JURISHOUR | TAX LAW DAILY BULLETIN : 30 JULY, 2026

Here’s the Tax Law Daily Bulletin for July 30, 2026.GSTGSTN ISSUES ADVISORY ON KEEPING ON HOLD THE PROPOSED E-WAY BILL ENHANCEMENTSMADRAS 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.GSTGSTN 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

Does GST Inspector Wear Khaki Uniform?

The role of a GST inspector often leads to confusion regarding their uniform and...

Can GST Appeals Be Filed After Limitation? Supreme Court Clears the Air

In a landmark judgment, the Supreme Court of India has ruled that the provisions...

Karnataka High Court Stays Adjudication Of SCN Demanding GST On Extra Neutral Alcohol

The Karnataka High Court Dharwad Bench has stayed the adjudication of the show cause...

Delhi High Court Dispenses with ‘Gown’ Requirement for Advocates 

The Delhi High Court has dispensed with the 'Gown' requirement for advocates.In a significant...

Gold Smuggling Accused Granted Bail by Mumbai Court Citing ‘Inadequate Arrest’

The Esplanade Court in Mumbai granted bail to a 24-year-old man accused of smuggling...

CGST Raid Uncovers Worth ₹3 Crore Illegal Paan Masala & Zarda in Gurugram

In a major crackdown on tax evasion, the Anti-Evasion Wing of the CGST Gurugram...

Statement Recorded U/S 70 Of GST Act Not Hit By S. 25 of Indian Evidence Act, 1872: Rajasthan High Court Cancels Bail Of Alleged...

The Rajasthan High Court has cancelled the bail of GST Evader and held that...

Income Tax Inspector Salary in India

An Income Tax Inspector in India, typically recruited via SSC CGL, starts with a...

Madras High Court Denies ITC, Citing Lack Of E-way Bills & Transport Documents

The Madras High Court has dismissed a batch of writ petitions and has denied...

Orissa High Court Stays 10% Pre-Deposit Demand On Remaining Disputed Tax Under GST

The Orissa High Court has stayed 10% pre-deposit demand on remaining disputed tax under...

‘Intellectual Property’ Right Not A Provision For Incentivizing Innovation, CESTAT Remands Back To Decide Refund Of Accumulated CENVAT Credit 

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