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Archive: 12 September 2025

Posts in 12 September 2025

SEBI’s practical stance on family succession: Rattan India Enterprises Trust transition

September 12, 2025 1122 Views 0 comment Print

SEBI exempted RattanIndia promoters from a mandatory open offer for transferring 74.86% stake to family trusts for succession, citing no change in control.

Fund-Based Accounting in Trusts: Concepts, Challenges & Professional Insights

September 12, 2025 1701 Views 0 comment Print

Explore fund-based accounting in trusts, types of funds, key challenges, inter-fund transfers, and compliance requirements for accurate financial reporting.

GST 2.0India’s GST 2.0: New Tax Slabs & Rate Changes for 2025

September 12, 2025 11397 Views 0 comment Print

From Sep 2025, India’s GST simplifies to three slabs: 5%, 18%, and 40%. Learn how this reform impacts prices on essentials, electronics, and luxury goods.

Taxation of Winnings from Online Games under Section 115BBJ

September 12, 2025 4293 Views 0 comment Print

Understand how online gaming winnings are taxed under Section 115BBJ, Rule 133, and Section 194BA. Covers computation, TDS, and compliance for players.

Request for Extension of Due Date for Submission of Non-Tax Audit Report

September 12, 2025 13536 Views 0 comment Print

Karnataka Taxpayers Association requests extension of 15 Sep 2025 deadline for non-tax audit reports due to portal issues, delays, and compliance overlaps.

Liabilities of Chartered Accountant in the Capacity of Auditor

September 12, 2025 1344 Views 0 comment Print

Detailed guide on auditor liabilities under law, including civil, criminal, and professional risks. Covers statutory duties, safeguards, and case examples.

Orissa HC Stays GST ISD Demand of ₹231 Crore

September 12, 2025 924 Views 0 comment Print

Orissa High Court stays GST demand on ISD credit distribution, cites Karnataka HC precedent, examines constitutionality of Section 21 CGST Act.

SC Stays Retrospective GST Penalty u/s 122(1A)

September 12, 2025 2166 Views 0 comment Print

Supreme Court stays recovery of GST penalty under Section 122(1A), examines applicability to non-taxable persons and retrospective enforcement.

Revision in MRP due to reduction in GST Rates for Drugs & Medical Devices

September 12, 2025 7836 Views 1 comment Print

Learn about the government’s decision to lower GST on drugs and medical devices, effective from September 22, 2025, and how it impacts product pricing.

CBIC Exempts Aerospace Grade Hydrogen Peroxide Imports for Non-Commercial R&D

September 12, 2025 450 Views 0 comment Print

A customs instruction exempts aerospace-grade hydrogen peroxide for non-commercial R&D from the Hydrogen Peroxide Quality Control Order, 2022.

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