Taxpayers Risk Paying Twice: Expert Flags TDS Credit Anomalies in New Income Tax Act The article highlights expert concerns regarding anomalies in the new Income Tax Act that could force taxpayers to pay tax twice due to systemic failures in claiming Tax Deducted at Source (TDS) credit. Key Issues Flagged by Experts TDS… Read More »
CBIC Extends Timeline for Sea Cargo Manifest and Transhipment Regulations (SCMTR) The Central Board of Indirect Taxes and Customs (CBIC) has issued Circular No. 25/2025-Customs to clarify and extend the implementation timeline for the Sea Cargo Manifest and Transhipment Regulations (SCMTR), 2018. Key Implementation Updates and Extension Sea Arrival and Departure Manifests Operational:… Read More »
Income Tax Search Conducted at Go Fashion (Go Colors) Offices and Premises The Income Tax Department initiated a search operation across the premises of Go Fashion (India) Ltd., the company that owns and operates the women’s wear brand ‘Go Colors’. Key Details of the Incident Action Taken: The Income Tax Department conducted… Read More »
Assets under Management (AUM) of NPS and APY cross ₹16 lakh crore mark Subscriber base of NPS and APY surpasses 9 crores Posted On: 09 OCT 2025 7:46PM by PIB Delhi The combined Assets Under Management (AUM) of the National Pension System (NPS) and Atal Pension Yojana (APY) have crossed the ₹16 lakh crore mark… Read More »
Important Income Tax Case Law 08.10.2025 Section Case Law Title Brief Summary Citation Relevant Act 4 Deputy Commissioner of Income-tax v. Aarti Industries Ltd. Status Holder Incentive Scrips (SHIS) subsidy and fertilizer subsidy were capital receipts and not chargeable to tax. Click Here The Income-Tax Act, 1961 12AA Advantage India v. Principal Commissioner of… Read More »
A technical glitch on the GST portal cannot be a reason to deny a taxpayer their rightful Input Tax Credit (ITC) re-credit; the department must do it manually if needed. Issue Can the GST department refuse to re-credit an adjusted refund amount back into a taxpayer’s ITC ledger by citing “technical limitations” on the GST… Read More »
Transfer pricing audit report in form 3CEB (Hindi) फॉर्म 3CEB का उद्देश्य [00:03]: यह वीडियो फॉर्म 3CEB में ट्रांसफर प्राइसिंग ऑडिट रिपोर्ट के बारे में है। यह फॉर्म उन करदाताओं को दाखिल करना आवश्यक है जो किसी अंतर्राष्ट्रीय लेनदेन (International Transaction) या कुछ विशिष्ट घरेलू लेनदेन (Specified Domestic Transaction) में एक संबद्ध उद्यम (Associated Enterprise)… Read More »
How to register on e-Filing Portal for a Tax Collector/Tax Deductor? Purpose [00:03]: This video explains the registration process for a Tax Deductor or Tax Collector on the e-filing portal. Availability [00:10]: Registration on the e-filing portal is a pre-login service available to all Tax Deductors or Tax Collectors who wish to access the portal.… Read More »
Portal Login For Taxpayers Purpose [00:03]: This video explains the various ways taxpayers can log in to the e-filing portal to access all available services. General Login Steps [00:44]: Go to the e-filing homepage and click “Login.” Enter your User ID (PAN or Aadhaar) and click “Continue.” Enter your password and click “Continue.” Login Methods:… Read More »
How to Reset Password? Purpose [00:03]: This video demonstrates how to reset your e-filing portal password if you forget it or don’t know it for any reason. Three Methods to Reset Password [00:16]: Using OTP on Aadhaar-registered mobile number. Using OTPs on mobile number and email ID registered with the e-filing portal. Using a Digital… Read More »