Direct Tax
No ‘On-Money’ Addition Solely Based on Unsigned Excel Sheet Found from Third Party: ITAT
The Rajkot Bench of the Income Tax Appellate Tribunal (ITAT) has held that additions towards alleged unaccounted “on-money” payments cannot be sustained merely on...
Notification
IAS Officer Mrunmai Shashank Joshi Appointed as Deputy Secretary in Dept. of Economic Affairs
The Appointments Committee of the Cabinet (ACC) has approved the appointment of Ms. Mrunmai Shashank Joshi, IAS (Kerala Cadre: 2013) as Deputy Secretary in the Department of Economic Affairs (DEA), Ministry of Finance, under the Central Staffing Scheme.According to an Office Memorandum issued by...
Other Laws
Supreme Court Strikes Down RTI Exemption for Lokayukta Police Wing
The Supreme Court has held that the Madhya Pradesh Special Police Establishment (SPE) of...
Other Laws
Mere Failure to Deliver Flats or Repay Money By Real Estate Developer Doesn’t Constitute Cheating: Calcutta HC
The Calcutta High Court has quashed criminal proceedings initiated against a Mumbai-based real estate...
Direct Tax
No ‘On-Money’ Addition Solely Based on Unsigned Excel Sheet Found from Third Party: ITAT
The Rajkot Bench of the Income Tax Appellate Tribunal (ITAT) has held that additions...
Direct Tax
Reassessment Notice Issued Beyond ‘Surviving Time’ Limit Under TOLA Quashed: Gujarat HC
The Gujarat High Court has quashed a reassessment notice issued under Section 148 and...
Company & PMLA
Continued Incarceration Unnecessary After Examination of Key Witnesses: Supreme Court Grants Bail In PMLA Case
The Supreme Court has granted regular bail to an accused facing prosecution under the...
Other Laws
Rejection Of Election Nomination Can’t Be Challenged Through Writ Petition During Ongoing Election Process: Supreme Court
The Supreme Court has held that the rejection of an election nomination cannot be...
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...
GST
DGGI Fails To Conclusively Establish Accused’s Proprietorship Of Firm: Chhattisgarh High Court Grants Bail In Fake ITC Case
The Chhattisgarh High Court has granted regular bail to an accused arrested by the...
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
DGGI Fails To Conclusively Establish Accused’s Proprietorship Of Firm: Chhattisgarh High Court Grants Bail In Fake ITC Case
The Chhattisgarh High Court has granted regular bail to an accused arrested by the...
GST
No Right to Have Advocate Present During GST Search: MP High Court
The Madhya Pradesh High Court has held that a person subjected to search and...
GST
Only Joint/Additional Commissioner Can Decide DGGI Notices, GST Order by Assistant Commissioner Invalid: Madras HC
The Madras High Court has held that only joint/additional commissioners can decide DGGI notices;...
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
Drawback Repayment Satisfies Exemption Conditions : CESTAT Quashes Rs. 45.82 Crore Customs Demand on Re-imported Export Goods
The Mumbai Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has set aside a customs duty demand of ₹45.82 crore, along with redemption fine and penalties, holding that re-imported goods are entitled to customs duty exemption where the exporter has repaid...
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
No ‘On-Money’ Addition Solely Based on Unsigned Excel Sheet Found from Third Party: ITAT
The Rajkot Bench of the Income Tax Appellate Tribunal (ITAT) has held that additions...
Direct Tax
Reassessment Notice Issued Beyond ‘Surviving Time’ Limit Under TOLA Quashed: Gujarat HC
The Gujarat High Court has quashed a reassessment notice issued under Section 148 and...
GST
DGGI Fails To Conclusively Establish Accused’s Proprietorship Of Firm: Chhattisgarh High Court Grants Bail In Fake ITC Case
The Chhattisgarh High Court has granted regular bail to an accused arrested by the...
GST
No Right to Have Advocate Present During GST Search: MP High Court
The Madhya Pradesh High Court has held that a person subjected to search and...
Company & PMLA
Continued Incarceration Unnecessary After Examination of Key Witnesses: Supreme Court Grants Bail In PMLA Case
The Supreme Court has granted regular bail to an accused facing prosecution under the...
Other Laws
Rejection Of Election Nomination Can’t Be Challenged Through Writ Petition During Ongoing Election Process: Supreme Court
The Supreme Court has held that the rejection of an election nomination cannot be...
Company & PMLA
Karnataka HC Declares ED Arrest of GamesKraft Founders Illegal, Orders Immediate Release from Jail
The Karnataka High Court declared the arrest of three founders of gaming platform GamesKraft—Vikas...
Other Laws
Candidates Can’t Be Denied Government Jobs Due to Delay in Workshop Approval Renewals: Supreme Court
The Supreme Court has held that the candidates cannot be denied government jobs due...
Other Laws
Supreme Court Strikes Down RTI Exemption for Lokayukta Police Wing
The Supreme Court has held that the Madhya Pradesh Special Police Establishment (SPE) of...
Direct Tax
Wrong Selection of S. 10(23C) Instead of S. 12AB Requires Fresh Examination Under CBDT Circular: Kerala High Court
The Kerala High Court has held that the wrong selection of section 10(23c) instead...
Direct Tax
Pre-29 March 2022 Faceless Reassessment Orders Valid: ITAT
The Bangalore Bench of the Income Tax Appellate Tribunal (ITAT) had upheld the validity...
Direct Tax
Gains from Strategic Investments and Venture Capital Funds Taxable as Capital Gains, Not Business Income: ITAT
The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) has held that gains...