JURISHOUR | TAX LAW DAILY BULLETIN : 27 July, 2026

Here’s the Tax Law Daily Bulletin for July 27, 2026.GSTDEPB Licences Are ‘Goods’ but Not Eligible ITC Under TNVAT: Madras High CourtGST Dept. Can’t...

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...

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 Motor Accident Compensation Without Proven Link Between Death and Use of Vehicle: Supreme Court

The Supreme Court has held that compensation under the Motor Vehicles Act cannot be...

JURISHOUR | TAX LAW DAILY BULLETIN : 27 July, 2026

Here’s the Tax Law Daily Bulletin for July 27, 2026.GSTDEPB Licences Are ‘Goods’ but...

IBC Moratorium Doesn’t Shield Directors from Consumer Proceedings: Supreme Court Revives Homebuyers’ Complaint

The Supreme Court has clarified that the moratorium imposed under Section 14 of the...

Courts Can’t Ignore S. 45 Twin Conditions in Money Laundering Cases: Calcutta High Court Cancels PMLA Bail

The Calcutta High Court has cancelled the regular bail granted to an accused in...

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...

Courts Can’t Impose Impractical Conditions That Frustrate Investigation: Supreme Court Relaxes Police Custody Restrictions

The Supreme Court has held that while safeguards against custodial abuse are essential, courts...

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)...

DEPB Licences Are ‘Goods’ but Not Eligible ITC Under TNVAT: Madras High Court

The Madras High Court has reaffirmed that while Duty Entitlement Passbook (DEPB) licences qualify...

GST Dept. Can’t Attach Bank Accounts of Independent Firms to Recover Another Company’s Tax Dues: Madras High Court

The Madras High Court has held that the GST Department cannot invoke recovery provisions...

Arrest Can’t Be Routine Without Need for Custodial Interrogation: Telangana High Court Grants Anticipatory Bail in Rs. 95 Crore Fake ITC Case

The Telangana High Court has reiterated that the power to arrest under the Central...

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

Revenue Neutrality Must Be Proven with Evidence, Not Assumptions: Madras High Court Restores Rs. 20.37 Crore Excise Demand

The Madras High Court has held that an assessee cannot escape excise duty merely by claiming that the transaction was revenue neutral without substantiating the availability of CENVAT credit. Setting aside the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) order, the Court restored...

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

No GST Exemption On mutual beneficial schemes Provided By Indian Medical Association To Its Members: Kerala High Court

The Kerala High Court has held that no Goods and Service Tax (GST) exemption...

State Is Obligated To Grant Foreign Tax Credit To Taxpayer: Sweden Supreme Court

The Sweden Supreme Court found that the provisions for the respective payments from the...

Import Of Gold Fall In The Category Of  “Prohibited Goods”: Delhi High Court

The Delhi High Court in its recent ruling held that the import of gold...

Dept. Can’t File Appeal Before CESTAT Of The Monetary Limit Below Rs. 50 lakhs: CESTAT

The Customs, Excise And Service Tax Appellate Tribunal, Chandigarh, ruled that the department can't...

“Indian Economy in Pre-GST and Post-GST Era”

This Article is written by Rifat Alam, she is Pursuing her BA.LLB Honours from...

IMPACT OF INSOLVENCY AND BANKRUPTCY CODE (IBC) ON MSMEs IN 2026

As India moves into 2026, the Insolvency and Bankruptcy Code (IBC) is entering a...

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...

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...

Adjudicating Authority Empowered To Examine Entitlement Of Fee And Expenses: NCLAT

The National Company Law Appellate Tribunal (NCLAT), Delhi, ruled that adjudicating authority is empowered...

Subsidiary Assets Can’t Be Included In Holding Company’s Resolution Plan Under IBC: Supreme Court

The Supreme Court ruled that the subsidiary assets can't be included in the holding...

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...