by Virendra Kumar | Feb 2, 2026 | Income Tax
BUDGET 2026 - THE FINANCE BILL, 2026 1. Income-Tax & Direct Tax Reforms Transition to a new Income-Tax Act Income-Tax Act, 2025 introduced to replace the old 1961 Act. It simplifies language and structure, reorganises provisions, and aims to reduce compliance...
by Sumeet Khanna | Jul 23, 2025 | Income Tax
INCOME TAX – Circular No. 9/2025 PARTIAL MODIFICATION OF CIRCULAR NO. 3 OF 2023 DATED 28.03.2023 REGARDING CONSEQUENCES OF PAN BECOMING INOPERATIVE AS PER RULE 114AAA OF THE INCOME-TAX RULES, 1962 , dated 21.07.2025. The Central Board of Direct Taxes (CBDT) has...
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...
by Sumeet Khanna | Jan 22, 2025 | Income Tax
Income Tax - (Notification No. 8/2025) Cbdt Removes Discrimination In Vivad Se Vishwas Scheme, Dated 20.01.2025. WHEREAS, the Direct Tax Vivad Se Vishwas Scheme, 2024 was introduced vide the Finance (No.2) Act, 2024 (15 of 2024) and came into force with effect from...
by Sumeet Khanna | Jan 20, 2025 | Income Tax
In exercise of the powers conferred by sub-section (5) of section 9 of the Central Goods and Services Tax Act, 2017 (12 of 2017), the Central Government, on the recommendations of the Council, hereby makes the following further amendments in the notification number...
