JURISHOUR | TAX LAW DAILY BULLETIN : 30 JULY, 2026

Here’s the Tax Law Daily Bulletin for July 30, 2026. GST GSTN ISSUES ADVISORY ON KEEPING ON HOLD THE PROPOSED E-WAY BILL ENHANCEMENTS MADRAS HIGH COURT UPHOLDS...

No Proposal to Scrap LTCG Tax on Equities for Domestic Investors: Finance Ministry

The Central Government has clarified that it is not considering any proposal to abolish Long-Term Capital Gains (LTCG) tax on equity investments for domestic retail or institutional investors during the current financial year. The clarification came in response to a question raised in the...

Bombay High Court Notifies Special Courts for Trial of Paper Leak Cases Under Public Examinations Act, 2024

The Bombay High Court has designated Special Courts across Maharashtra to exclusively try offences...

PM Modi Announces Fast-Track Courts for  NEET-UG Exam Paper Leak Cases

Prime Minister Narendra Modi on Thursday announced that the Union Government will establish fast-track...

JURISHOUR | TAX LAW DAILY BULLETIN : 30 JULY, 2026

Here’s the Tax Law Daily Bulletin for July 30, 2026. GST GSTN ISSUES ADVISORY ON KEEPING...

AI-Led GST Crackdown Uncovers ₹74,782 Crore Fake ITC Fraud in FY26

The Central Government has significantly intensified its technology-driven crackdown on Goods and Services Tax...

Registrar Can Amend Service Rules Under Cooperative Societies Act: Supreme Court 

The Supreme Court has held that the Registrar is empowered not only to frame...

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...

No Appeal Lies Against Sessions Court Conviction Reversing Acquittal; Revision Is the Only Statutory Remedy: Supreme Court

The Supreme Court has held that an accused cannot file a statutory appeal under...

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)...

AI-Led GST Crackdown Uncovers ₹74,782 Crore Fake ITC Fraud in FY26

The Central Government has significantly intensified its technology-driven crackdown on Goods and Services Tax...

Madras High Court Stays GST Assessment and Penalty Orders Over Alleged Lack of Jurisdiction in DGGI Case

The Madras High Court has granted interim relief to a taxpayer by staying GST...

GST Assessment And Recovery Against IRFC Quashed For Ignoring Reverse Charge ITC Rules: Madras High Court

The Madras High Court has set aside a GST assessment order and the consequential...

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

Sales Tax Concession Cannot Be Denied Unless Government Notification Is Expressly Rescinded: Telangana High Court

The Telangana High Court has ruled that a statutory government notification granting a concessional rate of sales tax continues to remain operative until it is expressly rescinded, and cannot be rendered ineffective merely because the relevant entry in the taxing statute has been amended.  Holding...

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

ITR Deadline Extension Highly Unexpected: Know Why?

As the due date for filing Income-tax Returns (ITRs) draws closer, many taxpayers continue...

How to Claim Up to Rs. 10 Crore Capital Gains Tax Exemption? Know Strategy

Many taxpayers believe that once they earn a large capital gain, tax is unavoidable....

20 CA Firms and CA-Led Compliance Platforms Working Pan India Suitable for Startups and Middle-Class Individuals | 2026

Finding a good Chartered Accountant is no longer limited to searching for a local...

Can Indian Lawyers Really Make ₹1 Crore Per Day? Truth Revealed

The idea that Indian lawyers can earn ₹1 crore in a single day sounds...

How to Become a GST Inspector in India?

For thousands of graduates aspiring to secure a prestigious government job, the position of...

JURISHOUR | TAX LAW DAILY BULLETIN : 22 June, 2026

Here’s the Tax Law Daily Bulletin for June 22, 2026. GST RECTIFIED GST REFUND APPLICATIONS CAN’T...

Russian Crude Makes Up Nearly 50% of India’s Oil Imports in June

India’s dependence on Russian crude oil strengthened further in June, with imports from Russia...

Customs Seizes Hydroponic Weed Worth ₹4.83 Crore at Delhi IGI Airport

The Customs officers of the Air Intelligence Unit (AIU) at Indira Gandhi International (IGI)...

Validity of Post-GST Service Tax Proceedings Upheld: Gujarat High Court Dismisses Challenge to S. 73 SCN

The Gujarat High Court has dismissed a writ petition challenging a service tax show...

No Recovery After Repeal: Gujarat HC Sets Aside Excise Demand Based on Omitted S. 3A and R. 96ZQ

The Gujarat High Court has set aside a long-pending central excise demand against a...

Service Tax Can’t Be Levied on Loss-Making Contracts: Gujarat High Court

The Gujarat High Court has quashed a service tax show cause notice seeking recovery...

Service Tax Refund Can’t Be Denied as Time-Barred When Levy Itself Is Unconstitutional: Gujarat High Court

The Gujarat High Court has held that a refund claim for service tax cannot...