Note on Electronic Filing of Declaration for Specified Premises on GST Portal Pursuant to Notification No. 05/2025 – Central Tax (Rate) dated 16th January 2025, the facility for filing declarations for declaring hotel accommodation premises as “Specified Premises” has now…
The Supreme Court of India recently delivered a significant ruling that underscores the sanctity of procedural safeguards in faceless tax assessments under Section 151A of the Income-tax Act, 1961. In the case of ADIT (International Taxation) 2, Hyderabad & Anr….
Many income tax assessees are currently receiving emails from the Income Tax Department with the subject line or message: “Rectification rights in your case for AY 2022-23 have been transferred to the Jurisdictional Assessing Officer on 16/07/2025 for the reason…
Clause-by-Clause Analysis of the Income Tax Bill, 2025 The Income Tax Bill, 2025 proposes a significant revamp of India’s tax system by streamlining definitions, modernizing provisions, and aligning tax laws with the digital economy. Below is a detailed breakdown of…
A Comprehensive Comparison of the Income Tax Bill, 2025 and the Income Tax Act, 1961 Introduction India’s tax system is undergoing a significant transformation with the introduction of the Income Tax Bill, 2025. The bill aims to simplify tax laws,…
