JURISHOUR | TAX LAW DAILY BULLETIN : FEBRUARY 24, 2026

Here’s the Tax Law Daily Bulletin for February 24, 2026.GSTMERITS MUST PREVAIL OVER TECHNICAL DELAY IN GST LATE FEE DISPUTE: RAJASTHAN HC ALLOWS APPEAL...

Govt. Expands Export Promotion Mission with 7 New Interventions To Benefit MSME

The Government has expanded the Export Promotion Mission (EPM) with the launch of seven additional interventions, taking the total number of operational measures under the Mission to ten. With a financial outlay of Rs. 25,060 crore for the period FY 2025–26 to FY 2030–31, the...

Murder Conviction Can’t Be Sustained Solely on Circumstantial Evidence and S. 27 Recovery: Supreme Court

The Supreme Court of India has upheld the conviction in the murder case affirming...

2G Spectrum | Supreme Court Clarifies Start Date for Reserve Price Liability Post-2G Licence Cancellation

In a ruling arising out of the 2G spectrum litigation, the Supreme Court has...

JURISHOUR | TAX LAW DAILY BULLETIN : FEBRUARY 24, 2026

Here’s the Tax Law Daily Bulletin for February 24, 2026.GSTMERITS MUST PREVAIL OVER TECHNICAL...

S. 7 IBC Applications Must Be Admitted in Absence of DTD-Compliant Restructuring: Supreme Court

The Supreme Court has held that Section 7 IBC applications must be admitted in...

IBC Can’t Override Benami Attachment: Supreme Court Dismisses Liquidators’ Appeals with Rs. 5 Lakh Costs

The Supreme Court has ruled that attachment and confiscation proceedings initiated under the Prohibition...

Govt. Expands Export Promotion Mission with 7 New Interventions To Benefit MSME

The Government has expanded the Export Promotion Mission (EPM) with the launch of seven...

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...

IBC Overrides Defunct Companies Act Scheme: SC Restores CIRP Against Corporate Debtor

The Supreme Court has held that a long-pending and procedurally non-compliant Scheme of Arrangement...

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...

CGST Commissioner Relied On AI Generated Case Laws Without Reading Actual Judgements: Gujarat HC To Lay Down Guidelines 

The Gujarat High Court has stated that there is a need to lay down...

18% GST On Paper Bags: AAR

The Rajasthan Authority of Advance Ruling (AAR) has ruled that  paper bags are appropriately...

No Separate GST Registration Needed in Rajasthan Solely Due to Place of Supply: AAR

The Rajasthan Authority of Advance Ruling (AAR) has held that the GST registration is...

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

BPCL Hit with Rs. 1,816 Crore Excise Demand, To Challenge Order Before CESTAT

State-owned oil marketing major Bharat Petroleum Corporation Limited (BPCL) has been slapped with a massive tax demand of ₹1,816.65 crore by the Commissioner of Central Tax and Central Excise, Kochi, the company disclosed in a regulatory filing to the BSE Limited on Monday.The order,...

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

Import Of Gold Fall In The Category Of  “Prohibited Goods”: Delhi High Court

The Delhi High Court in its recent ruling held that the import of gold...

Dept. Can’t File Appeal Before CESTAT Of The Monetary Limit Below Rs. 50 lakhs: CESTAT

The Customs, Excise And Service Tax Appellate Tribunal, Chandigarh, ruled that the department can't...

“Indian Economy in Pre-GST and Post-GST Era”

This Article is written by Rifat Alam, she is Pursuing her BA.LLB Honours from...

IMPACT OF INSOLVENCY AND BANKRUPTCY CODE (IBC) ON MSMEs IN 2026

As India moves into 2026, the Insolvency and Bankruptcy Code (IBC) is entering a...

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...

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...

Adjudicating Authority Empowered To Examine Entitlement Of Fee And Expenses: NCLAT

The National Company Law Appellate Tribunal (NCLAT), Delhi, ruled that adjudicating authority is empowered...

Subsidiary Assets Can’t Be Included In Holding Company’s Resolution Plan Under IBC: Supreme Court

The Supreme Court ruled that the subsidiary assets can't be included in the holding...

OMCs Did Not Violate Provisions Of Competition Act For Issuing  Joint Tender For Procurement Of Ethanol: CCI

The Competition Commission of India held that the OMCs did not violate provisions of...

Imposition Of Pre-Payment Of Loan Penalty On End-Consumer By Finance Company Doesn’t Amount To Anti-Competitive Agreement: CCI

The Competition Commission of India ruled that imposition of Pre-Payment of loan penalty on...

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...

Liability To Pay Customs Duty In Addition To Fine Paid To Redeem Confiscated Goods: Supreme Court

The Supreme Court ruled that there is a liability to Pay Customs Duty in...