Indirect Taxes
Reversal Of CENVAT Credit Along With Interest Amounts To Non-Availment Of Credit: CESTAT
The Kolkata Bench of Customs, Excise and Service Tax Appellate Tribunal (CESTAT) set aside a service tax demand of over Rs. 4.28 crore along...
Notification
CBIC to Host National Symposium on Customs Reforms and Celebrate International Customs Day 2026 in New Delhi
The Central Board of Indirect Taxes and Customs (CBIC) will host the National Symposium on Customs Reforms 2026 alongside the celebration of International Customs Day 2026 in the national capital tomorrow. The theme for this year’s observance is “Customs Protecting Society through Vigilance and Commitment.”MoS...
Other Laws
S. 143 Conversion Bars Regularisation U/s 123 of U.P. Z.A. & L.R. Act: Supreme Court
The Supreme Court has upheld the regularisation of possession of Scheduled Caste and Scheduled...
Other Laws
Supreme Court Dismisses Plea Challenging Section 20(2)(a) of BNSS
The Supreme Court of India has dismissed a petition challenging the constitutional validity of...
Indirect Taxes
Reversal Of CENVAT Credit Along With Interest Amounts To Non-Availment Of Credit: CESTAT
The Kolkata Bench of Customs, Excise and Service Tax Appellate Tribunal (CESTAT) set aside...
Indirect Taxes
Exemption Interpretation Not Customs Broker’s Responsibility: CESTAT Quashes Licence Revocation
The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Mumbai, has set aside the...
Notification
CBIC to Host National Symposium on Customs Reforms and Celebrate International Customs Day 2026 in New Delhi
The Central Board of Indirect Taxes and Customs (CBIC) will host the National Symposium...
Indirect Taxes
CENVAT Credit Refund Can’t Be Denied For Want Of Nexus Between Input Services And Exported Output Services: CESTAT
The Customs, Excise & Service Tax Appellate Tribunal (CESTAT), Mumbai Bench, has allowed substantial...
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, marking a significant moment ahead of the presentation of the...
Money Hacks
Invest in Copper ETF with Rs. 10 Only
Copper has emerged as a strategically important metal in the global economy due to...
Money Hacks
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...
GST
GST General Penalty For Delayed Annual Return Not Sustainable When Late Fee Already Been Paid: Madras HC
The Madras High Court has set aside the levy of general penalty imposed under...
CCI | GST | Direct Tax
CCI
CCI Approves Acquisition Of Jaiprakash Associates By Vedanta
The Proposed Combination envisages acquisition of Jaiprakash Associates Limited (JAL) by Vedanta Limited (Acquirer)...
CCI
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...
CCI
Mandatory Condition Of Prima Facie Anti-Competitive Agreements, Abuse Of Dominant Position Absent, CCI Can’t Direct Investigation: Gauhati High Court
The Gauhati High Court has held that the decision of the Competition Commission of...
CCI
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...
CCI
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...
GST
GST General Penalty For Delayed Annual Return Not Sustainable When Late Fee Already Been Paid: Madras HC
The Madras High Court has set aside the levy of general penalty imposed under...
GST
Whether HC Can Remit GST Order After Expiry of S. 107 Appeal Limitation? Madras HC Allows Fresh Adjudication on 50% Pre-Deposit
The Madras High Court has held that even after the expiry of the statutory...
GST
Madras High Court Directs Unblocking of ITC After One-Year Period U/R 86A Expires
The Madras High Court has directed the tax department to unblock the Input Tax...
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
Reversal Of CENVAT Credit Along With Interest Amounts To Non-Availment Of Credit: CESTAT
The Kolkata Bench of Customs, Excise and Service Tax Appellate Tribunal (CESTAT) set aside a service tax demand of over Rs. 4.28 crore along with penalties imposed under the Finance Act, 1994, held that reversal of CENVAT credit along with interest amounts to non-availment...
International Taxation
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...
International Taxation
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...
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,...
Live Updates
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
Indirect Taxes
SCN Issued Via E-Mail Service Provided By Non-Govt. Agency Is Valid; Delhi High Court Refuses To Release Gold Bars
The Delhi High Court while refusing to release the seized gold bars held that...
Indirect Taxes
Direct Marketing Associates Providing Loan Arrangement Services To Bank Liable To Pay Service Tax On Gross Commission: CESTAT
The Chandigarh Bench of Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has held...
Indirect Taxes
Oil To Be Assessed As Part Of Ship For Determining Customs Duty: CESTAT
The Ahmedabad Bench of Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has held...
Direct Tax
AO Can Ascertain Fair Market Value of Shares If Doubts Valuation: Delhi High Court
The Delhi High Court has held that the AO can ascertain the Fair Market...
Direct Tax
Sales As Per Books Of Accounts Out Of Stock Available Could Be Regarded As Cash Sales: ITAT Deletes Income Tax Addition
The Income Tax Appellate Tribunal, Delhi ruled that sales in stock on cash basis...
Direct Tax
PCIT Lacks Unlimited Power To Revise Every Order Already Examined By AO: ITAT
Author: Khushi J PrajapatiThe Income Tax Appellate Tribunal Ruled that PCIT lacks unlimited...
Indirect Taxes
Andhra Pradesh High Court Directs DGFT Not To Obstruct Non-Basmati White Rice Exporters In Fulfilment Of Contractual Obligations With Foreign Buyers
The Andhra Pradesh High Court has directed the Directorate General Of Foreign Trade (DGFT)...
International Taxation
Assessee Not Liable To Be Taxed On Cancellation Of Indebtedness Income: US Tax Court
The US Tax Court held that the assessee is not liable for tax on...
Indirect Taxes
“Import And Export Regulations Must Be Rational To Effectively Balance Economic Interests With National And Global Security,” Says Delhi High Court
The Delhi High Court said that "import and export regulations must be rational to...
Indirect Taxes
Delhi High Court Quashes Assistant DGFT’s Order Imposing Penalty Of Rs. 50,00,000 Under Foreign Trade (Development & Regulation) Act, 1992
The Delhi High Court quashed the assistant DGFT's order imposing a penalty of rs....
Indirect Taxes
DGFT Can’t Deny MEIS Incentives For Mere Non- Declaration In Shipping Bills: Delhi High Court
The Delhi High Court held that DGFT can't deny MEIS incentives for mere non-...
Columns
Applicability Of TDS In Day To Day Life Of A Layman
Author: Khushi J PrajapatiIn India, TDS is a way for the government to collect...