Compensation for Delayed Possession Of Flats To Homebuyers Can’t Be Limited by One-Sided Builder Clauses: Supreme Court

The Supreme Court has upheld the authority of consumer forums to award fair compensation for delayed possession of flats, holding that contractual clauses limiting...

Cabinet Secretariat Directs Senior Officers to Attend India AI Impact Summit 2026

The Cabinet Secretariat has directed senior government officials across ministries and departments to attend the ongoing India AI Impact Summit 2026 at Bharat Mandapam, New Delhi, and submit detailed notes on potential AI applications within their respective departments.In an Office Memorandum dated February 16,...

IDFC First Bank Flags Rs. 590 Crore Discrepancy in Haryana Government-Linked Accounts; 4 Officials Suspended

In a significant regulatory disclosure, IDFC First Bank has reported a suspected fraud involving...

Compensation for Delayed Possession Of Flats To Homebuyers Can’t Be Limited by One-Sided Builder Clauses: Supreme Court

The Supreme Court has upheld the authority of consumer forums to award fair compensation...

Extended Limitation Not Invocable Without Suppression: CESTAT Quashes Service Tax Demand on Online Advertisement

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

HRA Claims: Disclosure of Landlord Relationship to Become Mandatory Under New Draft Tax Rules

In a significant move aimed at plugging revenue leakages and preventing misuse of House...

GSTN Enables Online Facility to Withdraw from R. 14A Registration via Form GST REG-32

The Goods and Services Tax Network (GSTN) has introduced a new online functionality allowing...

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...

Service Tax Demand Based Solely on Form 26AS Unsustainable When Underlying Services Are Exempt: CESTAT

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

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...

GSTN Enables Online Facility to Withdraw from R. 14A Registration via Form GST REG-32

The Goods and Services Tax Network (GSTN) has introduced a new online functionality allowing...

ITC Allowed on Leasehold Rights, Not Blocked U/s 17(5) as Transaction Is Not Construction Activity: Gujarat High Court

The Gujarat High Court has held that the input tax credit (ITC) is eligible...

Chhattisgarh High Court Denies Bail in GST Bribery Case Over Alleged Impersonation of Commissioner, Conspiracy to Demand Bribe

The Chhattisgarh High Court has rejected the second bail application of an accused allegedly...

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

Service Tax Demand Based Solely on Form 26AS Unsustainable When Underlying Services Are Exempt: CESTAT

The Allahabad Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has held that services relating to road and canal construction provided to government authorities are exempt under the applicable service tax notification and the service tax demand based solely on Form...

Searches Under Sales Tax Act, 1990 Doesn’t Require Prior Magistrate Permission: Lahore High Court

The Lahore High Court’s Bahawalpur Bench has dismissed a constitutional petition challenging the legality...

UAE Sets July 2026 Deadline for Mandatory E-Invoicing; Strict Penalties Announced for Delay and Non-Compliance

In a major push towards digitised tax administration, the UAE has confirmed that electronic...

56th GST Council Meeting Begins Today at 11 AM, Led by Finance Minister Nirmala Sitharaman

The 56th meeting of the Goods and Services Tax (GST) Council is scheduled to...

LIVE Updates | Trump Targets India-Russia Ties, Slaps 25% Tariffs on Indian Imports

In a sharp escalation of trade tensions, U.S. President Donald Trump launched a scathing...

Latest Articles

Tax Evasion | Order Blocking GST ITC By Nullifying Property Alienation Without Fixation Of Liability, Not Sustainable: Andhra Pradesh High Court

The Andhra Pradesh High Court has held that the alienation of property took place...

Relief To Union Bank | Income Tax On Book Profits Not Applicable On ‘Corresponding New Bank’: ITAT

In a major relief to the Union Bank of India, the Mumbai bench of...

Customs Duty Exemption Benefit Claim In Bills Of Entry Doesn’t Amount To Mis-Declaration: CESTAT

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

No Service Tax Payable On Laying Electrical Cables Upto Distribution Point Of Residential/Commercial Localities: CESTAT

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

Maintenance Of Fire Fighting Equipments Does Not Fall Under ‘Manpower Recruitment Or Supply Agency Service’: CESTAT

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

Hexaware Technologies Case | Income Tax Dept. Files SLP Before Supreme Court Against Bombay High Court Judgement: Know Key Developments

The Income Tax Department has recently filed the special leave petition (SLP) against the...

Income Tax Deduction Allowable on Interest Income Received On Deposits Of Surplus Profits: Kerala High Court

The Kerala High Court has held that income tax deduction is allowable on interest...

AO Failed To Examine Material Found During Search; Delhi High Court Quashes S.153C Notices 

The Delhi High Court has quashed the notices issued pursuant to the search action...

VAT | Kerala High Court Upholds Addition On Freight Charges Separately Specified As Deduction In Invoices To Taxable Turnover

The Kerala High Court has upheld the addition of freight charges separately specified as...

Delhi High Court Quashes Income Tax Reassessment Based On Valuation Officer Report: Delhi High Court

The Delhi High Court has quashed income tax reassessment based on AO’s estimation.The bench...

Completed Income Tax Assessments Can’t Be Reopened Without New Material: Delhi High Court

The Delhi High Court has held that completed income tax assessments cannot be reopened...