Indirect Taxes
Foreign Customs Declarations Admissible U/s 139: CESTAT Upholds Differential Duty and Equal Penalty in Undervaluation Case
The Principal Bench of the Customs, Excise & Service Tax Appellate Tribunal (CESTAT), New Delhi, has allowed three appeals filed by the Department holding...
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
Foreign Customs Declarations Admissible U/s 139: CESTAT Upholds Differential Duty and Equal Penalty in Undervaluation Case
The Principal Bench of the Customs, Excise & Service Tax Appellate Tribunal (CESTAT), New...
Direct Tax
ITAT Quashes Reassessment as S. 148 Approval Was Granted by Wrong Authority After 3 Years
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has quashed a reassessment...
Direct Tax
Rejection of GST Refund Can’t Automatically Bar Deduction as Business Expenditure Under Income Tax Act: ITAT
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has held that the...
Direct Tax
Investigation Wing Information Alone Can’t Establish Failure to Disclose Material Facts: ITAT Quashes Reassessment Beyond 4 Years
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has quashed reassessment proceedings...
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...
Direct Tax
S. 80P(2)(d) Deduction Allowable On Interest Earned By Cooperative Housing Society From Cooperative Banks: ITAT
The Income Tax Appellate Tribunal (ITAT), Mumbai Bench, has allowed the appeal holding that...
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 Rectification Order Not Communicated to Taxpayer: Orissa High Court Quashes Rejection Citing Record Discrepancies
The Orissa High Court has set aside a GST authority’s order rejecting an application...
GST
GST ITC Distribution Can’t Be Tied Solely to Invoice Date: Supreme Court to Examine When Credit Becomes Legally Available
The Supreme Court is set to examine a significant GST dispute concerning the precise...
GST
Supreme Court Dismisses GST Dept.’s Challenge Over Rs. 70.09 Lakh Refund Due to 394-Day Delay; Keeps Rule 90(2) Interpretation Open
The Supreme Court has dismissed the Special Leave Petitions filed by the Commissioner of...
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
Foreign Customs Declarations Admissible U/s 139: CESTAT Upholds Differential Duty and Equal Penalty in Undervaluation Case
The Principal Bench of the Customs, Excise & Service Tax Appellate Tribunal (CESTAT), New Delhi, has allowed three appeals filed by the Department holding that documents received through proper channels from Chinese/Hong Kong Customs authorities could be relied upon under Section 139 of the...
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
International Taxation
Trump Slaps 50% Tariff on India Over Russian Oil Imports
The United States has imposed a steep 50% tariff on Indian goods over its...
Columns
Chief Commissioner S.K. Rahman Hands Over Rs. 23 Lakh Cheque to Support Wayanad Landslide Survivors
In a compassionate gesture of solidarity with the victims of the devastating landslides in...
GST
Notification 56/2023 extending time limit to pass order Is Illegal: Madras HC Takes Up 100+ Petitions Challenging GST Demands
In a major development impacting hundreds of small and medium enterprises (SMEs) across Tamil...
Indirect Taxes
India and Dominican Republic Sign Joint Action Plan for AEO Mutual Recognition Agreement
Marking a significant step in strengthening bilateral trade and customs cooperation, India and the...
Columns
Who Will Represent the Department Before GSTAT – Advocates or Departmental Officers? A Crucial Question Remains Unanswered
As the much-awaited Goods and Services Tax Appellate Tribunal (GSTAT) gears up for functioning,...
Tax Experts
Rajesh Jain Appointed as Judicial Member at GSTAT: A Stalwart of Indirect Taxation Joins the Bench
The appointment of Mr. Rajesh Jain as a Judicial Member of the Goods and...
Tax Experts
Pramod Rai Appointed As Judicial Member of GST Appellate Tribunal: Know Him
Mr. Pramod Rai, a distinguished lawyer, former IRS officer, and educationist, has been appointed...
Notification
ICAI Announces Merit List for ISA Assessment Test Held in January 2025
The Institute of Chartered Accountants of India (ICAI) has officially released the Merit List...
GST
Retired But Not Tired In Majority In GSTAT – An Analysis
The recently approved list of appointments to the Goods and Services Tax Appellate Tribunal...
GST
Entity Providing Support Services to Foreign Client Not an ‘Intermediary’; Karnataka High Court Directs GST Refund
The Karnataka High Court has directed the goods and service tax (GST) refund held...
GST
Centre Clears Technical Members for GSTAT; Several States Still Lag Behind
The Appointments Committee of the Cabinet (ACC) has given its long-awaited approval to the...
GST
Ready for GSTAT? Essential Rules, Procedures for Advocates
The Goods and Services Tax Appellate Tribunal (GSTAT) has emerged as a crucial institution...