Punjab & Haryana HC Directs Reconsideration of Contractors’ Claim for Additional GST Payment After Tax Rate Hike From 12% to 18%

The Punjab and Haryana High Court has directed reconsideration of contractors’ claim for additional GST payment after tax rate hike from 12% to 18%.The...

CBDT Announces Massive Reshuffle in Senior Income Tax Administration; Promotions, Transfers and Key Assignments Across India

In a major administrative restructuring exercise aimed at strengthening tax administration across the country, the Central Board of Direct Taxes (CBDT) has issued an extensive transfer and posting order involving senior officers in the Income Tax Department. The wide-ranging exercise includes promotions, transfers, deputation continuations,...

Supreme Court Upholds Penalty for Misdeclaration of Power Generation Capacity

The Supreme Court has restored the order of the Punjab State Electricity Regulatory Commission...

Punjab & Haryana HC Directs Reconsideration of Contractors’ Claim for Additional GST Payment After Tax Rate Hike From 12% to 18%

The Punjab and Haryana High Court has directed reconsideration of contractors’ claim for additional...

Dept. Can’t Sit in Armchair of Businessman; Upholds Section 47(iv) Exemption on Intra-Group Share Transfer: ITAT

The Chennai Bench of the Income Tax Appellate Tribunal (ITAT) has held that tax...

Bona Fide Reliance on Form 16 Can’t Be Treated as Misreporting: ITAT Deletes Rs. 51.20 Lakh Penalty on ESOP Exemption Claim

The Bangalore Bench of the Income Tax Appellate Tribunal (ITAT) has deleted a penalty...

Borrowed Funds Used for Subsidiary Still Eligible for Interest Deduction U/s 36(1)(iii): Supreme Court

The Supreme Court has held that borrowed funds used for subsidiaries are still eligible...

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...

Jewellery Stocks Rally as Govt. Cuts Gold, Silver Import Prices

Shares of jewellery companies witnessed a strong rally after the Centre reduced the base...

Top 10 Cashback UPI Apps in India (2026)

India’s Unified Payments Interface (UPI) has transformed the digital payment ecosystem by enabling instant...

Company Liquidation Does Not Shield Promoters From Buyback Obligations: Kerala HC

The Kerala High Court has dismissed a petition seeking a stay on the execution...

CCI | GST | Direct Tax

CCI Approves Acquisition Of Jaiprakash Associates By Vedanta 

The Proposed Combination envisages acquisition of Jaiprakash Associates Limited (JAL) by Vedanta Limited (Acquirer)...

CCI Dismisses Complaint Against Microsoft for Bundling Antivirus Software Microsoft Defender with Windows

The Competition Commission of India (CCI) has  dismissed the complaint Against Microsoft for Bundling...

Every IP Dispute Can’t Be Converted Into Competition Dispute: Delhi High Court

The Delhi High Court stated that every IP dispute can't be converted into a...

Whether Swiggy Can Share Confidential Data With Restaurant Association? Karnataka High Court Directs CCI To Decide Afresh

The Karnataka High Court directed Competition Commission of India to decide afresh whether swiggy...

Punjab & Haryana HC Directs Reconsideration of Contractors’ Claim for Additional GST Payment After Tax Rate Hike From 12% to 18%

The Punjab and Haryana High Court has directed reconsideration of contractors’ claim for additional...

Modi–Meloni Moment | Melody Attracts 5% GST Vide This Notification

A viral diplomatic moment involving Prime Minister Narendra Modi and Italian Prime Minister Giorgia...

Goods Can’t Be Released Under S. 129 Once Confiscation Order U/s 130 Is Passed, Title Vests in Govt.: Karnataka HC

The Karnataka High Court has ruled that once a confiscation order is passed under...

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

DRI Seizes E-Cigarettes Worth Rs 120 Crore Seized

The Directorate of Revenue Intelligence (DRI) has unearthed a large-scale smuggling network involved in the clandestine import of electronic cigarettes and vaping devices into India.The anti-smuggling operations were carried out over the past few days across multiple ports, airports, and Inland Container Depots (ICDs)...

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...

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 | 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

OMCs Did Not Violate Provisions Of Competition Act For Issuing  Joint Tender For Procurement Of Ethanol: CCI

The Competition Commission of India held that the OMCs did not violate provisions of...

Imposition Of Pre-Payment Of Loan Penalty On End-Consumer By Finance Company Doesn’t Amount To Anti-Competitive Agreement: CCI

The Competition Commission of India ruled that imposition of Pre-Payment of loan penalty on...

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...

Liability To Pay Customs Duty In Addition To Fine Paid To Redeem Confiscated Goods: Supreme Court

The Supreme Court ruled that there is a liability to Pay Customs Duty in...

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’...