No Penalty for Monthly Liquor Quota Shortfall if Annual Minimum Guaranteed Quantity Is Fully Achieved: Supreme Court

The Supreme Court has held that a country liquor licensee who has fulfilled the entire Annual Minimum Guaranteed Quantity (MGQ) cannot be subjected to...

GSTAT Bar Association Seeks Urgent Procedural Clarifications on Appeal Filing, Defect Removal and Cross-Objections Before Jodhpur Bench

The newly constituted Marwar GST Appellate Tribunal Bar Association has written to the Registrar of the Goods and Services Tax Appellate Tribunal (GSTAT), Jodhpur Bench, seeking comprehensive procedural clarifications on several aspects of GST appeals. The representation comes ahead of the commencement of hearings before...

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...

PM Modi Announces Fast-Track Courts for  NEET-UG Exam Paper Leak Cases

Prime Minister Narendra Modi on Thursday announced that the Union Government will establish fast-track...

No Penalty for Monthly Liquor Quota Shortfall if Annual Minimum Guaranteed Quantity Is Fully Achieved: Supreme Court

The Supreme Court has held that a country liquor licensee who has fulfilled the...

Mere Interpretation of ‘Input Service’ Can’t Trigger Extended Limitation Under CENVAT Law: CESTAT

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

GST Recovery Before 3 Month Statutory Period Requires Justifiable Revenue Risk: Madras High Court Stays Recovery Notice

The Madras High Court has granted an interim stay on a GST recovery notice...

Punjab Roadways Not Liable for Service Tax as Manpower Supply Agency: CESTAT 

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

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...

End-Use in Motor Vehicles Can’t Override Specific Customs Tariff Classification for Differential Gears: CESTAT

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

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)...

GST on Corporate Guarantees for Pre-2023 Period Faces Judicial Scrutiny: Madras High Court Stays Demand Orders

The Madras High Court has granted interim relief to taxpayers by staying GST demand...

GST Recovery Before 3 Month Statutory Period Requires Justifiable Revenue Risk: Madras High Court Stays Recovery Notice

The Madras High Court has granted an interim stay on a GST recovery notice...

GST Dept. Can’t Rely on Prospective R. 88B Amendment to Ignore Existing Judicial Precedent: Gujarat HC

The Gujarat High Court has held that GST authorities cannot reject a taxpayer's refund...

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

Mere Interpretation of ‘Input Service’ Can’t Trigger Extended Limitation Under CENVAT Law: CESTAT

The Chennai Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has held that the extended period of limitation cannot be invoked in a dispute involving the interpretation of the definition of "input service" under the CENVAT Credit Rules, 2004. While partly upholding...

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

CESTAT Allows 57 Dept’s Appeals, Maintained Enhancement In Imported Goods Value By AO

The Customs, Excise & Service Tax Appellate Tribunal, New Delhi, allowed 57 department’s appeals...

Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver

The Central Board of Indirect Taxes and Customs (CBIC) has notified the fixation of...

Erroneous Availment Of Cenvat Credit Recoverable Only After Insertion Of Recovery Provision: CESTAT

The Customs, Excise & Service Tax Appellate Tribunal Bangalore, found that erroneous availment of...

Flood Light Is Functional Part Of Stadium, Can Be Used In World Cup As Well As One Day International Matches; CESTAT Allows Service Tax...

The Customs, Excise & Service Tax Appellate Tribunal, Chennai allowed the service tax exemption...

Operating From Area, Not Notified, Tantamount To Violation Of Section 45 Read With Section 7 And 8 Of Customs Act: CESTAT

The Customs, Excise & Service Tax Appellate Tribunal, Bangalore observed that operating from an...

Demand Cannot Be Sustained Beyond Normal Period: CESTAT

The Customs, Excise & Service Tax Appellate Tribunal Bangalore held that the demand cannot...

Remittance Made By Assessee To Foreign Subsidiary Companies Is Not Taxable In India: ITAT 

The Income Tax Appellate Tribunal, New Delhi, held that the remittance made by the...

Determination of Commission @ 2.5% on Value Which was Transferred by Book Entry is Justified: ITAT

The Income Tax Appellate Tribunal ruled that the determination of commission @ 2.5% on...

Income Tax Act Gives Powers To Valuation Officer To Get Details From Assessee In Order To Ascertain Value Of Property: ITAT

The Income Tax  Appellate Tribunal, Bangalore, Income Tax Act gives powers to the valuation...

Amount Paid In Indian Rupees Not Liable For Payment Of Any Service Tax: CESTAT 

The Customs, Excise & Service Tax Appellate Tribunal, Ahmedabad, ruled that the amount of...

ALL YOU NEED TO KNOW ABOUT THE FINANCE (No. 2) ACT, 2024

Author: Khushi J PrajapatiTHE FINANCE (No. 2) ACT, 2024 No. 15 of 2024 got...

Software License Expenditure To Be Revenue In Nature: ITAT 

The  Income Tax Appellate Tribunal Mumbai ruled that the software license expenditure on similar...