GSTN announces changes to the refund process for deemed export recipients, removing chronological filing and modifying the refund amount table.
Learn about the impact of GST exemption changes on PG and hostel accommodations in India, the confusion over new rules, and the ongoing debate on “per person” interpretation.
Mumbai Income Tax Appellate Tribunal rules compensation to flat owner for construction nuisance is a non-taxable capital receipt, citing earlier precedents.
Letter to CBIC alleges Delhi CGST offices misuse Section 74 (fraud) for all SCNs. RTI data shows 100% use, causing taxpayer distress and business harm.
Government expands Tax Collected at Source (TCS) under Section 206C(1F) to include 10 specific luxury goods valued over ₹10 lakh, effective April 22, 2025.
India’s Armed Forces conduct ‘Operation Sindoor,’ targeting nine terrorist sites in Pakistan and PoK following the deadly Pahalgam attack. Action termed focused and measured.
CBDT Notification 44/2025 amends Income-tax Rules 1962, substituting FORM ITR-6 in Appendix II, effective from April 1, 2025.
Professionals request an amnesty scheme for partnership firms in Maharashtra to regularize past lapses and ease compliance with Registrar of Firms requirements.
ICAI proposes changes to GST Forms GSTR-9 and GSTR-9C for better clarity, reporting, ITC reconciliation, and addressing compliance issues.
Kerala High Court rules GST on club-member transactions unconstitutional, upholding mutuality principle against retrospective tax amendments. Implications for societies and clubs.