LC Charges Recovered in High Seas Sale Can’t Be Taxed as Banking Service: CESTAT

The Customs, Excise & Service Tax Appellate Tribunal (CESTAT), Principal Bench, New Delhi, has held that Letter of Credit (LC) charges recovered by a...

CBDT Approves Sir Ganga Ram Trust Society for Scientific Research Under New Income-Tax Law

The Central Board of Direct Taxes (CBDT) has approved Sir Ganga Ram Trust Society, Delhi, for carrying out scientific research under the category of a university, college or other institution under the newly enacted Income-tax Act, 2025 and the Income-tax Rules, 2026.The notification has...

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...

LC Charges Recovered in High Seas Sale Can’t Be Taxed as Banking Service: CESTAT

The Customs, Excise & Service Tax Appellate Tribunal (CESTAT), Principal Bench, New Delhi, has...

CESTAT Quashes Service Tax Demand on Manufacturing Activity, Reimbursable Expenses and Out-of-Limitation Appropriation

The Customs, Excise & Service Tax Appellate Tribunal (CESTAT), New Delhi Principal Bench, has...

JURISHOUR | TAX LAW DAILY BULLETIN : 11 AUGUST, 2026

Here’s the Tax Law Daily Bulletin for  August 11, 2026.GSTGST APPEAL CAN’T BE TREATED...

Dying Declarations Suspicious and Prosecution Evidence Insufficient: Supreme Court Acquits Man in Wife’s Burn Death Case 

The Supreme Court has acquitted a man who had been convicted and sentenced to...

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...

Small-Service Provider Exemption Can’t Be Denied Without Evidence of Preceding-Year Turnover: CESTAT

The Customs, Excise & Service Tax Appellate Tribunal (CESTAT), New Delhi has set aside...

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 Amnesty Waiver Covers Self-Assessed Tax: Madras High Court

The Madras High Court has held that taxpayers cannot be denied waiver of interest...

Can GST Dept. Reject Taxpayer’s Inverted-Duty Refund Claim Without Properly Considering Supporting Documents? No Says Calcutta HC

The Calcutta High Court has set aside a GST refund rejection order denying a...

GST Registration Restoration Allowed After Taxpayer Clears Pending Returns and Dues: Gauhati High Court 

The Gauhati High Court has held that a taxpayer whose GST registration was cancelled...

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

LC Charges Recovered in High Seas Sale Can’t Be Taxed as Banking Service: CESTAT

The Customs, Excise & Service Tax Appellate Tribunal (CESTAT), Principal Bench, New Delhi, has held that Letter of Credit (LC) charges recovered by a trading company from domestic buyers in connection with High Seas Sale (HSS) transactions cannot be subjected to service tax under...

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

Your Employer Can’t Deduct More Than This Amount Of TDS From Your Salary

TDS on salary is calculated based on the employee's estimated annual taxable income. The...

Madras High Court Quashes Order Passed Against Non-Existent Entity Post-Amalgamation Despite Prior Intimation

The Madras High Court has quashed the order passed against non-existent entity post-amalgamation despite...

Landmark Case Analysis: Vishaka v. State of Rajasthan – The Genesis of Workplace Sexual Harassment Law in India

In the evolution of gender justice and workplace safety in India, few cases are...

Customs Weekly Flashback: 27 April To 3 May 2025

Customs weekly flashback for the period  27 April to 3 May 2025.Supreme Court Customs Duty...

Service Tax Weekly Flashback: 27 April To 3 May 2025

Service Tax weekly flashback for the period  27 April to 3 May 2025.Orissa High...

GST Weekly Flashback: 27 April To 3 May 2025

Goods and Service Tax (GST) weekly flashback for the period  27 April to 3...

VAT Applicable Where Contract for Transfer of Right to Use Goods Is Executed, Not Where Goods Are Delivered: Chhattisgarh High Court

The Chhattisgarh High Court has held that the Value Added Tax (VAT) is applicable...

Explained: What is Res Judicata in Indian Law?

IntroductionIn the labyrinth of legal principles that govern Indian jurisprudence, the doctrine of Res...

New Parts Used in Vehicle Repairs Amount to Goods Transfer: CESTAT Quashes Service Tax Demand on Maruti Suzuki Service Station

The Delhi Bench of Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has quashed...

GSTN Issues Advisory for Biometric-Based Aadhaar Authentication and Document Verification for GST Registration In Sikkim

The Goods and Service Tax Network (GSTN) has issued the advisory for biometric-based aadhaar...

Delhi Traffic Challans to Be Settled in National Lok Adalat on May 10

In a significant move to ease the burden of pending traffic challans and promote...

PMLA | Bombay High Court Extends Interim Protection To Person Accused Of Defrauding Agriculturalists

The Bombay High Court has extended interim protection to persons accused of defrauding agriculturalists...