Notification designates DGGI-Hq official as nodal officer under IGST Act Section 14A(3) per IT Act and Intermediary Guidelines. Effective January 6, 2025.
Government specifies IFSC units exempt from tax collection under Section 206C(1H) for eligible purchases. Details outlined for buyers and sellers.
RBI’s Credit Information Reporting Directions 2025 standardize data reporting for financial entities, ensuring data accuracy, confidentiality, and improved credit transparency.
CBIC updates: Pension guide launched, GST evasion of ₹25 crores uncovered, and key officials retired. Insights into recent achievements and challenges.
The Environment Protection (End-of-Life Vehicles) Rules, 2025, detail vehicle recycling, centralized reporting, EPR obligations, and compliance standards starting April 1, 2025.
Before ITAT, it was submitted that it is impossible for the assessee to mention new registration number in ITR-7 as it was filed on 13.03.2022 and the same was obtained on 04.04.2022 after filing of ITR-7.
The Bombay High Court sets aside the Industrial Court’s interim relief, reinstating employer rights to transfer and discipline employees.
Assessee filed return for AY 2013-14 declaring Nil income. The case of the assessee was reopened based on information received from investigation unit that the assessee is one of the beneficiaries of accommodation entries and bogus LTCG.
In the case abovementioned ITAT remanded the matter to CIT (A) after observing that delay of 32 days was explained satisfactorily. Assessee was salaried employee and not used to the proceedings of income-tax litigation.
The Allahabad High Court ruled that workers in a statutory canteen operated by a contractor are not employees of Hindustan Aeronautics Ltd. under labor laws.
