CAclubindia News

IT Department Seizes Unexplained Cash Ahead of Key Assembly Elections in Five States

17 November 2023 at 08:41

In the lead-up to the upcoming Assembly elections in five states, the Income Tax Department has significantly increased its efforts to curb the flow of unexplained cash.

Posted in Income Tax | 5679 Views

CBIC Unveils 29 Updated Customs E-Brochures in Nov 2023

16 November 2023 at 08:58

CBIC Unveils Comprehensive Update with 29 E-Brochures, Transforming Customs Landscape

Posted in GST | 5139 Views

Kerala GST Dept Issues Operational Guidelines for Tax and Non-GST Remittance via e-Treasury Portal

16 November 2023 at 08:56

Kerala GST Department vide Trade Notice No. 18/2023 dated October 30, 2023 issued Operational instructions regarding the Payment of tax and other amounts including arrear demands issued in Acts other than GST through the e-Treasury Portal.

Posted in GST | 2451 Views

Govt Initiates Action Against Non-Issuance of E-Invoices by Mandated Taxpayers

16 November 2023 at 08:55

CBIC issued Instructions vide F. No. CBIC- 20006/15/2023-GST dated October 18, 2023 regarding the action in respect of non-issuance of e-invoices by notified class of taxpayers who are mandatorily required to issue e-invoice as per legal provisions.

Posted in GST | 4392 Views

Vivad se Vishwas II Scheme Deadline Extended to 31st Dec 2023 for Claim Submissions

16 November 2023 at 08:53

Ministry of Finance Extends Vivad se Vishwas II Scheme Deadline for Government Contract Disputes

Posted in Others | 2736 Views

Apple, Amazon and Google Face Legal Heat Over Alleged Rs 5000 Crore Income Tax Evasion

15 November 2023 at 08:39

Tech Giants Face Scrutiny for Potential Tax Non-Payment

Posted in Income Tax | 5433 Views

GSTN issues Advisory for Online Compliance Pertaining to ITC mismatch - GST DRC-01C

15 November 2023 at 08:38

Difference in Input Tax Credit (ITC) available in GSTR-2B & ITC claimed in the GSTR-R3B

Posted in GST | 5736 Views

GSTN | ITC Reversal on Account of Rule 37(A)

15 November 2023 at 08:37

Vide Rule 37A of CGST Rules, 2017 the taxpayers have to reverse the Input Tax Credit (ITC) availed on such invoice or debit note, the details of which have been furnished by their supplier in their GSTR-1/IFF but the return in FORM GSTR-3

Posted in GST | 9549 Views

Bombay HC Declares Reassessment Proceedings Invalid for Non-Existent Entity with Active PAN

14 November 2023 at 08:37

In a recent judgment, the Bombay High Court has ruled against the validity of reassessment proceedings conducted by the tax department against non-existent entities, even though the Permanent Account Number (PAN) remained active.

Posted in Income Tax | 5553 Views

ICAI Welcomes Contributions for Self-paced Online Module Exam Question Bank

14 November 2023 at 08:36

Invitation for contribution to Question Bank in respect of Self-paced Online Module Examinations (Set-A & Set-B)

Posted in Professional Resource | 8130 Views