Columns
Russian Crude Makes Up Nearly 50% of India’s Oil Imports in June
India’s dependence on Russian crude oil strengthened further in June, with imports from Russia accounting for nearly half of the country’s total crude purchases,...
Notification
DIGIT Data Entry Guidelines | CBIC Mandates Timely Reporting of Customs Offence Cases
The Central Board of Indirect Taxes and Customs (CBIC) has issued instructions laying down comprehensive revised guidelines for the recording and management of customs offence cases in the DIGIT (Directorate General of Revenue Intelligence Information Technology) platform. The new instructions supersede all earlier directions on...
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...
Other Laws
Supreme Court Upholds Municipal Corp. Commissioner’s Power to Dismiss Municipal Officers
The Supreme Court has held that the Commissioner of the Municipal Corporation is the...
Columns
Russian Crude Makes Up Nearly 50% of India’s Oil Imports in June
India’s dependence on Russian crude oil strengthened further in June, with imports from Russia...
Indirect Taxes
Customs Seizes Hydroponic Weed Worth ₹4.83 Crore at Delhi IGI Airport
The Customs officers of the Air Intelligence Unit (AIU) at Indira Gandhi International (IGI)...
Indirect Taxes
Service Tax Can’t Be Levied on Loss-Making Contracts: Gujarat High Court
The Gujarat High Court has quashed a service tax show cause notice seeking recovery...
Indirect Taxes
Service Tax Refund Can’t Be Denied as Time-Barred When Levy Itself Is Unconstitutional: Gujarat High Court
The Gujarat High Court has held that a refund claim for service tax cannot...
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
Validity of Post-GST Service Tax Proceedings Upheld: Gujarat High Court Dismisses Challenge to S. 73 SCN
The Gujarat High Court has dismissed a writ petition challenging a service tax show...
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
Validity of Post-GST Service Tax Proceedings Upheld: Gujarat High Court Dismisses Challenge to S. 73 SCN
The Gujarat High Court has dismissed a writ petition challenging a service tax show...
GST
Contractors’ Claim for Additional GST Burden Lies Against Employer, Not Dept.: Karnataka HC
The Karnataka High Court has clarified that disputes regarding reimbursement of additional GST burden...
GST
Rectified GST Refund Applications Can’t Be Rejected as Time-Barred If Original Refund Claim Was Filed Within Limitation: Gujarat HC
The Gujarat High Court has held that where an original refund application is filed...
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
Customs Seizes Hydroponic Weed Worth ₹4.83 Crore at Delhi IGI Airport
The Customs officers of the Air Intelligence Unit (AIU) at Indira Gandhi International (IGI) Airport, New Delhi, seized 13.84 kilograms of Hydroponic Weed (Ganja) valued at approximately ₹4.83 crore from an Indian passenger arriving from Bangkok.According to Customs authorities, the passenger arrived at Delhi...
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
CCI
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...
CCI
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...
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...
Indirect Taxes
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...
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’...
