CAclubindia News

CBDT Notifies Revised Form ITR-U for Filing Updated Returns Under Section 139(8A)

20 May 2025 at 09:02

The Central Board of Direct Taxes (CBDT) has notified the revised Form ITR-U under Notification No. 49/2025, published in the Official Gazette.

Posted in Income Tax | 2946 Views

Finance Ministry Amends Rule 8 of Securities Contracts Rules to Boost Ease of Doing Business for Brokers

20 May 2025 at 08:57

The Department of Economic Affairs (DEA), Ministry of Finance, amended Rule 8 of the Securities Contracts (Regulation) Rules (SCRR), 1957, via Gazette Notification G.S.R. 318(E). T

Posted in Community & General | 1305 Views

CBIC Celebrates 8 Years of GST with 'Sundays on Cycle' Fitness and Outreach Campaign

19 May 2025 at 08:43

In the run-up to completion of eight years of GST, the CBIC, in coordination with the FIT INDIA Movement, organised a nationwide cyclothon titled "Sundays on Cycle" under the aegis of FIT INDIA movement launched by the Prime Minister, Shri Narendra Modi.

Posted in GST | 1938 Views

RBI Issues New Rs 20 Notes with Governor Sanjay Malhotra's Signature

19 May 2025 at 08:43

Issue of Rs 20 Denomination Banknotes in Mahatma Gandhi (New) Series bearing the signature of Shri Sanjay Malhotra, Governor

Posted in Community & General | 309 Views

CGST Delhi South Commissionerate awarded BIS IS 15700:2018 Certification

17 May 2025 at 06:47

The Central Goods and Services Tax (CGST) Delhi South Commissionerate has been awarded the Bureau of Indian Standards (BIS) IS 15700:2018 certification, recognising its commitment to excellence in public service delivery.

Posted in GST | 315 Views

Aadhaar Authentication Crosses 150 Billion Transactions

17 May 2025 at 06:47

The total number of Aadhaar authentication transactions have crossed 150 billion (15,011.82 Cr) marks, making it a milestone moment in the journey of the Unique Identification Authority of India (UIDAI) and for the broader Aadhaar ecosystem.

Posted in Income Tax | 828 Views

GSTN Defers Non-Editability of GSTR-3B Table 3.2 Amid Taxpayer Concerns

17 May 2025 at 06:47

In a relief to GST filers, the Goods and Services Tax Network (GSTN) has announced that Table 3.2 of Form GSTR-3B will remain editable for the time being, contrary to the earlier advisory that proposed making it non-editable starting April 2025.

Posted in GST | 2304 Views

CBIC Issues Revised Formats for Customs Arrest and Incident Reports, Mandates DIGIT ID

16 May 2025 at 09:03

The Central Board of Indirect Taxes and Customs (CBIC) has issued Instruction No. 10/2025-Customs dated May 13, 2025, introducing revised formats for filing Arrest Reports and Incident Reports under Customs law.

Posted in Custom | 1437 Views

Delhi High Court Fines Firm for Fraudulent GST ITC Claims

16 May 2025 at 08:59

The Delhi High Court has raised a red flag over the rampant misuse of a key provision of the Central Goods and Services Tax (CGST) Act, imposing a fine on a private firm for fraudulently availing Input Tax Credit (ITC) using fake invoices

Posted in GST | 591 Views

E-Way Bill Generation Hits Second-Highest Record in April 2025 at 11.93 Crore

15 May 2025 at 09:11

In a strong indication of rising economic activity, E-Way Bill (EWB) generation in April 2025 surged to 11.93 crore, marking the second-highest monthly tally ever recorded.

Posted in GST | 546 Views