9911796707
New Income Tax Bill Finance Act, 2025 [+Budget]
Highlights 
April 30, 2025 Notifications SEBI
April 30, 2025 Notifications Customs
April 30, 2025 Circulars SEBI
April 30, 2025 Circulars GST - States
April 30, 2025 Circulars GST - States
April 30, 2025 Circulars GST - States
April 30, 2025 Circulars SEBI
April 30, 2025 Case Laws GST
April 30, 2025 Case Laws GST
April 30, 2025 Case Laws Customs
April 30, 2025 Case Laws Indian Laws
April 30, 2025 Case Laws GST
April 30, 2025 Case Laws GST
April 30, 2025 Case Laws Income Tax
April 30, 2025 Case Laws Central Excise
April 30, 2025 Case Laws Customs
April 30, 2025 Case Laws FEMA
April 30, 2025 Case Laws Customs
April 30, 2025 Case Laws Income Tax
April 30, 2025 Case Laws Income Tax
April 30, 2025 Case Laws Income Tax
April 30, 2025 Case Laws Income Tax
April 30, 2025 Case Laws Income Tax
April 30, 2025 Case Laws Income Tax
April 30, 2025 Case Laws Indian Laws
Articles
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FILING OF APPEAL BEFORE GOODS AND SERVICES TAX APPELLATE TRIBUNAL PART I
April 30, 2025
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Common Mistakes to Avoid During 80G(5) Registration
April 30, 2025
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Demurrage if goods not cleared from Customs
April 30, 2025
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Need for Warehousing in Import Export under Customs Laws.
April 30, 2025
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Brand Rate Fixation of Duty Drawback of Customs Duty
April 30, 2025
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Bureau of Indian Standards (BIS) and its Role in Imports and Exports.
April 30, 2025
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Risky Exporter under the Provisions of Indian Customs Laws
April 30, 2025
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Physical verification of Export & Import containers under Indian Customs laws.
April 30, 2025
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A mismatch between GSTR-1 and GSTR-3B sales can occur even without amendments, due to several common reasons.
April 30, 2025
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Legal and Regulatory Framework for the Aviation Sector in India.
April 30, 2025
Short Notes
Tax treatment of the accumulated balance of recognised provident funds (RPFs) : Clause 191 of the Income Tax Bill, 2025 Vs. Section 111 of the Income-tax Act, 1961
Streamline, simplify, and update the tax framework applicable to non-residents and foreign companies : Clause 207 of the Income Tax Bill, 2025 Vs. Section 115A of the Income-tax Act, 1961
Special procedure for calculating tax liability on income discovered during search operations : Clause 192 of the Income Tax Bill, 2025 Vs. Section 113 of the Income-tax Act, 1961
Recalibrating Long-Term Capital Gains Taxation : Clause 198 of the Income Tax Bill, 2025 Vs. Section 112A of the Income Tax Act, 1961
Reforming Long-Term Capital Gains Taxation : Clause 197 of the Income Tax Bill, 2025 Vs. Section 112 of the Income-tax Act, 1961
taxation of short-term capital gains (STCG) : Clause 196 of the Income Tax Bill, 2025 Vs. Section 111A of the Income-tax Act, 1961
Determination of tax liability which no tax is payable under the provisions of the Act : Clause 190 of the Income Tax Bill, 2025 Vs. Section 110 of the Income-tax Act, 1961
Definition for the operation of the General Anti-Avoidance Rule (GAAR) : Clause 184 of Income Tax Bill, 2025 Vs. Section 102 of Income-tax Act, 1961
Legislative tool curbing aggressive tax planning and abusive tax avoidance Scheme : Clause 183 of the Income Tax Bill, 2025 Vs. Section 101 of the Income-tax Act, 1961
Procedural Safeguards and the Scope of GAAR : Clause 183 of Income Tax Bill, 2025 Vs. Section 100 of Income-tax Act, 1961
Curbing aggressive tax avoidance strategies : Clause 182 of the Income Tax Bill, 2025 Vs. Section 99 of the Income-tax Act, 1961
Continuation and refinement of the General Anti-Avoidance Rule : Clause 181 of the Income Tax Bill, 2025 Vs. Section 98 of the Income-tax Act, 1961
Statutory backbone of India's General Anti-Avoidance Rule (GAAR) : 180 of the Income Tax Bill, 2025 Vs. Section 97 of the Income-tax Act, 1961
"Curbing aggressive tax avoidance strategies" under the General Anti-Avoidance Rule (GAAR) : Clause 179 of the Income Tax Bill, 2025 Vs. Section 96 of the Income-tax Act, 1961
Countering the tax avoidance through codification of the General Anti-Avoidance Rule (GAAR) : Clause 178 of the Income Tax bill, 2025 Vs. Section 95 of the Income Tax Act, 1961
limitation on Debt interest deduction as expenses in cross-border transactions : Clause 177 of Income Tax Bill, 2025 Vs. Section 94B of Income-tax Act, 1961
