India’s CCPA has issued guidelines effective May 27, 2025, to regulate the listing and sale of radio equipment, including walkie-talkies, on e-commerce platforms.
Government sets wheat stock limits till March 2026 for traders, retailers, and processors; stock reporting mandatory via official portal.
CBDT extends the ITR filing deadline for AY 2025-26 from 31 July to 15 Sept 2025 due to structural changes and system readiness requirements.
Review key GSTN advisories issued in May 2025, including updates on GSTR-1, refunds, Aadhaar verification, appeal withdrawal, and reporting validations.
Income Tax Appellate Tribunal deletes addition of Rs. 16.04 lakhs, ruling CPC lacked jurisdiction for adjustment under Section 143(1) of the Income Tax Act.
Income Tax Tribunal rules on Rs. 23.33 lakh addition, clarifying Section 56(2)(vii)(b)(ii) for land held as stock-in-trade versus personal asset.
An assessee’s appeal against a ₹36.34 lakh cash deposit addition was dismissed by NFAC, New Delhi, due to a procedural error. The challenge targeted a rectification order, not the original assessment.
Understand GST on motor vehicle rentals with operators. Learn about taxability, RCM, ITC eligibility for providers and recipients, and compliance safeguards in India.
Mumbai ITAT dismisses Revenue appeal, affirming CIT(A)’s decision to delete ₹37.84 Cr bogus purchase addition for a bulk drug manufacturer, citing sufficient evidence.
Explore Section 19 of the Companies Act, 2013, which prohibits subsidiaries from holding shares in their holding company, with three specific exceptions explained.
