Ask Jurishour AI
GST
GST Collections Rise 22.9% To ₹2.31 Lakh Crore In October; Import Revenue Surges 42.2%
India’s gross Goods and Services Tax (GST) collections rose 22.9% year-on-year to ₹2,31,290 crore in October 2026, compared with ₹1,88,125 crore in October 2025,...
Notification
GST Exemption Covers Banks’ Internal Fund Transfer Interest; NBFC Co-Lending Services Taxable: CBIC
The Central Board of Indirect Taxes and Customs (CBIC) has clarified that notional interest recorded by banks under their internal Fund Transfer Pricing (FTP) mechanism qualifies for the interest exemption under GST. However, services provided by non-banking financial companies (NBFCs) to banks under co-lending...
Other Laws
Delhi High Court Rejects AISA President Neha Bora’s Plea Against Peace Bond Notice Over CEC Protest
The Delhi High Court has dismissed a petition filed by All India Students’ Association...
Other Laws
Cabinet Secretary Acknowledged Letters From Two Election Commissioners Seeking Action Against Senior ECI Officer: RTI Reply
The Cabinet Secretariat acknowledged letters written by two Election Commissioners seeking action against a...
GST
GST Collections Rise 22.9% To ₹2.31 Lakh Crore In October; Import Revenue Surges 42.2%
India’s gross Goods and Services Tax (GST) collections rose 22.9% year-on-year to ₹2,31,290 crore...
GST
GSTAT Appeal Remedy: Supreme Court Declines To Interfere With HC’s Dismissal Of GST Writ Petition
The Supreme Court has dismissed a special leave petition challenging an Allahabad High Court...
GST
Defective GST Notice Can’t Sustain Rs. 2.50 Crore Recredit Demand: GSTAT Orders Reconciliation Of Tax Paid Under Wrong Head
The Goods and Services Tax Appellate Tribunal (GSTAT), Ghaziabad State Bench, has set aside...
GST
Exempt Cattle Feed Sales Alone Doesn’t Warrant ITC Reversal; Common Credit Must Be Verified: GSTAT
The Goods and Services Tax Appellate Tribunal (GSTAT), Chandigarh State Bench, has held that...
Live Updates
57th GST Council Meeting LIVE
The 57th GST Council meeting is underway in New Delhi, with proposals covering GST officers’ arrest powers, input tax credit, refunds, registration, return filing...
Money Hacks
Senior Citizen Savings Scheme Gets 5 Key Rule Changes From July 1, 2026
The Senior Citizen Savings Scheme (SCSS), one of India's most popular government-backed retirement investment...
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...
Case Compilation
JURISHOUR | TAX LAW DAILY BULLETIN : 31 OCTOBER, 2026
Here’s the Tax Law Daily Bulletin for October 31, 2026.GSTRS. 11.56 CRORE GST ITC...
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 VedantaÂ
The Proposed Combination envisages acquisition of Jaiprakash Associates Limited (JAL) by Vedanta Limited (Acquirer)...
GST
GST Collections Rise 22.9% To ₹2.31 Lakh Crore In October; Import Revenue Surges 42.2%
India’s gross Goods and Services Tax (GST) collections rose 22.9% year-on-year to ₹2,31,290 crore...
GST
GSTAT Appeal Remedy: Supreme Court Declines To Interfere With HC’s Dismissal Of GST Writ Petition
The Supreme Court has dismissed a special leave petition challenging an Allahabad High Court...
GST
Commissioner’s Approval Can’t Override Rs. 20 Lakh Appeal Limit: GSTAT Dismisses Dept.’s Penalty Appeal
The Goods and Services Tax Appellate Tribunal (GSTAT), State Bench at Ghaziabad, has dismissed...
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
Rs. 11,000 Crore Customs Demand: Volkswagen Cites Five-Year Limit, Centre Alleges Delayed Disclosure Before Bombay High Court
The Centre has defended its approximately ₹11,000 crore customs duty demand against Volkswagen before the Bombay High Court, while the German automaker has questioned the legality of examining import transactions dating back 12 years.During Thursday’s hearing, senior advocate Arvind Datar, appearing for Volkswagen, argued...
International Taxation
Trump Signs Executive Order to Reduce Mortgage Costs, Expand Housing Affordability in US
US President Donald Trump has signed an executive order directing federal agencies to take...
International Taxation
China Tightens Tax Enforcement on Offshore Trusts, Wealthy Individuals Face Scrutiny Over Overseas Assets
China is stepping up tax enforcement against wealthy individuals holding assets overseas, including investments...
Live Updates
57th GST Council Meeting LIVE
The 57th GST Council meeting is underway in New Delhi, with proposals covering GST...
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...
Latest Articles
GST
GST on Casino Earnings? Supreme Court to Decide in Rs. 33,500 Crores Dispute
SC Bench to Conclude Hearings on July 25; Delta Corp Argues GST Demand is...
Columns
“No Import Without Entry”? CESTAT Verdict Fuels Controversy Over Airport Smuggling Jurisdiction
The Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has quashed a gold smuggling...
Notification
Form MGT-7 Certification Now Integrated with MGT-8 on MCA V3 Portal: ICSI
ICSI Urges Continued Use of Certified Letterhead with UDINThe Ministry of Corporate Affairs (MCA)...
GST
Unregistered Vegetable Vendor Slapped with Rs. 29 Lakh GST Demand over UPI Transactions
UPI Transactions/digital payments land small vendor in regulatory troubleA small-time vegetable vendor, Shankargouda Hadimani...
Notification
Fake Income Tax Email Alert: Here’s What to Do If You Receive a ‘Manual Verification’ Email
Email Claims Manual Verification for Rs. 50,000 RefundThe Government of India has issued an...
Indirect Taxes
Trichy Customs Seizes E-Cigarettes Worth Rs. 6.25 Lakh
250 E-Cigarettes Seized by Trichy Customs from Passenger Arriving from Kuala LumpurThe Air Intelligence...
Indirect Taxes
Customs Dept. Withheld Tyres for Over 8 Months Despite Test Report Confirming Off-Road Use: Calcutta HC
Calcutta High Court Orders Customs Dept. to Decide on Release of Imported Mining Tyres...
Indirect Taxes
Imported Brine Shrimp Eggs Classified As ‘Prawn Feed’, 5% BCD Applicable: Calcutta High Court
High Court Rules Imported Brine Shrimp Eggs Qualify as Prawn Feed; Criticizes Customs for...
Indirect Taxes
Gold Bars Seized at IGI Airport Without SCN Ordered to Be Released: Delhi High CourtÂ
The Delhi High Court has directed the release of gold bars seized from a...
Indirect Taxes
Gold Smuggling Against Transit Passenger Quashed: CESTAT Says Customs Act Not Applicable Without Immigration Clearance
The Customs, Excise & Service Tax Appellate Tribunal (CESTAT), Delhi Bench, has ruled in...
Indirect Taxes
Bombay High Court Stays Entertainment Tax Recovery from Water Park Operator: Raises Alarm Over Stability of Tourism Incentives
Judicial scrutiny over policy reinterpretation may reshape the investment landscape for leisure-focused real estate...
GST
E-Way Bill Dispatch Location Error Not Tax Evasion: Allahabad High Court Quashes IGST Demand and Penalty
The Allahabad High Court has set aside an Integrated GST (IGST) demand and penalty...
© 2025 Juris Hour. All Rights Reserved.