JURISHOUR | TAX LAW DAILY BULLETIN : FEBRUARY 25, 2026

Here’s the Tax Law Daily Bulletin for February 25, 2026.GSTDUTY OF APPELLATE AUTHORITY TO LOOK INTO EXPLANATIONS GIVEN BY ASSESSEE: CALCUTTA HCDGGI AHMEDABAD |...

DGFT Exempts ITC HS Chapters 01–24 from Reduced RoDTEP Rates Notified on February 23

The Directorate General of Foreign Trade (DGFT) has issued a corrigendum clarifying that the reduced rates and value caps under the Remission of Duties and Taxes on Exported Products (RoDTEP) Scheme will not apply to exports falling under ITC HS Chapters 01 to 24.The...

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...

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...

JURISHOUR | TAX LAW DAILY BULLETIN : FEBRUARY 25, 2026

Here’s the Tax Law Daily Bulletin for February 25, 2026.GSTDUTY OF APPELLATE AUTHORITY TO...

Supreme Court Upholds Hereditary Pujari Rights; Dismisses Appeals In Century-Old Amogasidda Temple Dispute

The Supreme Court has  upheld the hereditary Pujari Rights and dismissed the appeals in...

ICSI Notifies 4th Grievance Redressal Hearing by ROC Delhi on February 26

The Institute of Company Secretaries of India (ICSI) has informed its members about the...

Xiaomi Moves Supreme Court Against $72 Million Customs Duty Demand Over Royalty Payments

Chinese smartphone major Xiaomi has moved the Supreme Court of India challenging a customs...

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...

Criminal Proceedings Can’t Be Used to Settle Purely Civil Contract Disputes: Supreme Court

The Supreme Court has held that criminal proceedings cannot be used to settle disputes...

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...

GST Order Passed U/s 74 Alleging Fraud Can’t Be Converted to S. 73 Without Supporting Documents: Gujarat High Court

The Gujarat High Court has held that the GST order passed under section 74...

GST Enactment Can’t Be Interpreted To Deny Right To Carry On Trade And Commerce: Bombay HC

The Bombay High Court has held that GST enactment cannot be interpreted so as...

Once A Company Ceases To Exist Due To Amalgamation, Its GST Registration Shall Be Deemed Cancelled: Rajasthan HC

The Rajasthan High Court, Jaipur Bench has held that once a company ceases to...

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

Xiaomi Moves Supreme Court Against $72 Million Customs Duty Demand Over Royalty Payments

Chinese smartphone major Xiaomi has moved the Supreme Court of India challenging a customs ruling that held the company liable for alleged tariff evasion of nearly $72 million on royalty payments linked to imported mobile phone components. The case, now before the apex court,...

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...

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...

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 | 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

Once Principal Grounds Of Reassessment Dropped, No Further Income Tax Additions Can Be Made: Delhi High Court

The Delhi High Court reiterated that once the principal grounds on which reassessment was...

Delhi High Court Upholds ITAT’s Order Allowing Customs-Duty Adjustment On Import Of Watches

The Delhi High Court while dismissing the appeal of the income tax department upheld...

Construction In Maldives For Maldives Govt. under MoU Between India And Maldives Doesn’t Falls Within GST Net: Telangana High Court

The Telangana High Court while setting aside the advance ruling of the Appellate Authority...

AO Can’t Interfere In The Method Selected For The Valuation Of Shares: Bangalore ITAT

The Income Tax Appellate Tribunal (ITAT), Bangalore Bench ruled that the AO cannot interfere...

Transfer Of Title Of Goods By Panasonic To Its Customers In DTA Is Not A Supply: Tamil Nadu AAR

Author: Khushi J PrajapatiThe Tamil Nadu Authority for Advance Ruling (AAR) ruled that...

LIFE Trust Stopping Coal Based Indian Thermal Power Plants And Coal Mine Projects Causing Irreparable Loss To India: ITAT Refuses To Stay Section 12A...

Author: Khushi J Prajapati The ITAT has held the cancellation of the trust's registration under...

ITAT Allows Loss On Account Of Error Trading Transaction To Morgan Stanley

In a major relief to Morgan Stanley India Company Ltd., the Income Tax Appellate...

Tax Paid To Supplier Not Remitted To State Exchequer, Purchaser Can’t Be Punished: Gauhati High Court

The Gauhati High Court ruled that the tax paid to the supplier is not...

10 WAYS TO CLAIM REFUND AND CREDITS UNDER GST BY BUSINESSES

Author: Khushi J PrajapatiIntroductionUnder the Goods and Services Tax (GST) system in India, businesses...

Chaat, Lassi, Vada Pav From Separate Counter Categorized As ‘Restaurant Service’, 5% GST Applicable: Kerala AAR

Author: Khushi J PrajapatiThe Kerala Authority of Advance Ruling (AAR) has ruled that the...

ACJM Erred in Interpreting SC’s Order Granting Interim Anticipatory Bail to Accused under PMLA and Income Tax Act: Supreme Court  

The Supreme Court held the Investigation Officer and the ACJM for gross derision to...

Finance Bill 2024 At Enactment Stage: Know Key Points

Recently, Lok Sabha approved the Finance Bill 2024 by making significant amendments. The Finance...