Notification
NFRA Flags Deficiencies in 6 More Audit Firms
The National Financial Reporting Authority (NFRA) has released six fresh inspection reports highlighting significant shortcomings in the functioning of major audit firms, including Deloitte...
Notification
Unequal Treatment of Assessees | ITAT Bar Association Urges Even-Handed Policy on Adjournments
The Income Tax Appellate Tribunal (ITAT) Bar Association, New Delhi, has formally urged the Tribunal’s Vice President to adopt a uniform and balanced approach in dealing with adjournment requests, highlighting concerns over what it describes as an emerging disparity between assessees and the Department.The...
Other Laws
Re-Determination of Land Compensation Can Be Based on Appellate Court Awards, Clarifies Scope of S. 28-A: Supreme Court
The Supreme Court of India has held that re-determination of compensation under Section 28-A...
Other Laws
Supreme Court Holds Renewable Energy Incentive Must Benefit Generators, Not Be Adjusted in Tariff
The Supreme Court of India has held that Generation-Based Incentives (GBI) provided by the...
Notification
NFRA Flags Deficiencies in 6 More Audit Firms
The National Financial Reporting Authority (NFRA) has released six fresh inspection reports highlighting significant...
GST
GST Designed to Be Fair, Uniform and Pro-Poor, Says Nirmala Sitharaman in Rajya Sabha
The Union Finance Minister Nirmala Sitharaman on Friday asserted in the Rajya Sabha that...
Indirect Taxes
Penalty Unsustainable When Imports Cleared on Valid Pre-Shipment Certificate: CESTAT
The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Kolkata Bench, has set aside...
GST
GST Exemption Applies Only To Individual And Not Group Insurance Policies: Kerala High Court
The Kerala High Court has held that GST exemption applies only to individual and...
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...
Other Laws
FIR Filed Against IRS Amit Ghawate NCB Zonal Director in Navi Mumbai Builder Suicide Case
An FIR has been registered on March 27, 2026, at the NRI Sagari Police...
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
GST Designed to Be Fair, Uniform and Pro-Poor, Says Nirmala Sitharaman in Rajya Sabha
The Union Finance Minister Nirmala Sitharaman on Friday asserted in the Rajya Sabha that...
GST
GST Dept. Can’t Deny ITC or Recover Tax Without Allowing Correction of Return Mismatches: Gauhati High Court
The Gauhati High Court has set aside a GST demand order, holding that tax...
GST
GST Exemption Applies Only To Individual And Not Group Insurance Policies: Kerala High Court
The Kerala High Court has held that GST exemption applies only to individual and...
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
Penalty Unsustainable When Imports Cleared on Valid Pre-Shipment Certificate: CESTAT
The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Kolkata Bench, has set aside a penalty of Rs. 2.48 lakh imposed on a garment importer, holding that the pre-shipment certificate issued by the Bangladesh University of Textiles was valid and that no offence was...
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
GST
SVLDR Scheme Benefits Can’t Be Denied Citing 3 Days Delay In Remitting Amount: Kerala High Court
The Kerala High Court has held that the benefit of Sabka Vishwas (Legacy Dispute...
GST
Kerala High Court Directs GST Dept. To Release Confiscated Stock-In-Trade Gold
The Kerala High Court has directed the GST department to release confiscated stock-in-trade gold...
Direct Tax
Kerala High Court Upholds Income Tax Disallowance On Revenue Expenditure Incurred By Broker On IPO
The Kerala High Court has upheld the income tax disallowance on revenue expenditure incurred...
Direct Tax
Payment Received For Providing Access To Computer Software To Member Firms Not Taxable As ‘Royalty’ : Supreme Court Dismisses Income Tax Dept. SLP
The Supreme Court has dismissed the Special Leave Petition (SLP) filed by the Commissioner...
Direct Tax
IIBI Bank To Pay Minimum Tax On Book Profits Even When Undergoing Voluntary Liquidation: ITAT
The Kolkata Bench of Income Tax Appellate Tribunal (ITAT) has held that the Industrial...
Direct Tax
Distribution Revenue Received From US Broadcasting Company Towards Granting Of Distribution Rights Can’t Be Taxed As ‘Royalty’: ITAT
The Delhi Bench of Income Tax Appellate Tribunal (ITAT) has held that the distribution...
Direct Tax
Financier Of Vehicle Entering Lease Agreement Is Liable To Pay Motor Vehicle Tax: Allahabad High Court
The Allahabad High Court has held that the financier of motor vehicle entering lease...
GST
GST Penalty Provision Can’t Be Invoked If Consignor With Tax Invoice & E-Way Bill Is An Owner: Allahabad High Court
The Allahabad High Court has held that GST penalty provision cannot be invoked if...
Notification
Many CA And Advocates Come Forward To Support CA Jatin Harjai’s Fight Against Corruption By GST Dept.
Recently the Rajasthan State Tax Service Association has issued a press release proposed not...
Direct Tax
Relief To Castrol India: Manufacturer Knows Best Value Of Products & Dept. To Accord Due Deference: Kerala High Court
In a major relief to Castrol India, the Kerala High Court has held that...
Indirect Taxes
CESTAT Quick Weekly Flashback: 8 To 14 September 2024
No Service Tax On Reimbursable Expenses Incurred By Customs House Agent On Behalf Of...
GST
GST Quick Weekly Flashback: 8 To 14 September 2024
Bombay High CourtGST Dept. Can’t Adjudicate SCN After 6 Years Citing Absence Of Statutory...