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ICAI Requests Clarification on GST Appeal Jurisdiction
Clipped from: https://taxguru.in/goods-and-service-tax/icai-requests-clarification-on-gst-appeal-jurisdiction.html This letter from the Institute of Chartered Accountants of India (ICAI) to the Central Board of Indirect Taxes & Customs (CBIC) outlines concerns
ICAI: Suggestions To Enhance Efficacy of GST Adjudication
Clipped from: https://taxguru.in/goods-and-service-tax/icai-suggestions-enhance-efficacy-gst-adjudication.html The Institute of Chartered Accountants of India (ICAI) has identified several issues in the GST adjudication process. These include the last-minute issuance of
ICAI’s Suggestions on Practical Issues in GST
Clipped from: https://taxguru.in/goods-and-service-tax/icais-suggestions-practical-issues-gst.html The Institute of Chartered Accountants of India (ICAI), a statutory body established by an Act of Parliament, has identified and proposed solutions for
Transferring to wife’s account = Tax savings or trap? The taxman may still bill you – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/transferring-to-wifes-account-tax-savings-or-trap-the-taxman-may-still-bill-you-494263-2025-09-16 “Can I transfer money to my wife’s account and save tax?” is a question many taxpayers ask. At first glance, it looks like
Post ITR filing guide: What taxpayers should do after September 16 deadline – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/itr-deadline-2025-refund-e-verification-belated-filing-penalties-494281-2025-09-16 After completing your tax payment for ITR 2025, it’s important to confirm that the transaction was successful. The e-filing portal provides a Challan
ITAT Delhi Quashes Assessments Due to Invalid Section 153D Approval
Clipped from: https://taxguru.in/income-tax/itat-delhi-quashes-assessments-due-invalid-section-153d-approval.html Dheeraj Chaudhary Vs ACIT (ITAT Delhi) Split Bench, But Majority Wins: ITAT Delhi Quashes 153A Assessments– Omnibus 153D Approval Found Mechanical- Safeguard, Not
Madras HC Nixes Reassessment: Change of Opinion Cannot Justify Reopening
Clipped from: https://taxguru.in/income-tax/madras-hc-nixes-reassessment-change-opinion-justify-reopening.html PCIT Vs Ramanathan Adaikalavan (Madras High Court) The Madras High Court dismissed the appeal of the Revenue & upheld the ITAT’s order quashing
House property received by an individual as a gift is taxable in these situations – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/house-property-received-by-an-individual-as-a-gift-is-taxable-in-these-situations/articleshow/123893168.cms ET OnlineHouse property received by an individual as a gift is taxable in these conditions (representative image) When a parent gifts their property
Online dispute resolution: The tech-law balance – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/online-dispute-resolution-the-tech-law-balance/article70034731.ece ODR must be embedded within a robust legal and regulatory framework to make it credible and accountable A legal framework for online dispute
Reforming insolvency – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/reforming-insolvency/article70037811.ece IBC (Amendment) Bill addresses pain points IBC: A work in progress | Photo Credit: Akhilesh The Insolvency and Bankruptcy Code (Amendment) Bill, 2025,
Real-time payment data in GSTN, a must – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/real-time-payment-data-in-gstn-a-must/article70038659.ece It will check payment indiscipline — checking revenue loss through evasion, and aiding MSMEs and the business ecosystem India’s GST 2.0 reforms aim
This tax saving tool can cut lakhs, unless you make this one mistake with your own money – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/this-tax-saving-tool-can-cut-lakhs-unless-you-make-this-one-mistake-with-your-own-money-493662-2025-09-12 If you use your personal income or savings to fund it, clubbing rules under Section 64(2) kick in. Any income generated from those