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 Hear Review Petitions on ED’s Powers Under PMLA on July 31

The Supreme Court on Tuesday postponed to July 31 the hearing of a series...

Whether Wrong Address & GSTIN on Invoices Should Deny ITC? Supreme Court Admits Dept’s Appeal

The Supreme Court has admitted department's Special Leave Petition (SLP) against the judgement of...

ICAI vs BCI: Which Is Stricter?

India's professional regulatory landscape is shaped by two powerful statutory bodies: the Institute of...

Foreigners Subject to Dual Tax Regime Under Singapore’s Income Tax Laws

Singapore continues to uphold a distinctive income tax framework for foreigners, differentiating between tax...

From Dollars to Pesos, Nickels to Quarters—Here’s What the Public Wants to Know About Money in 2025

In an era of rising living costs and global inflation, everyday people are asking...

Top Earning App without Investment – 2025 Update

Many mobile applications have continued to offer users a way to earn money without investment as...

Supreme Court to Decide Fate of Rs. 2.5 Lakh Crore Online Gaming GST Dispute on July 25

The Supreme Court is set to deliver a decisive verdict on July 25 in...

Supreme Court Dismissed Appeals Filed By United Spirits Challenging Imposition Of Entry Tax On Products Entering Local Market 

The Supreme Court has dismissed the appeals filed by United Spirits challenging imposition of...

Udyam Registration Portal Temporarily Fails to Fetch Investment & Turnover Data

The Udyam Registration portal, vital for India’s MSMEs, is currently facing a major outage,...

CrPC Applies To GST Offences Where No Special Procedure Is Prescribed: Himachal Pradesh HC Refuses to Quash Rs. 15.86 Cr Fake ITC GST Fraud...

The Himachal Pradesh High Court has refused to quash a criminal complaint involving a...

Rajasthan High Court Grants Bail to Marble Trader Accused in Rs. 36 Crore GST Evasion Case

The Rajasthan High Court, Jaipur bench has granted bail to Vikas Sain, a marble...

Himachal Pradesh High Court Quashes GST Penalty for Missing E-Way Bill, Says No Intent to Evade Tax Proven

The Himachal Pradesh High Court has quashed the penalty imposed on M/s Kunal Aluminum...