CAclubindia News

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 | 1125 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 | 129 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 | 1236 Views

GSTR-9 & GSTR-9C Deadline Extension Sought as Compliance Complexities Rise

27 December 2025 at 06:45

Tax practitioners' bodies including BCAS and Malad Chamber seek extension of GSTR-9 and GSTR-9C due date for FY 2024-25 citing form changes and technical issues.

Posted in GST | 21681 Views

CBDT Releases Updated Offline ITR Utilities for AY 2025-26

27 December 2025 at 06:45

The Income Tax Department has released an updated Common Offline ITR Utility (v1.2.7) for filing ITR-1 to ITR-4 for AY 2025-26 on December 24, 2025.

Posted in Income Tax | 291 Views

Customs Duty Rationalisation Likely Next as Centre Completes GST, IT Overhaul

27 December 2025 at 06:45

India’s 2025 tax overhaul saw major GST rate cuts and higher income tax exemption limits. With GST and IT reforms largely in place, the government is now shifting focus to customs duty rationalisation and procedural simplification in the upcoming Budget.

Posted in GST | 795 Views

ICAI Invites Public Comments on Draft Information Systems Audit Standards (ISAS)

27 December 2025 at 06:45

The Institute of Chartered Accountants of India (ICAI) has invited public comments on the Exposure Draft of Information Systems Audit Standards (ISAS). Stakeholders can submit feedback till January 25, 2026.

Posted in Audit | 360 Views

CBDT Asks Field Officers to Intensify Tax Demand Recovery Amid Revenue Shortfall

26 December 2025 at 06:47

Tax collections are likely to fall short of Budget targets as CBDT asks field formations to intensify recovery of large tax demands and tighten compliance measures.

Posted in Income Tax | 12999 Views