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ITAT Deletes Rs. 168.31 Crore Share Premium Addition Against Hero Fincorp

The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has allowed the appeal of Hero Fincorp Limited, deleting a substantial addition of ₹168.30...

CBIC Promotes 8 Officers to Chief Commissioner/Director General Grade in IRS (Customs & Indirect Taxes)

The Central Board of Indirect Taxes and Customs (CBIC) has notified the promotion of eight officers of the Indian Revenue Service (Customs & Indirect Taxes) to the grade of Chief Commissioner / Director General of Customs & Indirect Taxes in Level 16 of the...

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...

ITAT Deletes Rs. 168.31 Crore Share Premium Addition Against Hero Fincorp

The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has allowed the appeal...

S. 10A Deduction and Rejects Transfer Pricing Adjustment Upheld: ITAT 

The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has dismissed the Revenue’s...

Clandestine Removal Can’t Be Proved on Assumptions Alone: CESTAT

The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Kolkata Bench, has set aside...

DRI | Confiscation of 6 Kg Gold Seized in Kolkata Upheld: CESTAT Reduces Penalty on Alleged Mastermind

The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Kolkata Bench, has upheld the...

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...

Senior Citizen Savings Scheme Gets 5 Key Rule Changes From July 1, 2026

The Senior Citizen Savings Scheme (SCSS), one of India's most popular government-backed retirement investment...

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...

STPI’s SOFTEX Certification and NoC Charges Taxable as Business Support Services: CESTAT 

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

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)...

Is Nukkad Natak Performances Exempted From GST? Patna High Court Directs Examination 

The Patna High Court has directed the GST appellate authority to reconsider a dispute...

Gauhati High Court Denies Anticipatory Bail in ₹3.12 Crore Fake GST Invoice Case

The Itanagar Bench of the Gauhati High Court has rejected an application for anticipatory...

₹3.62 Crore Fund Diversion Case: Punjab & Haryana HC Grants Bail Over Fake Vendor and 54 Forged Invoices

The Punjab and Haryana High Court has granted regular bail to Virender Bhardwaj, an...

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

STPI’s SOFTEX Certification and NoC Charges Taxable as Business Support Services: CESTAT 

The Hyderabad Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has held that charges collected by the Software Technology Parks of India (STPI) for certification of SOFTEX forms, issuance of No Objection Certificates (NoCs) and allied assistance to software-exporting units are...

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

Justice Markandey Katju Issues Public Apology After SCWLA Condemns His “Winking” Remark Against Women Lawyers

Justice Markandey Katju on Friday issued a public apology after the Supreme Court Women...

DRI Seizes Drugs on Rajdhani Express Route

In a pan India operation code named Operation “WeedOut”, Directorate of Revenue Intelligence (DRI) dismantled...

DRI Officers Can Issue SCN In Drawback Cases: CESTAT

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

Faridabad CGST Cracks Supplier Fraud, Helps Delhi West Uncover Rs. 523 Cr GST ITC Scam; Court Denies Bail

The Delhi Court has rejected the bail pleas of accused, who were arrested earlier...

56th GST Council Meeting To Be Held On 3rd and 4th September 2025

The Goods and Service Tax Council has issued the office memorandum notifying the 56th...

Acer India’s Interactive Flat Panels to Attract 28% GST: AAR

The Tamil Nadu Authority for Advance Ruling (AAR) has held that Acer India Private...

ITC on Electrical Works for Factory Expansion Not Allowed: AAR

The Tamil Nadu Authority for Advance Ruling (AAR) has clarified that Input Tax Credit...

Fire-Fighting Systems Can’t Qualify As ‘Plant And Machinery’, GST ITC Not Available: AAR

The Tamil Nadu Authority for Advance Ruling (AAR) has held that Input Tax Credit...

Anti-Profiteering Alert: GSTAT Pulls Up L’Oréal Distributor for Withholding Tax Cut Benefits

As discussions around potential GST rate cuts gather momentum, a recent order by the...

No Reverse Charge on Purchases of Construction Materials from Unregistered Dealers: AAR

The Tamil Nadu Authority for Advance Ruling (AAR) has held that the purchase of...

Joint Account Holders Face Tax Notice Glitches Under Rule 114E: Experts Call for Urgent Fix

A growing concern has emerged regarding the implementation of Rule 114E(2) of the Income...

Tax Concepts In New Income Tax Act 2025 That Every Taxpayer Must Know

The Income Tax Act, 2025 replaces several outdated provisions of the Income Tax Act,...