CCI
AO Can’t Reject Recognised Valuation Method Merely Because It Was Not Yet Notified: Delhi High Court Upholds DCF Valuation of Shares
The Delhi High Court has dismissed an Income Tax Department appeal challenging the valuation of shares issued at a premium by a newly incorporated...
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...
CCI
AO Can’t Reject Recognised Valuation Method Merely Because It Was Not Yet Notified: Delhi High Court Upholds DCF Valuation of Shares
The Delhi High Court has dismissed an Income Tax Department appeal challenging the valuation...
Indirect Taxes
Interest on Delayed Duty Drawback Runs From 1 Month After ‘Let Export Order’, Not Final Adjudication: Delhi High Court
The Delhi High Court has held that interest on delayed payment of duty drawback...
Indirect Taxes
Can Undeclared Gold Be Re-Exported After Confiscation? Delhi High Court Says S. 80 Customs Safeguards Can’t Be Bypassed
The Delhi High Court has held that confiscated gold forming part of passenger baggage...
Indirect Taxes
Can Separate Customs Show Cause Notices Be Adjudicated Independently Arising From Same DRI Investigation? Delhi HC Answers
The Delhi High Court has declined to interfere with customs adjudication proceedings arising from...
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...
GST
Can Anticipatory Bail Be Sought Against Apprehended GST Arrest Without FIR? Karnataka HC Relies on Supreme Court Ruling
The Karnataka High Court has held that a person facing a genuine and reasonable...
CCI | GST | Direct Tax
CCI
AO Can’t Reject Recognised Valuation Method Merely Because It Was Not Yet Notified: Delhi High Court Upholds DCF Valuation of Shares
The Delhi High Court has dismissed an Income Tax Department appeal challenging the valuation...
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...
GST
Can Anticipatory Bail Be Sought Against Apprehended GST Arrest Without FIR? Karnataka HC Relies on Supreme Court Ruling
The Karnataka High Court has held that a person facing a genuine and reasonable...
GST
No Jurisdictional Bar U/s 6(2)(b) in Parallel CGST SGST Proceedings: Delhi High Court Refuses to Bypass GST Appeal Remedy
The Delhi High Court has declined to entertain a writ petition challenging a GST...
GST
High Courts Can’t Grant Post-Dismissal Arrest Protection in GST Pre-Arrest Bail Matters; S. 69 Arrest Order Must Be Communicated: Supreme Court
The Supreme Court has held that a High Court or Sessions Court, after dismissing...
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
Interest on Delayed Duty Drawback Runs From 1 Month After ‘Let Export Order’, Not Final Adjudication: Delhi High Court
The Delhi High Court has held that interest on delayed payment of duty drawback under Section 75A of the Customs Act, 1962 becomes payable upon expiry of one month from the date on which the exporter’s shipping bill is deemed to constitute a drawback...
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
Indirect Taxes
CBEC Not Empowered To Extend Time Limit For Years: Patna High Court
The Patna High Court has held that the Central Board of Excise and Customs...
GST
GST Dept’s Opinion Can’t Be Relied Upon On Stand-Alone Basis For Holding Back Refunds: Delhi High Court
The Delhi High Court has held that the opinion of the Department cannot be...
GST
Plea Challenging Personal Interaction With Shortlisted Candidates By GSTAT Selection Panel for Judicial Member Post: Orissa HC Issues Notice
The Orissa High Court has issued the notice in a plea challenging personal interaction...
Direct Tax
La Pino’z Pizza’s Owner Complaint: IRS Officer Arrested by CBI in Rs 45 Lakh Bribery Case Linked to Income Tax Notice
The Central Bureau of Investigation (CBI) has arrested Anil Kumar Singal, a 2017-batch Indian...
Indirect Taxes
No Service Tax Payable On Artwork Charges: CESTAT
The Delhi Bench of Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has held...
Case Compilation
Indirect Tax Weekly Flashback: 25 To 31 May 2025
Indirect Tax Weekly Flashback for the period 25 To 31 May 2025.Supreme CourtSection 27...
Case Compilation
GST Weekly Flashback: 25 To 31 May 2025
Goods and Service Tax (GST) Weekly Flashback for the period 25 To 31 May...
GST
CA Caught Red-Handed Taking Rs. 10 Lakh Bribe on Behalf of CGST Officer
The Punjab Vigilance Bureau (VB) has arrested a chartered accountant (CA) while allegedly accepting...
Other Laws
New ‘Know Your DIGIPIN’ and ‘Know Your PIN Code’ Portals Launched: What Advocates Must Know Before Posting Legal Notices?
In a transformative move to modernise India’s postal and geospatial infrastructure, the Department of...
Columns
CGST Faridabad Commissionerate Successfully Conducts Interactive Session With Taxpayers And Professionals On GST Issues [DOWNLOAD PRESENTATION]
The CGST Faridabad Commissionerate organized an interactive session with MSME taxpayers and professionals, including...
Columns
New Income Tax Bill 2025 Provides Significant Relief to NRIs on Unlisted Share Gains with Forex Adjustment Clause
The proposed New Income Tax Bill, 2025 is a part of a significant initiative...
Indirect Taxes
Private Universities Not Liable To Pay Tax On Supply Of Food Stuff To Students: Himachal Pradesh High Court
The Himachal Pradesh High Court has held that private universities are not liable to...