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Archive: 26 March 2025

Posts in 26 March 2025

Company Registrations via Central Registration Centre

March 26, 2025 2316 Views 0 comment Print

The Central Registration Centre processed 98,098 e-forms in 2025. Meerut saw 3,340 company registrations since 2016. Learn more about CRC and CPC.

Access By IT Officials To Personal Email, Social Media and Bank Accounts

March 26, 2025 8325 Views 0 comment Print

IT officials can access digital records during searches under IT Act, 1961, but personal emails and social media access is not allowed. Learn about legal provisions.

Import Duty and GST on Lifesaving Medical Devices

March 26, 2025 1911 Views 0 comment Print

Details on import duties, GST rates, and tax incentives for lifesaving medical devices in India. Learn about GST Council’s role and concessions offered by the government.

Action Against Untraceable Tax Defaulters in India

March 26, 2025 1986 Views 0 comment Print

Over ₹6.34 lakh crore in unpaid taxes linked to untraceable defaulters. Govt takes measures like asset tracking and account freezing to recover dues.

Increase In Limit For Tax Appeals By Department of Revenue

March 26, 2025 5514 Views 0 comment Print

Revenue Department raises appeal limits for ITAT, High Court, and Supreme Court, benefiting over 10,000 cases in tax and customs, reducing litigation burden.

MCA21 Portal Implementation Challenges & Improvements: Key Updates

March 26, 2025 2022 Views 0 comment Print

MCA21 portal sees 84 lakh filings in 2024-25; SMEs report technical issues. Govt enhances server capacity, grievance redressal, and user support.

Allegations of Financial Misconduct and Bribery against Corporate Entities

March 26, 2025 1098 Views 0 comment Print

 Government’s approach to addressing corporate misconduct, strengthening investor protection, and promoting financial literacy through various initiatives.

Government Promotes Voluntary Tax Compliance Measures

March 26, 2025 813 Views 0 comment Print

The updated return facility encourages voluntary tax compliance, allowing taxpayers to correct income omissions. Proposal to extend filing limit to 4 years underway.

TCS credit allowable to parent in whose hands income of minor is clubbed: ITAT Pune

March 26, 2025 759 Views 0 comment Print

ITAT Pune held that since income of minor child is clubbed in the hands of assessee, TCS collected on the same needs to be credited in the hands of assessee. Accordingly, assessee cannot be deprived from the credit of TCS. Thus, appeal allowed.

DGGI Cracks Down on Offshore Gaming Tax Evasion

March 26, 2025 1155 Views 0 comment Print

DGGI blocks 357 illegal gaming websites, freezes Rs. 126 crore across 2,400 accounts, and cautions public against offshore online money gaming platforms.

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