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Archive: June, 2025

Posts in June, 2025

IT Dept to Share Data with Maharashtra for ‘Mazi Ladki Bahin Yojana

June 3, 2025 1530 Views 0 comment Print

Notification specifies Maharashtra’s Women & Child Development Secretary for income tax information sharing to identify beneficiaries of Mukhyamantri Mazi Ladki Bahin Yojana.

GST Demand Order Requires Reply Consideration and Hearing Opportunity

June 3, 2025 3366 Views 0 comment Print

Delhi High Court quashes tax demand order for non-consideration of reply and lack of hearing. Future orders contingent on Supreme Court’s decision on notification validity.

MCA Revises MGT-7 Form from July 14, 2025: Key Changes You Should Know

June 3, 2025 26094 Views 1 comment Print

MGT-7 form revised for FY 2024-25; launching on MCA V3 from 14 July 2025. New features include Excel uploads, gender data, and CIRP filing support.

Software payments aren’t “royalty” if no copyright is transferred: SC

June 3, 2025 6447 Views 0 comment Print

SC ruling clarifies software payments aren’t royalty if no copyright is transferred. DTAA compliance, including TRC and Form 10F, remains essential.

MP VAT Act: 2023-24 Assessments Deemed Complete for Petrol Pumps

June 3, 2025 2895 Views 0 comment Print

Madhya Pradesh Government notifies deemed assessment for 2023-24 VAT cases for eligible petrol pumps, outlining conditions and application process.

GST Council Modifies Life & Health Insurance GoM

June 2, 2025 705 Views 0 comment Print

The GST Council Secretariat has updated the composition of the Group of Ministers (GoM) on Life and Health Insurance, effective June 2, 2025.

IBBI Cites Privacy Concerns for Non-Disclosure of Chairperson Visitor Information Under RTI

June 2, 2025 270 Views 0 comment Print

An IBBI RTI appeal regarding Chairperson appointments and employee overtime pay was disposed of. The authority affirmed no obligation to create or interpret information not held.

SEBI Updates Research Analyst Investor Charter

June 2, 2025 768 Views 0 comment Print

SEBI has issued a circular updating the Investor Charter for Research Analysts to boost investor protection, outlining RA responsibilities, grievance redressal, and transparency.

Investor Charter for Investment Advisers

June 2, 2025 852 Views 0 comment Print

SEBI revises Investor Charter for Investment Advisers, mandating enhanced disclosures, grievance redressal via SCORES 2.0/ODR, and clear investor rights/responsibilities.

Survey Income Linked to Business Not Taxable at Higher Section 115BBE Rates

June 2, 2025 888 Views 0 comment Print

ITAT Pune ruled for Yash Construction Co., holding that declared income during survey, if linked to business, cannot be taxed at higher rates under Section 115BBE.

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