No GST on leasing out residential premises as hostel for students: SC
 NEW DELHI: The Supreme Court on Thursday held that leasing out of residential premises to an entity which is …
updates
31st December 2025 – Last Date to Claim Income Tax Refund
Every year, lakhs of taxpayers forget or delay filing their Income Tax Return (ITR). But under the Income-tax Act, the …
Allahabad HC slams GST authorities for cancelling registration without assigning reasons
Prayagraj (UP), The Allahabad High Court has come down heavily on GST authorities for passing frequent orders for the cancellation …
ITR refunds: What’s causing the delay? CBDT chairman shares update
The Central Board of Direct Taxes (CBDT) chairman on Monday shared an important update regarding the delays in income tax …
Income Tax dept identifies cases of non-disclosure of foreign assets in ITRs, to start sending SMS/emails
https://x.com/IncomeTaxIndia/status/1993946963663049160 The Income Tax department on Thursday said it has identified “high-risk” cases where individuals have not reported foreign assets …
Important Due Dates in December 2025 – GST, Income tax, ITR, MCA
December is one of the most important compliance months because it includes the 3rd Advance Tax instalment, monthly GST returns, and year-end filings …
New Changes from 1st December 2025 in GST & Income Tax which you must know
As new year 2026 is going to start soon and this is end month of year 2025 new compliances are …
New Income Tax Rates for Individuals, HUF, Firms, Companies & Co-ops FY 2025-26 & AY 2026-27
The Income-tax framework for Assessment Years 2025-26 and 2026-27 incorporates several slab-wise rates, surcharge provisions, cess applicability, and special tax …
Exclusive: MCA plans to exempt firms up to Rs 1 crore turnover from statutory audit
The Ministry of Corporate Affairs (MCA) is likely to exempt companies with annual turnover of up to Rs 1 crore …
Supreme Court caps TDS on foreign remittances at 10%, says Income Tax Act cannot override DTAA
New Delhi: The Supreme Court on Tuesday clarified that tax deduction at source on remittances to non-resident entities cannot exceed …