Comprehensive framework for dealing with transactions with any notified jurisdictional areas : Clause 176 of the Income Tax Bill, 2025 Vs. Section 94A of the Income Tax Act, 1961
Anti-Avoidance Provisions in Securities Transactions : Clause 175 of the Income Tax Bill, 2025 Vs. Section 94 of the Income-tax Act, 1961
Designed provisions to counteract tax avoidance schemes involving cross-border transactions : Clause 174 of the Income Tax Bill, 2025 Vs. Section 93 of the Income-tax Act, 1961
Important Definition within the framework of transfer pricing and anti-avoidance measures : Clause 173 of Income Tax Bill, 2025 Vs. Section 92F of Income-tax Act, 1961
Statutory Reporting & Penalties for persons entering into international and specified domestic transactions : Clause 172 of the Income Tax Bill, 2025 Vs. Section 92E of the Income-tax Act, 1961
Revamped framework of the Transfer Pricing documentation & Penalties : Clause 171 of the Income Tax Bill, 2025 Vs. Section 92D of the Income-tax Act, 1961
Harmonizing India's Secondary Adjustment Regime in Transfer Pricing : Clause 170 of the Income Tax Bill, 2025 Vs. Section 92CE of the Income-tax Act, 1961
Streamlining APA Implementation and Transfer Pricing Compliance : Clause 169 of Income Tax Bill, 2025 and Section 92CD of Income-tax Act, 1961
Notifications
IT
- Income-tax (twelfth Amendment) Rules, 2025April 29, 2025
SEBI
- Securities and Exchange Board of India (Infrastructure Investment Trusts) (Second Amendment) Regulations, 2025April 28, 2025
Cus (NT)
- Appointment of Common Adjudicating Authority for the purpose of finalization of Provisional Assessment in SVB case w.r.t. M/s Murrplastik India Private LimitedApril 28, 2025
Cus
- Seeks to amend List 34A and 34B of the Notification No. 50/2017-Customs dated 30.06.2017 - List of Banks for Import of Gold or Silver at Nil rate of dutyApril 28, 2025
PMLA
- Amendment in Notification No. G.S.R. 381(E), dated the 27th June, 2006 - Sharing of information under PMLA by the Director, Financial Intelligence Unit, IndiaApril 25, 2025
CGST
- Goods and Services Tax Appellate Tribunal (Procedure) Rules, 2025April 24, 2025
IT
- Exemption from specified income U/s 10(46) of IT Act 1961 - 'Mysore Palace Board'April 24, 2025
Cus (NT)
- Goods Imported (Conditions of Transshipment) Regulations, 2025April 24, 2025
Cus (NT)
- Delegation of Adjudication Powers under the Customs Act, 1962 Appointment of Officers in Place of Commissioner of Customs, Nhava Sheva V, Mumbai Customs Zone II for the purpose of adjudicating the notices issued to the persons specified in the notification.April 24, 2025
IT
- The Central Government notifies that no deduction shall be allowed for any expenditure incurred in settling proceedings initiated in connection with any contravention or default.April 23, 2025
Cus (NT)
- Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and SilverApril 23, 2025
FTP
- Amendment in Import Policy Condition of Synthetic Knitted Fabrics Covered under Chapter 60 of the ITC (HS), 2022April 23, 2025
SEBI
- Securities and Exchange Board of India (Credit Rating Agencies) (Second Amendment) Regulations, 2025April 22, 2025
SEBI
- Securities and Exchange Board of India (Real Estate Investment Trusts) (Amendment) Regulations, 2025April 22, 2025
IT
- Exemption from specified income U/s 10(46A) of IT Act 1961 National Mission for Clean GangaApril 22, 2025
Circulars/ Public Notices
SEBI
- Clarifications to Cybersecurity and Cyber Resilience Framework (CSCRF) for SEBI Regulated Entities (REs)April 30, 2025
DGFT
- Request for Comments on Alignment of Schedule-II (Export Policy), ITC(HS) 2022 with amendments introduced by Finance Act 2025April 29, 2025
SEBI
- Extension of timeline for implementation of provisions of SEBI Circular dated December 10, 2024, on optional T+0 settlement cycle for Qualified Stock Brokers (QSBs)April 29, 2025
SEBI
- Clarificatory and Procedural changes to aid and strengthen ESG Rating Providers (ERPs)April 29, 2025
SEBI
- Timelines for collection of Margins other than Upfront Margins Alignment to settlement cycleApril 28, 2025
Customs
- Closing of the Integrated Check Post Attari for all types of incoming and outgoing passengers and movement of goodsApril 26, 2025
Customs
- Requirement of CITES Export permit or CITES Reexport certificate for agarwood productsApril 25, 2025
Customs
- Simplification of procedures related to Air Cargo Movement & TranshipmentApril 25, 2025
FEMA
- Amendments to Directions - Compounding of Contraventions under FEMA, 1999April 24, 2025
DGFT
- Fixation of one new Standard Input Output Norms (SIONs) at SION A-3685 under 'Chemical and Allied Product' (Product Code 'A').April 24, 2025
DGFT
- Inputs on Amendments for Export of SCOMET Items for 'Testing and Evaluation' purposesApril 23, 2025
