CBDT Clarifies LTC, Medical Reimbursement & Sections 80DD/80DDB Not Available Under New Tax Regime u/s 115BAC

In a significant clarification impacting salaried taxpayers and government departments, the Central Board of Direct Taxes(CBDT) has issued an Office Memorandum clarifying that exemptions...

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,...

Detenue ‘Assaulted, Forced to Drink Urine’: Rajasthan HC Orders Probe into Alleged Police-Doctor Collusion

The Rajasthan High Court has taken serious note of grave allegations of custodial torture...

CBDT Clarifies LTC, Medical Reimbursement & Sections 80DD/80DDB Not Available Under New Tax Regime u/s 115BAC

In a significant clarification impacting salaried taxpayers and government departments, the Central Board of...

Fake GST Raid in Bengaluru: Housekeeping Staff Impersonate Officers, Extort Rs. 5 Lakh from Tobacco Trader

A brazen case of impersonation and extortion has come to light in Bengaluru, where...

Refund of Accumulated ITC Allowed Even When Input and Output Goods Are the Same: Karnataka HC

The Karnataka High Court has allowed the refund of accumulated Input Tax Credit (ITC)...

Appeal Filed Within Limitation Must Be Heard on Merits; Later Pre-Deposit Cannot Lead to Rejection as Time-Barred: CESTAT

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

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...

ED Moves HC to Cancel WinZO Co-Founder Saumya Singh Rathore’s Bail

The Directorate of Enforcement (ED) has intensified its action against real-money gaming platform WinZO...

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...

Fake GST Raid in Bengaluru: Housekeeping Staff Impersonate Officers, Extort Rs. 5 Lakh from Tobacco Trader

A brazen case of impersonation and extortion has come to light in Bengaluru, where...

Refund of Accumulated ITC Allowed Even When Input and Output Goods Are the Same: Karnataka HC

The Karnataka High Court has allowed the refund of accumulated Input Tax Credit (ITC)...

Can GST Dept. Repeatedly Summon Company Director Despite Cooperation? Gauhati HC Examines Scope of S. 70 Powers

The Gauhati High Court has continued interim protection to assessee company and its director...

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

Appeal Filed Within Limitation Must Be Heard on Merits; Later Pre-Deposit Cannot Lead to Rejection as Time-Barred: CESTAT

The Ahmedabad Bench of Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has held that  the appeal is required to be heard on merits if the same has been filed within the limitation period but the pre-deposit has been paid at a later point...

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

Flipkart Employee Retains ESOPs Even After Receipt Of Compensation, Receipt To Be Taxed As Salary: Madras High Court

The Madras High Court has held that the Flipkart employee retains employee stock ownership...

TDS Collected From Deceased Accident Victim: Andhra Pradesh High Court Grants Liberty To Insurance Company To Object Income

The Andhra Pradesh High Court granted liberty to the insurance company to object the...

12% GST Payable On Geo Membrane: Gujarat High Court

The Gujarat High Court has ruled that 12% GST is applicable on geo membranes.The...

GST Acts Restrains Assessee In Default To  Transfer Assets With A Motive To Defeat Revenue’s Interest: Madras High Court

Author: Khushi J PrajapatiThe Madras High Court ruled that GST laws make it impossible...

15% Dividend Distribution Tax Payable By Company Which Declared, Distributed Or Paid Dividend: Delhi High Court

The Delhi High Court ruled that the Dividend Distribution Tax (DDT) is payable by...

The Bills Of Lading Bill, 2024: A Revised Structure for Maritime Trade

Author: Khushi J PrajapatiThe amended bill of Bill Of Lading 2024 was introduced in...

ITAT Chennai Allows Income Tax Deduction U/s 54F On Construction Of New Residential Unit

The Income Tax Appellate Tribunal, Chennai, allowed the Income Tax deduction U/s 54F on...

Exporter Can’t Claim Export Incentives Merely On The Basis Of Inaction Of Customs Dept. In Taking Punitive Action: Madras High Court

The Madras High Court has held that the exporter can't claim export incentives merely...

No Recommendation By GST Council For Limitation Extension Allowing GST Dept. To Issue S. 73 Notice: Gauhati High Court

The Gauhati High Court ruled that there is no recommendation by GST council for...

Purchase Of ‘Jaguar’ Not A Charitable Activities; Chennai ITAT Denies Income Tax Exemption

The Chennai Income Tax Appellate Tribunal denied the Income Tax exemption while stating that...

Liability To Pay Arrears Of Property Tax Can’t Arise Prior To Acquisition Of Ownership: Supreme Court

The Supreme Court held that the liability to pay arrears of property tax can't...

Faceless Assessment Provisions Applicable On International Taxation Charge: Bombay High Court

The Bombay High Court held that the faceless assessment provisions are applicable on international...