Articles

Pidilite Industries Limited disclosed a Rs. 2,10,40,494 GST penalty from the Central GST Goa office, stating it will not impact operations.

Pidilite Receives Rs. 2.1 Crore GST Penalty Order from Central GST Goa

Judgement

Citing Section 115A(5), the ITAT highlighted that the assessee company, with only interest income, was not required to file a separate income tax return unless it had a permanent establishment or POEM.

No ITR Required for Interest Income Under Section 115A(5) Without POEM in India: ITAT

Notifications

The Ministry of Finance announced that anti-dumping duty on imported flax fabric will continue to help safeguard the Indian textile industry.

Government issues notification on continuation of Anti-Dumping Duty for Flax Fabric

The Central Government has granted income tax exemption to Ayodhya Vikas Pradhikaran under Section 10(46A) of the Income Tax Act, 1961.

FM Notifies Ayodhya Vikas Pradhikaran for Tax Exemption under Income Tax

Announcement

All TDS/TCS correction statements for FY 2018–19 to FY 2023–24 must be filed by March 31, 2026, as filings will not be accepted thereafter.

TDS Breaking: Traces releases last date for Filing TDS/TCS Correction Statements up to FY 2023-24, Check Now

The new forms and rules will be officially announced by the Income Tax Department around the implementation date of April 1, 2026

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Pidilite Receives Rs. 2.1 Crore GST Penalty Order from Central GST Goa

No ITR Required for Interest Income Under Section 115A(5) Without POEM in India: ITAT

Government issues notification on continuation of Anti-Dumping Duty for Flax Fabric

FM Notifies Ayodhya Vikas Pradhikaran for Tax Exemption under Income Tax

TDS Breaking: Traces releases last date for Filing TDS/TCS Correction Statements up to FY 2023-24, Check Now

TDS Under New Income Tax Act, 2025: Checklist for Preparation