By Author / May 7, 2025Income Tax Recent News - 2025 New ITR Forms Notified for FY 2024–25 The Income Tax Department has notified ITR forms 1, 2, 3, 4,…
DGGI Uncovers ₹116 Cr GST Evasion by Six Firms in Punjab’s Mandi Gobindgarh
By Author | May 4, 2025Category: Tax Evasion – GST The Directorate General of GST Intelligence (DGGI), Ludhiana, has exposed a major case of GST evasion worth ₹116.5 crore by…
🏛️ No TDR, No GST: Bombay HC Quashes Tax Demand on Real Estate Project
By Author | April 30, 2025 ⚖️ Court Ruling: No Tax Without TDR The Nagpur bench of the Bombay High Court has quashed a GST demand against a real estate…
I-T Department Probing Exaggerated Exemption Claims in Returns by Salaried Individuals
Overview of the Drive by the Income Tax DepartmentSince the beginning of the financial year, the Income Tax department has been issuing notices to salaried taxpayers. These notices question the…
📢 Industry Bodies Urge Govt to Impose Luxury Tax on E-commerce Goods Under GST
By Author / April 24, 2025GST Recent News – 2025 🛒 E-commerce Platforms Under Scrutiny Industry bodies have urged the government to impose a luxury tax under GST on purchases…
Govt Notifies GSTAT (Procedure) Rules, 2025
By Author | April 24, 2025Category: GST Appellate Tribunals (GSTAT), GST Notifications The Ministry of Finance (Department of Revenue) has issued Notification No. G.S.R. 256(E) dated April 24, 2025, to…
🚫 GST Exemption Denied for Cancer Diagnostic R&D Services: Maharashtra AAR Clarifies
By Author | April 23, 2025 | GST News India The Maharashtra Authority for Advance Ruling (MAAR) has ruled that cancer diagnostic R&D services do not qualify as healthcare services.…
CBDT Notifies New TDS Rules for Sale of Luxury Items in 2025
By Author | April 23, 2025 | CBDT Notification & Income Tax Updates The Central Board of Direct Taxes (CBDT) has released Notification No. 35/2025, dated April 22, 2025. This…
TCS Now Applicable on High-Value Luxury Goods: CBDT Notifies New Rule for Items Above ₹10 Lakh
The Central Board of Direct Taxes (CBDT) has issued Notification No. 36/2025 dated April 22, 2025, mandating Tax Collection at Source (TCS) on the sale of luxury goods exceeding ₹10…
CBDT Grants Income Tax Exemption to National Mission for Clean Ganga Under Section 10(46)By Author | April 23, 2025 | CBDT Notifications | Income Tax Exemptions
The Central Board of Direct Taxes (CBDT), via Notification No. 37/2025 dated April 22, 2025, has granted income tax exemption to the National Mission for Clean Ganga (PAN: AABAN3769K) under…