Central Government notifies Finance Act, 2025: Key Updates Here
The Ministry of Law and Justice has officially notified the Finance Act 2025. It introduces major changes to income tax rates for the financial year...
![Budget 2024: 10% TDS on Firm to Partner Payments under New Section 194T [Read Bill]](https://www.taxscan.in/wp-content/uploads/2024/07/Budget-2024-TDS-Firm-Partner-Payments-New-Section-194T-taxscan.jpg "Budget 2024: 10% TDS on Firm to Partner Payments under New Section 194T [Read Bill]")
Budget 2024-25: Important Customs Law and Duty Rate Revisions for Importers and Exporters to Look Out For [Read Bill]
Union Finance Minister Nirmala Sitharaman presented the 2024-25 budget before Parliament today. The Finance Minister announced that the central government will develop an economic policy framework...
![Budget 2024-25: Important Customs Law and Duty Rate Revisions for Importers and Exporters to Look Out For [Read Bill]](https://www.taxscan.in/wp-content/uploads/2024/07/Budget-2024-budget-24-Budget-2024-coverage-Union-Budget-2024-Budget-2024-tax-changes-Customs-duty-rate-import-export-Customs-Law-and-Duty-Rate-Revisions-Revisions-for-Importers-and-Exporters-taxscan.jpg "Budget 2024-25: Important Customs Law and Duty Rate Revisions for Importers and Exporters to Look Out For [Read Bill]")
[BREAKING] GST Demand Notices to be Issued under newly Inserted Sec. 74A Starting FY 2024-25 for 'Any Reason': Finance Bill 2024 [Read Bill]
The budget 2024 was presented by the Finance Minister Nirmala Sitharaman on 23rd july 2024. The Finance Bill 2024 is out now and it has inserted a new provision of 74A under GST Act ( Goods and...
![[BREAKING] GST Demand Notices to be Issued under newly Inserted Sec. 74A Starting FY 2024-25 for Any Reason: Finance Bill 2024 [Read Bill]](https://www.taxscan.in/wp-content/uploads/2024/07/GST-Demand-Notices-Sec.-74A-Finance-Bill-2024-TAXSCAN.jpg "[BREAKING] GST Demand Notices to be Issued under newly Inserted Sec. 74A Starting FY 2024-25 for Any Reason: Finance Bill 2024 [Read Bill]")
Deletion of Addition u/s 14A of Income Tax Act: Allahabad HC dismisses Revenue Dept’s Appeal [Read Order]
The Allahabad High Court has upheld the decision of the Income Tax Appellate Tribunal ( ITAT ) to delete additions made under Section 14A of the Income Tax Act. The court dismissed the appeal filed...
![Deletion of Addition u/s 14A of Income Tax Act: Allahabad HC dismisses Revenue Dept’s Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/06/Deletion-of-Income-Tax-Act-Allahabad-HC-Revenue-Appeal-taxscan.jpg "Deletion of Addition u/s 14A of Income Tax Act: Allahabad HC dismisses Revenue Dept’s Appeal [Read Order]")
Colourable Devices not Allowed in Tax Planning: Telangana HC upholds GAAR Action on Bonus Stripping Transactions [Read Order]
The Telangana High Court, in its landmark ruling upheld the General Anti-Avoidance Rules ( GAAR ) action on Bonus stripping transactions on shares by the revenue. The court has dismissed a writ...
