The biometric-based Aadhaar authentication and document verification system for new GST registrations, coupled with a slot booking facility, has been extended to Rajasthan. As of January 7, 2025, this initiative…
Big Relief for GST Taxpayers: Common Adjudicating Authority for Multiple Notices in Kerala
Published by: Admin | January 09, 2025 | Categories: GST Recent News | 4 Min Read Taxpayers in Kerala burdened with multiple GST show cause notices across districts can now…
Income Tax Department Releases Updated Excel-Based Utility for ITR-2 and ITR-3
By: AdminDate: January 6, 2025Categories: Important News | Income Tax NewsReading Time: 4 Min The Income Tax Department has launched an updated version of the Excel-based utility for filing ITR-2…
Government May Simplify Taxation for Foreign Semiconductor Firms in Budget 2025
By: Admin | Date: December 28, 2024Categories: Tax News | Read Time: 4 Min The Indian government plans to amend the Income Tax Act in Budget 2025, introducing a presumptive…
New Feature on Income Tax Portal: File Rectification Applications Directly with AO
By: Admin | Date: December 28, 2024Categories: Important News | Income Tax News | Read Time: 4 Min The Income Tax Department has unveiled a new feature on its portal,…
Passing Order Without Hearing Violates Principles of Natural Justice
By: Admin | Date: December 28, 2024Categories: Important Pronouncements | Read Time: 4 Min The Hon’ble Allahabad High Court, in Chandani Tent Traders v. State of U.P. [WRIT TAX NO.…
GST Notices Sent to CNG Kit Providers Over Tax Classification Dispute
By: Admin | December 27, 2024Categories: GST Recent News | 4 Min Read Overview of the Issue The Goods and Services Tax (GST) authorities have issued show cause-cum-demand notices to…
DGFT Imposes Quantitative Restrictions on Low Ash Metallurgical Coke Imports
The Directorate General of Foreign Trade (DGFT), through Notification No. 44/2024-25 dated December 26, 2024, has introduced quantitative restrictions on the import of Low Ash Metallurgical Coke (ash content below…
Assessee’s Commitment to File Default Period Returns: A Ground for Reinstating Cancelled GST Registration
By: Admin | December 26, 2024Categories: Important Pronouncements | 4 Min Read The Hon’ble Calcutta High Court, in Pranabesh Sarkar v. Superintendent, CGST & CX [WPA No. 14557 of 2024,…
Construction Industry Faces Challenges After GST Council Decision to Overturn SC Ruling in Safari Retreats Case
The construction and real estate sectors are navigating uncertainty after the GST Council's recent decision. The council has retrospectively amended the GST law, restricting Input Tax Credit (ITC) on construction…