Mandatory 7.5% Customs Pre-Deposit Cannot Be Waived on Grounds of Financial Hardship: Rajasthan High Court

The Rajasthan High Court has reaffirmed that the mandatory pre-deposit requirement under Section 129E of the Customs Act, 1962 cannot be waived merely because...

CBDT Extends ITR Filing Deadline to August 31, 2026

The Central Board of Direct Taxes (CBDT) has extended the due date for filing Income Tax Returns (ITRs) for a specified category of taxpayers, providing significant relief to non-audit businesses and professionals. The deadline, which was set to expire on July 31, has now...

Supreme Court Upholds Stamp Duty on Anticipated Royalty, Rejects Mining Company’s Dead Rent Formula Plea

The Supreme Court has held that stamp duty on mining lease agreements must be...

Mandatory 7.5% Customs Pre-Deposit Cannot Be Waived on Grounds of Financial Hardship: Rajasthan High Court

The Rajasthan High Court has reaffirmed that the mandatory pre-deposit requirement under Section 129E...

Truck Driver Neither Vehicle Owner Nor Aware of Alleged Fake GST Invoice: Patna High Court Grants Bail

The Patna High Court has granted regular bail to a truck driver arrested in...

Customs Accused Can Be Shifted to Private Hospital During Remand if Medical Condition Warrants: Telangana HC

The Telangana High Court has directed the Customs Department to shift a judicially remanded...

Govt. Introduces Bill to Replace 125-Year-Old Bankers’ Books Evidence Law

In a significant step towards modernising India's legal framework governing banking evidence, the Central...

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...

No Effective Communication of GST Order? Rajasthan HC Allows Time-Barred Appeal

The Rajasthan High Court has held that a taxpayer should not be deprived of...

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)...

Truck Driver Neither Vehicle Owner Nor Aware of Alleged Fake GST Invoice: Patna High Court Grants Bail

The Patna High Court has granted regular bail to a truck driver arrested in...

No Effective Communication of GST Order? Rajasthan HC Allows Time-Barred Appeal

The Rajasthan High Court has held that a taxpayer should not be deprived of...

GST Dept. Can’t Reassess Undisputed Pre-GST CENVAT Credit Through TRAN-1 Proceedings: GSTAT Restores Rs. 32.80 Crore Transitional ITC 

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

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

Mandatory 7.5% Customs Pre-Deposit Cannot Be Waived on Grounds of Financial Hardship: Rajasthan High Court

The Rajasthan High Court has reaffirmed that the mandatory pre-deposit requirement under Section 129E of the Customs Act, 1962 cannot be waived merely because an appellant claims financial hardship. Holding that the discretion to grant such waivers was consciously removed by Parliament through the 2014...

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

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...

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...

Liability To Pay Customs Duty In Addition To Fine Paid To Redeem Confiscated Goods: Supreme Court

The Supreme Court ruled that there is a liability to Pay Customs Duty in...

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’...