Learn how filing the OPC Annual Return affects legal compliance, trust, and penalties. Understand due dates and benefits for long-term business stability.
Learn how to identify, understand, and respond to GST notices in 2025. Includes steps, reply drafting tips, documents required, and common scrutiny issues.
In 2025, Bitcoin continues to redefine how we understand value, privacy, and decentralization in the digital age. No longer considered just an experimental asset or niche curiosity, Bitcoin is now an integral part of discussions around global finance and technological innovation.
Jharkhand HC quashes demand on GST transitional credit by Steel Authority of India, restoring Rs 30.29 Cr. to the petitioner in a case of VAT credit transition.
CESTAT Delhi held that air craft engine stand imported by the appellant would deserve classification under CTI 8609 00 00 and not under CTI 8716 39 00. Accordingly, order passed by the Principal Commissioner is set aside.
Since the business sales were accepted as genuine and only the purchases were routed through accommodation entries, only a part of the purchases needed adjustment to reflect possible inflation of expenses confirming the restriction of bogus purchase addition to 5% and when additions were made on an estimated basis, penalty for concealment under Section 271(1)(c) could not be imposed.
ITAT Delhi held that services rendered under Intra Group Service Agreement do not make available technical knowledge and hence would not fall within the definition of FTS as provided under Article 13(4) of India UK DTAA and hence not taxable in India.
IFSCA amends bullion market guidelines in IFSC, removing net-worth requirement for all ‘Customers’ to boost participation on IIBX. Effective immediately.
Taxpayers face issues with Karnataka PT portal due to OTP failures. Association requests technical fixes and 3-month due date extension before April 30, 2025.
DGFT requests comments on aligning export policy (ITC-HS 2022) with Finance Act 2025 amendments. Stakeholders invited to provide feedback within 7 days.
