CAclubindia News


CBDT Mandates E-Filing for Business Trusts & AIFs Under New Tax Rules

   26 February 2025 at 08:54

The Central Board of Direct Taxes (CBDT) has issued Notification No. 17/2025, introducing amendments to the Income-Tax Rules, 1962 under the Income-Tax Act, 1961.

Posted in Income Tax |   1770 Views


Virtual Digital Assets Now Classified as Undisclosed Income Under Income Tax Act

   25 February 2025 at 08:40

In a significant step toward regulating cryptocurrency transactions and curbing tax evasion, the government has proposed to include Virtual Digital Assets (VDAs) within the definition of "undisclosed income" under the block assessment scheme.

Posted in Income Tax |   3846 Views


ICAI Announces Mock Test Papers Series for CA Foundation May & September 2025 Exams

   25 February 2025 at 08:40

The Institute of Chartered Accountants of India (ICAI) has announced Mock Test Papers Series - I & II for students appearing in the CA Foundation May 2025 and September 2025 Examinations.

Posted in Students |   696 Views


Major Changes in Profits and Gains of Business and Profession Under Income Tax Bill 2025

   25 February 2025 at 08:39

The Income Tax Bill 2025 introduces several key changes in the chapter on Profits and Gains of Business and Profession (PGBP), aimed at enhancing clarity, coherence, and compliance.

Posted in Income Tax |   6672 Views


Income Tax Bill 2025: Major Changes in Deeming Provisions (Sections 68-69D) & Their Impact

   25 February 2025 at 08:39

The Income Tax Bill 2025 has introduced significant modifications to the deeming provisions under Sections 68-69D of the Income Tax Act, 1961.

Posted in Income Tax |   2148 Views


ICAI Announces Requirements for Applying for CA Foundation & Intermediate May 2025 Exams

   24 February 2025 at 09:08

The Institute of Chartered Accountants of India (ICAI) has issued important guidelines for candidates applying for the May 2025 CA exams.

Posted in Students |   25479 Views


ICAI Online Exam Forms for May 2025: Important Dates and Deadlines

   24 February 2025 at 09:04

The Institute of Chartered Accountants of India (ICAI) has announced the schedule for online exam form submissions for the May 2025 Chartered Accountancy (CA) Examinations.

Posted in Students |   33234 Views


Income Tax Bill 2025: How Return Filing Simplifications Will Benefit Taxpayers

   24 February 2025 at 08:54

The Income Tax Bill, 2025, aims to make income tax return (ITR) filing more structured and user-friendly. With streamlined provisions for taxpayers, exempt entities, and return deadlines, the proposed changes focus on better clarity and accessibility.

Posted in Income Tax |   2739 Views


Income Tax Bill 2025: Key Clarifications on Special Rate Provisions

   24 February 2025 at 08:54

With taxpayers seeking clarity on the new tax regime, special rate provisions, and compliance requirements, here are some important takeaways

Posted in Income Tax |   2958 Views


DGGI Uncovers Rs 700 Crore GST Fraud in Rajasthan; Seven Arrested

   24 February 2025 at 08:54

In a major crackdown on GST evasion, the Directorate General of GST Intelligence (DGGI) has unearthed a Rs 700 crore tax fraud in Rajasthan, exposing a large-scale scam in the scrap trading and iron goods industry.

Posted in GST  2 comments |   1851 Views