FAQs on Notification No. 38/2025 [F. No 370142/11/2025-TPL] / SO 1838(E) Q1. What is section 37 of the Income-tax Act, 1961 (‘the Act’)? Ans. Section 37 of the Act provides for allowability of expenditure laid out or expended wholly and exclusively for the purpose of business or profession. Q2. What is Explanation 1 of sub-section… Read More »
CBDT releases FAQs on Notification No. 36/2025 [F. No. 370142/11/2025-TPL] / SO 1825(E FAQ Q.1 What changes were brought in section 206C(1F) of the Income Tax Act, 1961 through Finance (No. 2) Act, 2024? Ans. Earlier, Section 206C(1F) provided for collection of tax at source (TCS) on sale of motor vehicle of value exceeding ten… Read More »
ITR FILING AY 2025-26 ! NEW CHANGE ! MANDATORY FOR EVERY PERSON SELLING PROPERTY INDIA ! INCOME TAX
GSTAT FORM 04 Memorandum of appearance before GST Appellate Tribunal GSTAT FORM-04 (see rule 72) Memorandum of appearance To The Registrar, The Goods and Services Tax Appellate Tribunal In the matter of …………. Petitioner. Vs. ………………..Respondent (Appeal No. ………of 20………) Sir, Please take notice that I, …….., authorised representative/ practising Chartered Accountant/practising Cost Accountant/ legal… Read More »
Goods and Services Tax Appellate Tribunal (Procedure) Rules, 2025 MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 24th April, 2025 **G.S.R. 256(E).—**In exercise of the powers conferred by section 111 of the Central Goods and Services Tax Act, 2017 (12 of 2017), the Goods and Services Tax Appellate Tribunal hereby makes the following… Read More »