ITAT Deletes Rs. 3.80 Crore Penalty: Goodwill Recorded on Demerger Not an International Transaction

The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has dismissed the Revenue’s appeal against deletion of a ₹3.80 crore penalty imposed under...

ICAI Opens One-Time Window for CA Final Pass Candidates to Complete Virtual Adv. ITT & MCS, Enables Membership Eligibility

The Institute of Chartered Accountants of India (ICAI) has announced a one-time opportunity for eligible CA Final pass candidates to complete the mandatory Advanced Information Technology Training (Adv. ITT) and Management & Communication Skills (MCS) Course through virtual mode, enabling them to apply for...

Delhi Court Acquits Former WFI Chief Brij Bhushan Sharan Singh in Women Wrestlers’ Sexual Harassment Case

Delhi court has acquitted former Wrestling Federation of India (WFI) president and former BJP...

Adarsh Credit Scam: High Court Appoints Ex-CJI Sanjiv Khanna-Led Committee to Fast-Track Liquidation, Investor Refunds

In a significant move aimed at expediting relief for nearly 20 lakh investors allegedly...

ITAT Deletes Rs. 3.80 Crore Penalty: Goodwill Recorded on Demerger Not an International Transaction

The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has dismissed the Revenue’s...

ESOP Capital Gains: ITAT Allows FMV as Cost of Acquisition U/s 49(2AA)

The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has ruled that the...

Proposed Audit Exemption for Companies Up to Rs. 200 Crore Turnover Sparks Accountability Concerns

A proposed relaxation in statutory audit requirements under the Corporate Laws (Amendment) Bill, 2026...

GST Adjudication Order Ignoring CBIC Circular Challenged: Bombay HC Grants Ad-Interim Protection to Skoda Auto Volkswagen

The Bombay High Court has granted ad-interim protection to Skoda Auto Volkswagen India Pvt....

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...

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...

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...

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...

CCI | GST | Direct Tax

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...

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...

Markets Trade Flat Ahead of Union Budget 2026-27

Equity benchmark indices traded in a narrow range on Sunday morning as investors remained...

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 Approves Acquisition Of Jaiprakash Associates By Vedanta 

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

GST Adjudication Order Ignoring CBIC Circular Challenged: Bombay HC Grants Ad-Interim Protection to Skoda Auto Volkswagen

The Bombay High Court has granted ad-interim protection to Skoda Auto Volkswagen India Pvt....

GSTAT Admits Appeal Over Effective Date of Brand-Name Declaration for Rice Exemption, Questions Section 74 Recovery

The GST Appellate Tribunal (GSTAT) has admitted an appeal concerning the effective date of...

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

Unauthenticated Foreign Customs Documents Can’t Establish Pakistani Origin of Imported Dry Dates: CESTAT

The Chandigarh Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has held that unauthenticated documents allegedly obtained from foreign customs authorities cannot, by themselves, establish misdeclaration of the country of origin of imported goods.  The bench of S. S. Garg (Judicial Member)...

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...

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...

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

Order Dismissing GST Appeal Over Non-Submission Of Certified Copy Quashed: Allahabad High Court

The Allahabad High Court has quashed the order dismissing the GST Appeal over non-submission...

Busted! CBI Nabs Ghaziabad CGST Inspector For Demanding Rs.2 Lakh Bribe

The Central Bureau of Investigation (CBI) apprehended an accused Inspector of CGST, Ghaziabad for...

Refund Filing Process For Various Categories Notified: GSTN

The Goods and Service Tax Network (GSTN) has made important changes in the refund...

How Father Can Sell Ancestral Property Without Children’s Consent? Read Supreme Court Ruling

In a landmark judgment poised to impact countless property disputes across the country, the...

Supreme Court Tags Partha Chatterjee’s Bail Plea in WB Cash-for-Jobs Scam for Joint Hearing in July 2025

The Supreme Court tagged the bail plea of former West Bengal minister and Trinamool...

Operation Sindoor: Women Officers Lead From the Front, Supreme Court Allows Permanent Commission for Women in Army

In the wake of India's decisive military strikes on terror infrastructure across the border...

GSTAT Rules, 2025: A Transformative Leap in Tax Adjudication

The absence of a dedicated and operational appellate forum under the Goods and Services...

Date of AO’s Receipt of Material U/S 153C To Be Deemed As Date Of Search Or Requisition: Delhi HC

The Delhi High Court has held that the date of ao’s receipt of material...

What to Do When You Receive a GST Notice?

Receiving a GST notice can be concerning, but it's essential to handle it promptly...

GST Dept. to Share Relied Upon Documents In Rs. 172 Crore ITC Fraud Case Involving Goods-less Invoices: Delhi HC

The Delhi High Court has directed the Goods and Service Tax Department (GST) to...

Operation Sindoor Earns High Praise from Judiciary

In a rare show of unified national pride, senior members of the Indian judiciary...