Comprehensive summary of income tax, GST, customs, SEBI, DGFT, EPF, and SC rulings from notifications and circulars issued between 13-19 January 2025.
Circular No. 01/2025 outlines the application of the Principal Purpose Test (PPT) under India’s Double Taxation Avoidance Agreements (DTAAs) for treaty compliance.
Explore tax obligations on immovable property transactions, including TDS, GST, and penalties. Learn how to ensure compliance and avoid costly errors.
The recent GST notifications introduce various changes aimed at streamlining compliance and addressing specific sectors. Let’s break down the key important notifications point by point.
Recent GST amendments redefine specified premises, impacting tax rates (5% or 18%) and ITC availability for restaurant services. Learn how these changes affect compliance.
NCLT Delhi dismissed Akshay Kumar Bhatia’s insolvency plea against Cue Learn Pvt. Ltd., citing the claim did not qualify as operational debt under IBC.
CBDT removes anomaly in Vivad se Vishwas Scheme, allowing appeals filed after 22nd July 2024 within the prescribed time to be eligible.
Kerala SGST issues guidelines on issuing separate notices for Sections 73 and 74. Ensures clarity and uniformity in handling GST disputes.
Learn how recent amendments to Section 112 of the Income Tax Act impact capital gains tax, including indexation rollback and new tax calculation options.
Understand the revised TDS rate chart for FY 2024-25. Know TDS sections, rates, thresholds, and exemptions to stay compliant and avoid penalties.