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.
Summary of key regulatory updates in India (Apr 28-May 4, 2025): New ITR forms, GST changes, Customs/DGFT rules, SEBI amendments, IBBI rulings, RBI directives, and SC judgments.
ITAT Ahmedabad partly sets aside PCIT order, rules PCIT cannot issue mandatory direction to add income for accommodation entries under Section 263.
Allahabad High Court rules that only downloading Part A of the e-way bill without completing Part B doesn’t absolve GST liability.
Pune ITAT condonès 191-day delay in tax appeal after assessment order email went to spam; remits case for merits review, citing judicial precedents.
CESTAT Delhi rules standard cinema food/drink sales are taxable as goods, not service, unlike premium Gold Class offerings.
Supreme Court emphasizes bail as the general rule in GST Section 132 offense cases. Criticizes denial of bail in routine matter. Sets aside HC order, grants bail.
