GSTR-1 Filing Changes May 2025: HSN Table 12 Now Split Into B2B and B2C from May 2025
In accordance with Notification No. 78/2020 – Central Tax dated 15th October 2020, the GST Network (GSTN) has been gradually …
Pooja Gupta
Breaking: CBDT Extends ITR Filing Deadline for AY 2025–26
The Central Board of Direct Taxes (CBDT) has announced an important extension for filing Income Tax Returns (ITRs) for the …
ITR Filing Begins Soon: 10 Things You MUST Do Before Filing
The Income Tax Department has notified the ITR forms for Financial Year 2024–25 (Assessment Year 2025–26) this year, in May 2025. …
GST council to meet soon to discuss rate rationalisation, compensation cess future
New Delhi, The GST Council is likely to meet soon to discuss rate simplification and rationalisation and the future of …
SC rejects finance ministry’s plea against input tax credits for commercial rentals
The Supreme Court has rejected the finance ministry’s petition seeking a review of its October judgement, which allowed real estate …
Why ITR Filing for AY 2025–26 Is Delayed: 7 Key Reasons You Should Know
The Income Tax Return (ITR) filing season for the Assessment Year 2025–26 (Financial Year 2024–25) has not yet fully begun, …
Supreme Court allows 10% GST appeal pre-deposit via credit ledger in major relief for businesses
In a matter that will have huge implications for businesses across the country, the Supreme Court on Monday upheld a …
Big Update! New ITR-U Form 2025 Allows 4-Year Old Returns
The new ITR-U form notified via the latest CBDT notification reflects significant changes that allow taxpayers to file updated returns …
Income tax on gifted property: NRI stepbrother to pay zero income tax on Rs 7.5 crore property
The Income Tax Appellate Tribunal (ITAT) Mumbai recently exempted an NRI step-brother from paying any income tax after the tax …
9 changes in ITR-1, ITR-2, ITR-3, ITR-4 you need to know for FY 2024-25 (AY 2025-26) income tax return filing
The Income Tax Department has notified the income tax return forms for FY 2024-25 (AY 2025-26), incorporating the changes in …
