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

2 Siliguri-Based Firms Under Scanner for Alleged GST Fraud Involving Fake ITC and Export Sales

Two Siliguri-based firms – M/s Agrawal’s Bitumex Private Limited and M/s Simplex Natural Resources...

Mumbai Court Grants Bail To Person Accused Of Fraudulently Availing GST ITC Worth  17.70 crores

The Mumbai Court has granted the bail to the accused, Hanumant Baburao Ekwade of...

FinMin Constitutes of RODTEP Committee 2025

The Finance Ministry has notified the constitution of  Remission of Duties and Taxes on...

Insurers to Levy 18% GST on Agents’ Commission as ITC Withdrawal Hits Industry

Two weeks after the government announced a reduction in Goods and Services Tax (GST)...

Provisional Sanction Of Refund Claims On The Basis Of Identification, Evaluation Of Risk By System: CBIC

The Central board of Indirect Taxes and Customs (CBIC) has enabled the provisional sanction...

State Can’t Revise Assessment for Missing ‘C’ and ‘D’ Forms Prior to 2002 Finance Act: Supreme Court

The Supreme Court has held that the State Government was not competent to issue...

Punjab & Haryana HC Grants Bail To Person Accused Of GST Evasion Worth Rs.116.53 Crores

The Punjab & Haryana High Court has granted bail to persons, Sovit Bansal, Karan...

Intelligence-Based GST Enforcement  Relating To Tax Evasion Can Be Initiated By Central Or State Tax Administration: J&K HC

The Jammu and Kashmir High Court has held that the intelligence-based GST enforcement  relating...

Officers Promoted To Grade Of Assistant Commissioner Of Customs & Indirect Taxes In Level 10

The President has notified the promotion of the officers to the grade of Assistant...

AP High Court Declines to Intervene in Rs. 130.61 Crore GST Fake ITC Dispute, Directs Matter to Appellate Authority

The Andhra Pradesh High Court has refused to directly adjudicate a massive Rs. 130.61...

Calcutta High Court Directs GSTN to Activate Taxpayer’s Portal, Stays Order Pending Appeal

The Calcutta High Court has directed the Goods and Services Tax Network (GSTN) to...

Detention, Penalty Imposition Bad in Law in Absence of Tax on Inter-State Movement of Motor Grader for Works Contract: Allahabad HC

The Allahabad High Court has quashed the penalty and detention orders, holds detention and...