The honourable Gujarat High Court quashed both a GST e-Invoice show cause notice (SCN) and a penalty order issued to a taxpayer (Kapton Alloys Private Limited Vs State of Gujarat & Anr. dt: July 2025) on the same day, holding that it amounted to a flagrant breach of the principles of natural justice.
Several initiatives taken by the Government to fast-track exports and imports
5,892 Authorized Economic Operator (AEO) certificates issued as on 30th June, 2025
Drunk CGST Clerk Accused of Selling Confidential Tax Files Worth Crores for Just ₹5,000
In a jaw-dropping lapse of duty, a drunken clerk with the Central Goods and Services Tax (CGST) Department in Nagpur was caught on camera carting away crucial government files, some containing sensitive data worth crores in tax records, and selling them to a scrap dealer for just Rs. 5,000, a report in a local Hindi newspaper said.
The question is whether a registered person is required to charge tax on sale of agriculture produce or whether he enjoys exemption on sale of agriculture produce since he is an agriculturist.
No GST for smaller apartments with maintenance charges below Rs 7,500: FM
Union Finance Minister Nirmala Sitharaman has clarified that residents of smaller apartments with maintenance charges below Rs 7,500 are not burdened by Goods and Services Tax (GST) compliance requirements, nor are they required to pay GST on these charges.
KSCAA (R) submits representation on issuance of Notice under section 74
KSCAA (R) submits representation on various issues faced by Taxpayers with respect to IMS
Income tax
Notification no. 126/2025 dated 28.07.2025- Income tax
CBDT issued notification no. 126/2025 dated 28.07.2025 to further amend the Income tax Rules, 1962 by virtue of power u/s 295 read with section 10(4E). These rules may be called as the Income-tax (Twentieth Amendment) Rules, 2025 which shall come into force on the date of their publication in the Official Gazette.
ITR filing AY 2025-26 deadline to be extended again? Expert explains key reasons
Will the deadline for filing income tax returns (ITRs) be extended once again? The Income Tax Department in May-end extended the last date to file ITR from July 31 to September 15, 2025. Following the timeline extension, the Centre stated that ITRs had undergone structural and content revisions to simplify compliance and enhance transparency. These changes necessitated additional time, the tax department said.
Income Tax Department Cracks Down On Bogus Refund Claims Ahead Of Filing Deadline
The Income Tax Department has launched a nationwide crackdown on fraudulent exemption and deduction claims as the deadline for filing returns approaches. A letter issued by the Central Board of Direct Taxes (CBDT), the apex policy-making body for direct taxes, has directed tax officials to flag suspicious refund claims and suspend processing of such returns pending investigation.
No change in rates of taxes in Income Tax Bill 2025 : Income Tax Department issues clarification
Income Tax Department on Tuesday issued clarification regarding the Income Tax Bill 2025, stating that the bill only aims to simplify language and removal of redundant & obsolete provisions.
Karnataka MP says new amendment to Income Tax Act will impact services of Chartered Accountants
Member of Parliament G. Kumar Naik believes that the new amendment to the existing Income Tax Act proposed by the Central Government would adversely impact services providing by Chartered Accountants.
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