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 lakh on Reliance Industries, payable to the Supreme Court Advocates-on-Record...

Tribunals Reforms Act, 2026: CESTAT, ITAT, NCLAT, SAT and DRTs Brought Under Common Framework With National Tribunals Commission

The Tribunals Reforms Act, 2026 has received Presidential assent, introducing a common framework for the appointment, tenure, removal and service conditions of Chairpersons and Members of several major tribunals, including CESTAT, ITAT, NCLAT, SAT and DRTs. The Act also provides for the establishment of...

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...

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...

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...

MSMED Amendment Act, 2026: TReDS-Based Invoice Settlement, 90-Day Dispute Resolution and Stricter Penalties Introduced for MSMEs

The Micro, Small and Medium Enterprises Development (Amendment) Act, 2026 has received the assent...

Can Strategic Investments Escape S. 14A Disallowance? ITAT Holds Rule 8D Can Apply After AO Records Satisfaction

The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has held that strategic...

BBC Global News: ITAT Restricts Profit Attribution to Indian DAPE at 12%, Rejects 15% Enhancement

The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has partly allowed a...

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...

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...

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...

Tribunals Reforms Act, 2026: CESTAT, ITAT, NCLAT, SAT and DRTs Brought Under Common Framework With National Tribunals Commission

The Tribunals Reforms Act, 2026 has received Presidential assent, introducing a common framework for...

CCI | GST | Direct Tax

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...

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...

Markets Trade Flat Ahead of Union Budget 2026-27

Equity benchmark indices traded in a narrow range on Sunday morning as investors remained...

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 Approves Acquisition Of Jaiprakash Associates By Vedanta 

The Proposed Combination envisages acquisition of Jaiprakash Associates Limited (JAL) by Vedanta Limited (Acquirer)...

GST Levy on Corporate Guarantees Upheld: Gujarat HC

The Gujarat High Court has delivered a significant ruling on the GST treatment of...

Calcutta High Court Allows Appeal Against Ex Parte GST Order After Medical Emergencies Prevented Reply to SCN

The Calcutta High Court has permitted a registered GST taxpayer to pursue a statutory...

S. 74 GST Notice Must Spell Out Statutory Ingredients for Invoking Extended Tax Demand Proceedings: Allahabad High Court 

The Allahabad High Court, Lucknow Bench, has quashed a show cause notice issued under...

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

Hydraulic Oil Liable to Entry Tax Under KTEG Act, Says ‘And Others’ Covers Unenumerated Petroleum Products: Karnataka HC 

The Karnataka High Court has upheld the levy of entry tax on hydraulic oil brought into a local area for use in the manufacture of hydraulic cylinders, holding that hydraulic oil falls within the ambit of Entry 67 of the First Schedule to the...

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...

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...

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@8: Madurai Chapter of ICMAI to Celebrate 8th Anniversary of GST Implementation with Key Event on July 19

The Madurai Chapter of the Institute of Cost Accountants of India (ICMAI) is all...

Nitin Gupta Former CBDT Chairman Appointed Chairperson NFRA 

The Department of Personnel and Training (DoPT), Nitin Gupta, IRS (IT:86), former Chairman of...

CBIC Honoured Among Top Ministries for Exemplary Implementation of LIMBS

The Central Board of Indirect Taxes and Customs (CBIC), under the Ministry of Finance,...

Senior IRS Officer Kapil Raj Resigns from Indian Revenue Service

Shri Kapil Raj, a senior officer of the Indian Revenue Service (Customs & Indirect...

Yemen Murder Case: Victim’s Family Rejects Clemency for Kerala Nurse Nimisha Priya

The execution of Nimisha Priya, a 36-year-old Indian nurse convicted of murder in Yemen,...

Trump Signals India–U.S. Trade Deal “Very Close” Ahead of August Tariff Deadline

U.S. President Donald Trump said discussions are “very close” to reaching a trade agreement...

GST Portal Is Now Enabled To File Appeal Against Waiver Order SPL 07: GSTN

The Goods and Service Tax Network (GSTN) has notified that the GST Portal is...

No Section 14A Disallowance If No Exempt Income Earned: Delhi High Court Dismisses Income Tax Dept’s Appeal

The Delhi High Court has dismissed the Income Tax Department’s appeal challenging an Income...

IPR Infringement | Supreme Court Recognizes Companies As “Victim” Under Criminal Laws

The Supreme Court has recognized the Companies/Corporates as a "victim" under the Criminal Laws.  The...

CBIC Announces Transfer and Postings of Pr. CC, Pr. DG, CC

The government has announced the promotion and transfer of several senior officers in the...

ICSI Announces PMQ Examination for June 2025: Applications Open for Corporate Governance, Arbitration & Internal Audit Courses

The Institute of Company Secretaries of India (ICSI) has officially announced the schedule for...

Mere Tallying Some Diary Entries With Electricity Bills/Bank Statements Insufficient To Allege Tax Evasion: CESTAT

The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Kolkata, has set aside a...