CAclubindia News

MCA Extends FY 2024-25 Annual Filing Deadline to 31st January 2026 Without Late Fees

30 December 2025 at 16:43

MCA extends the due date for filing FY 2024-25 annual returns and financial statements till 31 Jan 2026 without additional fees.

Posted in Corporate Law | 8667 Views

GSTN Introduces Strict ITC Validations: Negative Reclaim and RCM Ledger Balances to Be Disallowed

30 December 2025 at 06:51

GSTN to soon block excess ITC reclaims and RCM ITC claims. Negative ledger balances may stop GSTR-3B filing. Key compliance changes explained.

Posted in GST | 2268 Views

UP STF Busts Inter-State GST Evasion Racket: Rs 500 Crore Tax Fraud Uncovered

30 December 2025 at 06:51

Eight arrested after UP STF exposed a major GST scam involving shell companies, fake e-way bills and illegal ITC worth Rs 500 crore.

Posted in GST | 315 Views

Income Tax Alerts Leave Taxpayers Worried as Refunds and ITR Processing Are Paused Over Claim Mismatches

30 December 2025 at 06:51

Got an income tax email? Refunds and ITR processing may be delayed due to claim mismatches. Here's what it means.

Posted in Income Tax | 1422 Views

Ex-Accountant Booked After Rs 56 Lakh GST Meant for Film Company CEO Goes Missing

29 December 2025 at 06:54

Mumbai police booked a former accountant of a film production company for allegedly embezzling Rs 56 lakh meant for GST payment, raising dues to Rs 65.82 lakh.

Posted in GST | 2679 Views

Maharashtra Leads Crypto TDS Collections as VDA Tax Revenues Jump 41% in FY25

29 December 2025 at 06:54

Maharashtra led VDA TDS collections at ₹293.40 crore in FY25 as total crypto TDS rose 41% to ₹511.83 crore, with Karnataka, Gujarat and Delhi following, reflecting exchange location and tighter tax enforcement.

Posted in Income Tax | 1128 Views

Delhi Customs Holds CCFC Meeting at IGI Airport to Boost Trade Facilitation

29 December 2025 at 06:54

Delhi Customs convened a CCFC meeting at IGI Airport with CBIC, partner agencies, and trade bodies to discuss policy initiatives, address operational issues, and strengthen trade facilitation through transparency, efficiency, and ease of doing business.

Posted in Custom | 138 Views

GSTAT Allocates Benches to Members, Sets Functional Framework for Appellate Proceedings

29 December 2025 at 06:54

GSTAT allocates benches to all its members, taking a key step towards operationalising the GST Appellate Tribunal and streamlining GST dispute resolution.

Posted in GST | 1158 Views

Delhi HC Questions 18% GST on Air Purifiers Amid Pollution Crisis

29 December 2025 at 06:54

Delhi HC hears plea for GST reduction on air purifiers as Centre flags constitutional concerns and says decision lies with GST Council.

Posted in GST | 996 Views

ICAI Reschedules CA Intermediate Paper 5 (Auditing & Ethics) Exam to 19th January 2026

28 December 2025 at 06:17

ICAI has rescheduled the CA Intermediate Group II Paper 5 (Auditing & Ethics) exam from Jan 15 to Jan 19, 2026 due to Maharashtra municipal elections. Admit cards remain valid.

Posted in Students | 1239 Views