HC Rejects Plea to Include Petrol in GST, Citing Policy Prerogative of Council. Issue Can a High Court issue a writ of mandamus to compel the GST Council to determine and fix a specific date for the inclusion of petroleum products (petrol and diesel) within the Goods and Services Tax (GST) regime? Facts Public Interest… Read More »
HC Quashes Composite GST Order, Mandates Separate Assessment for Each Tax Period. Issue Whether a single, composite show-cause notice or assessment order can be legally issued under the GST Act to cover multiple, distinct tax periods (such as different financial years), or if separate proceedings are required for each period. Facts The petitioners challenged assessment… Read More »
Notification u/s 10(46A) of the Income Tax Act, 1961 in the case of Rajasthan State Seed and Organic Certification Agency MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 15th October, 2025 S.O. 4679(E).— In exercise of the powers conferred by sub-clause (b) of clause (46A) of section 10… Read More »
Notification u/s 10(46A) of the Income Tax Act, 1961 in the case of Chennai Metropolitan Water Supply and Sewerage Board MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 15th October, 2025 S.O. 4678(E).— In exercise of the powers conferred by sub-clause (b) of clause (46A) of section 10… Read More »
ITR Refund processing! Reason for not processing ITR ! Income Tax latest update
Notification u/s 10(46A) of the Income Tax Act, 1961 in the case of UP Awas Evam Vikas Parishad MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 15th October, 2025 S.O. 4680(E).— In exercise of the powers conferred by sub-clause (b) of clause (46A) of section 10 of the… Read More »
GST 2.0: Car Sales Surge, But Food and Medicine Price Cuts Still Missing A survey indicates that the Goods and Services Tax (GST) 2.0 rate rationalization successfully boosted sales in the automobile sector during the festive season, but the intended price benefits for daily essentials like food and medicines remain largely elusive for consumers. Key… Read More »
Policybazaar Sees Record Surge in Traffic Post-GST Insurance Reforms The article reports that the recent Goods and Services Tax (GST) rate reforms on insurance premiums led to a record-breaking surge in consumer traffic and engagement on the online insurance platform, Policybazaar. Key Impact Metrics Record Traffic: Policybazaar witnessed its highest-ever single-day traffic and conversion rates… Read More »
MCA Extends Deadline for DIR-3 KYC Filings The Ministry of Corporate Affairs (MCA) has announced an extension for the filing deadline of the annual KYC forms for directors, specifically DIR-3 KYC and the related web-form DIR-3 KYC-WEB. Key Details of the Extension Forms Covered: DIR-3 KYC (for directors who need to update personal details) and… Read More »
Annual GST Filing Enabled: GSTR-9 and GSTR-9C Now Open for FY 2024-25 The GST Network (GSTN) has activated the filing facility for the Annual Return (GSTR-9) and the Reconciliation Statement (GSTR-9C) for the Financial Year 2024-25. Key Filing Details Financial Year: The filing pertains to FY 2024-25. Filing Enabled: Taxpayers can now access the functionality… Read More »