Form 3CD requires mandatory reporting on taxpayer identity, business status, accounting methods (ICDS), depreciation, inadmissible expenditures (Sec. 40A/14A), payment/receipt compliance (Sec. 269SS/T/ST), TDS/TCS, and GST expenditure break-up, ensuring comprehensive tax compliance verification under Section 44AB.
Understand the three core processes of Indian Income Tax: Rectification of mistakes (Sec 154), the four types of Assessment (Summary, Scrutiny, Best Judgment, and Reassessment), and the Appeal mechanism to CIT(A)/ITAT against adverse orders.
Summary of special compensatory and field allowances available to armed forces personnel and salaried employees under Section 10(14) of the Income-tax Act, detailing fixed monthly exemption limits for working in difficult, remote, or high-altitude areas.
ICAI writes to CBIC requesting a one-week extension for the September 2025 GSTR-3B due date, citing the Diwali festival period and recent GST rate revision system updates.
ROC Goa levied maximum penalties totaling ₹4,00,000 on Indu Packaging (Daman) Limited and its three directors for repeatedly failing to print the CIN on company documents.
IFSCA consultation proposes immediate amendments to banking credit restrictions for IFSC units. Changes include stricter Basel-aligned rules for director advances and allowing loans for security buy-backs.
SEBI extended deadline for existing Angel Funds to disclose their investment allocation methodology in PPMs from October 15, 2025, to January 31, 2026, for ease of compliance.
DGFT Public Notice renumbers procedures for Diamond Imprest Authorisation (DIA) scheme, mandating 10% value addition, specific diamond export size, and 18-month obligation.
DGFT prohibits the import of raw and roasted Areca Nuts with a CIF value below Rs. 351/- per kg, except for imports by EOUs, SEZs, and under the Advance Authorization Scheme.
ICSI reports numerous technical issues—including OTP failures, data errors, and DSC problems—on the MCA-21 V3 portal and requests an extension for annual filings and relaxation of additional fees until December 31, 2025.
