By Aaerm Law Associates | May 22, 2025 ✅ Overview On May 16, 2025, the Central Board of Indirect Taxes and Customs (CBIC) released Notification No. 35/2025 – Customs (N.T.).…
Supreme Court Resumes GST Hearings in Gameskraft Case – Day 11 Key Highlights
By Aaerm Law Associates | May 22, 2025 🏛️ Background The Supreme Court of India resumed hearings on May 21, 2025, in the Gameskraft batch of GST-related cases. These hearings…
Supreme Court Dismisses Government’s Review Petition in Safari Retreats Case: A Landmark Judgment on GST Input Tax Credit (ITC) Eligibility for Commercial Real Estate
By Aaerm Law Associates | May 22, 2025 🏛️ Background of the Case In a significant development for the Indian real estate and infrastructure sectors, the Supreme Court of India…
📰 GCCI Urges Extension of ITR Filing Deadline Due to Portal Delays
Income Tax News | May 2025 The Goa Chamber of Commerce and Industry (GCCI) has urged Finance Minister Nirmala Sitharaman to extend the deadline for filing Income Tax Returns (ITRs).…
Refund Claims for ITC Accrued Before July 18, 2022 Cannot Be Denied Solely Based on Filing Date: Supreme Court Upholds Andhra Pradesh HC Verdict
In a major relief to taxpayers, the Supreme Court of India has upheld a key ruling by the Andhra Pradesh High Court. The decision confirms that Input Tax Credit (ITC)…
🔍 Tamil Nadu GST Circular No. 4/2025: A Comprehensive Guide to Error Rectification Under Section 161
The Tamil Nadu Goods and Services Tax (TNGST) Department issued Circular No. 4/2025 on May 16, 2025, to guide the rectification of errors under Section 161 of the TNGST Act,…
₹90 Crore Tax Deduction Approved! Delhi High Court Allows Full Section 54F Exemption for Multiple Floors in One Building
📅 By AAERM Law Associates | May 21, 2025 In a landmark decision, the Delhi High Court has ruled that taxpayers can claim long-term capital gains (LTCG) exemptions under Section…
Refund Should Not Be Credited to Electronic Credit Ledger if Business Is Closed: Calcutta High Court Ruling
📅 By AAERM Law Associates | May 21, 2025 In a recent landmark judgment, the Calcutta High Court ruled that tax refunds under the GST regime must not be credited…
GST Registration Cannot Be Cancelled Without Proper Evidence Verification
Orissa HC, GST Judgements The Hon’ble Orissa High Court in M/s. Jay Jagannath Filling Station v. Commissioner of Sales Tax (CT & GST) [W.P. (C) No. 9856 of 2025, dated…
CBDT Notifies ITR-U: File Updated Returns for 4 Previous Years
CBDT Notification - 2025 The Central Board of Direct Taxes (CBDT) issued Notification No. 49/2025 on May 19, 2025. This notification introduces the ITR-U (Income Tax Return for Updated Return)…