CAclubindia News

CBDT Extends Due Date for Filing Form No. 26QE for FY 2022-23

09 March 2024 at 09:12

In a move to provide relief to taxpayers, the Central Board of Direct Taxes (CBDT) has issued Circular No. 04/2024 dated March 07, 2024, announcing the ex-post facto extension of the due date for filing Form No. 26QE.

Posted in Income Tax | 4818 Views

State Official Arrested for Accepting Bribe to Issue GST Number

09 March 2024 at 09:12

In a significant crackdown on corruption, the Anti-Corruption Bureau (ACB) has apprehended a state official for allegedly accepting a bribe of ₹3,000 in exchange for issuing a Goods and Services Tax (GST) number.

Posted in GST | 1302 Views

Income Tax Department Issues Update On Option for Filing ITR-U u/s 139(8A)

09 March 2024 at 09:11

The Income Tax Department unveiled a crucial update on March 7, 2024, pertaining to the submission of Updated Income Tax Returns (ITR) under section 139(8A) of the Income Tax Act 1961.

Posted in Income Tax | 4545 Views

GSTN issues Advisory On Integration of E-Waybill system with New IRP Portals

09 March 2024 at 09:10

The Goods and Services Tax Network (GSTN) has issued a crucial advisory aimed at facilitating the smooth integration of the Electronic Waybill (E-Waybill) system with the newly revamped Invoice Registration Portal (IRP).

Posted in GST | 5562 Views

CA Foundation and Intermediate Exams to be held Thrice a Year

08 March 2024 at 09:18

In a historic decision taken by ICAI, Intermediate & Foundation course examinations will now be held thrice a year, in the month of January, May/June and September.

Posted in Students | 23082 Views

GST Council Meeting Deferred Until Formation of New Government

08 March 2024 at 09:12

In recent months, the GST Council, tasked with pivotal tax-related deliberations, has encountered challenges in adhering to its mandated schedule

Posted in GST | 804 Views

CGST Commissionerate Uncovers Rs 1,000 Crore Tax Credit Fraud, 3 Arrested in Meerut

08 March 2024 at 09:10

Meerut CGST Commissionerate busts syndicate that fraudulently claimed Input Tax Credit of over Rs. 1,000 crore through a network of 232 fake firms, 3 arrested ..

Posted in GST | 873 Views

CBDT Provides Clarity on Finance Act 2023 Provisions for Trust Donations

07 March 2024 at 09:16

CBDT clarifies provisions under Finance Act 2023 relating to donations made by a trust/institution to another trust/institution for purposes of the application of income

Posted in Income Tax | 1 comments | 5484 Views

Centre Petitions Supreme Court for Consolidation of GST Cases by Money Gaming Companies

07 March 2024 at 09:14

The Union Government has initiated legal action by filing a transfer petition before the Supreme Court, aiming to consolidate all pending cases challenging GST notices issued to real money gaming companies across various High Courts.

Posted in GST | 1200 Views

GSTN Expands Payment Options with Addition of DCB Bank Limited

07 March 2024 at 09:14

The Goods and Services Tax Network (GSTN) has taken a significant stride towards enhancing payment convenience for taxpayers by incorporating DCB Bank Limited into its roster of banks on the GST Portal.

Posted in GST | 468 Views