CAclubindia News
Income Tax Algorithm Error Flags Unlisted Share Capital Gains as Business Income
22 December 2025 at 06:40Income Tax Dept's automated system is misclassifying capital gains from unlisted share sales as business income due to TDS data mismatch. Know why notices are being sent and how taxpayers should respond.
Section 80G Explained: Key FAQs on Donation Deductions, Limits, Verification & ITR Filing
22 December 2025 at 06:40The Income Tax Department clarifies Section 80G rules on donation deductions, limits, cash payment restrictions, Form 10BE verification and eligibility under old vs new tax regime.
Advance Tax Growth Loses Momentum After Third Instalment
22 December 2025 at 06:40Advance tax collection grew just over 4% after the third instalment, sharply lower than last year, with non-corporate tax payments declining, income-tax data shows.
GSTN Introduces Flexible ITC Handling for Credit Notes in IMS
22 December 2025 at 06:40GSTN introduces a new IMS functionality allowing taxpayers to select Yes or No for ITC reduction while accepting credit notes, improving accuracy in GST compliance.
ICAI Admit Cards Released for CA Intermediate & Final Jan 2026 Exams
22 December 2025 at 06:39ICAI has released admit cards for CA Final, Intermediate January 2026 exams. Candidates can download hall tickets from the ICAI e-Services portal at eservices.icai.org.
PFRDA Amends NPS Exit & Withdrawals Regulations 2015
22 December 2025 at 06:39PFRDA has notified key amendments to NPS Exit and Withdrawal Regulations, 2015, offering higher lumpsum withdrawals, flexible annuity options, removal of lock-in period and extended exit age up to 85 years.
Net Direct Tax Collections Rise 8% in FY 2025-26 Till 17th December
20 December 2025 at 08:09India's net direct tax collections rose 8% to Rs 17.05 lakh crore in FY 2025-26 (till Dec 17), aided by lower refunds and higher corporate tax inflows.
CBIC Enables Post-Clearance Revision of Bills of Entry via ICEGATE Under Section 18A
20 December 2025 at 07:50CBIC has enabled voluntary post-clearance revision of Bills of Entry under Section 18A of the Customs Act through a new ICES module on ICEGATE, allowing amendment, deletion, and addition of records.
Over 60,000 MSME Claims Cleared Under Vivad se Vishwas Scheme, Govt Tells Lok Sabha
20 December 2025 at 07:23Government steps up ease of doing business for MSMEs with revised MSME criteria, credit guarantee schemes, procurement reforms and post-Covid relief measures.
GST 2.0 Takes Shape: Industry Seeks Rate Rationalisation and ITC Reforms in Budget 2026
20 December 2025 at 07:23GST 2.0 gathers momentum as industry looks to Budget 2026 for rate rationalisation, ITC reforms, petroleum inclusion and relief on inverted duty refunds.
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Certification Course on GSTR-3B Reconciliation with GSTR-2B using AI Tools
Deepak Gupta22 December 2025
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