News

According to the GST Act, there is no provision for filing revised returns. Consequently, once GSTR-1 and GSTR-3B are filed, ...
The Reserve Bank of India’s Monetary Policy Committee (MPC), chaired by Governor Sanjay Malhotra, met from June 4-6, 2025, ...
let’s view summary of tables to be reported in GSTR-1. 1. Taxable No. 4 outward supplies made to registered persons ...
1. (1) These rules may be called the Companies (Accounts) Second Amendment Rules, 2025. (2) They shall come into force with ...
ITAT Delhi held that registered deed of new property not mandatory for claiming exemption under section 54F of the Income Tax Act. Investment in property and possession thereof sufficient for claiming ...
The statutory time frame provided to a taxpayer for filing an appeal before GSTAT is Three (3) months from the date of ...
The Rajasthan High Court recently intervened in a dispute between Molana Construction Company and the Central Goods and Service Tax Department, quashing an order that dismissed the company’s appeal as ...
In the Principal Regulations, in Schedule II, in the Annex titled ‘Application for Opening Diamond Dollar Account/s’, in the first paragraph, for the words and figures “2 years”, the words “three ...
Hence, above mentioned returns will be barred for filing after expiry of three years. The said restriction will be implemented on the GST portal from July 2025 Tax period. Hence, the taxpayers are ...
b. An international payment system that permits PSPs to make or receive payments among themselves or among other financial institutions in IFSC, thereby affecting domestic (i.e. IFSC) transactions, ...
Reserve Bank of India (RBI) has issued comprehensive directions for lending against gold and silver collateral, aiming to establish a harmonized regulatory framework across all regulated entities (REs ...
Seeks to impose Anti Dumping Duty on imports of ‘Insoluble Sulphur’ originating in or exported from China PR and Japan.