Indirect Taxes
No Liability Without Knowledge of Misdeclaration: CESTAT Quashes Rs. 20,000 Penalty on Watch Retailer
The Customs, Excise and Service Tax Appellate Tribunal has set aside a penalty imposed on Mumbai-based retaile holding that no penalty can be levied...
Notification
Income-tax Rules, 2026: ICAI Releases Publication with Tabular Mapping to 1962 Rules
The Institute of Chartered Accountants of India (ICAI) has issued a detailed publication titled: “Income-tax Rules, 2026 Including Tabular Mapping of Rules and Forms vis-à-vis Income-tax Rules, 1962 and Forms.”A standout feature of the ICAI publication is the tabular mapping of rules and forms,...
Other Laws
Supreme Court Restores Promotion, Slams Discriminatory Denial of Relaxation in Cooperative Society Case
The Supreme Court has set aside the Madhya Pradesh High Court’s Division Bench judgment...
Other Laws
Supreme Court Holds Differential DA–DR Rates Unconstitutional: Pensioners Entitled to Parity with Employees
The Supreme Court has ruled that granting a lower rate of dearness relief (DR)...
Indirect Taxes
No Liability Without Knowledge of Misdeclaration: CESTAT Quashes Rs. 20,000 Penalty on Watch Retailer
The Customs, Excise and Service Tax Appellate Tribunal has set aside a penalty imposed...
Indirect Taxes
Importer Not Liable for Post-Sale MRP Revision: CESTAT Quashes Differential Duty Demand on Imported Watches
The Customs, Excise & Service Tax Appellate Tribunal (CESTAT), Delhi, has set aside a...
Case Compilation
JURISHOUR | TAX LAW DAILY BULLETIN : APRIL 10, 2026
Here’s the Tax Law Daily Bulletin for April 10, 2026.GSTRS. 25K COST IMPOSED ON...
Other Laws
Justice Yashwant Varma Resigns Amid Impeachment Proceedings in Cash Recovery Controversy
Justice Yashwant Varma has tendered his resignation as a judge of the Allahabad High...
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
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...
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
State Govt to Deploy AI-Based System to Combat Rising GST ITC Fraud
In a significant move to curb escalating GST input tax credit (ITC) frauds, the...
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 SCN Solely Based On CAG Report Is Vague & Liable To Be Quashed: Punjab & Haryana High Court
The Punjab & Haryana High Court has quashed a show cause notice issued to...
GST
GST Pre-Deposit Non-Compliance: Allahabad High Court Allows Appeal Subject to Rs. 30 Lakh Balance Deposit, Recognises Offline Filing
The Allahabad High Court has allowed a taxpayer to pursue its statutory appeal under...
GST
Retrospective GST Cancellation Can’t Invalidate Genuine Transactions: Jaipur Commissioner (Appeals) Quashes Rs. 95,670 ITC Demand
The Commissioner (Appeals), CGST Jaipur, has set aside a demand of ₹95,670 towards alleged...
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
No Liability Without Knowledge of Misdeclaration: CESTAT Quashes Rs. 20,000 Penalty on Watch Retailer
The Customs, Excise and Service Tax Appellate Tribunal has set aside a penalty imposed on Mumbai-based retaile holding that no penalty can be levied under the Customs Act, 1962 in the absence of evidence establishing knowledge of misdeclaration by the importer.The bench of Justice...
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
Indirect Taxes
DGFT Can’t Deny MEIS Incentives For Mere Non- Declaration In Shipping Bills: Delhi High Court
The Delhi High Court held that DGFT can't deny MEIS incentives for mere non-...
Columns
Applicability Of TDS In Day To Day Life Of A Layman
Author: Khushi J PrajapatiIn India, TDS is a way for the government to collect...
Direct Tax
Direct Tax Quick Weekly Flashback: 18 To 24 August 2024 -Stories On Ayodhya Rami Reddy Alla; Income-Tax Clearance Certificate & More
Here is Direct Tax Quick Weekly Flashback:Supreme CourtGAAR V/S SAAR In Bonus-Stripping Transaction...
GST
GST & Indirect Tax Weekly Flashback: 18 To 24 August 2024 Stories On Finance Act, Suspension Of Officer; Tax On Boroplus & More
Here are GST & Indirect Tax Weekly Flashback:Bombay High Court Non-Submission Of “Bill Of...
Direct Tax
ITAT Quick Weekly Flashback: 18 To 24 August 2024 – Stories On Lakhmi Chand Charitable Society, HCL Technologies Ltd; & More
Death Of Tax Consultant A Valid Ground For Delay Condonation: ITATCase Name: Manisha Arora...
Indirect Taxes
CESTAT Quick Weekly Flashback: 18 To 24 August 2024 | Stories On Tamil Nadu Cricket Association; 57 Dept’s Appeals Allowed; Role Of Directors Statement...
Amount Paid In Indian Rupees Not Liable For Payment Of Any Service Tax: CESTATCase...
International Taxation
Settlement Officer Didn’t Abuse Discretion In Rejecting Offer-In-Compromise-Effective Tax Administration Based On Economic Hardship: US Tax Court
The United States Tax Court has held that the settlement officer (SO) did not...
Direct Tax
Death Of Tax Consultant A Valid Ground For Delay Condonation: ITAT
The Income Tax Appellate Tribunal, New Delhi, ruled that death of tax consultant is...
Direct Tax
Income Tax Dept. Tried To Cancel Trust Registration By Hook Or Crook: ITAT
The Income Tax Appellate Tribunal, Delhi, observed that the Income Tax department tried to...
Direct Tax
TDS Credit May Be Granted Only When Income Corresponding To TDS Is Assessed To Tax In The Same FY: ITAT
The Income Tax Appellate Tribunal, New Delhi, ruled that TDS credit may be granted...
GST
Union Finance Minister, Nirmala Sitharaman Inaugurates GST Bhawan At Udaipur, Rajasthan
The Union Minister for Finance and Corporate Affairs, Nirmala Sitharaman inaugurated the GST Bhawan,...
Direct Tax
Income Tax Assessment Order Against Non-Existing Company Liable To Be Quashed: ITAT
The Income Tax Appellate Tribunal, Delhi, ruled that the income tax assessment order against...