CAclubindia News

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 | 1 comments | 21891 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 | 462 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 | 948 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 | 468 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 | 13110 Views

Commerce Secretary Calls for Strong FTA Provisions to Boost Indian Professional Services Exports

26 December 2025 at 06:47

Commerce Secretary Rajesh Agrawal said legally binding commitments under FTAs are crucial to expand global markets for Indian professional services at a Department of Commerce Chintan Shivir.

Posted in Community & General | 210 Views

CBI Arrests Central GST Superintendent for Taking Rs 5 Lakh Bribe to Reduce Tax Liability

26 December 2025 at 06:47

CBI has arrested a Central GST Superintendent in Mumbai while accepting a Rs 5 lakh bribe to reduce tax liability. Unaccounted cash and property documents were recovered during searches.

Posted in GST | 1794 Views

Centre Revises GSTAT Recruitment Rules for Group C Employees

26 December 2025 at 06:47

The Finance Ministry has amended GST Appellate Tribunal Group C recruitment rules, lowering qualification for Stenographer Grade II and removing deputation for UDC posts.

Posted in GST | 489 Views

DGGI Vizag Busts Fake ITC Racket Involving Rs 27.07 Crore

25 December 2025 at 07:59

The DGGI Visakhapatnam Zonal Unit has detected a fake ITC network involving Rs 27.07 crore, arrested the key accused, and intensified action against GST evasion and bogus invoicing.

Posted in GST | 351 Views

Two Central GST Officers Sent to Judicial Custody in Rs 10 Lakh Bribery Case

25 December 2025 at 07:36

Two Central GST officials accused of demanding a Rs 10 lakh bribe from a hotelier were sent to judicial custody after a CBI trap caught them accepting Rs 4 lakh.

Posted in GST | 483 Views