Indirect Taxes
Suspended Public Notice Cannot Support DFIA Duty Demand: Madras High Court Quashes Customs Seizure of Wheat Gluten
The Madras High Court has quashed a customs seizure memo issued against an importer of Vital Wheat Gluten, holding that the Directorate of Revenue...
Notification
CBIC Revises Customs Tariff Values for Edible Oils, Gold, Silver, Brass Scrap and Areca Nuts; New Rates Effective August 15
The Central Board of Indirect Taxes and Customs (CBIC) has revised the tariff values applicable to a range of imported commodities, including crude and refined palm oils, palmolein, crude soybean oil, brass scrap, gold, silver and areca nuts.CategoryRevised tariff valueCrude Palm OilUS$ 1,208/MTRBD Palm...
Other Laws
Appellate Court Can’t Remand Criminal Appeal Merely for Re-Appreciation of Evidence; Must Decide Appeal on Merits: Rajasthan High Court
The Rajasthan High Court has held that an appellate court cannot remand a criminal...
Other Laws
CA, CS, CMA Vs Advocates: Delhi HC Asks BCI To Clarify Its Plea Restricting Non-Advocates From Appearing Before Authorities
The Delhi High Court has sought further clarity in a long-running legal dispute concerning...
Indirect Taxes
Suspended Public Notice Cannot Support DFIA Duty Demand: Madras High Court Quashes Customs Seizure of Wheat Gluten
The Madras High Court has quashed a customs seizure memo issued against an importer...
Indirect Taxes
Steamer Agent Liable for Customs Penalty Over Grossly Misdeclared Cargo: Madras High Court
The Madras High Court has held that a steamer agent who lodges the Import...
Indirect Taxes
Importer Can’t Be Penalised for Following Binding Law That Prevailed When Refund Claims Were Filed: Delhi High Court
The Delhi High Court has allowed a batch of 15 customs appeals concerning the...
Indirect Taxes
Customs Broker Can’t Undertake Clearance Work Using Another Broker’s Licence, Even With Consent: Delhi High Court
The Delhi High Court has upheld the revocation of a Customs Broker licence where...
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...
Indirect Taxes
Service Tax Paid on Floating Rigs Under Wrong Classification Refundable: Madras High Court Says Limitation Can’t Defeat Article 265
The Madras High Court has held that service tax erroneously collected on the supply...
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
Overlap Between SCGST and CGST Proceedings Must Be Examined in Appeal: Delhi High Court Declines to Quash Rs. 4.80 Crore GST Demand
The Delhi High Court has declined to exercise its writ jurisdiction to interfere with...
GST
GST Dept. Can’t Straightaway Issue DRC-01 Without First Scrutinising Bank’s Self-Assessment Returns: Madras HC
The Madurai Bench of the Madras High Court has set aside a GST demand...
GST
Strict Limits on GST Confiscation of Goods in Transit: Supreme Court Refuses To Interfere In Gujarat HC’s Ruling
The Supreme Court has declined to interfere with the Gujarat High Court’s judgment laying...
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
Suspended Public Notice Cannot Support DFIA Duty Demand: Madras High Court Quashes Customs Seizure of Wheat Gluten
The Madras High Court has quashed a customs seizure memo issued against an importer of Vital Wheat Gluten, holding that the Directorate of Revenue Intelligence (DRI) could not form the requisite “reason to believe” under Section 110 of the Customs Act, 1962 on the...
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
Whether International Transactions With Non-Korean AEs Similar To MAP Covered Korean AE: ITAT Remit Back TP Adjustment To TPO
The Income Tax Appellate Tribunal, Chennai, remitted back the Transfer Pricing adjustment to Transfer...
Direct Tax
Temple Not In Same State As It Was Prior To Demolition Is A Matter Of Genuine Hardship: Karnataka High Court Condones Delay In Filing...
The Karnataka High Court has condoned the delay in filing the return by the...
Direct Tax
Foreign Tax Credit Claim Tallied With Computation: Madras High Court Directs Income Tax Dept. To Reconsider
The Madras High Court has directed the department to reconsider the claim of Foreign...
GST
ITC Can Be Availed On Renting Motor Vehicles To Provide Transportation Facility To Ensure Women Employees’ Safety: Tamil Nadu AAR
The Tamil Nadu Authority for Advance Ruling ruled that ITC can be availed on...
GST
KNOW 5 KEY RECOMMENDATIONS OF 53rd GST COUNCIL MEET
Author: Khushi J. PrajapatiIntroduction India's Goods and Services Tax (GST) Council meets at intervals to...
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...