Notification
USA Withdraw’s sanctions on Russian Oil for all nations
The United States Department of the Treasury, through its sanctions watchdog Office of Foreign Assets Control (OFAC), has issued General License 134, temporarily allowing...
Notification
Maharashtra Professional Tax, Due Date is 15th March Instead Of 31st March
The Maharashtra government has notified that the professional tax, due date is 15th March instead of 31st March.The Government of Maharashtra has reminded taxpayers about the payment of Profession Tax, highlighting that the levy, though small in amount, plays an important role in supporting...
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...
Notification
USA Withdraw’s sanctions on Russian Oil for all nations
The United States Department of the Treasury, through its sanctions watchdog Office of Foreign...
Indirect Taxes
Possessor Must Prove Gold Is Not Smuggled Even If Seizure Occurs Outside Customs Area: CESTAT
The Chennai Bench of Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has held...
Company & PMLA
MCA Portal to Remain Unavailable Overnight on March 13–14 Due to Scheduled Maintenance
The Ministry of Corporate Affairs (MCA) has announced that its online portal will remain...
Indirect Taxes
Ahmedabad Customs Installs Passenger Feedback Kiosks at Airports
The Ahmedabad Customs has installed dedicated Passenger Feedback Kiosks at Sardar Vallabhbhai Patel International...
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...
Notification
Maharashtra Professional Tax, Due Date is 15th March Instead Of 31st March
The Maharashtra government has notified that the professional tax, due date is 15th March...
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 Order Appeared on Portal After Limitation Due to Technical Glitch; ‘Gap Between Approval and Portal Availability’ Noted by Delhi High Court
The Delhi High Court has taken note of a time gap between the approval...
GST
Gujarat High Court Seeks Status on Non-Functional GSTAT
The Gujarat High Court has raised concerns over the continued non-functionality of a Goods...
GST
S. 74 SCN Valid Even If Based on Material Collected by Another Officer: Karnataka HC
The Karnataka High Court has held that proceedings under Section 74 of the Central...
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
Possessor Must Prove Gold Is Not Smuggled Even If Seizure Occurs Outside Customs Area: CESTAT
The Chennai Bench of Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has held that the possessor must prove gold is not smuggled even if seizure occurs outside customs area.The bench of M. Ajit Kumar (Technical Member) and Ajayan T.V. (Judicial Member) addressed 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
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
Finance Bill, 2024 Passed By Lok Sabha: No Benefit Of Foreign Exchange Fluctuation For Non-Resident Taxpayers On Sale Of Unlisted Shares And Securities
The Finance (No. 2) Bill, 2024 was presented by the Union Finance Minister, Nirmala...
Direct Tax
Indexation Benefit Restored For Limited Purpose Of Computing Long Term Capital Gains Tax: Know The Details
The Finance (No. 2) Bill, 2024 was presented by the Union Finance Minister, Nirmala...
Direct Tax
SETTLEMENT CONSIDERATION TO EX-EMPLOYEE FOR RELINQUISHING RIGHTS TO EQUITY SHARES BE TAXED UNDER CAPITAL GAINS: DELHI HIGH COURT
Author: Khushi J PrajapatiThe Delhi High Court ruled that the settlement consideration received by...
Direct Tax
Income Derived From Transfer Of Capital Asset Was Not Taxable Within Provisions Of Section 9(1)(I)(A) Of Income Tax Act: ITAT
Khushi J. PrajapatiThe Income Tax Appellate Tribunal (ITAT), Delhi held that the income derived...
Direct Tax
Income Tax Reassessment Can Be Initiated On Financial Transactions Liable To Be Taxed Having Escaped Assessment & Not Otherwise: Delhi High Court
Author: Khushi J. PrajapatiThe Delhi High Court held that income tax reassessment can only...
Direct Tax
Income Tax Reassessment Can’t Be Based On Allegations Of Delayed Digital Filling Of Form 10: Delhi High Court
Author: Khushi J. PrajapatiThe Delhi High Court held that income tax reassessment proceedings cannot...
Direct Tax
Himachal Pradesh High Court Stays Income Tax Reassessment Notice Not Issued In Faceless Manner
The Himachal Pradesh High Court stayed the Income Tax reassessment notice not issued in...
Direct Tax
CBDT Not Empowered Extending Cut-Off Date To Make Section 245C Application: Bombay High Court
The Bombay High Court ruled that CBDT is not empowered for extending the cut-off...
Columns
Top 10 Supreme Court Judgements On Income Tax In The Year 2023-2024
1. Supreme Court Declares Section 206C of Income Tax Act Inapplicable to Liquor Vending...
Direct Tax
ONUS ON ASSESSEE TO PROVE IDENTITY OF CREDITORS AND THEIR CAPACITY TO ADVANCE MONEY GENUINENESS OF TRANSACTION: CHHATTISGARH HIGH COURT
Author: Khushi J PrajapatiThe Chhattisgarh High Court ruled that the burden of proof rests...
GST
COST OF EXECUTION WORK FOR ELECTRIC LINES INSTALLATION BORNE BY SERVICE RECIPIENT GST PAYABLE ONLY ON SUPERVISORY SERVICES
Author: Khushi J PrajapatiThe Uttar Pradesh Authority for Advance Ruling (AAR) ruled that GST...
GST
5% GST IS APPLICABLE ON ‘MIX MUKHWAS’ AND ‘ROASTED TIL’ AND AJWAIN: GUJARAT AAR
Author: Khushi J PrajapatiThe Gujarat Authority of Advance Ruling (AAR) has ruled that 5%...