CAclubindia News
SC Requests Income Tax Department's Response to Notices Sent to Panel Assisting in Property Sealing
26 September 2024 at 09:16The Supreme Court has requested a response from the Income Tax Department regarding notices issued to a committee assisting the court in sealing residential premises used for commercial purposes.
CBIC Official: Data Discrepancies Behind Most GST Show-Cause Notices in 2023-24
26 September 2024 at 09:16A significant number of the show-cause notices issued to taxpayers under the GST regime in 2023-24 stemmed from data discrepancies in tax return filings, a senior indirect tax official said on Tuesday.
Infosys May Get Full Relief on Reverse-Charge GST as CBIC Considers Key Modifications
26 September 2024 at 09:13CBIC is considering amending its June 26, 2024, circular to quash Goods and Services Tax (GST) liabilities for Infosys and similar companies facing tax demands on fund transfers to their overseas branches.
GoM Unlikely to Offer Relief to Real Estate Sector on Joint Development Agreements
26 September 2024 at 09:12Most members of the Group of Ministers (GoM) of the Goods and Services Tax (GST) Council have indicated they are not in favor of providing any tax relief to the real estate sector concerning Joint Development Agreements (JDAs).
7 Arrested for Rs 900 Crore GST Scam Involving 48 Shell Companies
26 September 2024 at 09:10In a major breakthrough, Uttar Pradesh police uncovered a large-scale GST fraud syndicate, arresting seven individuals in Muzaffarnagar on Tuesday.
GST Officers Uncover 10,700 Fake Firms in Rs 10,179 Crore Tax Evasion Scam
25 September 2024 at 09:09Tax authorities have uncovered approximately 10,700 fake GST registrations, involving tax evasion worth ₹10,179 crore, during an ongoing all-India drive against fraudulent companies, a senior official from CBIC announced.
MCA Grants 5-Year Extension for Producer Companies on Share Dematerialisation Compliance
25 September 2024 at 09:07MCA Extends Compliance Deadline for Producer Companies on Share Dematerialisation to 2028
DGGI Issues Notices to Over a Dozen Food & Beverage Companies for Trademark Usage Violations
25 September 2024 at 09:05DGGI Issues Rs 3,000 Crore GST Notices to Food & Beverage Companies Over Franchise Trademark Usage
Supreme Court Disposes 573 Direct Tax Cases Following Revised Monetary Appeal Limits
25 September 2024 at 08:59Hon'ble Supreme Court disposed off 573 direct tax cases in view of the revised monetary limit of filing of appeals
Archival of GST Returns Data on GST Portal
25 September 2024 at 08:58As per GST portal data policy, data for view of taxpayer to be retained for seven years only. Therefore, the same data policy is being implemented on the GST portal.
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