Penalty Can’t Be Imposed on Debatable Issue Pending Before High Court: ITAT Quashes Rs. 20.56 Lakh Penalty on SIDBI

The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has quashed penalty proceedings initiated against Small Industries Development Bank of India (SIDBI) under...

Tamil Nadu Enables Virtual Hearings for GST Appeals Under Section 107, Issues Detailed Guidelines

The Tamil Nadu Commercial Taxes Department has issued a comprehensive circular enabling virtual hearings in GST appeal proceedings under Section 107 of the TNGST/CGST Act. The move is aimed at reducing logistical burdens on taxpayers and professionals while ensuring efficient adjudication.The Circular No. 3/2026...

Demand of Bribe Can Be Proved Despite Hostile Witness if Credible Evidence Exists: Supreme Court 

The Supreme Court of India has held that conviction under the Prevention of Corruption...

Unregistered Partnership Firm Can Recover Dues for Goods Supplied Without Contract: Madras High Court

The Madras High Court has held that an unregistered partnership firm can successfully recover...

Penalty Can’t Be Imposed on Debatable Issue Pending Before High Court: ITAT Quashes Rs. 20.56 Lakh Penalty on SIDBI

The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has quashed penalty proceedings...

Unsecured Loan Treated as Bogus Despite Banking Channels: ITAT 

The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has upheld the addition...

Refund Claim Time-Barred Despite Duty Reduction: CESTAT Rules Limitation Runs from First Appellate Order

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

No Double Recovery If Credit Already Reversed, Verification Ordered: CESTAT Remands EC & SHEC Refund Dispute

The Customs, Excise and Service Tax Appellate Tribunal, Chandigarh Bench has held that recovery...

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...

10 Best Cryptocurrency Apps in India with Low Fees (2026 Edition)

With cryptocurrency adoption steadily rising in India, choosing the right trading app has become...

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....

Supreme Court Steps In to Secure Decades-Old Workmen Dues in Jaipur Udyog Case, Flags Irregular Asset Sales and Invokes Article 142 Powers

The Supreme Court has addressed a decades-old industrial dispute involving workmen of Jaipur Udyog...

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...

No GST Recovery Before Appeal Period Ends: Bombay High Court

The Bombay High Court has held that recovery proceedings cannot be initiated by the...

Managing Director Eligible For Temporary GST Registration and Separate DRC-07 To Enable Appeal: Telangana High Court

The Telangana High Court has held that the Managing Director is eligible for temporary...

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

Refund Claim Time-Barred Despite Duty Reduction: CESTAT Rules Limitation Runs from First Appellate Order

The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Chennai Bench has held that a refund claim arising from an appellate relief must be filed within one year from the date of the first appellate order, and not from subsequent proceedings. The bench of P....

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

No GST Recovery Before Appeal Period Ends: Bombay High Court

The Bombay High Court has held that recovery proceedings cannot be initiated by the...

GST on Silver: Rates, HSN Codes, Calculation & Impact Explained

Before the implementation of the Goods and Services Tax (GST), the taxation system on...

Understanding Income Tax Notices: Password, Types, and Key FAQs

After successfully filing your Income Tax Return (ITR), the Income Tax Department begins processing...

ITAT Restricts Arbitrary 2% Income Estimation, Applies 0.40% GP Rate; Penalty Deleted

The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has curtailed arbitrary estimation...

Estimated Bogus Purchase Additions Can’t Attract Penalty: ITAT

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

Managing Director Eligible For Temporary GST Registration and Separate DRC-07 To Enable Appeal: Telangana High Court

The Telangana High Court has held that the Managing Director is eligible for temporary...

CBDT Circular on Delay Condonation Applies to All Years, Not Just Specified AY: Delhi High Court 

The Delhi High Court has held that beneficial circulars issued by the Central Board...

Appeal Remedy Must Be Exhausted Before Invoking Writ Jurisdiction: Delhi High Court Refuses to Interfere in GST ITC Demand 

The Delhi High Court while refusing to interfere in the Input Tax Credit (ITC)...

JURISHOUR | TAX LAW DAILY BULLETIN : APRIL 14, 2026

Here’s the Tax Law Daily Bulletin for April 14, 2026.GSTGST RETURNS STRENGTHENED WITH TECH-DRIVEN...

EXCISE DUTY | 10% Penalty Valid U/s 25 Despite Interpretational Dispute And Not Fraud: CESTAT

The Customs, Excise and Service Tax Appellate Tribunal, Hyderabad Bench, has upheld the imposition...

CENVAT Credit Allowed on Business-Related Services Pre-2011; Construction Services Hit by Post-Amendment Exclusion: CESTAT

The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Hyderabad Bench, has held that...