AAR
The Tamil Nadu Authority of Advance Ruling (AAR) has held that the 'consultation', 'supply...
GST
MRF Can’t Practice Cross-Charging Common ITC, Distribution Through ISD-Mechanism Mandatory From April 2025: AAR
The Tamil Nadu Authority of Advance Ruling (AAR) has held that the MRF cannot...
GST
DGGI Recovered More Than 50% Of Demand, No Pre-Deposit Required: Calcutta High Court
The Calcutta High Court held that the DGGI has recovered more than 50% of...
Notification
CBDT Extends Due Date For Filing ITR
The Central Board of Direct Taxes (CBDT) announced on Monday that the deadline for...
Other Laws
Supreme Court Declines to Stay Waqf (Amendment) Act, 2025; Issues Key Interim Directions
The Supreme Court refused to stay the operation of the Waqf (Amendment) Act, 2025,...
Notification
International Courier Cargo Terminals Inaugurated at Thiruvananthapuram and Kozhikode
P. Rajeeve, Minister for Industries, Law and Coir inaugurated the terminals at Thiruvananthapuram and...
Notification
Panna Tiger Reserve: Officials Seek Clarification from IRS Officer, Wife Over Construction in Eco-Sensitive Zone
Forest authorities at Panna Tiger Reserve have sought an explanation from senior Indian Revenue...
Notification
FAQs On Treatment Of Secondary Or Post-Sale Discounts Under GST
The Central Board of Indirect Taxes and Customs (CBIC) has issued the clarification on...
Other Laws
DRT Has Jurisdiction To Condone Delay U/s 5 Of Limitation Act: Punjab & Haryana HC
The Punjab and Haryana High Court has held that the Debt Recovery Tribunal (DRT)...