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RBI Directs KYC Reforms in Finance Sector for Persons With Disabilities: Follows Supreme Court Mandate in Pragya Prasun & Amar Jain [Read Notification]

RBI Directs KYC Reforms in Finance Sector for Persons With Disabilities: Follows Supreme Court...

Avinash Kurungot
GAIL Faces ₹21.83 Lakh Customs Penalty and Fine Over Denial of Concessional Duty on Imports

GAIL Faces ₹21.83 Lakh Customs Penalty and Fine Over Denial of Concessional Duty on Imports

Kavi Priya
Income Tax Appeal cannot merely File due to exceeding Monetary limit: Chhattisgarh HC [Read Order]

Income Tax Appeal cannot merely File due to exceeding Monetary limit: Chhattisgarh HC [Read Order]

Yogitha S. Yogesh
Income Tax Filing 2025: How to File ITR- 4, All that you need to Know

Income Tax Filing 2025: How to File ITR- 4, All that you need to Know

Navasree A.M

Vedanta’s Bharat Aluminium Company Hit with ₹1.03 Crore Income Tax Penalty

Vedanta Limited has announced that its subsidiary Bharat Aluminium Company Limited (BALCO) has received an income tax penalty order amounting to 1.03 crore rupees. The penalty has been imposed by...

Vedanta’s Bharat Aluminium Company Hit with ₹1.03 Crore Income Tax Penalty
Kavi Priya

Common reasons for ITR-V rejection and How to Re-file

ITR-V is the one-page verification that proves you have confirmed your ITR. Rejection of ITR-V does not mean the contents of your tax return were rejected. It means your verification was not...

Common reasons for ITR-V rejection and How to Re-file
Kavi Priya

Finance Ministry Revises Customs Tariff Values for Palm Oil, Soybean Oil, Gold, Silver, and Areca Nuts [Read Notification]

The Central Board of Indirect Taxes and Customs (CBIC) under the Ministry of Finance issued Notification No. 50/2025-Customs (N.T.) dated August 14, 2025, revising the tariff values for imported...

Finance Ministry Revises Customs Tariff Values for Palm Oil, Soybean Oil, Gold, Silver, and Areca Nuts [Read Notification]
Kavi Priya

CBDT amends Income Tax Rules to Include ‘Block Period’ in Demand Notice Format

The Central Board of Direct Taxes (CBDT) under the Ministry of Finance issued Notification No. G.S.R. 553(E) dated August 14, 2025, announcing the Income-tax (Twenty-First Amendment) Rules, 2025. ...

CBDT amends Income Tax Rules to Include ‘Block Period’ in Demand Notice Format
Kavi Priya

NCLT Order Lacked Reasons or Analysis Despite ‘Analysis and Findings’ Heading: NCLAT Sets Aside Order [Read Order]

The National Company Law Appellate Tribunal (NCLAT) set aside an order of the National Company Law Tribunal (NCLT), Kolkata Bench, which had appointed an independent scrutinizer to examine the results...

NCLT Order Lacked Reasons or Analysis Despite ‘Analysis and Findings’ Heading: NCLAT Sets Aside Order [Read Order]
Kavi Priya

Evolution of India’s Tax Rates Since Independence

Introduction Taxation in India has been on quite a journey since Independence. Its early years were characterized by a strong emphasis on steep rates intended for redistribution in an effort to...

Evolution of India’s Tax Rates Since Independence
Adwaid M S

How to Declare Income from House Property in ITR-1: ICAI Guide

ITR-1 (Sahaj) allows you to report income from only one house property either self-occupied, let-out, or deemed let-out (with restrictions). If you own more than one property, you must file ITR-2. ...

How to Declare Income from House Property in ITR-1: ICAI Guide
Navasree A.M

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