Demonetisation-Era Cash Deposit Explained Through Cash Book and Bank Records: ITAT Deletes Addition

The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has deleted an addition of ₹90 lakh made under Section 69A of the Income...

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...

Demonetisation-Era Cash Deposit Explained Through Cash Book and Bank Records: ITAT Deletes Addition

The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has deleted an addition...

Notice Issued After April 1, 2021 Without Jurisdiction: ITAT Quashes S. 153C Assessment

The Income Tax Appellate Tribunal (ITAT), Delhi Bench has quashed an assessment framed under...

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...

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...

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...

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...

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

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...

Delhi High Court Upholds GST Refund to Education Consultancy Firm, Clarifies Scope of ‘Intermediary’ Services

The Delhi High Court has dismissed a writ petition filed by the Commissioner of...

Tax on Ink, Chemicals and Other Materials Used in Printing Lottery Tickets Under Works Contract Upheld: SC

The Supreme Court has levied tax on ink and other processing materials, including chemicals,...

CBIC Notifies Auto-approval of Incentive Bank Account, IFSC Code Registration Requests Across All Customs Locations

The Central Board of Indirect Taxes and Customs (CBIC) has notified the auto-approval of...

Dulquer Salmaan Car Seizure: Kerala High Court directs Customs Dept. to Pass Order Within 1 Week

⁠ The Kerala High Court on Tuesday ordered the Customs Preventive Department to consider and...

DRI Probes Adani Defence for Rs. 77 Crore Import Duty Evasion on Missile Parts

The Directorate of Revenue Intelligence (DRI) has initiated an investigation into Adani Enterprises’ defence...

CESTAT Mandates E-Filing Of Appeal From November 15, 2025

The Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has mandated the e-filing of...

18% GST On Rapigro, A Plant Growth Regulator: AAAR

The Gujarat Appellate Authority of Advance Ruling (AAAR) has held that 18% GST is...

ITC Admissible On Electrical Equipment Installed Outside Factory Premises, GST Dept’s Appeal Rejected: AAAR

The Gujarat Appellate Authority of Advance Ruling (AAAR) has rejected the GST department’s appeal...

GST ITC Not Allowable On Mutual Fund Subscription & Redemption: AAAR

The Gujarat Appellate Authority of Advance Ruling (AAAR) has upheld the AAR’s ruling by...

No GST ITC On Expenses Incurred On Buy-Back Of Shares: AAAR

The Gujarat Appellate Authority of Advance ruling (AAAR) has upheld the AAR’s ruling and...