by Team SKM | Jun 4, 2025 | ITR, News
June 2025 | New Delhi The Income Tax Department has introduced significant updates in the ITR Excel utility for Assessment Year 2025-26 (Financial Year 2024-25), aimed at enhancing transparency and speeding up processing. These changes are particularly relevant for...
by Team SKM | May 30, 2025 | ITR, News
The Income Tax Department has officially commenced the Income Tax Return (ITR) filing process for the Financial Year 2024-25 (Assessment Year 2025-26). As part of the initial rollout, the department has made the Excel-based utilities for ITR-1 and ITR-4 available for...
by Team SKM | May 23, 2025 | News
Lucknow: Chief Minister Yogi Adityanath on Wednesday met Tata Sons Chairperson N Chandrasekaran in Lucknow and discussed industrial development, investment promotion, and future strategies for the state, aimed at positioning Uttar Pradesh as a hub for both domestic...
by Team SKM | May 21, 2025 | GST, News
In a major relief for businesses, the Supreme Court upholds the use of the Electronic Credit Ledger for the mandatory 10% GST appeal pre-deposit, easing cash flow challenges during litigation. In a landmark judgment offering major relief to businesses across India,...
by Team SKM | May 17, 2025 | GST, News
The long-anticipated Goods and Services Tax Appellate Tribunal (GSTAT) is now functional, providing taxpayers, consultants, and businesses with a formal platform for resolving GST disputes. Here are 10 important takeaways to help you navigate the new appellate process...
by Team SKM | May 17, 2025 | GST, News
Stay compliant and avoid penalties by understanding these critical GST updates effective in 2025: Mandatory Multi-Factor Authentication (MFA) – Effective April 1, 2025 Starting April 1, 2025, all GST-registered taxpayers must use Multi-Factor Authentication (MFA) to...
