CIT(A) Can’t Direct Reopening of Another AY: ITAT 

The Income Tax Appellate Tribunal (ITAT), Rajkot Bench, has held that a Commissioner of Income Tax (Appeals) cannot direct the Assessing Officer (AO)...

DGFT Revises Import Policy for Clear Float Glass; Imports Below Rs. 34,000 Per MT CIF Value Restricted

The Directorate General of Foreign Trade (DGFT), under the Ministry of Commerce & Industry, has amended the import policy and policy conditions governing clear float glass of thickness 4 mm to 12 mm falling under ITC (HS) Codes 70051090 and 70052990.  The government has shifted...

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...

CIT(A) Can’t Direct Reopening of Another AY: ITAT 

The Income Tax Appellate Tribunal (ITAT), Rajkot Bench, has held that a Commissioner of...

Form 26AS Receipts vs Income — Assessee Fails to Prove ₹7.83 Crore Difference Was NPGCL Advance: ITAT 

The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has upheld the assessment...

GST Rectification Order Not Communicated to Taxpayer: Orissa High Court Quashes Rejection Citing Record Discrepancies

The Orissa High Court has set aside a GST authority’s order rejecting an application...

GST ITC Distribution Can’t Be Tied Solely to Invoice Date: Supreme Court to Examine When Credit Becomes Legally Available

The Supreme Court is set to examine a significant GST dispute concerning the precise...

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...

Telangana High Court Restores Income Tax Appeals Dismissed Over Unsigned Memoranda

The Telangana High Court has allowed three income-tax appeals and restored the matters before...

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)...

GST Rectification Order Not Communicated to Taxpayer: Orissa High Court Quashes Rejection Citing Record Discrepancies

The Orissa High Court has set aside a GST authority’s order rejecting an application...

GST ITC Distribution Can’t Be Tied Solely to Invoice Date: Supreme Court to Examine When Credit Becomes Legally Available

The Supreme Court is set to examine a significant GST dispute concerning the precise...

Supreme Court Dismisses GST Dept.’s Challenge Over Rs. 70.09 Lakh Refund Due to 394-Day Delay; Keeps Rule 90(2) Interpretation Open

The Supreme Court has dismissed the Special Leave Petitions filed by the Commissioner of...

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

Mere Facilitation of Customs Clearance Can’t Establish Knowledge of Smuggling: Madras High Court 

The Madras High Court has held that mere facilitation of customs clearance cannot establish knowledge of smuggling. The bench of Justice Hemant Chandangoudar set aside a customs adjudication order fastening liability for differential customs duty of Rs. 4.56 crore, along with interest and penalties, on...

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

Govt Exempts Certain Steel Products from Mandatory QCO Compliance Until October 31, 2025

In view of multiple industry representations and following the decision of the competent authority,...

6 Senior IRS Officers Promoted as Principal Chief Commissioners and Principal Director Generals in CBIC

The Central Board of Indirect Taxes and Customs (CBIC), under the Department of Revenue,...

Supreme Court Hears Plea Seeking Probe into Alleged Financial Irregularities by Indiabulls Housing Finance Ltd.

The Supreme Court of India on Tuesday heard a high-profile plea seeking a probe...

Kerala HC Says Remand on Deemed Dividend Issue to Be Open; Assessee Entitled to Contest Applicability of Section 68

The Kerala High Court has clarified that a remand ordered by the Income Tax...

Mission Ambedkar’s Founder Seeks Criminal Contempt Action Over Threats to CJI BR Gavai

The founder of Mission Ambedkar, Suraj Kumar Bauddh, has formally written to Attorney General...

Supreme Court Quashes Rape Case Against Tamil Director Seeman After Mutual Settlement

The Supreme Court quashed the rape case filed by a Tamil actress against director-producer...

SEZ Unit To Refund Concession for Unused or Damaged Goods Under Rule 25: Punjab and Haryana High Court

The Punjab and Haryana High Court has dismissed the SEZ unit’s plea and held...

How to Surrender Your PAN Card ?

Having more than one Permanent Account Number (PAN) or holding an invalid or incorrect...

Delhi High Court Issues Summons to Red Chillies Entertainment in Defamation Suit by Sameer Wankhede

The Delhi High Court has issued summons to Red Chillies Entertainment Pvt. Ltd., the...

Users Question GSTN’s “Time-Travel Glitch” as Old Maintenance Message Reappears

Users Question GSTN’s “Time-Travel Glitch” as Old Maintenance Message ReappearsConfusion erupted among taxpayers and...

8 Years of GST: India Crosses Rs. 22 Lakh Crore in Annual Collections; 1.53 Crore Active Taxpayers

As the Goods and Services Tax (GST) regime completes eight years, the latest government...