IBBI’s First Appellate Authority addresses RTI appeal concerning grievance information under Regulation 7(3). Appellant’s request partially fulfilled as per RTI Act.
ITAT Delhi held that revisionary proceedings under section 263 of the Income Tax Act would not survive since the assessment order is held to be non-est. Thus, appeal dismissed as having become infructuous.
Late Fee Waiver benefits under Amnesty Scheme cannot be denied for GSTR 9 Returns Filed before Issuance of Notification: R. T. Pharma Vs Union of India & Ors. (Himachal Pradesh High Court); CWP No. 4899 of 2024
From January 2025, reporting HSN codes in GSTR-1/1A Table 12 is mandatory. Key changes include auto-populated descriptions, dropdown selection, and bifurcated tabs.
Learn how to optimize home loan interest tax benefits for self-occupied and rented properties. Strategies include reducing capital gains tax and offsetting rental income.
Indian residents must disclose foreign assets and income in their ITRs. Learn the rules, penalties for non-compliance, and filing updates for FY 2023-24.
SCMTR formats mandatory at all Indian sea ports and ICDs from January 16, 2025. Stakeholders advised to transition for smooth compliance and avoid errors.
Draft Legal Metrology (Government Approved Test Centre) Amendment Rules, 2025 published for stakeholder comments. Submit feedback by 10th February 2025 via provided emails.
India’s dual tax regimes create complexities for taxpayers. A unified tax system blending deductions and concessional rates aims to simplify and rationalize taxation.
Learn how to file Schedules FSI, TR, and FA in Indian ITRs. Understand foreign income, tax reliefs, and asset disclosures to ensure compliance and avoid penalties.
