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Archive: February, 2025

Posts in February, 2025

Business Losses: Convert Company to LLP Before 31st March 2025 for Tax Benefits

February 7, 2025 2019 Views 0 comment Print

Convert your company into an LLP before 31st March 2025 to carry forward business losses for 8 years. Act now before the tax benefit is reduced from April 2025.

Union Budget 2025: Key Tax Reforms and Highlights

February 7, 2025 2046 Views 0 comment Print

Union Budget 2025 introduces tax reforms, including zero tax up to ₹12 lakh income, reduced TDS/TCS compliance, and exemptions on life-saving drugs and EV components.

CBI Files Case Against 3 Tax Officials, 5 CAs for Sabotaging Faceless Tax Scheme

February 7, 2025 13962 Views 0 comment Print

CBI registers case against 9, including Deputy Commissioner, 2 Inspectors, and 5 CAs, for sabotaging Faceless Tax Scheme; searches in 18 locations across India.

Export of Broken Rice to Senegal via NOEL Extended till 28th Feb 2025

February 7, 2025 261 Views 0 comment Print

DGFT extends the export deadline for Broken Rice to Senegal through NCEL by 1 month to 28th February 2025, per Notification No. 57/2024-25.

Tax Implications for NRIs Selling Property in India

February 7, 2025 4878 Views 3 comments Print

Learn about the tax implications for NRIs selling property in India, including capital gains, TDS, exemptions, and repatriation of proceeds.

Analysis of Changes proposed in TDS/TCS Provisions in Budget-2025

February 6, 2025 4584 Views 0 comment Print

Explore proposed Budget 2025 changes in TDS/TCS provisions, including revised thresholds and rates. Learn how these amendments aim to simplify tax compliance.

अधिवक्ता संरक्षण अधिनियम की आवश्यकता?

February 6, 2025 588 Views 0 comment Print

भारत में वकीलों के खिलाफ बढ़ते हमलों के कारण अधिवक्ता सुरक्षा अधिनियम की आवश्यकता है। यह कानून न्याय की सुरक्षा और कानून के शासन के लिए आवश्यक है।

ITAT Remands Appeal to CIT (E) for Reconsideration of 80G Registration in Light of Pending Section 12A Application

February 6, 2025 402 Views 0 comment Print

ITAT Chandigarh remands the appeal regarding the rejection of registration u/s 80G to CIT for fresh consideration along with pending 12A registration.

Andhra Pradesh HC Quashes GST DRC-07 Order Lacking DIN

February 6, 2025 504 Views 0 comment Print

Andhra Pradesh High Court quashes GST DRC-07 order for missing DIN. Fresh assessment allowed with DIN compliance.

Orissa HC allows GST registration cancellation revocation subject to payment of Dues

February 6, 2025 195 Views 0 comment Print

Orissa High Court condones delay in invoking Rule 23 for GST registration revocation, subject to payment of tax, penalties, and compliance.

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