Vendor Non-Response Alone Can’t Justify Denial of Business Expenditure: ITAT Remands Rs. 40.63 Crore Expense Disallowance

The Chennai Bench of the Income Tax Appellate Tribunal (ITAT) has held that the mere non-response of vendors to notices issued under Section 133(6)...

CBDT Expands Definition of ‘Specified Fund’ Under Income-tax Rules, Brings More Investment Funds Within Tax Framework

The Central Board of Direct Taxes (CBDT) has notified the Income-tax (Second Amendment) Rules, 2026, widening the scope of the term "specified fund" under the Income-tax Rules, 2026. The amendment is aimed at aligning the Income-tax Rules with the provisions of the Income-tax Act, 2025...

Can Police Charge Banks for Assisting SARFAESI Asset Recovery? Rajasthan High Court Examines Legal Validity

The Rajasthan High Court has taken up an important legal challenge concerning whether the...

CBI Files 17,000 Page Chargesheet Against Rajesh Bothra Over Alleged Fake Bills of Lading in Rotomac Bank Fraud Case

The Central Bureau of Investigation (CBI) has filed a 17,000-page supplementary chargesheet against Rajesh...

Vendor Non-Response Alone Can’t Justify Denial of Business Expenditure: ITAT Remands Rs. 40.63 Crore Expense Disallowance

The Chennai Bench of the Income Tax Appellate Tribunal (ITAT) has held that the...

CBDT Circular Denying Tax Relief to Judges Under New Tax Regime Questioned: Delhi HC Stays Processing of Judges’ ITRs

The Delhi High Court has prima facie held that statutory allowances granted to High...

650 Lawyers Condemn Police Action on Student Protest; SCBA Seeks Time-Bound Inquiry, Supreme Court Declines Urgent Hearing

More than 650 lawyers, including several senior advocates, have condemned the police action against...

Can GST Authorities Club Notices for 4 Financial Years? Rajasthan High Court Seeks Response

The Rajasthan High Court has issued notice on a writ petition challenging multiple GST...

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...

Forex Hedging Gains on Cancellation of Forward Contracts Are Capital Gains, Not ‘Income From Other Sources’: ITAT

The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has held that gains...

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)...

Can GST Authorities Club Notices for 4 Financial Years? Rajasthan High Court Seeks Response

The Rajasthan High Court has issued notice on a writ petition challenging multiple GST...

Interim Relief Granted Against GST Demand on RIICO Land Conversion Premium: Rajasthan High Court

The Rajasthan High Court has granted interim relief to a company challenging the levy...

GST Registration Revived Despite Time-Barred Appeal, Subject to Full Tax Payment: Himachal Pradesh HC

The Himachal Pradesh High Court has directed the revival of a government contractor's 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

Parts Must Be Classified With Parent Printers: Customs Dept. Drops ₹23.63 Lakh Duty Demand on Inkjet Printheads [READ ORDER]

Mumbai Customs has dropped a customs duty demand of ₹23.63 lakh against M/s. Mehta Hitech Industries Limited (formerly Mehta Cad Cam Systems Pvt. Ltd.), holding that imported inkjet printheads used exclusively in the manufacture of inkjet printers capable of connecting to automatic data processing...

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

Failure to Issue Mandatory ASMT-10 Notice Vitiates GST Proceedings: Rajasthan High Court

The Rajasthan High Court has set aside a GST demand of ₹2.15 lakh against...

GSTAT Admits Appeal in Alleged Fake ITC Case Involving Multi-State Registrations, Seeks Department’s Reply

The Goods and Services Tax Appellate Tribunal (GSTAT), Hyderabad Bench, has admitted an appeal...

Printing Manufacturer’s Name on Packaging for Statutory Compliance Is Not Branding, GST Exemption Can’t Be Denied: GSTAT

The Goods and Services Tax Appellate Tribunal (GSTAT), Thane Bench, has dismissed the department's...

GST on Diagnostic Services Must First Be Decided by AAR, Not High Court: Delhi HC

The Delhi High Court has declined to adjudicate the dispute over whether diagnostic services...

JURISHOUR | TAX LAW DAILY BULLETIN : 22 JULY, 2026

Here’s the Tax Law Daily Bulletin for July 22, 2026.GSTSUPREME COURT ISSUES NOTICE IN...

Parts Must Be Classified With Parent Printers: Customs Dept. Drops ₹23.63 Lakh Duty Demand on Inkjet Printheads [READ ORDER]

Mumbai Customs has dropped a customs duty demand of ₹23.63 lakh against M/s. Mehta...

Appeal Filed Within 21 Days Must Be Heard Without Limitation Objection: Gauhati High Court Extends Interim Protection in GST Dispute

The Gauhati High Court has granted further interim protection in a GST dispute involving...

GSTAT Special Bench to Decide Whether Delay Beyond S. 107 Time Limit Can Be Condoned

The Special Bench of the Goods and Services Tax Appellate Tribunal (GSTAT) has decided...

Portal Upload Alone Is Not Valid Service of Notice: Patna High Court Quashes GST Registration Cancellation

The Patna High Court has set aside an order cancelling a taxpayer's GST registration,...

Can’t Challenge GST Demand After Giving Undertaking, Post-Dated Cheques: Patna High Court

The Patna High Court has held that a taxpayer who had furnished an undertaking...

GST Registration Cancellation Can’t Be Cancelled Without Personal Hearing: Patna High Court 

The Patna High Court has held that GST authorities cannot cancel a taxpayer's registration...

Mere Upload of GST Notice on Portal Not Valid Service, Appeal Limitation Won’t Start: Punjab & Haryana High Court

The Punjab and Haryana High Court has delivered a significant ruling in favour of...