Clipped from: https://www.businesstoday.in/personal-finance/tax/story/gstr-9-just-got-easier-heres-whats-new-in-itc-reporting-and-why-it-matters-for-fy25-494698-2025-09-19 As per the latest notification, GSTR-9’s Table 6 now includes new rows A1 and A2 under Part III, allowing taxpayers to clearly distinguish
*Top five changes in income tax audit form 3CD for AY 2025-26; Check details – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/top-five-changes-in-income-tax-audit-form-3cd-for-ay-2025-26-check-details/articleshow/124012292.cms September 30, 2025, is the deadline for for eligible taxpayers. including certain individuals, to submit their income tax audit reports. Just to give you a
*****HRA Claim Restricted to 50% as Rent Agreement in Joint Name with Brother, rules ITAT Despite Assessee Bearing Entire Rent [Read Order]
Clipped from: https://www.taxscan.in/top-stories/hra-claim-restricted-to-as-rent-agreement-in-joint-name-with-brother-rules-itat-despite-assessee-bearing-entire-rent-1432977 Despite the assessee’s submission that the entire rent of ₹1,26,500 was paid by him and that his brother had not claimed any HRA
Tax Talk: Errors in ITR? Revise, rectify or update – Money News | The Financial Express
lipped from: https://www.financialexpress.com/money/tax-talk-errors-in-itr-revise-rectify-or-update-3983223/ Discover the simple ways to correct errors in your Income Tax Return (ITR). This article explains three key mechanisms: filing a revised return,
Your Income Tax Queries: Gifts, property, and capital gains explained – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/your-income-tax-queries-gifts-property-and-capital-gains-explained-3983187/ Have questions about income tax? We break down key tax rules on topics like gifting money to a spouse, TDS on property purchases,
Notice u/s 148 Held Time-Barred: ITAT quashes Income Tax Reassessment Proceedings as Void [Read Order]
Clipped from: https://www.taxscan.in/top-stories/notice-us-148-held-time-barred-itat-quashes-income-tax-reassessment-proceedings-as-void-1432853 The Tribunal observing that the statutory deadline under Section 149 had already lapsed on March 31, 2022, found the reassessment notice issued on
New chapter in bankruptcy law – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/new-chapter-in-bankruptcy-law/article70062483.ece IBC (Amendment) Bill corrects judicial deviations, restores creditor hierarchy and disciplines liquidation If constitutional courts rule timelines to be directory, the original purpose of
India must invest in sovereign data infra, AI skilling for a new economy | Editorial Comment – Business Standard
Clipped from: https://www.business-standard.com/opinion/editorial/india-must-invest-in-sovereign-data-infra-ai-skilling-for-a-new-economy-125091701447_1.html NITI Aayog projects AI could add up to $1 trillion to India’s GDP by 2035, but success depends on sovereign infrastructure, skilling, and
Govt notifies revised CGST rate schedules, effective September 22 | Economy & Policy News – Business Standard
Clipped from: https://www.business-standard.com/economy/news/govt-notifies-revised-cgst-rate-schedules-effective-september-22-125091701361_1.html The Finance Ministry has notified revised CGST schedules covering seven categories of goods, effective September 22, with States set to issue matching SGST
GST reforms infused ₹2 trillion in Indian economy: Nirmala Sitharaman | Economy & Policy News – Business Standard
Clipped from: https://www.business-standard.com/economy/news/gst-reforms-infused-2-trillion-in-indian-economy-nirmala-sitharaman-125091700488_1.html The finance minister also said the GST revenues grew to ₹22.08 trillion in 2025 from when it was introduced Sitharaman will also attend
No GST on insurance a loss for policyholders? What the math shows | Personal Finance – Business Standard
Clipped from: https://www.business-standard.com/finance/personal-finance/no-gst-on-insurance-a-loss-for-policyholders-what-the-math-shows-125091700975_1.html Policyholders will pay no GST on health and life premiums from September 22, but insurers lose the ability to claim tax credit on
Irdai Chairman Ajay Seth launches Bima Sugam India Federation website | Insurance News – Business Standard
Clipped from: https://www.business-standard.com/finance/insurance/irdai-chairman-ajay-seth-launches-bima-sugam-india-federation-website-125091701252_1.html The website was launched in the presence of industry CEOs, senior IRDAI officials, and the Bima Sugam leadership team at the IRDAI headquarters
OTS scheme not a borrower’s right without upfront payment: Supreme Court | Industry News – Business Standard
Clipped from: https://www.business-standard.com/industry/news/ots-scheme-not-a-borrower-s-right-without-upfront-payment-supreme-court-125091701267_1.html Apex court rules SBI justified in rejecting OTS plea for non-compliance with 5% deposit condition Allowing SBI’s appeal, the apex court held that
*****CBDT issues SOP to track capital gains from JDAs, reports due Oct 31 | Industry News – Business Standard
lipped from: https://www.business-standard.com/industry/news/cbdt-sop-capital-gains-jda-october-deadline-125091701218_1.html CBDT has issued an SOP for field officers to track capital gains from JDAs using RERA data, cross-checking with ITRs and requiring reports
*****ITR deadline gone: How a slight mismatch can lead to tax notices; key things to note – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/itr-deadline-gone-how-a-slight-mismatch-can-lead-to-tax-notices-key-things-to-note-494372-2025-09-17 Even small mistakes in your Income Tax Return (ITR), like missing a few thousand rupees of interest income, can trigger a notice from
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