CAclubindia News

Delhi Teen Files PIL in Supreme Court Challenging GST on Mental Health Services

30 October 2024 at 08:51

In a bold move advocating for mental health affordability and transparency, 17-year-old Delhi student Anvi Kumar, founder of The Mind Canvas and a student at The Shriram School Aravali, Gurgaon, has filed a PIL with the Supreme Court of India.

Posted in GST | 729 Views

Artisan Shocked by Rs 114 Crore Income Tax Notice, Fraudulent Firm Behind the Scam

30 October 2024 at 08:46

In a startling case of identity theft and fraud, a zari artisan from Bareilly, Uttar Pradesh, who earns just Rs 400 to Rs 500 a day, has received an income tax notice for arrears amounting to Rs 114 crore.

Posted in Income Tax | 528 Views

Tax Experts Propose Reforms for Quicker Disposal of Pending Appeals and Reduced Compliance Burden

30 October 2024 at 08:42

Tax experts are calling for significant reforms, including faster resolution of pending cases at the Commissioner of Income Tax (Appeals) level

Posted in Income Tax | 267 Views

GST Returns to Be Barred After Three-Year Deadline

29 October 2024 at 17:23

GST Filing Changes: No Returns Accepted After Three Years Under New Finance Act

Posted in GST | 2574 Views

DGGI Uncovers Rs 8000 Crore Fake GST Firm Scam Involving Pune-Based Auto Rickshaw Driver

29 October 2024 at 09:04

The Directorate of GST Intelligence (DGGI) has uncovered a massive fake GST firm scam worth between Rs 5,000 and Rs 8,000 crores.

Posted in GST | 2 comments | 1428 Views

GST a "Classical Example of Cooperative Federalism," Says CJI D Y Chandrachud

29 October 2024 at 09:01

Chief Justice of India (CJI) D Y Chandrachud emphasized the significance of cooperative federalism in the governance of India, calling the introduction of the Goods and Services Tax (GST) a "classical example" of this system.

Posted in GST | 753 Views

Manpower Supply to Foreign Firms for Work in India Will Attract GST: UPAAR Ruling

29 October 2024 at 09:00

In a recent ruling, the Uttar Pradesh Authority for Advance Ruling (UPAAR) stated that the supply of manpower for work in India to foreign clients, who have no permanent establishment in the country, will not be treated as an export of services and w

Posted in GST | 1956 Views

Karnataka and Tamil Nadu Rank Among Top 5 States in Direct Tax Collections

29 October 2024 at 08:58

In a recent report by the State Bank of India (SBI), Karnataka and Tamil Nadu have emerged as key contributors to India's direct tax collections, ranking second and fourth, respectively.

Posted in Income Tax | 594 Views

Mumbai Customs Zone Issues Advisory Implicating Customs Brokers as Co-Noticees in Interpretative Disputes

28 October 2024 at 08:51

The Mumbai Customs Zone-II issued Advisory No. 02/2024 on October 23, 2024, making Customs Brokers co-noticees in cases involving interpretative disputes to ensure compliance.

Posted in GST | 819 Views

CBIC Issues Corrigendum to Clarify Provisions Under Section 16 of CGST Act, 2017

28 October 2024 at 08:48

The CBIC issued a corrigendum on October 25, 2024, to Circular No. 237/31/2024-GST, addressing implementation issues related to Section 16(5) and 16(6) of the CGST Act, 2017.

Posted in GST | 2115 Views