Tax incentives to IFSCS – Income-tax (Second Amendment) Rules, 2025 MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES) Notification No. 10/2025 New Delhi, the 27th January, 2025 INCOME-TAX G.S.R. 76(E).—In exercise of the powers conferred by section 295 read with sub-item (b) of item (I) of sub- …

Maintainability of a writ petition against any order/award of MSEFC – matter referred to Constitution Bench. In a recent judgment, Hon’ble Supreme Court has referred the question of Maintainability of a writ petition against any order/award of Micro and Small Enterprises Facilitation Council (MSEFC) to Constitution Bench. ABCAUS …

Grant of temporary identification number for person not liable to registration under GST Act but is required to make any payment under GST Act – CGST Amendment GOVERNMENT OF INDIA  MINISTRY OF FINANCE  (DEPARTMENT OF REVENUE)  CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS  Notification  No. 07/2025 – Central …

CBIC waives late fee u/s 47 of CGST Act 2017 for the financial years 2017-18 , 2018-19, 2019-20, 2020-21, 2021-22 or 2022-23 GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS Notification No. 08/2025 – CENTRAL TAX New Delhi, dated the …

Revision application u/s 108 of UPGST Act 2017 can not be declined on the ground that remedy of appeal is available In a recent judgment, Allahabad High Court has held that sub section (2) of section 108 of CGST Act 2017 does not imply that first of all …

Guidance for application of the Principal Purpose Test (PPT) under India’s Double Taxation Avoidance Agreements CBDT has issued Circular No. 1/2025 dated 21.01.2025 as Guidance for application of the Principal Purpose Test (PPT) under India’s Double Taxation Avoidance Agreements The Multilateral Convention to Implement Tax Treaty Related Provisions …