Columns
GST Rule 42 and Rule 43: Complete Guide to ITC Reversal on Common Inputs, Input Services, Capital Goods
The Input Tax Credit (ITC) mechanism is the backbone of the GST regime. However, taxpayers are not entitled to retain the entire ITC if...
Notification
GSTN Mandates Ship-to GSTIN in e-Invoice and e-Way Bill APIs; Introduces Voluntary e-Way Bill Closure Facility from August 1, 2026
The Goods and Services Tax Network (GSTN) has issued a comprehensive advisory announcing significant changes to the e-Invoice API and e-Way Bill ecosystem, including the mandatory capture of Ship-to GSTIN in specified transactions and the introduction of a Voluntary Closure facility for e-Way Bills....
Other Laws
Rejection Of Election Nomination Can’t Be Challenged Through Writ Petition During Ongoing Election Process: Supreme Court
The Supreme Court has held that the rejection of an election nomination cannot be...
Other Laws
Candidates Can’t Be Denied Government Jobs Due to Delay in Workshop Approval Renewals: Supreme Court
The Supreme Court has held that the candidates cannot be denied government jobs due...
Columns
GST Rule 42 and Rule 43: Complete Guide to ITC Reversal on Common Inputs, Input Services, Capital Goods
The Input Tax Credit (ITC) mechanism is the backbone of the GST regime. However,...
Direct Tax
Net Direct Tax Collections Jump 14.64% to ₹5.21 Lakh Crore; Advance Tax Surges 15.30% by June 17
India's direct tax collections have started FY 2026-27 on a strong note, with net...
Notification
ICAI Refutes Social Media Claims of Examination Data Breach, Assures Students of Complete Data Security
The Institute of Chartered Accountants of India (ICAI) has issued an important clarification dismissing...
Other Laws
Supreme Court Declares Right to Walk and Access Footpaths a Fundamental Right; Enhances Compensation in Child Road Accident Case
The Supreme Court has declared that the right to walk is a fundamental right...
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, marking a significant moment ahead of the presentation of the...
Money Hacks
Jewellery Stocks Rally as Govt. Cuts Gold, Silver Import Prices
Shares of jewellery companies witnessed a strong rally after the Centre reduced the base...
Money Hacks
Top 10 Cashback UPI Apps in India (2026)
India’s Unified Payments Interface (UPI) has transformed the digital payment ecosystem by enabling instant...
Indirect Taxes
Absence of E-Way Bill and Transport Documents Justifies Customs Seizure U/s 110: Gauhati HC
The Gauhati High Court has upheld the seizure of 33,600 kilograms of areca nuts...
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
GST Appeal Can’t Be Rejected as Time-Barred When Taxpayer Was Pursuing Rectification Remedy: Telangana High Court
The Telangana High Court has held that an appellate authority should not reject an...
GST
GST Registration Must Be Restored Despite Departmental Appeal; No Automatic Stay on Appellate Order: Allahabad High Court
The Allahabad High Court has held that the GST Department cannot refuse to restore...
GST
DGGI Meerut | Allahabad HC Strikes Down GST Arrest Citing Absence of Transit Remand and Arrest Memo Defects
The Allahabad High Court has declared the arrest and detention of the accused by...
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
Absence of E-Way Bill and Transport Documents Justifies Customs Seizure U/s 110: Gauhati HC
The Gauhati High Court has upheld the seizure of 33,600 kilograms of areca nuts valued at approximately ₹2.22 crore by Customs authorities, ruling that the officers had sufficient “reason to believe” under Section 110 of the Customs Act, 1962 to suspect that the goods...
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
JurisHour Exclusive Live Coverage Of Budget for FY 2026–27
Finance Minister Nirmala Sitharaman arrived at Kartavya Bhawan at the Finance Ministry on Saturday,...
Live Updates
LIVE | Gyanotsav 2026 Day 2: A Power-Packed Knowledge Marathon After a Blockbuster Opening Day
After a high-octane first day marked by back-to-back banger sessions, thought-provoking discussions and an...
Latest Articles
Indirect Taxes
Customs Department Failed To Inform Assessee About Transferring Its Case To The Call Book: Bombay High Court Quashes SCN
The Bombay High Court has quashed the Show Cause Notice on the grounds that...
Indirect Taxes
CESTAT Allows Micromax Informatics To Raise Alternative Classification Of LED/LCD TV Panels And Accessories
The Delhi Bench of Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has allowed...
Indirect Taxes
Too Onerous To Expect CHA To Enquire And Verify Genuineness Of IE Code For Each Import/Export Transaction: CESTAT
The Delhi Bench of Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has held...
Indirect Taxes
Bombay High Court Upholds Suspension Of Warehousing Operation Revocation Citing BISCO Limited Judgement
The Bombay High Court has upheld the suspension of warehousing operation revocation citing BISCO...
Direct Tax
Income Tax Deduction Allowable On Interest For Broken Period In Case Of Stock -In-Trade: Supreme Court
The Supreme Court has held that income tax deduction allowable on interest for broken...
GST
State GST Officers Not Adjudicating Authority: Allahabad High Court Grants Interim Stay
The Allahabad High Court while admitting the writ petition and granting the interim stay...
Direct Tax
CBDT Circular Prescribing Monetary Limits To File Appeal/SLP Not Applicable On International Tax Appeal Involving DTAA: Punjab & Haryana High Court
The Punjab and Haryana High Court has held that the circular issued by the...
Direct Tax
CBDT Issues Revised Guidelines For Compounding of Offences Under Income Tax Act, 1961
The Central Board of Direct Taxes (CBDT) has issued Revised Guidelines for compounding of...
Indirect Taxes
Discount Can’t Be Treated As Additional Consideration And Added To Arrive Assessable Value: CESTAT
The Mumbai Bench of Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has held...
Notification
Locking Of Auto-Populated Values In GSTR-3B: GSTN
The Goods and Service Tax Networks (GSTN) has notified the locking of auto-populated values...
Indirect Taxes
Declared Value In Bills Of Entry Can’t Be Rejected Based On Proforma Invoice: CESTAT Quashes Section 114AA Penalty
The Kolkata Bench of Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has quashed...
Company & PMLA
Custodial Interrogation Not Mandatory, Can Be Done Via Video-Conferencing: Patiala House Court Dismissing ED’s Application For Anticipatory Bail Cancellation
The Patiala House Courts while dismissing the application filed by the Enforcement Directorate (ED)...