Indirect Taxes
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...
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...
Indirect Taxes
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...
Direct Tax
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...
GST
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...
GST
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...
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...
Indirect Taxes
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
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
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...
GST
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...
GST
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...
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
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...
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
Company & PMLA
PMLA | Delhi High Court Grants 10-Day Bail to Accused in Fake Anti-Cancer Drug Case On This Humanitarian Grounds
The Delhi High Court has granted 10-day bail to accused in a fake anti-cancer...
GST
Service Charge Misleadingly Seen As GST, Burdens Consumers with Double Levy: Delhi High Court [READ ORDER]
Recently, the Delhi High Court has held that the service charge collected by restaurants...
Notification
MP John Brittas Urges Finance Minister to Revoke Denial of Eid-ul-Fitr Holiday For CBIC Officers [READ LETTER]
Rajya Sabha MP and CPI(M) Deputy Leader Dr. John Brittas has written to Union...
Notification
CBIC Declares CGST Field Formations to Remain Open on March 29-31, 2025
The Central Board of Indirect Taxes & Customs (CBIC) has issued a directive stating...
Direct Tax
New Definition of “Specified Premises” For Hotel Accommodation Services Under GST W.E.F 01.04.2025: CBIC Issues FAQs
The Central Board of Indirect Taxes and Customs (CBIC) has issued the Frequently Asked...
Indirect Taxes
Benefit Of Monetary Limits Guidelines Not Applicable In Classification Disputes: Delhi High Court
The Delhi High Court has held that the benefit of monetary limits guidelines is...
GST
Wrongful GST ITC Availment: Meerut Court Denies Bail To Person Involved In Fake Copper Scrap Billing Racket
The Meerut Court has denied bail to persons involved in fake copper scrap billing...
GST
Gurugram Court Grants Bail After 23 Days In Rs. 7.13 Crore GST ITC Fraud Case
The Gurugram Court has granted bail in Rs. 7.13 crore Input Tax Credit (ITC)...
Other Laws
Supreme Court Dismisses Plea for FIR Against Justice Yashwant Varma, Citing Ongoing Inquiry
The Supreme Court declined to entertain a petition seeking the registration of a First...
Notification
Govt. Appoints Panel of Sr./Jr. Standing Counsels For CBIC To Handle Indirect Tax Litigation In Delhi and Patna High Courts
The Ministry of Finance has appointed a Panel of Sr./Jr. Standing Counsels for Central...
Notification
NACIN and IMU Sign MoU to Enhance CBIC Officers’ Marine Enforcement Training
The National Academy of Customs, Indirect Taxes, and Narcotics (NACIN) and Indian Maritime University...
GST
Rs. 53.03 Crore GST Evasion: Meerut Court Denies Bail To Accused
The Meerut Court has denied bail to the accused citing Rs. 53.03 crore fraud,...