Author: administrator
CBDT notifies format of ITR-3 for AY 2025-26 for For individuals and HUFs having income from profits and gains of business or profession. CBDT notifies format of ITR-3 for Ay 2025-26 CBDT vide Notification No. 41/2025 dated 01.05.2025 has notified the format of Income Tax Return-3 (ITR-3). What is …
Implementation of Phase-3 reporting of HSN codes in Table 12 of GSTR-1 & 1A from May 2025 return period – GSTN Advisory CBIC vide Notification No. 78/2020 – Central Tax dated 15th October 2020, made it mandatory for the taxpayers to report minimum 4 digits or 6 digits …
Patwari certificate should be on government letter head bearing government seal, signature and designation of designated local revenue authority – ITAT In a recent judgment, ITAT Indore has held that Patwari certificate for municipal limit of land should be on government letter head instead of plain paper leaving …
RBI directs banks to ensure ATMs dispense ₹100 and ₹200 denomination banknotes on a regular basis. RBI has issued direction to all Banks on the dispensation of ₹100 and ₹200 denomination banknotes through ATMs. Rs. 100 and Rs. 200 notes serve specific purposes due to their value, convenience, …
Court under Sections 34 and 37 of the Arbitration and Conciliation Act 1996 have limited powers to modify an arbitral award In a recent judgment, Hon’ble Supreme Court has held that the Court under Sections 34 and 37 of the Arbitration and Conciliation Act 1996 have limited powers …
Supreme Court issues directions for digital KYC of persons with disabilities, especially facial / eye disfigurements due to acid attacks and visual impairments. In a recent judgment, Hon’ble Supreme Court issued directions to make the process of digital KYC accessible to persons with disabilities, especially facial / eye …
Sales of two incomparable years cannot be compared. ITAT directed addition to be deleted after verification In a recent judgment, ITAT Delhi held that sales of two incomparable years cannot be compared to treat the increase in sale as unexplained money the basis that sales recorded by …
Uploading of notice on ITBA portal cannot be treated to be a valid service of notice unless assessee has opted for service of notice through e-mail. In a recent judgment, High Court of Chhattisgarh has held that uploading of notice on ITBA portal (e-portal) cannot be treated to …
ITR-1 Sahaj and ITR-4 Sugam has been notified for AY 2025-26. Scope of ITRS enlarged for capital gain u/s 112A CBDT vide Notification No. 40/2025 has notified the Income-tax (twelfth Amendment) Rules, 2025 w.e.f. 01.04.2025. ITR-1 Sahaj and ITR-4 Sugam has been notified for AY 2025-26. Amendments have …
Supreme Court upheld constitutional validity to section 34, 47 and 58 of the Consumer Protection Act, 2019 In a recent judgment, Hon’ble Supreme Court upheld constitutional challenge to section 34, 47 and 58 of the Consumer Protection Act, 2019 and declared that empowering the district, state and national …
