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JURISHOUR | TAX LAW DAILY BULLETIN : 25 AUGUST, 2026

Here’s the Tax Law Daily Bulletin for  August 20, 2026.GSTALLAHABAD HIGH COURT QUASHES BNS PROSECUTION OVER DELAYED GST/TDS DEPOSITGST NOTICES CAN’T BE EFFECTIVELY SERVED...

CBIC Promotes Satyajit Singh to Chief Commissioner/Director General-Level Post in 2026 Panel Year

The Central Board of Indirect Taxes and Customs (CBIC) has approved the promotion of senior customs and indirect tax officer Satyajit Singh to the grade of Chief Commissioner/Director General of Customs and Indirect Taxes (HAG+), in a significant senior-level elevation within the Central Board...

Supreme Court  Imposes Rs. 10 Lakh Costs On Reliance Industries

The Supreme Court upheld the Bombay High Court’s approach and imposed costs of ₹10...

JURISHOUR | TAX LAW DAILY BULLETIN : 25 AUGUST, 2026

Here’s the Tax Law Daily Bulletin for  August 20, 2026.GSTALLAHABAD HIGH COURT QUASHES BNS...

GSTAT Denies S. 128A Amnesty for Excess ITC Availed in December 2020 Despite Assessee’s Claim That Underlying Debit Notes Pertained to FY 2018-19

The Goods and Services Tax Appellate Tribunal (GSTAT), Bengaluru Bench, has held that the...

Madras High Court Clarifies Assessment Observations Can’t Influence Independent GST Appeal

The Madras High Court has dismissed a writ appeal filed against an order directing...

Customs Commissioner’s Empowered to Make Port Trust Liable for Duty on Pilfered Goods: Supreme Court 

The Supreme Court has held that a Port Trust approved as a custodian under...

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...

Assessment Invalid Where AO Acted Under Directions of Superior Authority: ITAT Deletes Rs. 11.12 Crore ‘On-Money’ Addition

The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has allowed an appeal...

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)...

GSTAT Denies S. 128A Amnesty for Excess ITC Availed in December 2020 Despite Assessee’s Claim That Underlying Debit Notes Pertained to FY 2018-19

The Goods and Services Tax Appellate Tribunal (GSTAT), Bengaluru Bench, has held that the...

No Pre-Deposit Where Proceedings Began Before 01.10.2025: Bombay High Court

The Bombay High Court has granted interim relief to a taxpayer on GST pre-deposit...

Madras High Court Clarifies Assessment Observations Can’t Influence Independent GST Appeal

The Madras High Court has dismissed a writ appeal filed against an order directing...

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

Customs Commissioner’s Empowered to Make Port Trust Liable for Duty on Pilfered Goods: Supreme Court 

The Supreme Court has held that a Port Trust approved as a custodian under Section 45(1) of the Customs Act, 1962 can be made statutorily liable to pay customs duty on imported goods pilfered while in its custody under Section 45(3), notwithstanding the fact...

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

CBIC Increases Monetary Limits For Filing Appeals By Dept. Before CESTAT, High Court and Supreme Court 

Applicability of Circular Notifying Monetary Limits For Filing AppealsRelevant ProvisionsFAQsWhat is the monetary limit...

Patna High Court Quashes Seizure Order Passed After Expiry Of 7 Days From Date Of Notice 

BackgroundFAQsWhat is the limitation period to pass seizure order under CGST Act?Which provision seizure...

Commissioner Not Empowered To Block ECL By Amount Exceeding Credit Available: Delhi High Court

Background Issue Raised ArgumentsRelevant Provisions ConclusionFAQsCan Commissioner block ECL?What provisions empoweres commissioner to Block ECL?Case DetailsThe...

Development Commissioner Vested With Power Only To Expand List Of Services Under SEZ; Madras High Court Stays Act Removal Of General Insurance Services

BackgroundFAQsWho can Expand List Of Services Under SEZ?Which provision empowers commissioner to Expand List...

DRP Ought To Waited Till Disposal Of Rectification Application Before Passing Final Assessment Order: Karnataka High Court

BackgroundConclusionCase DetailsThe Karnataka High Court has held that the Dispute Resolution Panel (DRP) ought...

Income Tax Reassessment | Karnataka High Court Quashes S. 148A Notice Prescribing 6 Days To Show Cause

BackgroundConclusionFAQsUnder which provision income tax reassessment can be initiated?What is the limitation for replying...

Paying Agricultural Market Committee Tax In Punjab And Cess In Andhra Pradesh On  Basmati Rice Doesn’t Amount To ‘Double Taxation’: Andhra Pradesh High Court

Background ArgumentsConclusionFAQsDoes Paying Agricultural Market Committee Tax In Punjab And Cess In Andhra Pradesh On ...

IT Hardware Import Authorizations In ‘Restricted’ Category Can Now Be Applied For Import Authorizations: DGFT

Circular DetailsThe Directorate General Of Foreign Trade (DGFT) has notified that IT Hardware Import...

Supreme Court Disposed Of 573 Direct Tax Cases Where Tax Effect Is Less Than Rs. 5 Crore

Direct TaxIndirect TaxesConclusionThe Supreme Court today disposed off 573 direct tax cases where the...

BREAKING | GST Return Data Will Not Be Available To View Beyond 7 Years: GSTN

Advisory DetailsThe Goods and Service Tax Network (GSTN) has notified the archival of Goods...

Non-Renewal Of FDs Arising Out Of Seized Cash Is Negligence Of GST Officers, Commissioner To Recover Interest From Salary: Bombay High Court

BackgroundArguments FAQsWhat are the consequences of Non-Renewal Of FDs Arising Out Of Seized Cash due...

No Service Tax Payable On Transportation Of Passengers By Ropeway: CESTAT

BackgroundConclusion FAQsWhat is the rate of Service Tax On Transportation Of Passengers?Case DetailsThe Kolkata...