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

Addition Based on Unverified Third-Party Digital Records Can’t Survive Scrutiny: ITAT

The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) has deleted an addition...

Retrospective Application of BNS Unconstitutional: Allahabad High Court Quashes FIR Against Panchayat Secretary For Non-Deposit Of TDS/GST

The Allahabad High Court has quashed a criminal case registered against a Gram Panchayat...

Cash Deposits Can’t Be Taxed as Unexplained Money When Supported by Earlier Bank Withdrawals: ITAT

The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) has deleted an addition...

Allahabad High Court Stays GST Detention Order; Directs Release of Vehicle and Goods on Deposit of Rs. 1.44 Lakh

The Allahabad High Court has granted interim relief to a taxpayer by staying the...

Bombay High Court Issues Notice on Challenge to Customs Advance Ruling Alleged to be Non-Speaking Order

The Bombay High Court has issued notice to the Customs Authority for Advance Rulings...

JNCH Withdraws Consultative Letters Against 132 Importers, Accepts ‘Desi Chana’ Classification Under Tariff Item 0713 20 20

The Office of the Commissioner of Customs (Audit), Jawaharlal Nehru Custom House (JNCH), Nhava...

Secondment Reimbursements, Professional Service Receipts of EY US Taxable as FTS Under India–US DTAA: Delhi High Court 

The Delhi High Court has delivered a significant judgment in favour of Ernst &...

Gross Receipts Can’t Be Taxed When Expenditure Is Incurred for Achieving Society’s Objects: ITAT

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

JURISHOUR | TAX LAW DAILY BULLETIN : 20 June, 2026

Here’s the Tax Law Daily Bulletin for June 20, 2026. GST TAXPAYER’S RIGHT TO CORRECT GSTR-1...

Service Tax Refund Can’t Be Denied Due to Wrong Registration Code: CESTAT

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

Purchase of Residential Property from Spouse Doesn’t Bar S. 54 Relief: ITAT

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

DIGIT Data Entry Guidelines | CBIC Mandates Timely Reporting of Customs Offence Cases

The Central Board of Indirect Taxes and Customs (CBIC) has issued instructions laying down...