Tax-Practising Community Trusts Can’t Be Denied Registration for Lack of ‘Irrevocability Clause’ Under Income-tax Act: Bombay HC

The Bombay High Court has held that charitable trusts of tax-practising communities cannot be denied registration under Section 12AB of the Income-tax Act merely...

CBDT Clarifies Authority for Condonation of Delay in Form 10A Filings

The Central Board of Direct Taxes (CBDT) has clarified that the jurisdictional Principal Commissioner of Income Tax (PCIT) or Commissioner of Income Tax (CIT) are responsible for condoning delays in filing Form 10A under the provisions of the Income Tax Act, 1961.The circular...

No Right to Appointment from Unfilled Vacancy Due to Non-Joining: Supreme Court

The Supreme Court has ruled that a candidate cannot claim appointment to a government...

Relaxation in TET Doesn’t Bar Reserved Candidates from Open Category Selection Based on Merit: Supreme Court 

The Supreme Court has held that candidates belonging to reserved categories who avail relaxation...

Tax-Practising Community Trusts Can’t Be Denied Registration for Lack of ‘Irrevocability Clause’ Under Income-tax Act: Bombay HC

The Bombay High Court has held that charitable trusts of tax-practising communities cannot be...

Customs Can’t Override FSSAI Clearance: Bombay High Court Quashes Seizure of Areca Nuts 

The Bombay High Court has quashed the seizure of imported roasted areca nuts, set...

Can NBFCs Claim Tax Credit on Recovery Agents? CESTAT Says Yes

The Customs, Excise & Service Tax Appellate Tribunal (CESTAT), Chennai Bench, has ruled that...

Cost-Sharing in Joint Advertising Is Not Taxable as ‘Sponsorship Service’: CESTAT

The Chennai Bench of Customs, Excise & Service Tax Appellate Tribunal (CESTAT) has clarified...

JurisHour Exclusive Live Coverage Of Budget for FY 2026–27

Finance Minister Nirmala Sitharaman arrived at Kartavya Bhawan at the Finance Ministry on Saturday, marking a significant moment ahead of the presentation of the...

How You Can Save Up To 13% GST On Wedding Venues?

Planning a big Indian wedding often begins with locking in the venue and caterer....

RBI Tightens Bank Lending Norms for Stock Brokers

In a major regulatory move, the Reserve Bank of India (RBI) has unveiled a...

Technical Glitch Can’t Deny Tax Relief Under SVLDRS: Bombay HC

The Bombay High Court emphasized that technical glitch cannot deny tax relief under Sabka...

CCI | GST | Direct Tax

CCI Approves Acquisition Of Jaiprakash Associates By Vedanta 

The Proposed Combination envisages acquisition of Jaiprakash Associates Limited (JAL) by Vedanta Limited (Acquirer)...

CCI Dismisses Complaint Against Microsoft for Bundling Antivirus Software Microsoft Defender with Windows

The Competition Commission of India (CCI) has  dismissed the complaint Against Microsoft for Bundling...

Every IP Dispute Can’t Be Converted Into Competition Dispute: Delhi High Court

The Delhi High Court stated that every IP dispute can't be converted into a...

Whether Swiggy Can Share Confidential Data With Restaurant Association? Karnataka High Court Directs CCI To Decide Afresh

The Karnataka High Court directed Competition Commission of India to decide afresh whether swiggy...

Cost-Sharing in Joint Advertising Is Not Taxable as ‘Sponsorship Service’: CESTAT

The Chennai Bench of Customs, Excise & Service Tax Appellate Tribunal (CESTAT) has clarified...

Arrest Held Illegal for Recording ‘Reasons to Believe’ After Authorization Under CGST Act: Allahabad High Court Orders Immediate Release

The Allahabad High Court has ordered the immediate release of a GST accused, holding...

Documentary Nature of Evidence: Allahabad High Court Grants Bail in Rs. 32.66 Crore Fake ITC Fraud Case

The Allahabad High Court has granted bail to Vikas Singh, who was accused of...

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 Can’t Override FSSAI Clearance: Bombay High Court Quashes Seizure of Areca Nuts 

The Bombay High Court has quashed the seizure of imported roasted areca nuts, set aside onerous conditions imposed for their provisional release and held that the customs cannot override the Food Safety and Standards Authority of India (FSSAI) clearance.The Bench of Justice G.S. Kulkarni...

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...

JurisHour Exclusive Live Coverage Of Budget for FY 2026–27

Finance Minister Nirmala Sitharaman arrived at Kartavya Bhawan at the Finance Ministry on Saturday,...

LIVE | Gyanotsav 2026 Day 2: A Power-Packed Knowledge Marathon After a Blockbuster Opening Day

After a high-octane first day marked by back-to-back banger sessions, thought-provoking discussions and an...

Latest Articles

JAO Can’t Issue Reassessment Notice Under Faceless Regime: Rajasthan High Court

The Rajasthan High Court (Jaipur Bench) has quashed a reassessment notice issued under Section...

Madras High Court Quashes CESTAT Order Granting Provisional Release of Imported Goods for Lack of Reasons

The Madras High Court has quashed an order passed by the Customs, Excise and...

Madras High Court Revives GST Registration Cancelled for Non-Filing of Returns Due to Health Issues

The Madurai Bench of the Madras High Court has set aside the cancellation of...

GST Appeal Can’t Be Entertained Without Statutory Pre-Deposit Even if Issue Is Pending Before Supreme Court: Madras High Court

The Madurai Bench of the Madras High Court has held that the mandatory statutory...

Know India-US trade Deal Date

India and the United States have concluded a long-awaited bilateral trade deal, marking a...

Debatable MAT Loss Adjustment Can’t Be Rectified U/s 154: ITAT Quashes Rs. 40.68 Crore Demand Against Fiat India

The Pune Bench of the Income Tax Appellate Tribunal (ITAT) has quashed a Rs....

GST Can’t Be Levied on Regulatory Functions of Electricity Commissions: Karnataka High Court Quashes Rs. 13.42-Crore Demand

The Karnataka High Court has quashed a Goods and Services Tax (GST) demand of...

Delhi High Court Refuses to Declare 1959 Land Acquisition Lapsed Despite Non-Taking of Possession

The Delhi High Court has dismissed a writ petition seeking declaration of lapse of...

Budget 2026 Tightens Tax Rules for Sovereign Gold Bonds: Who Still Gets Exemption and Who Doesn’t?

The Union Budget 2026 has introduced a significant clarification in the taxation of Sovereign...

India-US trade Deal Impact on Gold

The recently concluded India-US trade agreement marks a significant reset in bilateral economic relations...

CESTAT Dismisses Dept.’s Service Tax Appeal Against Angel Broking Citing to Low Tax Effect

The Mumbai Bench Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has dismissed the...

Supreme Court To Examine Use of GST Fraud Provision Where No Taxable Supply Is Alleged

A writ petition challenging the invocation of Section 74 of the Central Goods and...