Direct Tax
Unsigned S. 148 Notice Invalidates Reassessment Proceedings: ITAT Quashes Entire Income Tax Assessment
The Rajkot Bench of the Income Tax Appellate Tribunal (ITAT) has held that a notice issued under Section 148 without either a manual or...
Notification
Cabinet Clears Tougher Anti-Paper Leak Bill; 10-Year Jail, ₹10 Crore Fine Proposed
A move aimed at restoring public confidence in India's examination system, the Union Cabinet has approved a draft Bill proposing stricter punishments for those involved in paper leak and examination fraud cases. The proposed legislation seeks to amend the Public Examinations (Prevention of Unfair...
Other Laws
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...
Other Laws
No Motor Accident Compensation Without Proven Link Between Death and Use of Vehicle: Supreme Court
The Supreme Court has held that compensation under the Motor Vehicles Act cannot be...
Direct Tax
Unsigned S. 148 Notice Invalidates Reassessment Proceedings: ITAT Quashes Entire Income Tax Assessment
The Rajkot Bench of the Income Tax Appellate Tribunal (ITAT) has held that a...
GST
Whether Dept. Can Invoke S. 73 Without Challenging Refund Sanction Order? Telangana High Court Stays GST Refund Recovery
The Telangana High Court has raised a significant jurisdictional question under the Goods and...
Direct Tax
Inadvertent Omission in Form 3CD Due to Software Error Can’t Attract Penalty Under S. 271B: ITAT
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has held that an...
Direct Tax
No TDS on Branch-to-Head Office Remittances: Delhi High Court
The Delhi High Court has clarified that no tax is required to be deducted...
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...
Direct Tax
S. 56(2)(x) Can’t Tax Redevelopment Flats Before Possession; Registration of Agreement Alone Doesn’t Amount to ‘Receipt’: ITAT
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has held that Section...
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
Whether Dept. Can Invoke S. 73 Without Challenging Refund Sanction Order? Telangana High Court Stays GST Refund Recovery
The Telangana High Court has raised a significant jurisdictional question under the Goods and...
GST
Bail Conditions Relaxed for Chinese National in Rs. 11 Crore GST Evasion Case After Embassy Declines Guarantee Certificate: Allahabad High Court
The Allahabad High Court has modified the bail conditions imposed on a Chinese national...
GST
GST Proceedings Under Wrong Provision? Karnataka High Court Stays S. 74 Action Over Interest and Penalty After ITC Reversal
The Karnataka High Court has granted interim protection to a taxpayer challenging GST proceedings...
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
DRI Withdraws Summons To Advocate; Delhi High Court Holds Summons To Advocates Only In Rare And Exceptional Circumstances
The Delhi High Court has observed that summoning an advocate under Section 108 of the Customs Act, 1962 should ordinarily be resorted to only in rare and exceptional circumstances, while disposing of a writ petition challenging a summons issued by the Directorate of Revenue...
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
Notification
CBIC Notifies Promotion Of Vikas Kumar, P. K. Katiyar, Sanjay Gupta To Chief Commissioner Of Customs & Indirect Taxes Grade
The Central Board of Indirect Taxes and Customs (CBIC) has notified the promotion of...
Notification
CBIC Notifies Promotion Of Satendra Vikram Singh, Ravinder Saroop, Vivek Chaturvedi, Mahendra Ranga To The Post Of Principal Director General Of Customs & Indirect...
The Central Board of Indirect Taxes and Customs (CBIC) has notified the promotion of...
Live Updates
LIVE UPDATES: Economic Survey 2024-25
The Economic Survey 2024-25 will be presented by Union Finance Minister Nirmala Sitharaman today,...
GST
Non-Filing Of Monthly Return Amounts To Wilful Suppression Of Fact Under GST: Andhra Pradesh High Court Uphold Penalty
The Andhra Pradesh High Court has upheld the penalty and held that non-filing of...
Direct Tax
Assessment Is Sought To Be Reopened Based On Info Which Was Fully Examined In Earlier Round Of Reassessment: Delhi High Court Quashes Order
The Delhi High Court has quashed the reassessment order and notice on the grounds...
Indirect Taxes
Refund Of Excess Custom Duty | Appeals Are Filed Within 90-Day Period From Date Of Pronouncement Of Judgment By Supreme Court In ITC Case:...
The Delhi High Court has held that the appeals are filed within 90-day period...
Live Updates
LIVE UPDATES : Parliament Budget Session: Day 1
Ahead of the Union Budget for FY 2025-26, President Droupadi Murmu will inaugurate the...
Indirect Taxes
Two Men Arrested for Smuggling 82 kg Peacock Tail feathers at IGI Airport
The Delhi Customs Department at IGI Airport under the leadership of Vishal Pal Singh...
Indirect Taxes
Gold Smuggling In Toolbox Foiled At IGI Airport
The gold smuggling attempt was foiled by the Delhi Customs Department at IGI Airport...
Direct Tax
TOLA | Delhi High Court Quashes Reassessment Notice And Order Citing Limitation
The Delhi High Court has quashed the reassessment notice and order citing the limitation.The...
Notification
This CBIC Circular Clarifies Confusion Related To Applicability Of Late Fee For Delay In Furnishing Of FORM GSTR-9C
The Central Board of Indirect Taxes and Customs (CBIC) has issued the clarification on...
Notification
CBIC Notifies Promotion Of Officers To Commissioner of Customs & Indirect Taxes Grade
The Central Board of Indirect Taxes and Customs (CBIC) has notified the promotion of...