Weekly Digest of Notifications & Circulars – Week Ending 21st September 2025
(Income Tax, GST, Central Excise, Custom Duty, DGFT, SEBI, MCA, IBBI, RBI) (Click the Link for Notification/ Circular as issued) […]
Misc, Weekly Digest
September 2025
Income Tax, Income Tax Notifications
Income Tax Notification 146/2025 Dated 15/09/2025 – Exemptions to Ghaziabad Development Authority
Ghaziabad Development Authority, an authority constituted under the Uttar Pradesh Urban Planning and Development Act, has been notified under section 10(46A)
Income Tax, Income Tax Notifications
Income Tax Notification 147/2025 Dated 15/09/2025 – Exemptions to Tamil Nadu Electricity Regulatory Commission
Tamil Nadu Electricity Regulatory Commission, a commission constituted under The Electricity Act, 2003, has been notified under section 10(46A) for exemption
Income Tax, Income Tax Circulars
Income Tax Circular 12/2025 Dated 15/09/2025 – Extension of due date for filing of ITRs for the Assessment Year 2025-26
CBDT extended the due date for filing Income Tax Returns (ITR) for the Assessment Year (AY) 2025-26, for non-auditable assesses,
Income Tax, Income Tax Circulars
Income Tax Circular 13/2025 Dated 19/09/2025 – CBDT Waives interest on section 87A Rebate demands after Rectification
It was observed that in some instances, taxpayers were incorrectly granted rebate under section 87A on incomes chargeable to special
Income Tax, Judiciary
Income Tax, HC Delhi Judgement Dated 18/09/2025 – Scam Proceeds Not Taxable Income, PMLA overrides Income Tax Act
Case of ACIT vs State, HC Delhi Judgement Dated 18th September 2025. HC held that money defrauded from investors does not constitute
GST, GST Notifications
GST Notification 13/2025 Dated 17/09/2025 – Amendments to Central Goods and Services Tax Rules
The notification amends CGST Rules, mainly includes: The notification is applicable from 22nd September 2025, unless otherwise stated. (Link: CGST Notification
GST, GST Notifications
GST Notification 14/2025 Dated 17/09/2025 – Persons not eligible for Provisional Refund
The notification effective from 1st October 2025, provides that following category of registered persons who shall not be allowed refund on
GST, GST Notifications
GST Notification 15/2025 Dated 17/09/2025 – Exemption from filing annual return (FORM GSTR-9) for Small Taxpayers
The notification provides that the registered persons with aggregate turnover up to INR 2 crore are exempt from filing the
GST, GST Notifications
GST Notification 16/2025 Dated 17/09/2025 – Commencement of specified provisions of the Finance Act 2025
The notification appoints 1st October 2025 as the date on which clauses (ii) and (iii) of section 121, sections 122 to