Daily Newsletter - November 10, 2025

Latest additions to CAalley:

News Update:

Indian News

International News

Exposure Draft:

IBBI Draft

From the ICAI:

ICAI Publications - GST

Legal Updates:

Income Tax

Customs

News Update:

Indian News:

Deadline to file TDS/TCS correction statement announced: File your request on time or risk missing credit in Form 26AS or AIS

Rs 80 lakh gift from brother-in-law lands man in tax trouble; here’s how he won the case

No protection for digital gold? Sebi cautions investors buying unregulated products — Here's what you need to know

Wife gets tax notice for purchasing Rs 51 lakh property but not filing ITR, she fights back and wins in ITAT Ahmedabad

Now get faster tax refunds and easier ITR corrections: New CBDT rules explained

India working on multilateral tax certainty framework, says principal commissioner Income Tax

ICAI inks pact with Indian Army for real time UDIN verification

Full tax exemption for mother-in-law and son-in-law in ITAT Mumbai on sale of Rs 4 crore property due to this reason

International News:

UAE tightens freelance visa procedures, denies suspension rumours

UK faces 14% millionaire drop amid tax crackdown; Greece tops visa rush

Exposure Draft:

IBBI Draft:

Discussion Paper – Template for declaration of Beneficial Ownership and Section 32A Affidavit to be submitted by Prospective Resolution Applicant (PRA)
[Last date for Comments: November 16, 2025] 

From the ICAI:

ICAI Publications - GST:

Handbook on Input Service Distributor under GST (Revised) [Published in September 2025]

Legal Updates:

Income Tax:

Advance Pricing Agreement (APA) Programme of India
Annual Report (2024-25)

Customs:

Syncing of ITC (HS), 2022 - Schedule-1 (Import Policy) with Finance Act 2025 (No. 07 of 2025) dated 29.03.2025 [Instruction No.32]

Seeks to impose anti dumping duty on imports of “Flax or Linen fabric having flax content of more than 50%” originating in or exported from China and Hong Kong [Notification No.31(ADD)]