Columns
Section 96 of RFCTLARR Act Overrides Tax Ambiguity: CBDT Clarifies Compensation for Acquired Land Not Taxable
The tax treatment of compensation received on compulsory acquisition of land under the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and...
Notification
No Payment, No New Auditor? ICAI’s Draft Ethics Code
A proposed provision in the upcoming ICAI Code of Ethics 2026 has sparked significant discussion within the Chartered Accountancy profession. The draft provision seeks to prohibit Chartered Accountants from accepting an audit appointment where the undisputed audit fees of the previous auditor have not...
Other Laws
Married Daughters Eligible for Fair Price Shop Allotment: Supreme Court
The Supreme Court has held that a married daughter cannot be denied allotment of...
Other Laws
Limitation to Challenge Arbitral Award Starts After Disposal of S. 33 Application, Supreme Court Restores NHAI’s Challenge
The Supreme Court has held that where a party has formally invoked the arbitral...
Columns
Section 96 of RFCTLARR Act Overrides Tax Ambiguity: CBDT Clarifies Compensation for Acquired Land Not Taxable
The tax treatment of compensation received on compulsory acquisition of land under the Right...
Notification
President Promulgates Income Tax Amendment Ordinance, 2026; Exempts FIIs and BIS from G-Sec Tax Liabilities
The President of India has promulgated the Income-tax (Amendment) Ordinance, 2026 (No. 2 of...
Columns
ITR Filing 2026: Which Income Tax Return Form Is Right for You?
The Income Tax Return (ITR) filing season for Assessment Year (AY) 2026-27 has begun,...
GST
GST Dept. Can’t Recover Dues from Customers Before Final Liability Of Sellers Is Determined: Madras High Court
The Madras High Court has ruled that communications issued by the GST department to...
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...
Other Laws
SEBI Probes Rajesh Exports Over Revenue Misrepresentation; Company Denies Allegations
Rajesh Exports Ltd., one of India's best-known gold refining and jewellery manufacturing companies and...
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
GST Dept. Can’t Recover Dues from Customers Before Final Liability Of Sellers Is Determined: Madras High Court
The Madras High Court has ruled that communications issued by the GST department to...
GST
No GST Exemption On Annuity Paid For Road Construction: Meghalaya High Court
The Meghalaya High Court has held that Entry 23A of the exemption notification does...
GST
Mere Uploading Of GST Order On Portal Is Not “Valid” Service: Tripura HC
The Tripura High Court has held that mere uploading of an adjudication order on...
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
Customs Can’t Reject Declared Value of Used Garments Without Proof of Undervaluation: CESTAT
The Chennai Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has held that the Customs Department could not reject the declared transaction value of imported used garments without proof of undervaluation merely on the basis of alleged contemporaneous import data without...
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
Transportation And Distribution Of Newspapers Doesn’t Constitute Taxable ‘Cargo Handling Service’: CESTAT
The New Delhi Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT)...
Notification
No Cash Fee For Audit Firms, Just Digital Payments: ICAI
A provision in the proposed ICAI Code of Ethics 2026 has triggered widespread discussion...
Direct Tax
CBI Apprehends Income Tax Superintendent In Bhadrak, Odisha In A Bribery Case
The Central Bureau of Investigation (CBI) has apprehended Office Superintendent, Income Tax Office, Bhadrak,...
Notification
India Extends Countervailing Duty on Malaysian Solar Glass for 5 More Years to Protect Domestic Industry
The Ministry of Finance has extended the countervailing duty (CVD) on imports of textured...
Columns
From Kuwaiti Dinar to US Dollar: Where Does the Indian Rupee Stand in Global Currency Race?
Currencies are a reflection of a country's economic strength, monetary policy, trade balance, inflation...
Indirect Taxes
Agricultural Activities Can’t Be Artificially Taxed Under Multiple Service Categories: CESTAT
The Chennai Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has...
Indirect Taxes
Customs Can’t Reject Thailand Certificate of Origin or Recalculate Value Addition Without Following FTA Verification Procedure: CESTAT
The Chennai Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has...
Indirect Taxes
Customs Broker Licence Can’t Be Revoked Without Proof of Deliberate Collusion in Drawback Fraud: CESTAT
The Chennai Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has...
Indirect Taxes
Sub-Contractor Not Liable for GTA Service Tax When Principal Contractor Already Paid Service Tax: CESTAT
The Chennai Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has...
Indirect Taxes
Abetment Charge Can’t Survive Without Identifying Actual Importer: CESTAT
The Chennai Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has...
Indirect Taxes
Customs Brokers Can’t Be Penalised When Importer Cleared of Mala Fide Intent: CESTAT
The Chennai Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has...
Indirect Taxes
Hotel Operator Entitled to Abatement Despite Availing CENVAT Credit on Common Services: CESTAT
The Chennai Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) held...