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Archive: February, 2025

Posts in February, 2025

ICSI announces Important details for June, 2025 Examination

February 26, 2025 3084 Views 0 comment Print

ICSI announces key dates and fees for the June 2025 exams. Enrollment begins February 26, with deadlines for fee submission and exemption applications.

Comprehensive Guide to GSTIN ‘Goods and Services Tax Identification Number’

February 26, 2025 450 Views 0 comment Print

Learn about GSTIN, its structure, uses for businesses, and the provisional GSTIN. Stay informed about the GST registration process and compliance requirements.

Sovereign Gold Bonds: A Government Gamble That Turned into a Goldmine for Investors

February 26, 2025 1404 Views 0 comment Print

Explore how Sovereign Gold Bonds (SGBs) offered investors high returns while creating financial challenges for the government. Learn about their impact and future.

GST Amnesty Scheme 2025: A Guide to Relief Under Section 128A

February 26, 2025 2043 Views 0 comment Print

Indian government has introduced a taxpayer-friendly GST Amnesty Scheme under Section 128A of the CGST Act, 2017, effective from November 1, 2024. This initiative aims to reduce litigation and provide relief to businesses by waiving interest and penalties for specific disputes.

Updated Income Tax Return (ITR-U)/Belated Return u/s 139(8A): A Detailed Overview Post Budget 2025

February 26, 2025 1722 Views 0 comment Print

The Updated Income Tax Return (ITR-U) is a recent provision introduced under Section 139(8A) of the Income Tax Act, 1961. This provision gives taxpayers an opportunity to correct errors or omissions in their previously filed returns, even after the prescribed deadlines have passed.

Empanelment of Stock & Receivable Auditors with UCO Bank

February 26, 2025 77811 Views 1 comment Print

UCO Bank invites applications for empanelment of Stock & Receivables Auditors. Submit by 12.03.2025 for audits of borrower stocks and book debts.

March 2025 Tax Compliance Deadlines for Income Tax and GST

February 26, 2025 195051 Views 1 comment Print

Stay updated with key tax compliance deadlines for March 2025, covering Income Tax, GST, TDS, and more. Ensure timely filing and avoid penalties.

Section 12AB(4) lacks authority to Retrospectively cancel 12A registrations: ITAT Pune

February 26, 2025 528 Views 0 comment Print

Tribunal ruled that Section 12AB(4) does not provide powers to cancel Section 12A registrations, and the notices issued were invalid. The allegations were based on retracted statements and lacked concrete evidence. The Tribunal quashed the cancellation and restored the trust’s registration.

IBBI Penalizes IP for Not Filing Revised Creditor List with Adjudicating Authority

February 26, 2025 120 Views 0 comment Print

IBBI’s Disciplinary Committee reviews allegations against Insolvency Professional Sandeep Goel for non-compliance in CIRP cases, issuing its final order.

India Imposes 20% Countervailing Duty on Saccharin Imports

February 26, 2025 171 Views 0 comment Print

India imposes a 20% countervailing duty on saccharin imports from China for five years to prevent subsidization and protect domestic industry.

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