CBDT widens the TCS net on sale of ten high priced goods of the value exceeding ten lakh rupees w.e.f. 22.04.2025 Section Section 206C of the Income Tax Act, 1961, pertains to the Tax Collected at Source (TCS). It mandates certain sellers to collect tax from buyers at …

All banks to migrate their existing domains to the ‘.bank.in’ latest by 31.10.2025 RBI has issued a Circular setting a deadline of October 31, 2025 for banks to migration of their existing domains to the ‘.bank.in’. In its Statement on Developmental and Regulatory Policies, RBI inter alia set …

Income Tax Return filed after death of the deceased can not be ignored for arriving at amount of compensation under Motor Vehicles Act  In a recent judgment, the Hon’ble Supreme Court has held that Income Tax Return of the financial year in which accident took place but filed …

CBIC tweaks Guidelines in view of “Certificate of Origin” replaced by “Proof of Origin” Term “Proof of Origin” now covers both Certificate of Origin issued by designated issuing authority and self declarations made by eligible exporters, producers etc. CBIC vide Circular No. 38/2020 dated 21.08.2020 issued Guidelines regarding …

Mr. Manan Kumar Mishra, elected Chairman of the Bar Council of India  Bar Council of India Notification New Delhi, the 21st April, 2025 F. No. BCI:D: 2767/2025.—Extract of the minutes of the meeting of the General Council of the Bar Council of India, which was held on Sunday, …

There is a need to impose time limit on oral submissions in Arbitration cases – SC In a recent judgment, the Hon’ble Supreme Court had observed that there is a need to impose time limit on oral submissions in Arbitration cases so that Higher Courts be in a …