Direct Tax
S. 54F Exemption on All 50 Flats Received Under JDA: ITAT
In a significant ruling on capital gains taxation arising from Joint Development Agreements (JDAs), the Hyderabad Bench of the Income Tax Appellate Tribunal (ITAT)...
Notification
Will Revised Excise Duty Rates Impact Fuel Pricing from 1 June 2026? FinMin Notification
The Ministry of Finance has revised excise duty rates on specified petroleum products through two fresh notifications issued by the Ministry of Finance. The Government has changed the extra excise duty on export of fuel products. From June 1, 2026, exporters will pay: ₹1.5 per...
Other Laws
Supreme Court Quashes Removal of Tirupati Mutt Mahant
The Supreme Court has set aside the removal of the Mahant (Mathadhipati) of Sri...
Other Laws
Rs. 11 Lakh Compensation for Illegal Detention After Parole Order: Supreme Court
The Supreme Court has held that a prisoner cannot be kept behind bars after...
Direct Tax
S. 54F Exemption on All 50 Flats Received Under JDA: ITAT
In a significant ruling on capital gains taxation arising from Joint Development Agreements (JDAs),...
Indirect Taxes
Can Service Tax Be Levied on Villas in Gated Community Merely Because They Share Common Amenities? CESTAT Says No
The Chennai Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has...
Direct Tax
Can Income Tax Dept. Reopen Assessment Through Rectification After Granting Immunity U/S 270AA? ITAT Says No
The Income Tax Act, the Mumbai Bench of the Income Tax Appellate Tribunal (ITAT)...
Direct Tax
LTCG Deduction Be Denied Merely Because Sale Deed Was Registered After 2 Years? ITAT Says No
The Bangalore Bench of the Income Tax Appellate Tribunal (ITAT) has held that Long...
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, marking a significant moment ahead of the presentation of the...
Money Hacks
Jewellery Stocks Rally as Govt. Cuts Gold, Silver Import Prices
Shares of jewellery companies witnessed a strong rally after the Centre reduced the base...
Money Hacks
Top 10 Cashback UPI Apps in India (2026)
India’s Unified Payments Interface (UPI) has transformed the digital payment ecosystem by enabling instant...
Indirect Taxes
Is Service Tax Payable on Rent Earned From Commercial Shops Located Within Church Premises After July 1, 2012? CESTAT
The Bangalore Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has...
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
CCI Approves Acquisition Of Jaiprakash Associates By Vedanta
The Proposed Combination envisages acquisition of Jaiprakash Associates Limited (JAL) by Vedanta Limited (Acquirer)...
CCI
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...
CCI
Mandatory Condition Of Prima Facie Anti-Competitive Agreements, Abuse Of Dominant Position Absent, CCI Can’t Direct Investigation: Gauhati High Court
The Gauhati High Court has held that the decision of the Competition Commission of...
CCI
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...
GST
Does GST Law Bar Police from Investigating Fake ITC and Bogus Invoice Cases? Allahabad High Court Examines
The Allahabad High Court while raising a prima facie question as to whether the...
GST
GST ITC Can’t Be Denied if Return Was Filed Before Cut-Off Date U/s 16(5): Kerala High Court
The Kerala High Court has held that a taxpayer cannot be denied Input Tax...
GST
Supreme Court to Hear GST Dispute on Assignment of Leasehold Rights in July 2026
The long-running controversy surrounding the GSTability of assignment of leasehold rights is once again...
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
Can Service Tax Be Levied on Villas in Gated Community Merely Because They Share Common Amenities? CESTAT Says No
The Chennai Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has held that the construction of individual villas in a gated community does not automatically qualify as a “residential complex” liable to service tax merely because the project contains common amenities...
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
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 Updates
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
Direct Tax
S. 54F Exemption on All 50 Flats Received Under JDA: ITAT
In a significant ruling on capital gains taxation arising from Joint Development Agreements (JDAs),...
Indirect Taxes
Can Service Tax Be Levied on Villas in Gated Community Merely Because They Share Common Amenities? CESTAT Says No
The Chennai Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has...
Indirect Taxes
Is Service Tax Payable on Rent Earned From Commercial Shops Located Within Church Premises After July 1, 2012? CESTAT
The Bangalore Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has...
Direct Tax
Reassessment Notice Beyond Limitation Invalid Even After Excluding Assessee’s Reply Period: Delhi HC
The Delhi High Court has quashed a reassessment notice issued under Section 148, holding...
Direct Tax
Can Income Tax Dept. Reopen Assessment Through Rectification After Granting Immunity U/S 270AA? ITAT Says No
The Income Tax Act, the Mumbai Bench of the Income Tax Appellate Tribunal (ITAT)...
Direct Tax
LTCG Deduction Be Denied Merely Because Sale Deed Was Registered After 2 Years? ITAT Says No
The Bangalore Bench of the Income Tax Appellate Tribunal (ITAT) has held that Long...
Indirect Taxes
Can Interest Be Waived on Delayed Service Tax Payment by a Govt. Dept.? CESTAT Says No
The Allahabad Bench of the Customs, Excise & Service Tax Appellate Tribunal (CESTAT) has...
Indirect Taxes
Does Failure to Meet EPCG Export Obligation Attract Penalty If Imported Assets Are Auctioned by Banks? CESTAT Ans.
The Principal Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT), New...
Indirect Taxes
DRI Seizes Nearly 105 Kg Ganja in Bihar; Two Held in Major Anti-Narcotics Operation
In a significant crackdown on drug trafficking, the Directorate of Revenue Intelligence (DRI) has...
Columns
EPFO Pension and Form 10C: FAQs Every EPF Member Should Know
The Employees' Provident Fund Organisation (EPFO) administers one of India's largest social security schemes...
Other Laws
Can Google, Indian Kanoon and Online Publications Continue Displaying Acquitted Persons’ Records? Delhi High Court Sets Legal Test
The Delhi High Court has held that the “Right to Be Forgotten” is a...
Case Compilation
JURISHOUR | TAX LAW DAILY BULLETIN : 30 May, 2026
Here’s the Tax Law Daily Bulletin for May 30, 2026.GSTROOFTOP SOLAR SYSTEMS NOT ‘WORKS...