CAclubindia News

CBDT Directs Tax Officers to Ensure 'Application of Mind' in Scrutiny Notices, Avoid Irrelevant Queries

28 June 2025 at 09:16

The Central Board of Direct Taxes (CBDT) has issued a directive to Income Tax Department officials across India, emphasizing the need for "due application of mind" while issuing scrutiny notices.

Posted in Income Tax | 8628 Views

Finance Ministry May Amend Income Tax Bill 2025 to Restore Section 80M for 22% Tax Regime

28 June 2025 at 09:12

The Ministry of Finance is expected to amend the draft Income Tax Bill, 2025, to reinstate Section 80M benefits for companies opting for the 22% concessional tax regime under Section 115BAA.

Posted in Income Tax | 24732 Views

Finance Ministry Releases Rs 100 and Rs 75 Silver Commemorative Coins Honouring National Icons

28 June 2025 at 09:09

The Ministry of Finance has officially announced the release of two special commemorative coins, celebrating two significant events in India's cultural and statistical legacy.

Posted in Community & General | 678 Views

ICAI Celebrates 11th International Day of Yoga

28 June 2025 at 09:04

Chartered Accountants from across the world Unites for International Yoga Day Celebrations under the banner 'Healthy CAs, Wealthy Economy'.

Posted in Professional Resource | 216 Views

ICAI Issues Guidance Notes for CA Foundation September 2025 Exams

28 June 2025 at 09:03

The Institute of Chartered Accountants of India (ICAI) has released comprehensive Guidance Notes for candidates appearing in the CA Foundation Examination scheduled for September 2025.

Posted in Students | 4098 Views

ICAI Releases Study Guidelines for CA Intermediate Paper 3 - Taxation for September 2025 Exams

27 June 2025 at 10:52

The Institute of Chartered Accountants of India (ICAI) has issued the official study guidelines for Intermediate Paper 3, Section B: Goods and Services Tax (GST), applicable for the September 2025 examination cycle.

Posted in Students | 6390 Views

ICAI Releases Study Guidelines for CA Final Paper 5 - Indirect Tax Laws for September 2025 Exams

27 June 2025 at 10:47

The Institute of Chartered Accountants of India (ICAI) has officially issued the study guidelines for Final Paper 5: Indirect Tax Laws, applicable for the September 2025 examination.

Posted in Students | 4098 Views

31 Banks Now Available for Tax Payments via e-Filing Portal

27 June 2025 at 09:23

The Income Tax Department has expanded the list of banks available on the e-Filing portal's e-Pay Tax service to 31.

Posted in Income Tax | 855 Views

Bombay HC Orders Rs 19.44 Lakh Reward to 76 Year Old Whistleblower After 29 Years in Rs 361 Crore Tax Evasion Case

27 June 2025 at 09:22

After 29 years, whistleblower Darshan Singh Parmar secures Rs 19.44 lakh reward for exposing a Rs 361 crore tax evasion racket. Bombay HC slams Maharashtra govt for delay and bureaucratic apathy.

Posted in Income Tax | 1833 Views

India-Oman Double Taxation Agreement Amended

27 June 2025 at 09:22

The Government of India has officially notified the Protocol amending the 1997 Double Taxation Avoidance Agreement (DTAA) between India and the Sultanate of Oman.

Posted in Income Tax | 1521 Views