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Archive: 04 February 2025

Posts in 04 February 2025

Proceedings against deceased person is null and void: Karnataka HC

February 4, 2025 1098 Views 0 comment Print

Karnataka High Court held that Assessment Order and other proceedings taken up against the deceased are all null & void. Also held that proceedings initiated against deceased person by issuing notice after demise cannot be continued against the legal representative.

Budget 2025 Highlights: Tax, GST & MSME Changes Explained

February 4, 2025 5127 Views 0 comment Print

Explore key Budget 2025 changes in income tax, GST, and MSMEs, including new tax slabs, TDS changes, and more.

Credit Note is not for correction of mistake/error in invoicing under GST

February 4, 2025 7491 Views 0 comment Print

Understand GST credit notes under Section 34 of CGST Act: rules for issuing credit notes, implications for suppliers & recipients. Learn more about GST compliance.

Why the ₹12 Lakh Income Exemption Worried Some Taxpayers?

February 4, 2025 3450 Views 3 comments Print

Learn how the Marginal Relief provision in the Union Budget 2025 helps taxpayers avoid high tax payments for small income increases.

Union Budget 2025-26: Direct & Indirect Tax Highlights

February 4, 2025 3465 Views 0 comment Print

Key highlights of Union Budget 2025-26 on GST, customs, and tax reforms, including input tax credit changes, customs duty reductions, and trade facilitation measures.

Role of whistleblowing mechanisms in fostering ethical Governance

February 4, 2025 609 Views 0 comment Print

Whistleblowing fosters ethical governance by ensuring accountability. Learn key elements for an effective whistleblower policy, reporting, and oversight.

Export of De-Oiled Rice Bran Prohibited Till 30th September 2025

February 4, 2025 1113 Views 0 comment Print

The Indian government prohibits the export of de-oiled rice bran until September 30, 2025, under the revised export policy. Learn about the updated regulations.

ICAI Guidelines 2024: CA Firm & LLP Aggregation Rules

February 4, 2025 2184 Views 0 comment Print

ICAI releases 2024 guidelines for CA firm and LLP aggregation, enabling better collaboration and operational efficiency. Learn about key provisions and applicability.

IFSCA (Bullion Market) Regulations, 2025

February 4, 2025 1668 Views 0 comment Print

IFSCA releases Bullion Market Regulations 2025, setting rules for bullion exchanges, clearing corporations, depositories, and vault managers in IFSCs.

Budget 2025: Transfer Pricing Amendments

February 4, 2025 3225 Views 0 comment Print

Learn about the amendments to Section 92CA concerning references to the Transfer Pricing Officer for determining arm’s length pricing in international and domestic transactions.

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