Advance Tax Deadline for FY 2025-26 Falls on June 15, Mandatory for those with Tax due Over Rs. 10,000
Attention readers, at 11:04 AM today, the Income Tax Department, through its Twitter handle, reminded taxpayers that the deadline for the first...
![Madhya Pradesh Govt Notifies Deemed Assessment Scheme for VAT and Fuel Cess Cases for FY 2023–24 [Read Notification]](https://images.taxscan.in/h-upload/2025/06/09/250x150_2041864-madhya-pradesh-govt-deemed-assessment-scheme-vat-fuel-cess-case-txascan.webp "Madhya Pradesh Govt Notifies Deemed Assessment Scheme for VAT and Fuel Cess Cases for FY 2023–24 [Read Notification]")
![Delhi HC upholds Income Addition deleted by CIT(A) based on True Disclosure by Asseessee [Read Order]](https://images.taxscan.in/h-upload/2025/06/09/250x150_2041772-income-addition-delhi-hc-upholds-cita-taxscan.webp "Delhi HC upholds Income Addition deleted by CIT(A) based on True Disclosure by Asseessee [Read Order]")
Non-Disclosure of Related Party Transactions in Board Report violates S. 134(3)(h): MCA Imposes ₹4 Lakh Penalty [Read Order]
The Ministry of Corporate Affairs ( MCA ) has imposed a monetary penalty of ₹4,00,000 on BI Minning (India) Private Limited and its directors in default for failing to disclose particulars of related...
![Non-Disclosure of Related Party Transactions in Board Report violates S. 134(3)(h): MCA Imposes ₹4 Lakh Penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/MCA-site-img-1.jpg "Non-Disclosure of Related Party Transactions in Board Report violates S. 134(3)(h): MCA Imposes ₹4 Lakh Penalty [Read Order]")
Failure to Address Auditor’s Remarks in Board Reports: MCA imposes Penalty of Rs. 3 lakhs on Company and Directors
In the adjudication passed by the Ministry of Corporate Affairs (MCA) Registrar of Companies under Section 454 of the Companies Act, 2013, a total penalty of Rs. 3.5 lakhs was imposed on a company...
GoM considering lowering GST on Farm Equipment and Inputs: FM Nirmala Sitharaman during Finance Bill 2025 Discussion
Finance Minister Nirmala Sitharaman tabled the Finance Bill 2025 in the Lok Sabha on Tuesday (25 March 2025). Following extensive deliberations, the lower house of Parliament passed the Bill, marking...
![Non-Payment of Advance Tax by Senior Citizen: ITAT Sets Aside CIT(A) Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/ITAT-ITAT-Pune-Senior-Citizen-CITA-Order-Non-Payment-of-Advance-Tax-Taxscan.jpg "Non-Payment of Advance Tax by Senior Citizen: ITAT Sets Aside CIT(A) Order [Read Order]")
