Weekly Digest of Notifications & Circulars – Week Ending 31st August 2025
(Income Tax, GST, Central Excise, Custom Duty, DGFT, SEBI, MCA, IBBI, RBI) (Click the Link for Notification/ Circular as issued) […]
Misc, Weekly Digest
Income Tax, Income Tax Notifications
Income Tax PCCI Notification 01/2025 Dated 27/08/2025 – IIT Madras Research Park gets Income Tax approval for Scientific Research
The Principal Chief Commissioner of Income Tax (Exemptions), has approved IIT Madras Research Park, for ‘Scientific Research’ under section 35(1)(iia)
Income Tax, Income Tax Notifications
Income Tax Notification 138/2025 Dated 22/08/2025 – Exemptions to Karnataka State Building & Other Construction Workers Welfare Board
Karnataka State Building & Other Construction Workers Welfare Board, a board constituted by Government of Karnataka, has been notified under section
Income Tax, Income Tax Notifications
Income Tax Notification 139/2025 Dated 22/08/2025 – Exemptions to Credit Guarantee Fund Trust for Animal Husbandry and Dairying
Credit Guarantee Fund Trust for Animal Husbandry and Dairying, a Trust constituted by Central Government, as part of the Prime
Income Tax, Income Tax Notifications
Income Tax Notification Dated 21/08/2025 – Taxation Laws Amendment Act, 2025
The Taxation Laws Amendment Act, introduces changes to the Income- tax Act, and the Finance Act, 2025. It provides for
GST, GSTN Advisory
GST GSTN Advisory Dated 28/08/2025 – System Enhancement for Order-Based Refunds
As per the available functionality, taxpayers could claim refunds under the category “On account of Assessment/Enforcement/Appeal/Revision/Any Other Order” (ASSORD). The
AAR Ruling, GST
GST AAR WB Ruling Dated 22/08/2025 – PVC Raincoats classified under HSN 392620, GST at 18% Rate
Case of Waterproof Products Manufacturers & Traders Welfare Association, AAR West Bengal Ruling Dated 22nd August 2025. AAR ruled that the HSN
AAR Ruling, GST
GST AAR WB Ruling Dated 22/08/2025 – Clarification of GST on Hotel American/ Continental plans and restaurant services
Case of Orsino Hotels & Resorts LLP, AAR West Bengal Ruling Dated 22nd August 2025. AAR ruled that under the American Plan
AAR Ruling, GST
GST AAR WB Ruling Dated 22/08/2025 – GST Rate on accommodation services provided to RBI Staff
Case of Orsino Hotels & Resorts LLP, AAR West Bengal Ruling Dated 22nd August 2025. AAR ruled that the accommodation services provided by
AAR Ruling, GST
GST AAR Tamil Nadu Ruling Dated 18/08/2025 – ITC not allowed on Electrical Works for factory expansion
Case of Shibaura Machine Private Limited, AAR Tamil Nadu Ruling Dated 18th August 2025. AAR ruled that the taxes under GST paid on