Understand the penalties, interest, and loss of benefits for late Income Tax Return filing. The deadline for individuals is September 15, 2025.
Supreme Court overturns NCLAT, nullifying a gift deed and share transfer, and reinstating Shailja Krishna as the majority shareholder of Satori Global Ltd. Key takeaways for corporate law and NCLT jurisdiction.
ICAI has postponed the Chartered Accountants Final & Intermediate Examinations scheduled for Sept 3-4, 2025 in Punjab and Jammu City due to floods. Revised dates will be announced soon.
The Tax Bar Association of Bhilwara requests an extension for the FY 2024-25 income tax return and audit report deadlines, citing delays in utility releases, technical issues on the tax portal, new compliance requirements, and the upcoming festive season.
The FKCCI has formally requested an extension for filing income-tax returns for the AY 2025-26 due to technical issues on the tax-filing portal.
CBI arrests two private individuals in a rare reverse trap for offering Rs 22 lakh bribe to a GST Superintendent; searches conducted for more evidence.
A representation from the Bombay Chartered Accountants’ Society to the CBDT highlights the need for further extensions for income tax returns and audit reports, citing delayed utility releases, portal issues, and other compliance overlaps for the financial year 2024-25.
New tax rules increase salary thresholds for perquisite exemptions. Rules 3C and 3D change limits for tax-free perquisites and overseas medical expenses.
The Rajasthan Tax Consultant’s Association has requested an extension for the tax audit report and ITR filing deadline to November 15, 2025.
The 56th GST Council meeting is set to discuss major reforms, including rate rationalization, lower taxes on insurance, and simplified compliance for small businesses.
