JURISHOUR | TAX LAW DAILY BULLETIN : FEBRUARY 27, 2026

Here’s the Tax Law Daily Bulletin for February 27, 2026.GSTSERIES OF LACHES ON PART OF GST DEPT. IN HANDLING THE MATTER: CALCUTTA HCLUDHIANA DGGI...

Delhi High Court Declares March 2, 3 and 7 as Holidays During Holi Break Week; Announces Substitute Court Sitting Days

The Delhi High Court has declared Monday, Tuesday and Saturday — March 2, 3 and 7, 2026 — as holidays in the upcoming Holi break week. Wednesday, Thursday and Friday of the same week had already been notified as holidays in the Court’s annual...

Supreme Court Partly Allows Union’s Appeal in Rs. 5.53 Crore Arbitration Dispute with Larsen & Toubro

In a significant ruling on the scope of arbitral powers to award interest under...

Prison Overcrowding: Supreme Court Issues Sweeping Directions to Expand Open Correctional Institutions

The Supreme Court mandates structural reforms to strengthen Open Correctional Institutions, calls them a...

JURISHOUR | TAX LAW DAILY BULLETIN : FEBRUARY 27, 2026

Here’s the Tax Law Daily Bulletin for February 27, 2026.GSTSERIES OF LACHES ON PART...

Surety Liable Only Up to Sanctioned Loan Amount: SC

The Supreme Court has held that a surety is liable only to the extent...

Supreme Court Partly Allows Union’s Appeal in Rs. 5.53 Crore Arbitration Dispute with Larsen & Toubro

In a significant ruling on the scope of arbitral powers to award interest under...

Clubbing Multiple FY U/s 74 Impermissible Without Fraud Allegation: Bombay HC Quashes Consolidated GST Notices

The Aurangabad Bench of the Bombay High Court has quashed multiple show cause-cum-demand notices...

JurisHour Exclusive Live Coverage Of Budget for FY 2026–27

Finance Minister Nirmala Sitharaman arrived at Kartavya Bhawan at the Finance Ministry on Saturday, marking a significant moment ahead of the presentation of the...

Invest in Copper ETF with Rs. 10 Only

Copper has emerged as a strategically important metal in the global economy due to...

Why Silver Prices Are Skyrocketing — And How China’s Export Policy Is Reshaping the Global Market?

Silver prices have surged to multi-year and near-record highs in 2025, significantly outperforming gold...

IBC | Commercial Wisdom of CoC Can’t Be Second-Guessed; Clarifications Do Not Amount to Plan Modification: Supreme Court

The Supreme Court of India held that courts cannot interfere with the commercial decision...

CCI | GST | Direct Tax

CCI Approves Acquisition Of Jaiprakash Associates By Vedanta 

The Proposed Combination envisages acquisition of Jaiprakash Associates Limited (JAL) by Vedanta Limited (Acquirer)...

CCI Dismisses Complaint Against Microsoft for Bundling Antivirus Software Microsoft Defender with Windows

The Competition Commission of India (CCI) has  dismissed the complaint Against Microsoft for Bundling...

Every IP Dispute Can’t Be Converted Into Competition Dispute: Delhi High Court

The Delhi High Court stated that every IP dispute can't be converted into a...

Whether Swiggy Can Share Confidential Data With Restaurant Association? Karnataka High Court Directs CCI To Decide Afresh

The Karnataka High Court directed Competition Commission of India to decide afresh whether swiggy...

Clubbing Multiple FY U/s 74 Impermissible Without Fraud Allegation: Bombay HC Quashes Consolidated GST Notices

The Aurangabad Bench of the Bombay High Court has quashed multiple show cause-cum-demand notices...

GST Dept. Conducts Inspection at Lupin’s Maharashtra Office

The Maharashtra Goods and Services Tax (GST) Department has initiated inspection and search proceedings...

GSTAT Has Power To Grant Interim Stay: Bombay High Court

The Bombay High Court has held that the Goods and Services Tax Appellate Tribunal...

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

Rs. 23.93 Crore Worth of Suspected Ganja Seized at IGI Airport; 2 Passengers Arrested

In a major narcotics interception, Customs officials at Indira Gandhi International (IGI) Airport, New Delhi, have seized 23.936 kilograms of suspected ganja/marijuana from two Indian passengers who arrived from Krabi, Thailand.The operation was carried out by the Air Intelligence Unit (AIU) at Terminal-3 following...

EU and India Finalise Historic Free Trade Agreement, Creating One of the World’s Largest Trade Zones

In a landmark development for global trade, the European Union and India have concluded...

China Permits 44 Companies To Export Silver For 2026–27

According to a statement issued by China’s Ministry of Commerce on Tuesday, a total...

JurisHour Exclusive Live Coverage Of Budget for FY 2026–27

Finance Minister Nirmala Sitharaman arrived at Kartavya Bhawan at the Finance Ministry on Saturday,...

LIVE | Gyanotsav 2026 Day 2: A Power-Packed Knowledge Marathon After a Blockbuster Opening Day

After a high-octane first day marked by back-to-back banger sessions, thought-provoking discussions and an...

Latest Articles

ICAI Extends Last Date For Payment Of Membership Fee Till 31st December, 2024

FAQsIs ICAI membership fee last date extended?What is the last date to pay ICAI...

CBIC Imposes Definitive Anti Dumping Duty On Imports Of ‘Isobutylene-Isoprene Rubber’ 

FAQs On Anti dumping duty Anti dumping duty Is Imposed on which products?What is anti-dumping duty...

No Depreciation On Toll Roads Is Allowable: ITAT

BackgroundConclusion - Depreciation On Toll RoadsFAQsOn which assets depreciation is not allowed?Is depreciation on...

CBIC Amends Export Duty On Varieties Of Rice

FAQsWhat is the export duty on rice?Notification DetailsThe Central Board of Indirect Taxes and...

Gold Smuggling | CESTAT Upholds Confiscation Of 7 Out Of 10 Gold Bars Of Foreign Origin

BackgroundArgumentsRelevant ProvisionsConclusionFAQsHow do customs detect gold smuggling?Who has a Burden To Prove Gold Smuggling?Case...

NFAC | Failure Of Assessee To Submit Documents Sought: Madras High Court Upholds Reassessment

BackgroundArgument By NFAC Income TaxConclusionFAQsWhat is the full form of NFAC Income Tax?Case DetailsThe...

Customs Dept Issued SCN & Order Lacking Statement Of Authorised Representative; Bombay High Court Directs Denovo Consideration

Background - Customs Dept Issued SCN & OrderConclusionFAQsWhether Customs Dept Issued SCN & Order...

Customs Dept’s Commendable Work Of Seizing Gold From Vacuum Cleaner To Mobile Battery Slot: Read Interesting Tweets

The commendable work by customs department for seizing gold from vacuum cleaner to mobile...

GST Registration Can’t Be Cancelled For Mere Discrepancies In Door Number Of Place Of Business: Madras High Court

The Madras High Court has held that the GST registration cannot be cancelled for...

Amnesty Scheme Benefits Can Be Availed Only In Absence Of Bunching SCN: Madras High Court 

BackgroundArgumentsConclusionFAQsCan the amnesty scheme benefits be denied?Case DetailsThe Madras High court has held that...

Dept. Can’t Impose GST On Free Electricity Provided By NHPC: Himachal Pradesh High Court Stays Proceedings

The Himachal Pradesh High Court was of the prima facie view that the department...