Direct Tax
Foreign Tax Credit Can’t Be Denied Through Adjustment U/s 143(1): ITAT
The Hyderabad Bench of the Income Tax Appellate Tribunal (ITAT) has held that the denial of Foreign Tax Credit (FTC) while processing a return...
Notification
Centre Bars Consumers with Piped Natural Gas from Holding Domestic LPG Connections
The Ministry of Petroleum and Natural Gas has issued a notification prohibiting individuals who already have a Piped Natural Gas (PNG) connection from retaining or refilling a domestic Liquefied Petroleum Gas (LPG) cylinder connection. The new rule aims to streamline domestic fuel distribution and...
Other Laws
Sole Testimony of Prosecutrix Must Inspire Confidence for Conviction: Supreme Court Acquits Accused in 1998 Gang Rape Case
The Supreme Court has set aside the conviction of two men in a 1998...
Other Laws
Conviction of Excise Constable in Bribery Case Upheld: Supreme Court
The Supreme Court has upheld the conviction of an Excise Department constable, Raj Bahadur...
Direct Tax
Foreign Tax Credit Can’t Be Denied Through Adjustment U/s 143(1): ITAT
The Hyderabad Bench of the Income Tax Appellate Tribunal (ITAT) has held that the...
Direct Tax
ITAT Quashes Reassessment Citing Unsigned Notice
The Income Tax Appellate Tribunal (ITAT), Delhi Bench has quashed the reassessment proceedings holding...
Direct Tax
TDS Credit Can’t Be Restrict Due to Mismatch Between Form 26AS and ITR While Processing Return: ITAT
The Income Tax Appellate Tribunal (ITAT), Delhi Bench has held that the Central Processing...
Indirect Taxes
Extended Limitation Can’t Be Invoked for SAD Demand on FTWZ–DTA Stock Transfers: CESTAT
The Mumbai Bench of the Customs, Excise & Service Tax Appellate Tribunal (CESTAT) has...
Live Updates
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...
Money Hacks
How You Can Save Up To 13% GST On Wedding Venues?
Planning a big Indian wedding often begins with locking in the venue and caterer....
Columns
RBI Tightens Bank Lending Norms for Stock Brokers
In a major regulatory move, the Reserve Bank of India (RBI) has unveiled a...
Direct Tax
Mere Filing Of Return After Notice Can’t Justify Penalty When Income Declared By Taxpayer Is Accepted By Tax Dept.: ITAT
The Income Tax Appellate Tribunal (ITAT), Chennai Bench, has deleted a penalty of Rs....
CCI | GST | Direct Tax
CCI
CCI Approves Acquisition Of Jaiprakash Associates By Vedanta
The Proposed Combination envisages acquisition of Jaiprakash Associates Limited (JAL) by Vedanta Limited (Acquirer)...
CCI
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...
CCI
Mandatory Condition Of Prima Facie Anti-Competitive Agreements, Abuse Of Dominant Position Absent, CCI Can’t Direct Investigation: Gauhati High Court
The Gauhati High Court has held that the decision of the Competition Commission of...
CCI
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...
CCI
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
Meerut DGGI | Court Denies Bail to Transporter Accused of Moving Areca Nuts Worth Rs. 5,000 Crore Without E-Way Bills
A Meerut court has rejected the bail application of Dilip Kumar Jha, a transporter...
GST
E-Way Bill Minimum Distance Limit in India: State-Wise List
The E-Way Bill (Electronic Way Bill) is a mandatory document required under GST for...
GST
Ghaziabad DGGI | Court Denies Bail to Businessman Involved In GST Evasion Involving Alleged Clandestine LED TV Supplies
A court in Meerut has rejected the bail application of Delhi-based businessman Rajeev Kumar,...
Direct Tax
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’...
Direct 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...
Direct Tax
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...
Direct Tax
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...
Direct Tax
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...
