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December 2025 — Monthly event calendar: topics & activity ideas
Event Date
Act
Applicable Form
Obligation
07/12/2025
Income Tax
Challan No. ITNS-281
"Payment of TDS/TC...
Taxation of Private Trusts in India: Conceptual Framework, Classification and Emerging Issues
Taxation of Private Trusts in India: Conceptual Framework,
Classification and Emerging IssuesThe taxation of private trusts in
India is governed primarily by sections 160 to 167 of the Income-tax Act, 1961.
These prov...
TAX-RATE DETERMINATION FOR CHARITABLE TRUSTS NOT CLAIMING SECTION 11 BENEFIT Whether Normal Slab Rates Apply or Maximum Marginal Rate (MMR) as AOP/BOI
TAX-RATE DETERMINATION FOR CHARITABLE
TRUSTS NOT CLAIMING SECTION 11 BENEFIT Whether Normal Slab Rates Apply or
Maximum Marginal Rate (MMR) as AOP/BOICase: Vindhya Trust v. DCIT, ITAT Delhi
(2025)ITA Nos. 2121 &a...
Who is eligible to claim depreciation in a lease transaction - Whether the lessor (person who hires or leases the asset for a consideration) or the lessee (who hires for business use) ?
Who
is eligible to claim depreciation in a lease transaction - Whether the lessor
(person who hires or leases the asset for a consideration) or the lessee (who
hires for business use) ?
As per income tax Act, 1961,...
Section 10(46) Tax Exemption Granted to HSBTE Panchkula: Key Provisions and Compliance Conditions under CBDT Notification 163/2025
MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF
DIRECT TAXES)
NOTIFICATION New Delhi, the 26th November, 2025 S.O. 5442(E).—
In exercise of the powers conferred by clause (46) of section 10 of th...
NOTIFICATION No. 11/2025–Central Tax New Delhi, the 27th March, 2025., Amendments to CGST Rules via Notification 11/2025: Key Changes in Rule 164, Appeal Handling under Section 128A, and Critical Compliance Precautions for Professionals
[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3,
SUB-SECTION (i)] GOVERNMENT
OF INDIA MINISTRY OF FINANCE (DEPARTMENT&nb...
Government has launched Credit Assessment Model for MSMEs to enhance digitally driven loan appraisal
Government has launched Credit Assessment Model for MSMEs to enhance digitally driven loan appraisalSeveral initiatives taken up to promote digital payment transactionsPosted On: 02 DEC 2025 5:53PM by PIB DelhiThe govern...
Addition under Section 50C – Assessment Finalised Without Awaiting DVO Report – Whether Sustainable in Law?
Section 50C Addition Finalised
Without Awaiting DVO Report – Legality ExaminedRajni Arvind Birla v. ITO,
Ward-3(1)(1), Ahmedabad
ITAT Ahmedabad | ITA No. 930/Ahd/2025 | Order dated 28.11.20251. Core ControversyThe T...
Revision of Tax Audit Report – A Comprehensive Professional Analysis
Revision of Tax Audit Report – A
Comprehensive Professional Analysis 1. General PrincipleA Tax Audit Report, once issued,
is ordinarily not intended to be revised. The very nature of an audit report
demands fin...
SMALL COMPANY COMPLIANCE CHECKLIST
SMALL COMPANY COMPLIANCE CHECKLIST
(Applicable from FY 2025–26 as per revised thresholds w.e.f. 01-12-2025)
Eligibility: Paid-up Capital ≤ ₹10 Crore AND Turnover ≤ ₹100 Crore
Annual Eligibility Verification...