Newsletter
Signup our newsletter to get update information, insight or news
Industry News Updates
Get all the latest news and top breaking news live related to Business & Income Tax … Read latest Business news, IT Notifications and news headlines online today.
Client Centric Approach
Backed By Experience
Team Work
Weekly Round-up on Tax and Corporate Laws | 24th to 29th March 2025
This weekly newsletter analytically summarises the key stories reported at taxmann.com during the previous week from March 24th to 29th 2025, namely: CBDT amends TP safe harbour rules, increasing threshold and adding lithium-ion batteries for EVs as ‘core auto components’; Govt. amends Form 3CD; new clause 36B inserted to report sum received for buyback of […]
Govt. Amends Form 3CD; New Clause 36B Inserted to Report Sum Received for Buyback of Shares
Notification no. 23/2025, 28-03-2025 The Central Board of Direct Taxes (CBDT) released the Income-tax (Eighth Amendment) Rules, 2025, on March 28, 2025, prescribing changes to Form No. 3CD. The changes shall come into force on 01-04-2025. The changes introduced in Forms are consequential of amendments proposed by the Finance (No. 2) Act 2024, such as […]
Government Introduces General Notification for Sale & Issue of GoI Securities (Including T-Bills & Cash Management Bills)
Circular No. RBI/2024-25/133 Ref.No.IDMD.2320/08.01.01/2024-25, Dated 27.03.2025 The Government of India has issued a General Notification (F.No.4(2)-B(W&M)/2018) dated March 26, 2025, for the sale and issue of Government of India Securities, including Treasury Bills and Cash Management Bills. This notification supersedes the previous ones dated March 27, 2018. Click Here To Read The Full Circular The […]
Taxmann’s Analysis | Intangible Assets Under Ind AS 38 – FRRB Observations and Guidance
This article highlights the importance of intangible assets in financial reporting under Ind AS 38, emphasising their role in company valuations and the need for accurate disclosure. Real-world cases involving major tech companies demonstrate both the benefits of proper intangible asset reporting and the risks of non-compliance, including investor scepticism and regulatory scrutiny. Key observations […]
Sale Consideration to Be Excluded From Assessee’s Income if He Was Only a Name Lender in Sale Deed | ITAT
Case Details: Vinod Nihalchand Jain Ltd. vs. ITO - [2025] 172 taxmann.com 581 (Mumbai-Trib.) Judiciary and Counsel Details Sandeep Singh Karhail, Judicial Member & Amarjit Singh, Accountant Member Ravi Dasija for the Appellant. Pravin Salunkhe, Sr.DR for the Respondent. Facts of the Case The assessee is an individual who earns income from salary, capital gains on equity shares, […]
Seeking stakeholders' input for drafting Income-tax Rules and related forms consequent to the Income Tax Bill, 2025
Details : Publish Date : Tuesday, March 18, 2025 Attachments : 1. https://incometaxindia.gov.in/Lists/Press Releases/Attachments/1223/Seeking-stakeholders-input-for-drafting-Income-tax-Rulesand-related-forms-consequent-to-the-Income-Tax-Bill-2025.pdf source
RBI Issues Master Direction Consolidating Prudential Norms on Capital Adequacy for Regional Rural Banks
Master Direction No. RBI/DOR/2024-25/129 DOR.CAP.REC.No.70/21.06.201/2024-25, Dated: 25-03-2025 The Reserve Bank of India (RBI), under Section 35A of the Banking Regulation Act, 1949, has issued a Master Direction consolidating and updating guidelines for Regional Rural Banks (RRBs). It outlines prudential norms for capital adequacy, risk management, and permissible transactions. The Direction ensures all instructions are in […]
CBDT issues clarification on Circular 01/2025
Publish Date : Saturday, March 15, 2025 Attachments : 1. https://incometaxindia.gov.in/Lists/Press Releases/Attachments/1220/Press-Release-Clarification-on-Circular-01-of-2025-dated-15-03-2025.pdf source
CBDT notifies amendments in Income-tax Rules, 1962 to expand the scope of safe harbour rules
Publish Date : Tuesday, March 25, 2025 Attachments : 1. https://incometaxindia.gov.in/Lists/Press Releases/Attachments/1224/Press-Release-CBDT-notifies-amendments-in-Income-tax Rules-1962-dated-26-03-2025.pdf source
Let a Dedicated Tax Expert Do Your Taxes For You.
Get A Consultation
We Provide High-Quality Accounting & Tax Service. Our Businesses are evolving, in the economic realm by providing the best auditing, tax, and assurance services available.