Indirect Taxes
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...
Notification
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...
Other Laws
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...
Other Laws
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...
Indirect Taxes
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...
Direct Tax
Income Tax Dept. Can’t Ignore Documents, Furnished by Assessee While Making Unexplained-Credit Addition: Delhi High Court
The Delhi High Court has held that the income tax department cannot ignore documents,...
Indirect Taxes
Customs Broker Licence Revocation Upheld for Lending Credentials and Filing Shipping Bill Without Exporter’s Authorisation: Delhi High Court
The Delhi High Court has upheld the revocation of a Customs Broker licence after...
Supreme Court
Supreme Court Directs Expeditious Completion of Limited Use Subway at Vaniyambadi, Sets Six-Month Timeline for Railway Work
The Supreme Court has directed the Tamil Nadu authorities and Southern Railway to proceed...
Live Updates
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...
Money Hacks
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...
Money Hacks
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...
Indirect Taxes
Delhi High Court Declines to Revisit CENVAT Credit Evidence, Holds Judicial Review of Settlement Commission Orders Narrow
The Delhi High Court has dismissed a writ petition challenging an order of the...
CCI | GST | Direct Tax
CCI
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...
CCI
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...
CCI
Markets Trade Flat Ahead of Union Budget 2026-27
Equity benchmark indices traded in a narrow range on Sunday morning as investors remained...
CCI
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
CCI Approves Acquisition Of Jaiprakash Associates By Vedanta
The Proposed Combination envisages acquisition of Jaiprakash Associates Limited (JAL) by Vedanta Limited (Acquirer)...
GST
GST Proceedings Against Deceased Proprietor Unsustainable Without Notice to Legal Heir: GSTAT
The Goods and Services Tax Appellate Tribunal (GSTAT), Thiruvananthapuram Bench, has set aside GST...
GST
Mere Availment of Ineligible Self-Assessed ITC Doesn’t Amount to Suppression Without Evidence of Fraud or Wilful Misstatement: GSTAT
The Goods and Services Tax Appellate Tribunal (GSTAT), Thiruvananthapuram Bench, has held that the...
GST
Gujarat HC Quashes GST Cancellation Orders After Officer Relied on Non-Existent AI-Generated Case Laws
The Gujarat High Court has quashed a series of GST proceedings against a taxpayer...
Direct Tax
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’...
Direct 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...
Direct Tax
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...
Direct Tax
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...
Direct Tax
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...
Direct Tax
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
Indirect Taxes
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...
International Taxation
U.S. Court Clarifies “Processing Operation”: Marketability Transformation Test Shows MOOWR ‘Other Operations’ Not Limited to Manufacturers
The Arizona Supreme Court has held that machinery used in an industrial healthcare textile...
International Taxation
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...
Live Updates
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...
Live Updates
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
Company & PMLA
Supreme Court Cancels Anticipatory Bail in ED Case; Orders Accused to Surrender for Completion of Probe, Chargesheet Filing
The Supreme Court has cancelled the anticipatory bail on Anil Tuteja who was involved...
Notification
ICAI Issues Revised Schedule for Postponed CA Exams in Kathmandu, Nepal
The Institute of Chartered Accountants of India (ICAI) has released a revised schedule for...
Direct Tax
Writ Petition Filed In Punjab & Haryana High Court Regarding Tax Audit due date extension for FY 2024-25
The writ petition has been filed before the Punjab & Haryana High Court regarding the...
Notification
ICAI Announces Compliance Relaxation on Guidance Notes for Financial Statements of Non-Corporate Entities and LLPs for FY 2024-25
The Institute of Chartered Accountant of India (ICAI) has announced the relaxation in compliance...
GST
Service of SCN via Portal Or In Physical Form? Madras High Court Explains
The Madurai Bench of Madras High Court has clarified that mere uploading of adjudication...
Direct Tax
No Income Tax Payable On Compensation Paid By NHAI Against Land Acquisition: Chhattisgarh High Court
The Chhattisgarh High Court has held that no income tax payable on compensation paid...
GST
GST Inspection Carried Out Without Any Independent Witnesses Quashed: Patna High Court
The Patna High Court has held that the GST inspection was carried out without...
GST
GST Evasion Accused Acquitted For The 1st Time; Court Directs Strict Action Against Officers
In their crackdown on GST evasion, officials at the Central Goods and Services Tax...
Notification
NCB Jodhpur Zonal Unit Destroyed 14.950 Kg Heroin Worth Rs. 29.9 Crores
In a monumental effort to combat the growing drug menace and support the Government...
Indirect Taxes
L.G. Electronics Exempted from Customs Duty On Imported ‘G Watch W7’ Smartwatches From South Korea: Supreme Court
The Supreme Court has held that LG Electronics is exempted from paying customs duty...
Notification
Small Businesses With Turnover Less Than Rs. 2 Core Exempted From Filing GST Annual Returns For FY 2024-25: CBIC
The Central Board of Indirect Taxes and Customs (CBIC) has notified that the small...
Notification
No Provisional Refunds On Areca nuts, Pan masala, Tobacco, Essential Oils Without Aadhar Authentication: CBIC
The Central Board of Indirect Taxes and Customs (CBIC) has notified that there will...