Sponsored
    Follow Us:

Featured

How to Achieve Tax-Free Rental Income of ₹20,00,000

February 8, 2025 40923 Views 4 comments Print

Learn how to achieve tax-free rental income of ₹20,00,000 by leveraging deductions under Section 24 of the Income Tax Act, 1961, and understanding the latest provisions from the Union Budget 2025.

Union Cabinet Approves New Income Tax Bill 2025 to Replace 1961 Act

February 8, 2025 14766 Views 1 comment Print

Union Cabinet has approved the new Income Tax Bill 2025, aiming to simplify and modernize India’s tax system by replacing the 1961 Act.

“Request for Order Giving Effect” on Income Tax e-Filing Portal introduced

February 8, 2025 14847 Views 1 comment Print

Request tax order implementation with Income Tax e-Filing portal’s new feature. Raise Request for Order Giving Effect online to resolve pending matters faster!

Procedure for Appeals on Interest or Penalty Under GST

February 7, 2025 5640 Views 0 comment Print

Clarified procedure for appeals under Section 128A of CGST Act 2017, addressing disputes on interest and penalty where tax is fully paid.

Analysis of Notifications and Circulars for Week ending 2nd February 2025

February 7, 2025 5235 Views 0 comment Print

Key notifications from Income Tax, GST, RBI, and IBBI covering amendments, clarifications, and updates for the week of 27th January to 2nd February 2025.

CBI Files Case Against 3 Tax Officials, 5 CAs for Sabotaging Faceless Tax Scheme

February 7, 2025 14181 Views 0 comment Print

CBI registers case against 9, including Deputy Commissioner, 2 Inspectors, and 5 CAs, for sabotaging Faceless Tax Scheme; searches in 18 locations across India.

ITAT allows Section 54F Deduction for Construction on Land Owned by Mother

February 6, 2025 3177 Views 0 comment Print

ITAT Chandigarh allows full deduction under Section 54F for Sher Singh’s construction on land owned by his mother, setting aside the A.O.’s capital gain addition.

Is Issuance of GST Summons a Valid Defence Against Parallel Proceedings?

February 6, 2025 2661 Views 0 comment Print

Explore whether issuing a GST summons qualifies as the initiation of proceedings, affecting parallel actions under Section 6(2)(b) of the CGST/SGST Act.

GSTN Advisory On E-Way Bill Generation For Goods Under Chapter 71

February 6, 2025 2664 Views 0 comment Print

GST advisory clarifies E-Way Bill rules for goods under Chapter 71, excluding HSN 7117. Mandatory in Kerala; voluntary EWB generation withdrawn elsewhere.

Breaking News: Delhi HC Stays NFRA’s SCN Against Engagement Quality Control Reviewer

February 5, 2025 7263 Views 0 comment Print

Delhi HC examines NFRA’s jurisdiction in issuing show-cause notices to Engagement Quality Control Reviewers (EQCRs) under Section 132(4)(c) of Companies Act, 2013.

Sponsored
Sponsored
Search Post by Date
March 2025
M T W T F S S
 12
3456789
10111213141516
17181920212223
24252627282930
31