Proforma Invoice Valid for Availing CENVAT Credit if Service Tax Is Paid: CESTAT

The Bangalore Bench of the Customs, Excise & Service Tax Appellate Tribunal (CESTAT) has held that CENVAT credit cannot be denied merely because it...

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...

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)...

Proforma Invoice Valid for Availing CENVAT Credit if Service Tax Is Paid: CESTAT

The Bangalore Bench of the Customs, Excise & Service Tax Appellate Tribunal (CESTAT) has...

Tax Demand Can’t Be Raised Through Computation Sheet When Assessment Accepts Returned Income Without Additions: ITAT

The Bengaluru Bench of the Income Tax Appellate Tribunal (ITAT) has held that the...

Whether Banks Can Simultaneously Avail ITC U/s 17(2) and 17(4)? Madras High Court Stays GST Adjudication Against City Union Bank

The Madras High Court has restrained the GST authorities from passing adjudication orders against...

Supreme Court Stays GST SCN Over Parallel Proceedings During Pending Statutory Appeal

The Supreme Court has stayed further proceedings arising from a Goods and Services Tax...

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...

Import Duty Payable on Actual Reduced Price Despite Higher Price at Time of Import: CESTAT

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

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)...

Driver’s Statement on Plain Paper Has ‘Very Little Evidentiary Value’: Allahabad High Court Quashes GST Penalty Order 

The Allahabad High Court has set aside an appellate order upholding a penalty under...

Whether Banks Can Simultaneously Avail ITC U/s 17(2) and 17(4)? Madras High Court Stays GST Adjudication Against City Union Bank

The Madras High Court has restrained the GST authorities from passing adjudication orders against...

Supreme Court Stays GST SCN Over Parallel Proceedings During Pending Statutory Appeal

The Supreme Court has stayed further proceedings arising from a Goods and Services 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’...

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

Proforma Invoice Valid for Availing CENVAT Credit if Service Tax Is Paid: CESTAT

The Bangalore Bench of the Customs, Excise & Service Tax Appellate Tribunal (CESTAT) has held that CENVAT credit cannot be denied merely because it was availed on the basis of a proforma invoice when the service tax had been duly paid by the service...

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,...

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GST Weekly Flashback: 23 To 29 March 2025

Goods and Service Tax (GST) Weekly Flashback from 23 to 29 March 2025.Supreme CourtSupreme...

Direct Tax Weekly Flashback: 23 To 29 March 2025

Direct Tax Weekly Flashback from 23 to 29 March 2025.Supreme Court Income Tax Demands After...

CBI Apprehends CGST Superintendent For Demanding 8-10% Bribe On Rs. 1.33 Lakh Refund

The Central Bureau of Investigation (CBI) has apprehended two accused including a CGST Superintendent,...

Indirect Tax Weekly Flashback: 23 To 29 March 2025

Indirect Tax Weekly Flashback from 23 to 29 March 2025.Supreme Court CBIC To Re-Examine Timelines...

CESTAT Weekly Flashback: 23 To 29 March 2025

CESTAT Weekly Flashback for the period 23 To 29 March 2025.Customs Excise and Service...

Govt Notifies Finance Act 2025: 10 Key Changes [READ NOTIFICATION]

The Government of India has officially notified the Finance Act 2025 has been published...

Taxpayer Data Misuse Allegations: CBI Registers Case Against Income Tax Officials

The Central Bureau of Investigation (CBI) has registered a case against six individuals, including...

CBDT Notifies New Disclosure Rules for MSME Payments, Share Buybacks, and Loans

The Central Board of Direct Taxes (CBDT) has introduced significant amendments to tax audit...

DRI To Copy Relied Upon Documents, Avoid Unnecessary Retention of Seized Devices: Delhi High Court

The Delhi High Court has held that the Directorate Of Revenue Intelligence (DRI)  must...

Supreme Court Directs Customs Dept. To Ensure Comprehensive Testing Facilities For Goods Classification To Avoid Prolonged Litigation

The Supreme Court has directed the customs department to ensure comprehensive testing facilities for...

Ashok Bhasin’s Latest Thriller Gulnora Unravels a Tale of Intrigue and Corruption

Renowned thriller writer Ashok Bhasin has once again captivated readers with his latest novel,...

AI Can’t Override Natural Justice; CPC Portal Must Reflect Thoughtful Consideration: Bombay High Court

The Bombay High Court has held that Artificial Intelligence (AI) cannot override natural justice,...