The Chamber of Tax Consultants requests a 15-day extension for non-audit ITR filings due on 15 Sept 2025, citing portal glitches and taxpayer hardships.
ITAT Delhi deleted MAT addition on goodwill amortisation in SC Johnson case, noting it was recorded under a court-approved scheme and fully disclosed in audited accounts.
The ITAT Bangalore quashed a PCIT order, ruling that the premature hearing and subsequent order violated natural justice, remitting the case for a fresh hearing.
The ITAT Bangalore ruled that the CIT(A) erred by dismissing a tax appeal without a hearing, violating natural justice. The case was remanded for a fresh hearing.
Indian stock market apps are integrating features like fractional shares, live news, and research tools to help users invest in global markets for portfolio diversification.
A Systematic Investment Plan (SIP) in mutual funds helps investors combat inflation through rupee-cost averaging and compounding, building wealth over time.
India Post introduces new accounting procedures for POSB transactions, shifting from an account-based to a transaction-based system, centralizing processes at a new facility.
The RBI has released the Payment Aggregators (PAs) Directions, 2025, detailing authorization, due diligence, and escrow account regulations for digital payment entities.
CBDT exempts Tamil Nadu Electricity Regulatory Commission under section 10(46A) of the Income-tax Act, effective from AY 2024-25
Central Board of Indirect Taxes and Customs amends tariff values for imported goods. This includes changes for edible oils, brass scrap, gold, and silver.
