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 of Section 12AB of the Income Tax Act, 1961 requires...
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
Recruitment Rule Violation Alone Can’t Void Appointments If Employees Are Not at Fault: Supreme Court
The Supreme Court has held that a violation of a recruitment rule does not...
Other Laws
Property Rights Can’t Be Denied on Technical Plea of Constructive Res Judicata: Supreme Court
The Supreme Court has held that the property rights can’t be denied on technical...
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...
Notification
Haryana SGST Dept. Revised Monetary Limit for Proper officers
The Excise and Taxation Department, Haryana has revised the monetary limits for adjudication and...
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...
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...
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...
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
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;...
GST
Non-Maintenance of Job Work Records Can Trigger GST Demand U/s 74: Madras High Court
The Madras High Court has held that the non-maintenance of job work records can...
GST
Under-Declaration of Turnover Justifies Action U/S 74: Madras High Court Upholds GST Demands Based on Seigniorage Fee Data
The Madras High Court has upheld GST demand orders issued against a mining contractor...
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
Indirect Taxes
Appeal Can’t Be Dismissed as Time-Barred When Order Was Not Properly Served: CESTAT
The New Delhi Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT)...
Columns
U.S. and Iran Sign Preliminary Peace Deal
The United States and Iran have signed a preliminary peace agreement aimed at halting...
Indirect Taxes
Mere Road Transport Without Consignment Note Not Taxable as GTA: CESTAT
The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), New Delhi has held that...
Notification
FinMin Hikes Export Duty on Diesel and ATF from 16 June 2026
The Central Government has increased the Special Additional Excise Duty (SAED) on exports of...
Case Compilation
JURISHOUR | TAX LAW DAILY BULLETIN : 15 June, 2026
Here’s the Tax Law Daily Bulletin for June 15, 2026.GSTGST DEPT. PRIMA FACIE HELD...
Columns
US-Iran War Ends | Strait of Hormuz Reopenes
A major diplomatic breakthrough may be on the horizon as U.S. President Donald Trump...
Indirect Taxes
Ownership Not a Condition for CENVAT Credit on Capital Goods: CESTAT
The Hyderabad Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has...
Indirect Taxes
CENVAT Credit on Leadership Fee Cannot Be Denied by Artificially Splitting Composite Turnkey Contract: CESTAT
The Hyderabad Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has...
Notification
Adjudication in S. 70 Summons Cases to Be Handled by Jurisdictional Officers: MP GST Dept.
The Commissioner of Commercial Tax, Madhya Pradesh, has issued fresh directions regarding the handling...
GST
Haryana GST Dept. Directs Physical Intimation of SCNs and Demand Orders By Post Despite Portal Service
In a move aimed at improving communication with taxpayers, the Haryana Excise and Taxation...
Notification
ICAI to Declare CA Final May 2026 Results on June 18, 2026
The Institute of Chartered Accountants of India (ICAI) has officially announced that the results...
Indirect Taxes
SEZ Service Tax Refund Can’t Be Denied for Invoice Discrepancies When Services Were Used for Authorized Operations: CESTAT
The Hyderabad Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has...