A. Update
Advisory on filing of Amnesty applications under Section 128A of the CGST Act
Taxpayers who are facing technical issue which is restricting them to file waiver application u/s 128A are advised to adopt the steps outlined in the below link:
Notification no. 55/2025 dated 10.06.2025- Income tax
CBDT issued notification no. 55/2025 dated 10.06.2025 to hereby notify the “Greater Noida Industrial Development Authority”, an authority constituted under the U.P. Industrial Area Development Act, 1976 (U.P. Act No.6 of 1976), for the purposes of the sub clause (b) of clause (46A) of section 10 of the Income-tax Act, 1961 (43 of 1961)
Offline Utilities for ITR-1 and ITR-4 for AY 2025-26 are available for filing
Common Offline Utility for filing Income-tax Returns ITR 1 and ITR 4 for the AY 2025-26.
B. Tax in Media
United Breweries receives Rs 18.60 cr GST order
Liquor major United Breweries on Wednesday said that the company has received orders and demand notices from the Kerala State Goods & Services Tax Department, Palakkad.
New GST rule from May 2025: Separate sections for business and customer sales
In a key update to simplify and improve GST data, the GSTN has split Table-12 of the GSTR-1 form into two parts: one for B2B sales (Table 12A) and one for B2C sales (Table 12B), starting with the May 2025 tax period.
Book: GST Gavel – A Litigation Guide
Medicines, tractors emerge as sticking points in scrapping 12 percent GST slab
Two categories of items currently under the 12 percent GST rate – medicines and tractors – have emerged as sticking points in the effort to do away with the tax slab altogether despite consensus, with states weighing tax implication and socio-economic impact of such a move
Bengaluru’s ‘Garbage Tax’ nets ₹350 crore in just two months: Report
Bengaluru’s newly introduced “garbage tax” has generated a staggering ₹350 crore within just two months, nearly half of the projected annual revenue, Deccan Herald reported.
Income Tax Department intensifies scrutiny on political donation claims under Section 80GGC
The Income Tax Department has intensified its scrutiny of taxpayers claiming deductions on political donations under Section 80GGC of the Income Tax Act over the past two to three assessment years, sources told CNBC-TV18.
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