Case Compilation
JURISHOUR | TAX LAW DAILY BULLETIN : 30 JULY, 2026
Here’s the Tax Law Daily Bulletin for July 30, 2026.GSTGSTN ISSUES ADVISORY ON KEEPING ON HOLD THE PROPOSED E-WAY BILL ENHANCEMENTSMADRAS HIGH COURT UPHOLDS...
Notification
No Proposal to Scrap LTCG Tax on Equities for Domestic Investors: Finance Ministry
The Central Government has clarified that it is not considering any proposal to abolish Long-Term Capital Gains (LTCG) tax on equity investments for domestic retail or institutional investors during the current financial year. The clarification came in response to a question raised in the...
Other Laws
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...
Other Laws
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...
Case Compilation
JURISHOUR | TAX LAW DAILY BULLETIN : 30 JULY, 2026
Here’s the Tax Law Daily Bulletin for July 30, 2026.GSTGSTN ISSUES ADVISORY ON KEEPING...
GST
AI-Led GST Crackdown Uncovers ₹74,782 Crore Fake ITC Fraud in FY26
The Central Government has significantly intensified its technology-driven crackdown on Goods and Services Tax...
Supreme Court
Registrar Can Amend Service Rules Under Cooperative Societies Act: Supreme Court
The Supreme Court has held that the Registrar is empowered not only to frame...
Supreme Court
Insurer Not Liable Where Driver Lacked Valid Licence; Applies ‘Pay and Recover’ Principle in ₹1.08 Crore Motor Accident Claim: Supreme Court
The Supreme Court has held that an insurance company cannot be saddled with liability...
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
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...
Money Hacks
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...
Supreme Court
No Appeal Lies Against Sessions Court Conviction Reversing Acquittal; Revision Is the Only Statutory Remedy: Supreme Court
The Supreme Court has held that an accused cannot file a statutory appeal under...
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
AI-Led GST Crackdown Uncovers ₹74,782 Crore Fake ITC Fraud in FY26
The Central Government has significantly intensified its technology-driven crackdown on Goods and Services Tax...
GST
Madras High Court Stays GST Assessment and Penalty Orders Over Alleged Lack of Jurisdiction in DGGI Case
The Madras High Court has granted interim relief to a taxpayer by staying GST...
GST
GST Assessment And Recovery Against IRFC Quashed For Ignoring Reverse Charge ITC Rules: Madras High Court
The Madras High Court has set aside a GST assessment order and the consequential...
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
Sales Tax Concession Cannot Be Denied Unless Government Notification Is Expressly Rescinded: Telangana High Court
The Telangana High Court has ruled that a statutory government notification granting a concessional rate of sales tax continues to remain operative until it is expressly rescinded, and cannot be rendered ineffective merely because the relevant entry in the taxing statute has been amended. Holding...
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
Direct Tax
Black Money Act: Tax Clearance Certificate Mandatory to Fly Abroad
The Union Finance Minister Nirmala Sitharaman has recently proposed an amendment in the Income...
Direct Tax
Delhi High Court Directs Income Tax Department To Process Application For Exemption Made By NOIDA
The Delhi High Court has directed the income tax dept. to process application for...
GST
GST ITC Fraud: Supreme Court Grants Bail To Accused Looking At The Custody Period
The Supreme Court has granted the bail to the accused involved in GST ITC...
Company & PMLA
Calcutta High Court Constituted Committee To Look Into Claim Raised By Investors Of Company Under IBC; Patna High Court Refuses To Entertain Appeal
The Patna High has held that the Calcutta High Court constituted a committee to...
Columns
JURIS HOUR’S ANALYSIS OF KEY POINTERS ON FINANCE BILL 2024
Author: Khushi J. PrajapatiINTRODUCTIONThe Finance Minister Nirmala Sitharaman has presented her seventh straight budget...
Indirect Taxes
Excise Policy Scam: Supreme Court Grants Interim Bail To Delhi CM Arvind Kejriwal In The Money Laundering Case
The Supreme Court has granted interim bail to Delhi CM Arvind Kejriwal in the...
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...
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...
GST
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...
International Taxation
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...
Indirect Taxes
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...
Indirect Taxes
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...