Scrap Value Generated During Manufacturing Can’t Be Added To Assessable Value Of Finished Goods: CESTAT

The Bangalore Bench of Customs, Excise and Service Tax Appellant Tribunal (CESTAT) has held that scrap value generated during manufacturing cannot be added to...

DGFT Operationalises Inter-Ministerial Group for Supply Chain Resilience Amid West Asia Conflict

The Directorate General of Foreign Trade (DGFT) has operationalised an inter-ministerial group for supply chain resilience amid West Asia conflict.In pursuance of the decision taken in the meeting held on March 02, 2026 under the Chairmanship of Special Secretary, Department of Commerce & DG,...

Forfeiture of Security Deposit Without Show-Cause Notice Violates Natural Justice: Himachal Pradesh High Court

The Himachal Pradesh High Court has quashed the forfeiture of ₹15.67 lakh from a...

Delhi High Court Revives Disciplinary Proceedings Against IRS Officer Sameer Wankhede

The Delhi High Court on Friday set aside a January 2026 order of the...

Scrap Value Generated During Manufacturing Can’t Be Added To Assessable Value Of Finished Goods: CESTAT

The Bangalore Bench of Customs, Excise and Service Tax Appellant Tribunal (CESTAT) has held...

Tea Blending, Packing Services Exempted From Service Tax As ‘Agricultural Produce’: CESTAT

The Bangalore Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has...

Documentary Evidence Overrides ‘Human Probabilities’ in Rs. 27.20 Crore Purchase Dispute: ITAT

The Delhi Bench of Income Tax Appellate Tribunal (ITAT) has held that documentary evidence...

ITAT Quashes Search Assessments Over Mechanical S. 153D Approval for Each AY

The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has quashed assessments framed...

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...

RBI Tightens Bank Lending Norms for Stock Brokers

In a major regulatory move, the Reserve Bank of India (RBI) has unveiled a...

How Much Silver Can You Keep at Home Without Tax in India?

Silver has traditionally held both cultural and investment value in India. From household utensils...

Investments Made Beyond ITR Due Date: ITAT Allows S. 54 Exemption for Investment in Multiple Residential Properties 

The Delhi Bench of Income Tax Appellate Tribunal (ITAT) has held that for assessment...

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...

Rs. 27 Crore GST Demand Against Dell Stayed Over Alleged Jurisdictional Error: Allahabad High Court  

The Allahabad High Court stayed the operation of a GST demand order issued against...

GST Payable Over and Above Tender Amount: Kerala High Court Quashes Recovery From Contractor

The Kerala High Court has held that GST is payable over and above the...

CGST Assistant Commissioner Cited Judgements With Judge’s Names In Affidavit: Allahabad HC Reprimands Officer

The Allahabad High Court has reprimanded the CGST Assistant Commissioner for citing judgements with...

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

Scrap Value Generated During Manufacturing Can’t Be Added To Assessable Value Of Finished Goods: CESTAT

The Bangalore Bench of Customs, Excise and Service Tax Appellant Tribunal (CESTAT) has held that scrap value generated during manufacturing cannot be added to the assessable value of finished goods.The bench of P.A. Augustian (Judicial Member) and R. Bhagya Devi (Technical Member) has observed...

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...

EU and India Finalise Historic Free Trade Agreement, Creating One of the World’s Largest Trade Zones

In a landmark development for global trade, the European Union and India have concluded...

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

ICAI’s Disciplinary Action Confirmed; Delhi HC Upholds 3 Month Removal of CA for Audit Lapses

The Delhi High Court has affirmed the disciplinary action taken by the Council of...

Live Telecast Fees Are Not “Royalty”: Delhi HC Dismisses Tax Appeal Against Sri Lanka Cricket

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

ITC on Firefighting & Public Health Systems Blocked: Tamil Nadu AAAR Upholds Denial Under Section 17(5) for Factory Expansion

The Tamil Nadu Appellate Authority for Advance Ruling (AAAR) has upheld the denial of...

Onerous Bank Guarantee for Provisional Release Unsustainable, Scales Down Customs Conditions in Fabric Import Dispute: CESTAT

The Chandigarh Bench of Customs, Excise and Service Tax Appellate Tribunal (CESTAT), has partly...

SET Findings Can’t Be Used in Departmental Action: CAT Quashes Disciplinary Charge Against Sameer Wankhede

The Central Administrative Tribunal (CAT), Principal Bench, New Delhi, has quashed the disciplinary charge...

Rajasthan High Court Quashes Mass Disqualification of Directors, Orders Reactivation of DINs

The Rajasthan High Court has set aside orders passed by the Registrar of Companies...

Supreme Court Quashes HC’s Direction to CBDT to Modify Income Tax Software for TDS Demands

The Supreme Court has clarified the limits of judicial intervention in tax administration by...

INCOME TAX | ICAI Releases 6th Edition of ‘Technical Guide on Expatriates Taxation’

In a significant development for tax professionals and multinational employers, the Institute of Chartered...

Supreme Court Directs Expeditious Hearing in Domestic Violence Case Involving Raja Bhaiya

The Supreme Court  disposed of a petition filed by Ms. Bhanvi Kumari Singh, wife...

DGFT Can’t Curtail Export Incentives by “Clarificatory” Circular: Delhi HC

The Delhi High Court has dismissed a batch of appeals filed by the Directorate...

CESTAT Remands Customs Refund Claim Where Duty Was Paid Twice Due to Container Off-Loading at Different Port

The Mumbai Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has...

Mere Non-Reflection Of Income In ST-3 Doesn’t Amount To Deliberate Suppression, Limitation Period Can’t Be Invoked: CESTAT

The Mumbai Bench of Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has held...