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
GST
Key Highlights Of 56th GST Council Meet
The 56th GST Council Meet was headed by the Union Finance Minister on 1st...
GST
56th GST Council Meet: GST Refunds Extended to Low-Value Export Consignments
In a major relief for India’s micro, small, and medium exporters, the Central Board...
GST
56th GST Council Unveils Sweeping Restructuring of Tax Slabs; Essentials, Automobiles, Luxury Goods Impacted
The Goods and Services Tax (GST) Council, chaired by Union Finance Minister Nirmala Sitharaman,...
GST
SAVE BIG THIS DIWALI: Govt Announces Next-Gen GST Reforms on Essentials, Healthcare, Automobiles & More
In what is being hailed as a “historic Diwali gift” for citizens, the Government...
Other Laws
Bombay High Court Dismisses Petition by 77-Year-Old Zaibunissa Khan Over Forfeited Flats Linked to Tiger Memon
The Bombay High Court has dismissed a writ petition filed by Zaibunissa Ebrahim Khan,...
Columns
Shehbaz Sharif Bats for Stronger Ties with Russia, Calls Putin a ‘Dynamic Leader’
In a move seen as a significant diplomatic signal, Pakistan Prime Minister Shehbaz Sharif...
Notification
Finalization of Books of Accounts for Audit: Detailed Checklist Released for FY 2024–25
As the financial year draws to a close, tax professionals and businesses are preparing...
GST
Customs Dept. Can’t Withhold IGST Refund Merely Based On Difference Between GST Data And Customs Data: Gujarat High Court
The Gujarat High Court has held that the customs department could not have withheld...
Money Hacks
Best Mutual Fund Strategy: Gold and Silver ETFs Rally Nearly 40% in a Year
Precious metals are glittering brighter than ever. Gold and silver exchange-traded funds (ETFs) have...
Notification
ICAI Urges Members to Pay Membership and COP Fees by September 30 to Avoid Disruption
The Institute of Chartered Accountants of India (ICAI) has issued an advisory reminding its...
Columns
How Homeowners Can Save Tax on Property Sales Using Sections 54 and 54F?
Selling a residential property or land in India often results in long-term capital gains...
Other Laws
SpiceJet To Pay Rs. 55,000 Compensation for Passenger Stranded 14 Hours with Only Burger and Fries: Mumbai Consumer Commission
The District Consumer Disputes Redressal Commission in Mumbai has directed SpiceJet to pay Rs....