FEMA
- Exports through warehouses in Bharat Mart in UAE relaxationsApril 23, 2025
SEBI
- Change in cut-off timings to determine applicable NAV with respect to repurchase/ redemption of units in overnight schemes of Mutual FundsApril 22, 2025
FEMA
- Master Directions - Compounding of Contraventions under FEMA, 1999 (Updated as on April 24, 2025)April 22, 2025
FEMA
- Amendments to Directions - Compounding of Contraventions under FEMA, 1999April 22, 2025
News
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Caste census alone won't suffice, conduct socio-economic survey as well: Siddaramaiah tells Centre
April 30, 2025
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SC push for inclusivity: Centre, RBI ordered to make digital KYC process accessible to disabled
April 30, 2025
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Pilot Study on Annual Survey of Services Sector Enterprises (ASSSE) to capture insights into the Incorporated Service Sector
April 30, 2025
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Cabinet approves Fair and Remunerative Price of sugarcane payable by Sugar Mills to sugarcane farmers for sugar season 2025-26
April 30, 2025
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Union Bank of India Launches MSME & CASA Outreach Programs to pass on benefits of back-to-back RBI-MPC rate cuts and Deepen Customer Engagement
April 30, 2025
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Govt notifies ITR forms; individuals with LTCG up to Rs 1.25 lakh can file ITR 1, 4
April 30, 2025
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I-T deptt notifies ITR forms 1, 4 for AY 2025-26
April 30, 2025
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China's export orders dip in April as Trump's tariffs begin to bite
April 30, 2025
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Findings of the Forward-Looking Survey on Private Sector CAPEX Investment Intentions (Survey period: November 2024 to January 2025)
April 30, 2025
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92nd Meeting of Network Planning Group under PM GatiShakti evaluates key Infrastructure projects
April 30, 2025
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'Income Inequality Affects Economic Growth' says Indian Economic Association Conference President Dr. A. Jothi Murugan
April 29, 2025
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Faceless I-T scheme: Delhi court extends custody of income tax official, CA in bribery case
April 29, 2025
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Indian and U.S. officials meet in Washington, Bilateral Trade Agreement Talks Make Positive Progress
April 29, 2025
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ED attaches fresh Rs 193-cr worth assets in Goa land grab-linked PMLA case
April 29, 2025
Forum - Popular issues
Payment to cine or tv artists. liability under rcm (44)
Charge sheet under section 132. (29)
Section 74 of cgst (20)
Proposed amendment to section 17[5][d] (18)
Rcm on rent (17)
Benefits of duty under advance authorisation (16)
Can appellate authority issue show cause notice under section 73 or 74 as per appeal section 107(11) (15)
Export of services under gst (15)
Fraud by a customer to the banker (15)
Itc declined (14)
Significance of form gst apl-02 (12)
Maharashtra state tax tribunal (12)
Cenvat of different sites (12)
Can i avail amnesty to set off interest liable to pay in 2017-18 under section 50 (11)
Forum - Recent Replied Issues
Input service distributor-isd (6)
Appeal against the rectified order (2)
Assignment of profits of aif from fund to investment manager ... (3)
Treatment of year-end provisions for expenses in itr filing ... (1)
Whether nbpdcl and sbpdck do not fall under the definition of govermental a ... ... (1)
Tds on flats alloted by builders (3)
Itc availability on tax component paid under section 73 ... (6)
26as missed claim- manual request (2)
Tds on translation services (2)
Tds applicability on payments made to social media influencers ... (2)
Tds applicability on payments for content writing services ... (4)
Tds deduction on payments for dubbing services used in advertisements ... (2)
Concept of "under protest" (7)
Tds applicability on charges for censor certification services ... (2)
Tds applicability on payments made to advertising agency for branding and p ... ... (2)
Jiva Seva is Shiva Seva:
Service to humanity is Service to God
May I be born again and again, and suffer thousands of miseries so that I may worship the only God that exists, the only God I believe in, the sum total of all souls—and above all, my God the wicked, my God the miserable, my God the poor of all races, of all species, is the special object of my worship.
- Swami Vivekananda, CW, 5:137
