Notification No. 22/2025-Customs modifies import duty rates for specified goods under Notification No. 25/2021. Effective from 28th March 2025.
Finance Ministry amends Customs Notification 22/2022, effective April 1, 2025, through Notification 21/2025, altering Table I.
Explore challenges in GST appeal processes, including procedural gaps, misuse of Section 74, and system inefficiencies. Learn why reforms and deadline extensions are crucial.
Govt approves Rs.22,919 crore scheme to boost electronics component manufacturing. Aims to attract Rs.59,350 crore investment & generate 91,600 jobs.
SEBI proposes uniform expiry days for equity derivatives to reduce risk and ensure market stability. Public comments invited until April 17, 2025.
Explore the latest GST changes for hotels and restaurants effective April 2025, including revised definitions, compliance, declarations, and updated tax rates.
ITAT Pune remands Dnyanagan Education Society’s case for fresh consideration after the rejection of its Section 12AB registration due to procedural lapses and short response time.
Bombay High Court held that Stressed Assets Stabilization Fund is a deemed dealer as per Explanation to section 2(8) of the Maharashtra Value Added Tax, 2002 [MVAT Act] and hence liable for payment of tax.
ITAT Ahmedabad held that fresh assessment is necessary in case of taxability of interest earned from Fixed Deposit from compensation received for compulsory acquisition of agricultural land. Thus, matter restored for fresh assessment.
Delhi High Court held that Section 260A of the Income Tax Act refrains from incorporating a specific provision permitting the filing of a cross-objection. Thus, cross objection would not be maintainable.
