Income-tax Exemption Notification for Haryana Shehri Vikas Pradhikaran (HUDA) for Assessment Year 2024-25 MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 25th March, 2026 S.O. 1576(E).— In exercise of the powers conferred by sub-clause (b) of clause (46A) of section 10 of the Income-tax Act, 1961 (43 of… Read More »
Income-tax Exemption Notification for Varanasi Development Authority Under Section 10(46A) for Assessment Year 2025-26 MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 25th March, 2026 S.O. 1578(E).— In exercise of the powers conferred by sub-clause (b) of clause (46A) of section 10 of the Income-tax Act, 1961 (43… Read More »
Income-tax Exemption Notification for Patiala Urban Planning and Development Authority (Assessment Year 2024-25) MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 25th March, 2026 S.O. 1577(E).— In exercise of the powers conferred by sub-clause (b) of clause (46A) of section 10 of the Income-tax Act, 1961 (43 of… Read More »
CBDT Notification Exempting Specified Income of Visakhapatnam Special Economic Zone Authority Under Section 10(46) MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 25th March, 2026 S.O. 1579(E).— In exercise of the powers conferred by clause (46) of section 10 of the Income-tax Act, 1961 (43 of 1961), the… Read More »
RBI, IRDAI and SEBI Intensify Measures to Help Citizens Reclaim Unclaimed Deposits Simplified claim processes, digital portals and regulatory reforms enhance access, transparency and faster claim settlement Unclaimed financial assets amounting to ₹5,777 crore returned across 22.95 lakh claims under “आपकी पँजूी, आपका अधिकार – Your Money, Your Right” nationwide campaign Posted On: 24 MAR… Read More »
RBI Strengthens Framework on Unauthorised Electronic Banking Transactions Revised RBI Instructions introduce compensation mechanism, expand AI-driven fraud analytics and reinforce safeguards against mule accounts and cyber fraud, along with financial literacy drives Posted On: 24 MAR 2026 4:07PM by PIB Delhi The Reserve Bank of India (RBI) had issued the extant instructions on limiting liability… Read More »
IMPORTANT GST CASE LAWS 25.03.2026 Relevant Act Section Case Law Title / Authority Brief Summary Citation CGST Act, 2017 Section 11 Board of Secondary Education Rajasthan, In re Services like printing exam materials, online form filling, and result processing are exempt. The Board qualifies as an “educational institution” for the limited purpose of conducting exams.… Read More »
Restoration of Suspended Registration and Stay on Recovery (Section 29/79) Facts The Action: The GST Department suspended the Petitioner’s registration under Section 29 following the issuance of a Show Cause Notice (SCN). Consequential Measures: Along with the suspension, the Department issued a recovery notice and provisionally attached the Petitioner’s bank account to secure potential tax… Read More »
Presence of Betel Nut (Supari) without Tobacco/Lime triggers the “Supari” classification. The Products: Variants like Paan Kapsul, Silver Coated, Regular, and Rose. The Composition: A mixture of gulkand, raw supari (betel nut), sugar syrup, aniseeds, and menthol, packed in edible plant-fibre capsules. The Legal Logic: * Supplementary Notes to Chapter 21 define “Supari” as a… Read More »
Portal Uploading is Valid, but Officers Must Use Alternate Modes (like RPAD) if the Taxpayer Does Not Respond. Facts The Notice: The GST Department uploaded a Show Cause Notice (SCN) only on the GST Portal. The Taxpayer’s Stand: The Petitioner claimed they had no knowledge of the notice as it was not served through any… Read More »