Easy Office
LCI Learning

CAclubindia News


Five States Ready for Aadhaar-based GST Registration Authentication

   14 May 2024 at 08:44

Five states, including Karnataka, Tamil Nadu, and Telangana, are now considering the implementation of Aadhaar-based authentication for GST registration, marking a significant shift in ensuring the integrity of the tax system

Posted in GST |   1584 Views


CBDT releases new functionality in AIS to increase transparency

   14 May 2024 at 08:43

Taxpayers can now check whether their feedback is acted upon by the Source/Reporting Entities

Posted in Income Tax  1 comments |   3732 Views


Section 43B: Deductible Expenses Beyond MSME Payments

   13 May 2024 at 08:57

Section 43B of the Income Tax Act, 1961, stands as a critical component shaping the financial landscape for businesses and professionals in India.

Posted in Income Tax |   552 Views


Supreme Court: GST Officers Require Verifiable Material, Not Mere Suspicion Before Arrest

   13 May 2024 at 08:57

The Supreme Court of India witnessed a significant legal debate on May 9th, 2024, concerning the legality of arrest powers granted to officers under the Customs Act and GST Act.

Posted in GST |   2574 Views


ITR-3 Excel, Offline & Online Utility for AY 2024-25 Now Accessible for Filing

   11 May 2024 at 09:05

Excel, Offline and Online Utility of ITR-3 for AY 2024-25 is available for filing.

Posted in Income Tax |   339 Views


MCA Seeks Feedback On Review of Rules specified under the Chartered Accountants Act, 1949

   11 May 2024 at 09:04

The Ministry of Corporate Affairs has initiated a public consultation process to review the rules specified under the Chartered Accountants Act, 1949.

Posted in Corporate Law |   1962 Views


RBI appoints Shri R. Lakshmi Kanth Rao as new Executive Director

   11 May 2024 at 09:03

The Reserve Bank of India (RBI) has appointed Shri R. Lakshmi Kanth Rao as Executive Director (ED) with effect from May 10, 2024.

Posted in Others |   123 Views


Former GST Official Sentenced to 3 Years in Bengaluru Bribery Case

   10 May 2024 at 08:47

The Special Judge for CBI cases in Bengaluru has delivered a verdict in the case involving Jitendra Kumar Dagur, the former Superintendent of Central Excise and Central Tax (GST).

Posted in GST |   570 Views


Supreme Court Directs Centre to Avoid Coercion in GST Recovery Operations

   09 May 2024 at 17:36

The Supreme Court issued a significant directive to the Centre on Wednesday, emphasizing the avoidance of coercion and threats in Goods and Services Tax (GST) recovery operations.

Posted in GST  1 comments |   2925 Views


Over 800,000 Income Tax Returns Filed for AY 2024-25

   09 May 2024 at 09:15

The Central Board of Direct Taxes (CBDT) has reported a significant surge in tax return filings for Assessment Year 2024-25, with over 800,000 returns already submitted since April 1, 2024.

Posted in Income Tax |   3789 Views