Sameer Wankhede Case: Bombay High Court Raises Serious Questions Over NCB’s Reliance on Anonymous Complaints

The Bombay High Court has raised serious concerns over the Narcotics Control Bureau's (NCB) decision to initiate repeated departmental proceedings against its former Mumbai...

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...

Supreme Court Upholds Stamp Duty on Anticipated Royalty, Rejects Mining Company’s Dead Rent Formula Plea

The Supreme Court has held that stamp duty on mining lease agreements must be...

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...

Sameer Wankhede Case: Bombay High Court Raises Serious Questions Over NCB’s Reliance on Anonymous Complaints

The Bombay High Court has raised serious concerns over the Narcotics Control Bureau's (NCB)...

Why Are Promotions to Assistant Commissioner in CBIC Stuck? Explained

In a significant development for hundreds of officers awaiting promotion in the Central Board...

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...

Cruise Operators Eligible for Presumptive Tax U/s 44B; Onboard Hospitality Doesn’t Change Nature of Passenger Carriage: Supreme Court

The Supreme Court has held that cruise operators providing passenger transportation remain eligible for...

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...

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...

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

CA Firms Now Eligible Under PM Internship Scheme; Interns to Receive Rs. 9,000 Monthly Stipend

In a significant policy change aimed at expanding professional training opportunities for young graduates,...

MCA Grants Relief in DPT-3 Filing: Additional Fees Waived Till July 31, 2026

The Ministry of Corporate Affairs (MCA) has provided significant relief to companies by allowing...

Mistaken Claim of Eligible IGST Credit Under CGST/SGST Heads Is a Technical Error, Not Wrongful ITC Availment: Kerala HC

The Kerala High Court has reiterated that the mere utilization of eligible Integrated Goods...

Isabgol Seeds Procured Through APMC Exempt from GST; Not Covered Under ‘Goods of Seed Quality’ Entry: AAR

The Gujarat Authority for Advance Ruling (AAR) has held that fresh and unprocessed Psyllium...

Reply Format For Show Cause Notice Issued Only For Interest Demand Under FORM DRC-01

Here’s the reply format for show cause notice issued only for interest demand under...

Broken-Period Interest on Sale of NCDs Taxable as Interest, Not Capital Gains: ITAT

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

No Denial of S.12AB Registration Without Actual Application of Funds Outside India: ITAT

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

India Extends Anti-Dumping Duty on Chinese PET Resin for 5 More Years to Protect Domestic Industry

The Central Government has extended the anti-dumping duty on imports of Polyethylene Terephthalate (PET)...

India Imposes Anti-Dumping Duty on Sulphenamides Accelerators Imports from China, EU and US for 5 Years

The Ministry of Finance has imposed anti-dumping duties on imports of Sulphenamides Accelerators originating...

Seized Quantity Of Smuggled Marijuana Was Not Commercial: Telangana High Court Grants Bail to 2 Foreign Nationals

The Telangana High Court has granted bail to Pilassary Meethal Thajul Diyoof and Valappil...

Income Tax Reassessment Time Limit Can’t Be Extended Indefinitely: Chhattisgarh HC

The Chhattisgarh High Court has dismissed an appeal filed by the Income Tax Department...

MODVAT Credit on Fuel Used for Electricity Can’t Be Denied Merely Because Power is Wheeled to Sister Units: Madras HC

The Madras High Court has delivered a significant ruling in favour of manufacturers using...