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| Dear Reader, | |||
| Greetings for the day!!! We are pleased to share the recent Income Tax notification and circulars. |
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| S.no | Description | Relevant links |
| 1. | CBDT provides recognition to “The Delhi Building and Other Construction Workers Welfare Board (PAN: AAAJT1846R)” u/s 10(46) of the Act. | Notification no.18/2025 Dtd 06.03.2025 |
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| S.no | Description | Relevant links |
| 1. | GST on Asset Sale by Liquidator: AAR West Bengal Mandates Registration & Compliance: The AAR West Bengal ruled that the sale of assets by a liquidator qualifies as a "supply" under GST. The liquidator must obtain GST registration and comply with tax obligations. |
Order No. 25/WBAAR/2024-25 dtd 27.02.2025 |
| 2. | GST Biometric Update: Directors Can Now Verify in Their Home State: Promoters and directors of companies can now complete GST biometric authentication at any GST Suvidha Kendra (GSK) within their home state, instead of the designated jurisdictional GSK. |
GST Advisory dtd 03.03.2025 |
| 3. | Reconstitution of Authority for Advance Ruling Under Odisha GST Act: The amendment reconstitutes the Authority for Advance Ruling (AAR) under Section 96 of the Odisha GST Act, 2017. The updated notification appoints Ms. Pratima Mohanty, Additional Commissioner of State Tax, Odisha, as the new member under Serial Number 1. |
Notification No. 7663-FIN-CT1-TAX-0072/2017 dtd 05.03.2025 |
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