• October 4, 2025

Praveen Kumar Bansal – [2025] 178 taxmann.com 742 (Article) I. Introduction: The Income Tax Appellate Tribunal (“ITAT”) was constituted on 25.01.1941 by virtue of section 5A of the Income Tax Act, 1922. The intention behind establishing the ITAT was to deliver impartial, easy and speedy justice. Hence, ‘Nishpaksh Sulabh Satvar Nyay’ was adopted as the […]

• October 3, 2025

Case Details : Anuvu UK Operations Ltd. vs. Assistant Commissioner of Income-tax, (International Taxation) - [2025] 178 taxmann.com 455 (Delhi - Trib.) Judiciary and Counsel Details Vikas Awasthy, Judicial Member Naveen Chandra, Accountant Member Ravi Sharma and Shruti Khimta, Advs. for the Appellant & Ms. Anjula Jain, CIT(DR) for the Respondent. Facts of the Case The assessee, a […]

• October 2, 2025

CA Bhawna Grover – [2025] 178 taxmann.com 655 (Article) 1 Introduction Debentures remain a widely used instrument for raising long-term funds, offering companies flexibility in structuring financing and providing investors with steady returns. However, the accounting and disclosure requirements around debentures are detailed and vary depending on whether a company reports under Accounting Standards (AS), Indian […]

• October 1, 2025

Case Details  : Hitachi Energy India Ltd. vs. Union of India - [2025] 178 taxmann.com 401 (Gujarat) Judiciary and Counsel Details Bhargav D. karia & Pranav Trivedi, JJ Anand Nainawati, Adv. for the Petitioner. CB Gupta, Adv. for the Respondent. Facts of the Case The petitioner filed a refund claim under the category ‘Export of Goods/Services […]

• September 30, 2025

Press Release: 2025-2026/1165, Dated 25.09.2025 1. Introduction The Reserve Bank of India (RBI) has issued the Authentication Mechanisms for Digital Payment Transactions Directions, 2025, setting a comprehensive framework to strengthen the security of digital payments in India. These directions build upon the earlier draft proposals on alternative authentication mechanisms and the additional factor of authentication […]

• September 29, 2025

Details : ​​ Publish Date : Thursday, September 25, 2025 Attachments : 1. https://incometaxindia.gov.in/Lists/Press Releases/Attachments/1230/Press-Release-CBDT-extends-specified-date-for-filing-report.pdf source

• September 28, 2025

Publish Date : Monday, September 22, 2025 source

• September 28, 2025

Publish Date : Monday, September 22, 2025 source

• September 28, 2025

GSTN Advisory, Dated 25-09-2025 1. Introduction The Goods and Services Tax Network (GSTN) has issued an advisory to remind taxpayers about the three-year time limit for filing GST returns. This rule, introduced by the Finance Act, 2023 and brought into effect from 1 October 2023 through Notification No. 28/2023 – Central Tax, has important implications […]