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 of the President, bringing a series of significant changes 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 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...

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...

Court Directs CBI to File Reply to Rajesh Bothra’s Discharge Application against Alleged Fake Bills of Lading in Rotomac Bank Fraud Case

Court hearing the Rotomac Exim bank fraud case has directed the Central Bureau of...

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...

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...

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...

Can NaFAC Conduct Reassessment Before March 29, 2022? ITAT Upholds Faceless Jurisdiction

The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has rejected a legal...

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...

CAG Flags ₹25,085 Crore Taxation Lapses in 1,902 Cases; Excess Tax Charges Found in 174 Assessments

The Comptroller and Auditor General of India (CAG) has flagged significant lapses in the...

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

Supreme Court to Noida Resident in Stray Dog Feeding Row: Public Streets Aren’t Feeding Grounds

The Supreme Court on Tuesday raised pointed questions while hearing a plea alleging harassment...

Online Gaming Firms Term 28% GST as Legally Defective in Supreme Court

Online real-money gaming companies have challenged the 28% Goods and Services Tax (GST) on...

GST Reverse Charge Mechanism (RCM): Key Services Under Scanner as May 2025 Update Expands Scope

The Tamil Nadu GST Practitioners Association (TNGSTPA) has issued a crucial advisory for business...

Gold Smuggling in Shoes: CESTAT Cuts Rs. 30 Lakh Penalty to Rs. 10 Lakh

The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Kolkata, has reduced the penalty...

Top Skills That Help You Earn Without Investment in 2025

In today’s digital world, the traditional notion of “you need money to make money”...

Skill Development Training Exempt from Service Tax, Strikes Down Rs. 52 Lakh Demand: CESTAT

The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Kolkata bench, has ruled that...

Trump Unveils Trade Pact with Indonesia Featuring 19% Tariff, Aims to Slash US Trade Deficit

U.S. President Donald Trump on Tuesday announced a new trade agreement with Indonesia that...

Gujarat High Court Declines to Interfere with State GST Advisory On Interest For Delayed Tax Payment

The Gujarat High Court has refused to quash an advisory issued by the Assistant...

Providing G-Card Holder Login Credentials To 3rd Party Leads to Import Misdeclaration: CESTAT Upholds Revocation of Customs Broker Licence

The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Kolkata has upheld the revocation...

Sameer Wankhede vs CBI: Bombay HC Order Out — What It Really Says?

Juris Hour had earlier covered the live courtroom proceedings in the high-profile tussle between...

Rakt Chandan Racket Busted: Syndicate Used Coconut Fibre Cover to Exploit Customs Loophole via Pune

A major breakthrough in the red sandalwood (Rakt Chandan) smuggling case has revealed Pune’s...

Timeframe In Which Karnataka High Court Granted Interim Bail In Rs. 665 Cr GST Fraud Case Raises Serious Questions: Supreme Court

The Supreme Court on Tuesday quashed the interim bail granted by the Karnataka High...