Indirect Taxes
R. 6(3) Option Can’t Be Forced on Taxpayer; CESTAT Quashes Rs. 12.36 Crore CENVAT Credit Demand
The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), New Delhi, has held that the tax department cannot compel an assessee to adopt a...
Notification
Court Fees Law to Change From July 8, 2026 as Centre Notifies Jan Vishwas Act Amendments
In a significant step towards implementing the reforms introduced under the Jan Vishwas (Amendment of Provisions) Act, 2026, the Central Government has notified July 8, 2026 as the date from which amendments relating to the Court-fees Act, 1870 will come into effect. The notification...
Other Laws
Supreme Court Treats Mason’s Disability as 100% Functional Disability, Enhances Compensation to Over ₹40 Lakh
The Supreme Court has held that the impact of an injury on a victim’s...
Other Laws
Supreme Court Reduces Sentence in Forged Land Record Case
The Supreme Court has reduced the sentence of a man convicted for using a...
Indirect Taxes
R. 6(3) Option Can’t Be Forced on Taxpayer; CESTAT Quashes Rs. 12.36 Crore CENVAT Credit Demand
The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), New Delhi, has held that...
Indirect Taxes
CESTAT Quashes ₹2.31 Crore Service Tax Demand on Legal Services
The Principal Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT), New...
Notification
ICAI Releases Revised Handbook on Job Work Under GST [DOWNLOAD NOW]
The Institute of Chartered Accountants of India (ICAI), through its GST & Indirect Taxes...
GST
Court Can’t Direct Extension GST Return Deadlines or Waive Interest and Penalties: Karnataka High Court
The Karnataka High Court has held that courts cannot direct GST authorities to permit...
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
Jio IPO: 10 Unique Features Every Investor Must Know Before Investing
The proposed IPO of Jio Platforms is shaping up to be one 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...
GST
ICAI Releases Revised Handbook on Finalisation of Accounts with GST Perspective [DOWNLOAD NOW]
The Institute of Chartered Accountants of India (ICAI) has released the revised edition of...
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
ICAI Releases Revised Handbook on Finalisation of Accounts with GST Perspective [DOWNLOAD NOW]
The Institute of Chartered Accountants of India (ICAI) has released the revised edition of...
GST
Court Can’t Direct Extension GST Return Deadlines or Waive Interest and Penalties: Karnataka High Court
The Karnataka High Court has held that courts cannot direct GST authorities to permit...
GST
GST Notifications Can’t Go Beyond GST Council Recommendations: Madras High Court Quashes SCN on Branded Pulses
The Madurai Bench of the Madras High Court has held that statutory notifications issued...
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
R. 6(3) Option Can’t Be Forced on Taxpayer; CESTAT Quashes Rs. 12.36 Crore CENVAT Credit Demand
The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), New Delhi, has held that the tax department cannot compel an assessee to adopt a particular option under Rule 6(3) for reversal of CENVAT credit. Setting aside a demand exceeding ₹12.36 crore, the Tribunal ruled...
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
Columns
Turnkey Solution: Optimizing GST Benefits for High-Duty Industries (Sponsored)
OverviewHow it worksKey ConsiderationsKey BenefitsSolution HighlightsContact InfoOverviewOur turnkey solution helps large industries with high...
Indirect Taxes
Extended Period Of Limitation Can’t Be Invoked In Revenue Neutral Cases: CESTAT
BackgroundArgumentsConclusionFAQsCan Extended Period Of Limitation Be Invoked In Revenue Neutral Cases?Case DetailsThe Kolkata Bench...
Notification
CBIC Notifies Amnesty Scheme Effective 1 November 2024
Sections 114 to 117 - Amnesty SchemeSections 119 to 141 - Amnesty SchemeSection 143...
Indirect Taxes
No Provision Enabling Muthoot Finance To Claim Transition Of Cess To GST Regime: Kerala High Court
BackgroundArguments By Muthoot FinanceArguments By DepartmentConclusionFAQsIs there any provison to claim transition of cess...
Indirect Taxes
CESTAT Upholds Order Forfeiting Entire Security Deposit By Customs Broker
BackgroundConclusionFAQsCan security deposit by customs broker be forfeited?Case DetailsThe Chennai Bench of Customs, Excise...
Indirect Taxes
Service Tax Proceedings To Be Completed Within One Year From Notice: Patna High Court
Background Submissions Conclusion FAQsHow much time needed to complete service tax proceedings?Case DetailsThe Patna High Court ruled...
Indirect Taxes
Zero Air/Synthetic Air Classifiable Under Chapter Heading 2804 Of CETA, 1985: CESTAT
BackgroundArgumentsConclusionFAQsWhat is the classification of Zero Air/Synthetic Air under Central Excise Tariff Act, 1985?Case...
Indirect Taxes
Relief To Sun Pharma: No Excise Duty On Waste Arising During Manufacturing Of Bulk Drugs: CESTAT
BackgroundArgumentsConclusionFAQsHow much Excise Duty On Waste Arising During Manufacturing Of Bulk Drugs is payable?Case...
Indirect Taxes
Data Retrieved From Several Computers By Officers Of DGCEI Is Not Admissible Evidence: CESTAT
BackgroundConclusion - Data Retrieved From Several Computers Not Admissible EvidenceFAQsData Retrieved From Several Computers...
Direct Tax
Supreme Court’s Decision in Abhisar Buildwell Case Not Carte Blanche Enabling Dept. To Overcome Restrictions For Reopening Assessment: Delhi High Court
BackgroundConclusionFAQsCan Income Tax Dept. Quote Supreme Court’s Decision in Abhisar Buildwell Case to overcome...
Direct Tax
Delhi High Court Quashes Income Tax Reassessment Action On Ground Of Amalgamated Entity Having Never Been Placed On Notice
Background ConclusionFAQsCan income tax reassessment action taken against Amalgamated Entity?Is reassessment order sustainable without notice?Case...
Columns
Secured Creditors Have Upper Hand Over The Property Than Govt. : Case Compilation
State Bank Of India Through Its Chief Manager, Mr. Jagdish Mohan Nakade v. State...