Direct Tax
Mere Cash Withdrawal by Third Party Cannot Justify Reopening: Gujarat High Court
The Gujarat High Court has quashed an Income Tax reassessment notice issued under Section 148 of the Income Tax Act, 1961, holding that reopening...
Notification
Centre Revises Central Excise Levies on Petrol, ATF and Diesel Exports; Petrol SAED and Diesel RIC Reduced to Nil
The Ministry of Finance, Department of Revenue, has issued a fresh set of Central Excise notifications revising the duty framework applicable to specified petroleum products cleared for export. The Government has modified the rates of Special Additional Excise Duty (SAED) and Road and Infrastructure Cess...
Other Laws
Appellate Court Can’t Remand Criminal Appeal Merely for Re-Appreciation of Evidence; Must Decide Appeal on Merits: Rajasthan High Court
The Rajasthan High Court has held that an appellate court cannot remand a criminal...
Other Laws
CA, CS, CMA Vs Advocates: Delhi HC Asks BCI To Clarify Its Plea Restricting Non-Advocates From Appearing Before Authorities
The Delhi High Court has sought further clarity in a long-running legal dispute concerning...
Direct Tax
Mere Cash Withdrawal by Third Party Cannot Justify Reopening: Gujarat High Court
The Gujarat High Court has quashed an Income Tax reassessment notice issued under Section...
Notification
CBIC Cadre Management Under Scrutiny: Why Officers from 1997 to 2008 Batches Are Now in Commissioner Grade?
A striking feature of the current cadre structure of the Central Board of Indirect...
Indirect Taxes
Suspended Public Notice Cannot Support DFIA Duty Demand: Madras High Court Quashes Customs Seizure of Wheat Gluten
The Madras High Court has quashed a customs seizure memo issued against an importer...
Indirect Taxes
Steamer Agent Liable for Customs Penalty Over Grossly Misdeclared Cargo: Madras High Court
The Madras High Court has held that a steamer agent who lodges the Import...
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
Reopening Based on Issues Already Examined in Scrutiny Is Mere Change of Opinion: Gujarat High Court
The Gujarat High Court has quashed reassessment proceedings holding that the Income Tax Department...
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
Overlap Between SCGST and CGST Proceedings Must Be Examined in Appeal: Delhi High Court Declines to Quash Rs. 4.80 Crore GST Demand
The Delhi High Court has declined to exercise its writ jurisdiction to interfere with...
GST
GST Dept. Can’t Straightaway Issue DRC-01 Without First Scrutinising Bank’s Self-Assessment Returns: Madras HC
The Madurai Bench of the Madras High Court has set aside a GST demand...
GST
Strict Limits on GST Confiscation of Goods in Transit: Supreme Court Refuses To Interfere In Gujarat HC’s Ruling
The Supreme Court has declined to interfere with the Gujarat High Court’s judgment laying...
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
Suspended Public Notice Cannot Support DFIA Duty Demand: Madras High Court Quashes Customs Seizure of Wheat Gluten
The Madras High Court has quashed a customs seizure memo issued against an importer of Vital Wheat Gluten, holding that the Directorate of Revenue Intelligence (DRI) could not form the requisite “reason to believe” under Section 110 of the Customs Act, 1962 on 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
GST
Fake ITC: IMEI Tracking of iPhones Reveals No Actual Goods Movement: Faridabad Court Refuses Bail
The Faridabad Court has refused the Bail in Rs. 60 Crore Fake Input Tax...
International Taxation
India-UK Sign Landmark FTA Aimed at Boosting Bilateral Trade by £25.5 Billion by 2040
India and the United Kingdom have signed a comprehensive free trade agreement (FTA) during...
Direct Tax
Sitharaman Orders Swift Withdrawal of Low-Value Tax Appeals to Cut Litigation Load
In a major push to reduce tax-related litigation and improve service delivery, Union Finance...
Company & PMLA
ED Raids Anil Ambani-Linked Firms Over Rs. 3,000 Cr Yes Bank Loan Fraud; SBI Labels Him ‘Fraud’ Account Holder
The Enforcement Directorate (ED) on Thursday launched an extensive raid across multiple locations in...
Indirect Taxes
Customs Act Applies, But Baggage Rules Don’t Cover Transit Passengers: CESTAT Issues Corrigendum
The Customs, Excise & Service Tax Appellate Tribunal (CESTAT), Principal Bench, New Delhi, has...
Other Laws
Cheque Bounce Complaint Valid Even Without Naming Partnership Firm as Accused: Supreme Court
The Supreme Court has held that a complaint under Section 138 of the Negotiable...
Columns
Taxpayers Raise Concerns Over ITR-3 Filing: No Option to Select ‘Not Applicable’ for Opt-Out Query
A recent update to the Income Tax Return (ITR) Form 3 for the Assessment...
Indirect Taxes
Custom Duty & IGST Shock: Indian Consumer Pays ₹11,800 on ₹25,000 Camera Gear Imported from USA
A tweet from content creator Gagan Choudhary has gone viral, reigniting public debate on...
Notification
CMA Neeraj Dhananjay Joshi Elected Vice President of ICMAI for 2025–2026
The Institute of Cost Accountants of India (ICMAI) has announced the election of CMA...
Money Hacks
Rs. 1.44 Lakh Deducted from SBI Account Without Consent; Customer Trapped Between Bank and Cyber Cell
A State Bank of India (SBI) customer has reported a troubling incident in which...
GST
5% GST on Flavoured Milk: Supreme Court Dismisses Centre’s Plea
The Supreme Court of India has upheld the classification of flavoured milk as taxable...
Notification
India Begins Accepting Electronic Certificate of Origin from Mauritius Under Bilateral CECPA
The Central Board of Indirect Taxes and Customs (CBIC) has notified that the Indian...