Direct Tax
ITAT Can’t Make Appeal Conditional on Payment of Costs: Calcutta High Court Quashes Automatic Tax Demand Confirmation
The Calcutta High Court has held that the Income Tax Appellate Tribunal (ITAT) cannot make a remand conditional upon payment of monetary costs in...
Notification
Taxation and Other Laws Amendment Bill, 2026 Proposes Major Tax Reliefs for Foreign Funds, Diamonds and Electronics
The Taxation and Other Laws (Amendment) Bill, 2026 proposes a series of significant amendments to the Income-tax Act, 2025, the Finance Act, 2026 and the Payment and Settlement Systems Act, 2007. The measures are aimed at providing greater tax certainty, promoting fund-management activity in...
Other Laws
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...
Other Laws
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...
Direct Tax
ITAT Can’t Make Appeal Conditional on Payment of Costs: Calcutta High Court Quashes Automatic Tax Demand Confirmation
The Calcutta High Court has held that the Income Tax Appellate Tribunal (ITAT) cannot...
Direct Tax
Can Interest on Refund of Excess Self-Assessment Tax Be Claimed From Date of Payment? Chhattisgarh HC Rules in Favour of Taxpayers
The Chhattisgarh High Court has held that taxpayers are entitled to interest on excess...
Direct Tax
AO Must Await DRP Directions: Punjab & Haryana HC Quashes Final Income Tax Assessment Passed While DRP Objections Were Pending
The Punjab and Haryana High Court has held that where an “eligible assessee” has...
Indirect Taxes
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...
Live Updates
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...
Money Hacks
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...
Money Hacks
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...
Direct Tax
Reassessment Can’t Survive Where No Addition Is Made on Grounds Recorded for Reopening: Gujarat HC
The Gujarat High Court has dismissed the Income Tax Department’s appeal against an Income...
CCI | GST | Direct Tax
CCI
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...
CCI
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...
CCI
Markets Trade Flat Ahead of Union Budget 2026-27
Equity benchmark indices traded in a narrow range on Sunday morning as investors remained...
CCI
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
CCI Approves Acquisition Of Jaiprakash Associates By Vedanta
The Proposed Combination envisages acquisition of Jaiprakash Associates Limited (JAL) by Vedanta Limited (Acquirer)...
GST
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...
GST
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...
GST
DGGI Online Gaming Probe | GST Arrest Can’t Be Invalidated Merely Because Maximum Punishment Is 5 Years: Allahabad HC
The Allahabad High Court has dismissed a habeas corpus petition challenging an arrest made...
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
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...
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
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...
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,...
Latest Articles
GST
GSTAT Holds Inaugural Hearing on Anti-Profiteering Cases, Marking a New Era in GST Dispute Resolution
GSTAT steps into anti-profiteering role with first hearing under amended GST law; single-bench adjudication and High Court appeal route mark key procedural shifts
Columns
Mutual Funds That Have Majority Stakes In Tesla Stock – 2025
How Tesla’s Top Mutual Fund Investors Influence Indian Portfolios Through International FoFs, ETFs, and Direct Investing Routes
Direct Tax
Delhivery Faces Rs 1.32 Crore Income Tax Penalty; Plans to Contest Order
Company says penalty won’t impact financials; recently acquired Ecom Express for Rs 1,407 crore
Opportunities
LAWASIA to Host Webinar on Mental Health Challenges in Legal Profession
LAWASIA to host expert-led webinar on July 24 to address mental health challenges and resilience strategies for legal professionals across Asia-Pacific.
Money Hacks
How to Earn Money from Instagram in 2025 — Even by Just Watching Reels
From reward apps to affiliate hacks, here's how beginners can start earning money through Instagram Reels — without becoming an influencer.
International Taxation
Tax on Salary in Canada: What It Means for Indians Working There
This article compares both systems and explains how the India–Canada DTAA helps avoid double taxation for Indian professionals abroad.
Indirect Taxes
CESTAT Restores Concessional Customs Duty on MCPCBs Inputs, Rejects Reclassification by Department
Reclassification of metal-core laminates struck down; Tribunal reaffirms MCPCBs qualify for exemption under customs notification
Indirect Taxes
Service Tax Not Payable on Pre-2007 Composite Works Contracts; Extended Limitation Period Not Invocable: CESTAT
Tribunal Holds Service Tax Inapplicable on Pre-2007 Composite Contracts; Quashes Penalties Citing Lack of Suppression
Indirect Taxes
Notional Cost of Maruti-Supplied Designs Not to Be Included in Excise Valuation: CESTAT
Free Supply of Drawings by Maruti Not Taxable, Says Tribunal in Relief to Auto Part Vendors
GST
E-Way Bill Lapse Alone Not Enough For Imposing GST Penalty: Himachal High Court
Himachal Pradesh Court rules intent to evade tax is essential for penalty under Section 129; mere procedural lapse cannot justify punitive action
Notification
RBI Amends FEMA Rules: Offshore Support Vessels to Be Re-imported into India
New FEMA 2025 amendment adds clarity on export treatment of tugboats, dredgers, and offshore vessels used in international service.
Columns
Filing ITR 2025 Without a CA? Avoid These 5 Common Mistakes
As online platforms simplify Income Tax Return filing, many Indians are choosing the DIY route—but here’s where it often goes wrong.