Delhi High Court Quashes Reassessment Against Singapore Company After Finding No Effective Opportunity of Hearing

The Delhi High Court has set aside reassessment proceedings and the consequential demand raised against a Singapore-based company after finding that the assessee was...

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...

Delhi High Court Quashes Reassessment Against Singapore Company After Finding No Effective Opportunity of Hearing

The Delhi High Court has set aside reassessment proceedings and the consequential demand raised...

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

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

27% Rule 87 Ceiling Inapplicable to Extraordinary Superannuation Fund Contributions Made to Meet Actuarial Deficit: Calcutta High Court 

The Calcutta High Court has upheld the deletion of a massive ₹648.84 crore income-tax...

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...

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...

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...

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

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...

Retrospective Abolition of Income Tax Settlement Commission Unconstitutional: Delhi High Court 

The Delhi High Court has ruled that the retrospective abolition of the Income Tax...

Customs’s Seizure Of Luxury Cars Owned By Only Muslim Film Stars From South India Has Communal Angle

Days after Malayalam actor Dulquer Salmaan challenged the seizure of his luxury car by...

Income Tax Dept. Intensifies Scrutiny on Savings Accounts: High-Value Cash Transactions, Interest Mismatches Under Lens

Savings accounts are often seen as low-risk, low-visibility banking instruments. But in the eyes...

How to file the ITR of a deceased person and claim any TDS refund?

When a taxpayer dies, routine financial tasks — including filing income-tax returns and claiming...

Wintrack Shuts India Operations, Alleges Bribery and Harassment by Chennai Customs

Amid growing allegations of harassment and corruption against Chennai Customs, a tweet by an...

Cash Transaction Limits under the Income Tax Act : 2025 Update

Not all cash transactions are permitted under Indian tax laws. The Income Tax Act,...

GST Portal Not Working

The Goods and Services Tax Network (GSTN) portal, maintained by Infosys, has reportedly been...

Is your Income Tax refund delayed? Don’t worry — you’re not alone

Millions of taxpayers who filed ITRs this season are still waiting for refunds, even...

Public Possession Essential to Validate Oral Gift (Hiba) Under Muslim Law: SC 

The Supreme Court held that to constitute a valid hiba all its necessary ingredients-...

3 MIAL Staff Impersonating Customs Officers Nabbed at Mumbai Airport for Extortion

In a startling case of impersonation and extortion, the Air Intelligence Unit (AIU) of...

Customs at IGI Airport Seize 6.9 kg Marijuana Worth Rs. 6.93 Crore from Passenger Arriving from Tashkent

The Customs at IGI Airport has seized 6.9 kg Marijuana worth Rs. 6.93 Crore...