Foreign Customs Declarations Admissible U/s 139: CESTAT Upholds Differential Duty and Equal Penalty in Undervaluation Case

The Principal Bench of the Customs, Excise & Service Tax Appellate Tribunal (CESTAT), New Delhi, has allowed three appeals filed by the Department holding...

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...

Foreign Customs Declarations Admissible U/s 139: CESTAT Upholds Differential Duty and Equal Penalty in Undervaluation Case

The Principal Bench of the Customs, Excise & Service Tax Appellate Tribunal (CESTAT), New...

ITAT Quashes Reassessment as S. 148 Approval Was Granted by Wrong Authority After 3 Years

The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has quashed a reassessment...

Rejection of GST Refund Can’t Automatically Bar Deduction as Business Expenditure Under Income Tax Act: ITAT

The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has held that the...

Investigation Wing Information Alone Can’t Establish Failure to Disclose Material Facts: ITAT Quashes Reassessment Beyond 4 Years

The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has quashed reassessment proceedings...

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...

S. 80P(2)(d) Deduction Allowable On Interest Earned By Cooperative Housing Society From Cooperative Banks: ITAT

The Income Tax Appellate Tribunal (ITAT), Mumbai Bench, has allowed the appeal holding that...

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

Foreign Customs Declarations Admissible U/s 139: CESTAT Upholds Differential Duty and Equal Penalty in Undervaluation Case

The Principal Bench of the Customs, Excise & Service Tax Appellate Tribunal (CESTAT), New Delhi, has allowed three appeals filed by the Department holding that documents received through proper channels from Chinese/Hong Kong Customs authorities could be relied upon under Section 139 of the...

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

Advocate Not Liable for Truth or Falsity of Statements in Affidavit Merely Attested by Them: Supreme Court

The Supreme Court has held that an advocate who merely attests or identifies a...

CBIC Notifies New Powers to DGARM Officials for Passenger Data Processing Across India

The Central Board of Indirect Taxes and Customs (CBIC), under the Ministry of Finance,...

CBIC Expands Seizure Powers of Customs Officers

The Central Board of Indirect Taxes and Customs (CBIC) has issued Notification No. 63/2025-Customs...

Supreme Court Disapproves of ‘Saudabazi’ in Matrimonial Case, Fixes ₹8 Lakh Alimony

The Supreme Court has fixed a lump sum alimony of ₹8 lakh in a...

CBIC Withdraws Circular on ITC Reversal Procedure for Post-Sale Discounts

The Central Board of Indirect Taxes and Customs (CBIC) has withdrawn the Circular No....

This Supreme Court Judgement Sets Lesson That Never Underestimate One Line In Contract

The Supreme Court in the case of SEPCO Electric Power Construction Corporation Versus GMR...

Rental Income Doesn’t Disqualify Trusts from Charitable Status: ITAT

The Income Tax Appellate Tribunal (ITAT) Pune has held that earning rental income does...

Non-Furnishing Of Information Under Table 14 of FORM GSTR-9C Can’t Be Construed As A Discrepancy Till FY 2022-2023: Gauhati HC

The Gauhati High Court has held that non-furnishing of information under table 14 of...

NFRA Launches Auditor-Audit Committee Interaction Series 4 on Audit of Impairment of Non-Financial Assets

The National Financial Reporting Authority (NFRA) has released the fourth edition in its Auditor-Audit...

Gujarat High Court Rejects Bail Cancellation Plea Over Dispute on Rs. 90 Lakh GST Deposit Compliance

The Gujarat High Court has refused to cancel the bail of a businessman accused...

CA, Advocate Arrested in ₹79.18 Crore GST Evasion; Court Rejects Bail in ₹85 Crore Forgery Case

In a major crackdown on financial fraud, the Directorate General of GST Intelligence (DGGI)...

Mumbai Court Allows DRI-Accused Businessman to Travel Abroad Under Strict Conditions

The Additional Chief Judicial Magistrate of the 19th Court, Esplanade, Mumbai, has permitted businessman...