CAclubindia News


Commercial Taxes Dept Uncovers Nearly Rs 100 Crore GST Evasion in Bengaluru

   03 December 2025 at 06:42

Bengaluru's GST Enforcement Wing detects nearly Rs 100 crore tax evasion in electronics, steel, cement and retail sectors during a 10-day crackdown.

Posted in Income Tax |   36 Views


Delhi HC Warns GST & Income Tax Departments Against Using AI-Generated Judgments in SCNs

   03 December 2025 at 06:42

Delhi High Court warns GST and Income-Tax departments against using AI-generated case laws in show cause notices, citing risks of fake judgments and AI hallucinations.

Posted in Income Tax |   30 Views


Mumbai Security Guard Gets IT Notice After Rs 2.2 Crore Fraud Using His PAN

   03 December 2025 at 06:42

A Mumbai security guard earning Rs 3 lakh annually received IT notices after fraudsters used his PAN to register a company that made Rs 2.2 crore transactions. ..

Posted in Income Tax |   21 Views


Karnataka HC Slams Coercive GST Recovery, Directs Refund of Rs 10 Crore to Trader

   03 December 2025 at 06:42

Karnataka High Court orders refund of Rs 10 crore GST payment, ruling it was not voluntary but coerced during a 2023 raid. Court directs 6% interest on refund.

Posted in GST |   15 Views


India Records Strong Fiscal Performance: Rs 12.74 Lakh Crore Tax Revenue, Higher State Transfers

   03 December 2025 at 06:42

ndia's fiscal update for April-October 2025 shows total receipts of Rs 18 lakh crore, tax devolution of Rs 8.34 lakh crore to states, and expenditure at Rs 26.25 lakh crore.

Posted in Income Tax |   18 Views


MCA Raises Small Company Thresholds: Paid-Up Capital Rs 10 Crore, Turnover Rs 100 Crore

   02 December 2025 at 09:29

MCA revises the definition of small company, raising paid-up capital limit to Rs 10 crore and turnover to Rs 100 crore under the Companies Act. Amendment effective December 1, 2025.

Posted in Corporate Law |   7470 Views


GST Reforms, Labour Codes and Tax Overhaul Power India's Growth: CEA Nageswaran

   02 December 2025 at 08:03

India’s structural reforms, stable inflation, and strong capex are boosting efficiency and growth, said CEA V Anantha Nageswaran, as agencies revise FY26 GDP outlook upward.

Posted in GST |   255 Views


Supreme Court Slams Income Tax Department for Filing Frivolous SLP in a Settled Matter

   02 December 2025 at 06:45

The Supreme Court has slammed the Income Tax Department for filing a frivolous SLP in a settled case, warning against repetitive and wasteful litigation.

Posted in Income Tax |   1020 Views


Manipur GST (Second Amendment) Bill, 2025 Tabled in Parliament

   02 December 2025 at 06:45

Parliament introduces Manipur GST Amendment Bill 2025 with new compliance measures, penalty norms, unique ID marking and retrospective GST clarifications.

Posted in GST |   126 Views


Centre Introduces Health Security Se National Security Cess Bill 2025

   02 December 2025 at 06:45

The Centre has introduced the Health Security & National Security Cess Bill, 2025 to fund emergency health and national safety measures. Learn key provisions, cess structure, exemptions, and expected impact.

Posted in Others |   285 Views



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