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Archive: 01 November 2025

Posts in 01 November 2025

Join 2 Day Live Practical GSTAT Appeal Workshop

December 16, 2025 12177 Views 0 comment Print

A practical two-day GSTAT workshop equips professionals with drafting, presentation, and procedural skills to excel in GST appellate practice.

Auction sale by bank under SARFAESI justified in absence of information of status quo order

November 1, 2025 435 Views 0 comment Print

Orissa High Court held that auction sale by the bank under Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI Act) justified as there was no information available with bank regarding existence of status quo order.

Deemed dividend not taxable when borrower doesn’t hold shares in lender company

November 1, 2025 447 Views 0 comment Print

ITAT Indore held that Deemed Dividend under section 2(22)(e) of the Income Tax Act is not taxable in hands of borrower-company who doesn’t hold shares in lender-company. Accordingly, appeal of the assessee allowed and addition set aside.

Customs duty demand quashed as export obligation fulfilled within extended period

November 1, 2025 381 Views 0 comment Print

Delhi High Court held that demand of customs duty on account of failure to fulfil export obligations under Advance Authorization set aside as export obligation was fulfilled within extended period and redemption/discharge certificate was issued thereafter.

P&H High Court Directs CBDT to Extend ITR Deadline to 30th Nov 2025

November 1, 2025 282 Views 0 comment Print

Punjab and Haryana High Court directed CBDT to issue a circular extending the ITR due date for audit cases to 30th November 2025. The extension follows Section 44AB and Explanation 2(a) to Section 139(1). Taxpayers now have sufficient time between submission of audit reports and filing of returns.

Mandatory GST E-Invoicing: Rules & Deadlines

November 1, 2025 5658 Views 0 comment Print

GST E-Invoicing is mandatory for businesses with over Rs.5 Cr turnover, digitizing B2B/Export supplies to curb evasion. Learn generation process, compliance, and penalties.

Advocates Can’t Be Summoned for Giving Legal Advice or Representing Clients: SC

November 1, 2025 3960 Views 0 comment Print

In a landmark ruling (Suo Motu W.P. (Crl.) No. 2 of 2025), Supreme Court held that lawyers cannot be summoned merely for offering legal advice or representing clients during investigations. The Court reaffirmed client-counsel privilege under Section 132 of the Bharatiya Sakshya Adhiniyam, 2023, directing that such summons be issued only in rare cases with senior approval, thereby safeguarding professional independence and legal confidentiality.

GST Collections Up 4.6% in October 2025

November 1, 2025 762 Views 0 comment Print

India’s gross GST revenue for October 2025 rose 4.6% to ₹1.96 lakh crore, with 9% yearly growth in FY 2025–26 and steady gains from imports and domestic collections.

Advisory for Simplified GST Registration Scheme

November 1, 2025 1695 Views 0 comment Print

GST Rule 14A introduces a simplified registration scheme for small taxpayers with monthly output tax liability under ₹2.5 lakh. Aadhaar authentication is mandatory.

CJI’s Office Under RTI Act: SC Balances Transparency with Judicial Independence

November 1, 2025 1638 Views 0 comment Print

Supreme Court ruled that the Chief Justice’s office falls under the RTI Act, affirming transparency while safeguarding judicial independence and privacy rights.

Insolvency Filing No Shield from Cheque Dishonour Prosecution: SC

November 1, 2025 12591 Views 0 comment Print

SC clarified that personal insolvency proceedings under Section 94 IBC do not stay criminal trials for cheque dishonour under Section 138 NI Act.

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