CAclubindia News
RBI Keeps Repo Rate Unchanged At 6.5%
06 April 2024 at 09:03Keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 6.50 per cent.
Kanpur Man Arrested for Posing as Income Tax Officer to Hide Unemployment
05 April 2024 at 14:33A 24-year-old man from Nai Basti, identified as Ritesh Sharma, found himself in police custody on Wednesday for allegedly posing as an Income Tax officer.
Gujarat's GST Department Sees 43% Drop in GSTIN Applications
05 April 2024 at 09:04Gujarat's GST department has observed a substantial 43% decline in the monthly average of GSTIN (Goods and Services Tax Identification Number) applications since November 2023.
CBDT Enables Functionalities to File ITRs for AY 2024-25 w.e.f 1st April 2024
05 April 2024 at 09:01The Central Board of Direct Taxes (CBDT) has facilitated taxpayers to file their Income Tax Returns (ITRs) for the Assessment Year 2024-25 (relevant to Financial Year 2023-24) from 1st April, 2024 onwards.
Vedanta Faces Rs 1.86 Crore GST Demand Notices Over Ineligible ITC
04 April 2024 at 09:00Mining giant Vedanta Ltd finds itself entangled in a GST dispute, with the tax authority demanding Rs 1.86 crore over 'ineligible' input tax credit. The company intends to challenge the orders, expressing optimism for a favorable resolution.
New e-Invoicing Mandate for Turnover Exceeding INR 5 Crores w.e.f 1st April 2024
04 April 2024 at 08:58If your turnover exceeds INR 5 crores in the financial year 2023-2024, you will be required to start e-Invoicing from the next financial year, i.e., from 1st April 2024 onwards
Infosys Faces Rs 341 Crore Tax Demand for AY 2020-21
03 April 2024 at 09:03Infosys, the renowned IT services company, disclosed receiving a substantial tax demand from the Income Tax Department, amounting to Rs 341 crore for the assessment year 2020-21.
CBDT Sets 30-Day Verification Deadline for Income Tax Returns from 1st April 2024
03 April 2024 at 09:02CBDT has issued a significant notification, No. 2 of 2024, dated March 31, 2024, pertaining to the time limit for verifying income tax returns after uploading. ..
Income Tax Department Unearths Massive PAN Misuse in Fake HRA Claims
02 April 2024 at 09:13The Income tax department has uncovered a sophisticated scam involving the fraudulent exploitation of PAN to claim HRA without actual tenancy.
Zomato Faces Rs 23.26 Crore GST Demand for FY 2018-19
02 April 2024 at 09:12Zomato disclosed on Sunday that it has received an order for the fiscal year 2018-19 following an audit of GST returns and accounts conducted by the Assistant Commissioner of Commercial Taxes (Audit) in Karnataka.
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