Supreme Court
Medical Colleges Not Entitled to Five-Year Subvention After TMA Pai Verdict: Supreme Court
The Supreme Court has ruled that private professional colleges cannot claim continuation of the Central Government's subvention scheme beyond the academic year 2002-03 merely...
Notification
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...
Other Laws
Sameer Wankhede Case: Bombay High Court Raises Serious Questions Over NCB’s Reliance on Anonymous Complaints
The Bombay High Court has raised serious concerns over the Narcotics Control Bureau's (NCB)...
Other Laws
Delhi Court Grants Bail to Head Chef in Flourish Stay Hotel Fire Case; Says Routine Kitchen Duties Alone Do Not Establish Criminal Negligence
Delhi Saket court has granted regular bail to Keshar Negi, the Head Chef arrested...
Supreme Court
Medical Colleges Not Entitled to Five-Year Subvention After TMA Pai Verdict: Supreme Court
The Supreme Court has ruled that private professional colleges cannot claim continuation of the...
Supreme Court
Non-Signatory Shareholder Bound by Arbitration Clause: Supreme Court
The Supreme Court has held that a shareholder who did not sign a Memorandum...
Indirect Taxes
Customs Foils Ingenious Gold Smuggling Bid at Delhi IGI Airport, Seizes 1 Kg Gold Concealed as Silver-Coated Armlets
Customs officers at the Indira Gandhi International (IGI) Airport, New Delhi, have busted an...
GST
GST ITC Dispute Over ERP Software Must Be Decided on Proof of Utilisation, Not Just Bogus Supplier Allegation: Madras HC
The Madras High Court has held that Input Tax Credit (ITC) dispute over ERP...
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...
Supreme Court
Can Buyers Bypass MSME Council and Invoke Arbitration Act Directly? Supreme Court Leaves Question Open
The Supreme Court has left unresolved a significant legal question concerning the interplay between...
CCI | GST | Direct Tax
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...
CCI
CCI Approves Acquisition Of Jaiprakash Associates By Vedanta
The Proposed Combination envisages acquisition of Jaiprakash Associates Limited (JAL) by Vedanta Limited (Acquirer)...
GST
Statutory GST Appeal Can’t Be Circumvented by Mere Natural Justice Allegations: Bombay HC
The Bombay High Court has reiterated that allegations of violation of natural justice, without...
GST
GST ITC Dispute Over ERP Software Must Be Decided on Proof of Utilisation, Not Just Bogus Supplier Allegation: Madras HC
The Madras High Court has held that Input Tax Credit (ITC) dispute over ERP...
GST
GST Search Without Sharing DIN Violates Transparency Safeguards, But Doesn’t Invalidate Search: Madras High Court
The Madurai Bench of the Madras High Court has held that while the Document...
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
Customs Foils Ingenious Gold Smuggling Bid at Delhi IGI Airport, Seizes 1 Kg Gold Concealed as Silver-Coated Armlets
Customs officers at the Indira Gandhi International (IGI) Airport, New Delhi, have busted an alleged gold smuggling attempt and seized approximately 1 kilogram of gold that was cleverly disguised as traditional armlets (Baajubands) and worn by two women passengers arriving from Istanbul.The operation was...
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
Notification
RBI Monetary Policy: Repo Rate Cut by 25 Bps
In a widely anticipated move, the Reserve Bank of India (RBI) has announced a...
Direct Tax
ITR-B For Block Search Assessment Return U/S.158BC(1)(a) of Income Tax Act: CBDT
The Central Board of Direct Taxes (CBDT) has notified the ITR-B For block search...
Direct Tax
CBDT Notifies April 30, 2025 as Deadline Under Vivad se Vishwas Scheme 2024
In a significant update under the Direct Tax Vivad se Vishwas Scheme, 2024, the...
GST
Mumbai GST Dept. Tightens Investigation Norms: CCTV Mandate, Summons Scrutiny, and Ban on After-Hours Detention
In a significant move reinforcing accountability in tax investigations, the Office of the Principal...
Direct Tax
Bank Fraud: Madhya Pradesh Labourer Receives Rs. 314 Crore Income Tax Notice
In a startling case that has exposed alarming loopholes in financial monitoring and identity...
GST
No GST On Subsequent Sale of Under-Construction Property: Karnataka High Court
The Karnataka High Court has held that the Goods and Service Tax (GST) is...
Indirect Taxes
CBIC and CII Forge New Pathways in Trade Facilitation at National Conference
The Central Board of Indirect Taxes and Customs (CBIC), in collaboration with the Confederation...
Columns
RBI Mandates 8% Interest on Delayed Pension Payments by Banks to Government Pensioners
In a major relief to retired central and state government employees, the Reserve Bank...
International Taxation
Canada Approves $7,500 New Tax Credit for Home Renovations: Check Eligibility, Payment Dates and How to Apply
April 2025 | Ottawa — In a move to support low-income and rural households,...
Columns
Quadruple-entry bookkeeping and it’s relevance to GST
Quadruple-entry bookkeeping is an advanced accounting system that extends the traditional double-entry method by...
GST
5% GST On Maida Pappad: AAR
The Tamil Nadu Authority of Advance Ruling (AAR) has held that 5% goods and...
Direct Tax
Delhi High Court Quashes 2nd Reassessment Notice Issued Beyond 4 Years
The Delhi High Court has quashed the 2nd Assessment Notice which was issued beyond...