by Sumeet Khanna | Jul 3, 2025 | CBDT
The Central Board of Direct Taxes (CBDT) has notified ‘376’ as the Cost Inflation Index (CII) for the Financial Year 2025-26, via [Notification No. 49/2025, dated 28.06.2025]. 🔍 What is CII?The Cost Inflation Index helps taxpayers calculate the indexed...
by Sumeet Khanna | Jun 27, 2025 | CBDT
The Central Board of Direct Taxes (CBDT) has relaxed the time limit for processing valid income tax returns filed electronically. The relaxation is for the returns filed pursuant to the order issued by the Competent Authority under section 119(2)(b) to condone the...
by Sumeet Khanna | Jun 18, 2025 | Corporate Law
COMPANY LAW – (General Circular No. 01/2025) RELAXATION OF ADDITIONAL FEES FOR FILING OF 13 e-FORMS DURING THE PERIOD OF TRANSITION FROM MCA21 V2 TO V3 , dated 16.06.2025. This is to inform that in view of the transition of the MCA21 portal from Version 2 (V2)...
by Sumeet Khanna | Jun 17, 2025 | Income Tax
CBDT Guidelines for Mandatory Scrutiny Selection – FY 2025-26 The Central Board of Direct Taxes (CBDT) has issued updated guidelines for the mandatory selection of income tax returns for complete scrutiny during FY 2025-26. These guidelines ensure a focused approach...
by Sumeet Khanna | Jun 17, 2025 | Income Tax
The Delhi Government has mandated virtual personal hearings for all GST proceedings, aiming to enhance transparency and operational efficiency. These hearings will now be conducted exclusively through digital platforms such as Webex or Google Meet, replacing the need...