Gujarat High Court quashes faceless assessment order for Maa Padmavati Exports, citing tax unit’s disregard for earlier order on cross-examination.
Allahabad High Court upholds GST demand exceeding show cause notice, citing taxpayer’s failure to explain discrepancies or produce requested documents.
Imported steel and steel products must now adhere to Indian Standards per the 2024 Quality Control Order, effective June 16, 2025.
File your pending GST returns now. A three-year filing limit, effective from July 2025, will bar older returns as per the Finance Act, 2023.
Orissa High Court sets aside rejection of Harsheel Auto Planet’s GST appeal over pre-deposit, directs re-hearing on merits after allowing deposit.
India’s DGFT invites applications for Pharma Grade Sugar exports (25,000 MT quota) until July 20, 2025. Requirements include a drug manufacturing license and NABL reports.
SEBI’s 210th Board meeting on June 18, 2025, approved regulatory amendments to simplify public issues, mandate dematerialization, streamline QIPs, ease PSU delisting, and enhance operations for AIFs, REITs, InvITs, Merchant Bankers, and Debenture Trustees.
Ministry of Finance corrigendum dated June 18, 2025, updates GST Appellate Tribunal (GSTAT) rules, fees, and forms. Clarifications for digital orders included.
Income Tax Notification 63/2025 grants tax exemption to Yamuna Expressway Industrial Development Authority from AY 2024-25 under Section 10(46A).
CBDT notifies Dental Council of India for tax exemption under Section 10(46A) of Income-tax Act, effective from AY 2024–25, subject to specified conditions.
