90% Late Fee Waiver Under CCFS-2026: MCA Opens 3-Month Window to Clear Backlog & Avoid Prosecution

The Ministry of Corporate Affairs (MCA) has launched the Companies Compliance Facilitation Scheme, 2026 (CCFS-2026), providing a significant compliance relief window for companies to...

Tamil Nadu Enables Virtual Hearings for GST Appeals Under Section 107, Issues Detailed Guidelines

The Tamil Nadu Commercial Taxes Department has issued a comprehensive circular enabling virtual hearings in GST appeal proceedings under Section 107 of the TNGST/CGST Act. The move is aimed at reducing logistical burdens on taxpayers and professionals while ensuring efficient adjudication.The Circular No. 3/2026...

Promoters Must Shield Company from Liability Immediately, Not Wait for Final Appeal Outcome: Supreme Court

The Supreme Court has held that promoters cannot defer their liability until confirmation by...

90% Late Fee Waiver Under CCFS-2026: MCA Opens 3-Month Window to Clear Backlog & Avoid Prosecution

The Ministry of Corporate Affairs (MCA) has launched the Companies Compliance Facilitation Scheme, 2026...

No GST Recovery Before Appeal Period Ends: Bombay High Court

The Bombay High Court has held that recovery proceedings cannot be initiated by the...

Understanding Income Tax Notices: Password, Types, and Key FAQs

After successfully filing your Income Tax Return (ITR), the Income Tax Department begins processing...

ITAT Restricts Arbitrary 2% Income Estimation, Applies 0.40% GP Rate; Penalty Deleted

The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has curtailed arbitrary estimation...

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...

10 Best Cryptocurrency Apps in India with Low Fees (2026 Edition)

With cryptocurrency adoption steadily rising in India, choosing the right trading app has become...

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....

CCI | GST | Direct Tax

CCI Approves Acquisition Of Jaiprakash Associates By Vedanta 

The Proposed Combination envisages acquisition of Jaiprakash Associates Limited (JAL) by Vedanta Limited (Acquirer)...

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...

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...

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...

No GST Recovery Before Appeal Period Ends: Bombay High Court

The Bombay High Court has held that recovery proceedings cannot be initiated by the...

Managing Director Eligible For Temporary GST Registration and Separate DRC-07 To Enable Appeal: Telangana High Court

The Telangana High Court has held that the Managing Director is eligible for temporary...

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’...

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...

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...

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...

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...

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

EXCISE DUTY | 10% Penalty Valid U/s 25 Despite Interpretational Dispute And Not Fraud: CESTAT

The Customs, Excise and Service Tax Appellate Tribunal, Hyderabad Bench, has upheld the imposition of penalty under Rule 25 of the Central Excise Rules, 2002, even in the absence of fraud, suppression, or wilful misstatement, in a significant ruling involving Little Star Foods Pvt...

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...

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 | 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

SECI Can’t Issue Binding Clarification To Ascertain GST Liability In Consonance With GST Act: Delhi High Court

BackgroundArguments - Whether SECI Can Ascertain GST Liability on Battery Energy Storage Systems?Conclusion -...

Cenvat Credit Rules Lacks Provision Requiring Reversal Of Cenvat Credit In Absence Of Any Consideration: CESTAT

BackgroundConclusion FAQsIs reversal of Cenvat credit allowable?Case DetailsThe Kolkata Bench of Customs, Excise and Service...

Turnkey Solution: Optimizing GST Benefits for High-Duty Industries (Sponsored)

OverviewHow it worksKey ConsiderationsKey BenefitsSolution HighlightsContact InfoOverviewOur turnkey solution helps large industries with high...

Extended Period Of Limitation Can’t Be Invoked In Revenue Neutral Cases: CESTAT

BackgroundArgumentsConclusionFAQsCan Extended Period Of Limitation Be Invoked In Revenue Neutral Cases?Case DetailsThe Kolkata Bench...

CBIC Notifies Amnesty Scheme Effective 1 November 2024 

Sections 114 to 117 - Amnesty SchemeSections 119 to 141 - Amnesty SchemeSection 143...

No Provision Enabling Muthoot Finance To Claim Transition Of Cess To GST Regime: Kerala High Court

BackgroundArguments By Muthoot FinanceArguments By DepartmentConclusionFAQsIs there any provison to claim transition of cess...

CESTAT Upholds Order Forfeiting Entire Security Deposit By Customs Broker

BackgroundConclusionFAQsCan security deposit by customs broker be forfeited?Case DetailsThe Chennai Bench of Customs, Excise...

Service Tax Proceedings To Be Completed Within One Year From Notice: Patna High Court

Background Submissions Conclusion FAQsHow much time needed to complete service tax proceedings?Case DetailsThe Patna High Court ruled...

Zero Air/Synthetic Air Classifiable Under Chapter Heading 2804 Of CETA, 1985: CESTAT

BackgroundArgumentsConclusionFAQsWhat is the classification of Zero Air/Synthetic Air under Central Excise Tariff Act, 1985?Case...

Relief To Sun Pharma: No Excise Duty On Waste Arising During Manufacturing Of Bulk Drugs: CESTAT

BackgroundArgumentsConclusionFAQsHow much Excise Duty On Waste Arising During Manufacturing Of Bulk Drugs is payable?Case...

Data Retrieved From Several Computers By Officers Of DGCEI Is Not Admissible Evidence: CESTAT

BackgroundConclusion - Data Retrieved From Several Computers Not Admissible EvidenceFAQsData Retrieved From Several Computers...

Supreme Court’s Decision in Abhisar Buildwell Case Not Carte Blanche Enabling Dept. To Overcome Restrictions For Reopening Assessment: Delhi High Court

BackgroundConclusionFAQsCan Income Tax Dept. Quote Supreme Court’s Decision in Abhisar Buildwell Case to overcome...