Amendment to Specified Customs Notifications under Section 25(1) of the Customs Act, 1962
GOVERNMENT OF INDIA MINISTRY OF FINANCE (Department of Revenue) Notification No. 28/2025-Customs New Delhi, the 30th April, 2025 G.S.R.
Amendment to the Second Schedule to the Customs Tariff Act, 1975 regarding Export Duty
GOVERNMENT OF INDIA MINISTRY OF FINANCE (Department of Revenue) Notification No. 27/2025-Customs New Delhi, the 30th April, 2025
ICAI Calls on CAs to Lead India’s Financial Literacy and Ethical Awareness Movement
Dear Professional Colleagues, Take risks in your life. If you win, you may lead; if you lose, you may guide.
Finance Ministry Amends Customs Duty Exemptions on Over 400 Chemical and Precious Metal Imports
In a significant regulatory update, the Ministry of Finance (Department of Revenue) has issued Notification No. 25/2025-Customs, effecting amendments to
Non-Taxability of Lorry Hire Income Under GST
Introduction The Goods and Services Tax (GST) regime offers certain exemptions for specific services, one of which pertains to income
Income Tax Return Forms ITR-1 and ITR-4 for AY 2025-26: Key Changes and Eligibility
The Central Board of Direct Taxes (CBDT) has officially notified the updated ITR-1 (Sahaj) and ITR-4 (Sugam) forms for Assessment
Latest Updates in the Online 12A Registration Process by the Income Tax Department
The Online 12A Registration Process is an important step for NGOs and charitable companies in India looking for tax exemption
Delhi Court Extends CBI Custody of IRS Officer and CA in Faceless IT Scheme Bribery Case
A Delhi court on Tuesday extended the Central Bureau of Investigation (CBI) custody of a senior Income Tax official and
CBDT Notifies ITR Forms 1 and 4 for AY 2025-26
The Central Board of Direct Taxes (CBDT) has notified the Income-tax (Twelfth Amendment) Rules, 2025 through Notification No. 40/2025, dated
Sections 68 to 69A: How the Tax Department Deals with Undisclosed Income
1. Section 68 – Cash Credits Applicability: This section applies to individuals, firms, companies, or any other taxpayer. Provision: Where