Pre-Deposit Refund Must Carry Interest for Entire Period, Even Where Assessee Delayed Refund Claim by Over 5 Years: CESTAT

The Customs, Excise & Service Tax Appellate Tribunal (CESTAT), New Delhi Principal Bench, has held that interest on refund of a statutory pre-deposit under...

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...

Pre-Deposit Refund Must Carry Interest for Entire Period, Even Where Assessee Delayed Refund Claim by Over 5 Years: CESTAT

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

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...

Deposited TDS Can’t Continue as Principal Liability: ITAT Directs Fresh Verification of Interest and REC Registration Charges

The Income Tax Appellate Tribunal (ITAT), Mumbai Bench, has set aside key aspects of...

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...

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...

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

Pre-Deposit Refund Must Carry Interest for Entire Period, Even Where Assessee Delayed Refund Claim by Over 5 Years: CESTAT

The Customs, Excise & Service Tax Appellate Tribunal (CESTAT), New Delhi Principal Bench, has held that interest on refund of a statutory pre-deposit under Section 35FF of the Central Excise Act, 1944 is payable for the entire period from the date of pre-deposit until...

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

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...

Govt. Extends RoDTEP Scheme for Exporters Till March 2026

The Ministry of Commerce and Industry has announced the extension of the Remission of...

No GST Order Affecting Civil Rights Of Citizen, Can Be Passed Without Affording An Opportunity Of Hearing: Uttarakhand High Court 

The Uttarakhand High Court at Nainital Bench has held that no GST order affecting...

RBI Eases Rules for Closure of Bills of Entry on Free of Cost and Sample Imports

In a significant move aimed at simplifying foreign trade procedures, the Reserve Bank of...

GST Rate Cuts Must Reflect in Lower Prices, Not Just Increased Quantity: Delhi High Court

The Delhi High Court has made it clear that any reduction in Goods and...

Supreme Court Rules MFN Clause in Tax Treaties Not Automatic; Nestlé SA’s Curative Plea Dismissed

The Supreme Court of India has dismissed the curative petition filed by Swiss multinational...

Medical Expense of Director is an Allowable Business Expenditure in Hands of Company: ITAT

The Ahmedabad Bench of Income Tax Appellate Tribunal (ITAT) has held that medical expense...

What to Expect from India’s Final DPDP Rules: Bridging Critical Gaps in the Digital Privacy Framework

This article is written by Kaustubh Shakkarwar and Gauri Gupta, Associate, From Data>Nuance Consulting....

MCA Extends Deadline for Filing DIR-3 KYC and DIR-3 KYC-WEB Without Fee till October 15, 2025

The Ministry of Corporate Affairs (MCA) has extended the deadline for filing e-form DIR-3...

Reliance By Customs Dept. on Chartered Engineer’s Certificate Without Cross-Examination Violates Natural Justice: CESTAT

The Mumbai Bench of Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has held...

Supreme Court Upholds Karnataka High Court Order Quashing FIR Against Bengaluru Poker Club, Keeps Legal Question Open

In a significant development for India’s gaming industry, the Supreme Court has upheld a...