Direct Tax
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
Indirect Taxes
DRI Busts Gold Smuggling Syndicate Operating Between Delhi and Kolkata
The Directorate of Revenue Intelligence (DRI) has busted an organised syndicate involved in the smuggling, illegal melting, and clandestine sale of foreign-origin gold across Delhi and Kolkata, leading to the seizure of gold, silver, and cash collectively valued at more than ₹14.13 crore. Six...
International Taxation
U.S. Court Clarifies “Processing Operation”: Marketability Transformation Test Shows MOOWR ‘Other Operations’ Not Limited to Manufacturers
The Arizona Supreme Court has held that machinery used in an industrial healthcare textile...
International Taxation
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...
Live Updates
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 Updates
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
Direct Tax
Income Tax | Educational Trust Utilising Earnings For Educational Advancement Can’t Be Denied Section 12AA Registration: Punjab & Haryana High Court
BackgroundConclusionFAQsWhat is Section 12AA registration?Can educational institution be denied Section 12AA registration?Case DetailsThe Punjab...
Indirect Taxes
Impermissible For Customs Broker To Use Somebody Else’s Credentials In Bill Of Entry: CESTAT
BackgroundArguments - Whether Penalty applicable on customs broker for not writing Correct Credentials In...
Indirect Taxes
Sale-Purchase Flats Allotment Rights Outside Purview Of “Real Estate Agent Services”, No Service Tax Payable: CESTAT
BackgroundArgumentsConclusionFAQsIs Sale-Purchase Flats Allotment Rights covered under “Real Estate Agent Services”?Is service Tax applicable...
Company & PMLA
Public Funds Auction | Committee Of Creditors Decision To Be Considered By NCLT, May Allow ‘Open Court Bidding’: Delhi High Court
BackgroundArgumentsConclusionFAQsWhat is a public funds auction called?Case DetailsThe Delhi High Court has held that...
Direct Tax
BREAKING | 291 Cases Filed By Income Tax Dept. Where Tax Effect Is Less Than 5 Crores Listed Before Supreme Court Today
Meaning of ‘Tax Effect’Low Tax Effect: Monetary Limits Set For Filing Appeals Today, 291 cases...
Indirect Taxes
Customs Broker | Dept. Can’t File Appeal Against CBLR Order Passed By Commissioner: CESTAT
BackgroundArgumentsConclusionFAQsCan department file an appeal against CBLR order passed under Customs Brokers’ Licensing Regulations...
GST
Notification No.56/2023-CT Is Colourable Legislation, Passed Without GST Council Recommendations: Guwahati High Court
The Gauhati High Court held that the Notification No.56/2023-CT was colourable legislation and was...
GST
GST Registration Cancellation | ‘Additional Notices And Orders’ Tab In GST Portal Not Placed In Position Inviting Taxpayer’s Attention: Delhi High Court
BackgroundArgument ConclusionFAQsIs GST registration cancellation allowed?Case DetailsGST Registration Cancellation: The Delhi High court while setting...
Company & PMLA
Illegal Sand Mining: ED Provisionally Attach Immovable Properties Worth Rs. 93.84 Crore Acquired Under PMLA
The Enforcement Directorate (ED) has attached immovable properties worth Rs. 93.84 crore acquired under...
Company & PMLA
Chartered Accountant Of A Company Can’t Compelled To Be Summoned As A witness In Recovery Suit: Delhi High Court
The Delhi High Court has held that a Chartered Accountant (CA) of a company...
Direct Tax
Section 80-I Deduction Benefit Available Upon Conversion Of Proprietorship Concern To Private Limited Company: Punjab & Haryana High Court
The Punjab and Haryana High Court has held that deduction section 80-I under Income...
Direct Tax
‘Leave And Licence’ Or ‘Rental Agreement’ Doesn’t Change Colour Of Receipts; Delhi High Court Direct AO To Tax Rental Income Under ‘Income From House...
The Delhi High Court while upholding the ruling of the Income Tax Appellate Tribunal...