Associate TG
GSTN Advisory Update GSTN Advisory Update The Goods and Services Tax Network (GSTN) has issued a significant update concerning the reporting of values in Table 3.2 of Form GSTR-3B. This advisory, dated May 16, 2025, follows the earlier communication from April 11, 2025, and addresses concerns raised by taxpayers regarding the editability of auto-populated values … Read more
Understanding Appeal Withdrawal under GST Understanding Appeal Withdrawal under GST With the introduction of the Waiver Scheme under Section 128A of the CGST Act, there has been a significant response from taxpayers aiming to settle pending disputes efficiently. Understanding Appeal Withdrawal under GST One key pre-condition for availing benefits under this scheme is that no … Read more
CBDT Notifies New ITR-V and ITR Acknowledgement Forms for AY 2025-26 Introduction CBDT Notifies New ITR-V and ITR Acknowledgement Forms for AY 2025-26 The Central Board of Direct Taxes (CBDT) has recently released Notification No. 45/2025 on 7th May 2025, introducing key updates to the Income Tax Return Verification (ITR-V) form and the ITR-Acknowledgement form … Read more
Paying Rent Above ₹50,000? Paying Rent Above ₹50,000? Paying monthly house rent of more than ₹50,000? Then you need to know about Section 194-IB of the Income Tax Act, 1961. Introduced by the Government of India to ensure high-value rental transactions are brought under the tax net, this provision makes it mandatory for tenants to … Read more
CBDT Notifies ITR-6 for AY 2025-26 📅 Notification No. 44/2025 | Dated: 06 May 2025 CBDT Notifies ITR-6 for AY 2025-26 The Central Board of Direct Taxes (CBDT) has officially notified the revised Income Tax Return Form 6 (ITR-6) for the Assessment Year (AY) 2025-26 through Notification No. 44/2025 dated 06.05.2025, introducing several important updates … Read more
