CAclubindia News

CBIC detected Rs 62K crore GST evasion via fake invoices till date

20 December 2022 at 08:47

CBIC has booked over 8,200 cases involving revenue of over Rs. 62,000 crore since inception of GST till date.

Posted in GST | 5313 Views

CBIC announces that centre & states engaged on property, discoms information sharing to widen GST payer base

20 December 2022 at 08:47

The chief of the Central Board of Indirect Taxes (CBIC) has announced that the Centre and states are working on pilot projects on sharing of data with discoms and property tax details to identify non-GST registered businesses.

Posted in GST | 3906 Views

Gross direct tax collection grows 25.90% to Rs.13.63 lakh crore for FY 2022-23

19 December 2022 at 08:39

Gross Direct Tax collections for the Financial Year (FY) 2022-23 register a growth of 25.90%

Posted in Income Tax | 4032 Views

CBDT issued SOP on filing of Appeals / SLPs by IT Dept in Supreme Court and related matters

19 December 2022 at 08:39

The CBDT vide Instruction No. 2/2022 dated December 15, 2022 has issued the Standard Operating Procedure ("SOP") on the filing of Appeals/Special Leave Petitions ("SLPs") by the Income Tax Department in the Supreme Court and related matters.

Posted in Income Tax | 9075 Views

Key Highlights of 48th GST Council Meeting

17 December 2022 at 08:17

Finance Minister Nirmala Sitharaman will chair the 48th GST Council meeting virtually today. The Federal indirect tax body may consider over a dozen of changes to bring clarity to tax provisions.

Posted in GST | 25605 Views

ICAI MSME Yatra enters India Book of Records for Maximum Programmes in Maximum Cities

17 December 2022 at 08:11

The Committee on MSME & Start-up of the Institute of Chartered Accountants of India (ICAI) entered into the INDIA BOOK OF RECORDS for covering MSME programmes in the maximum number of cities during ICAI MSME Yatra & Setu.

Posted in Professional Resource | 5655 Views

SC: IT department cannot initiate reassessment proceedings during pendency of rectification proceedings

16 December 2022 at 11:31

The Supreme Court has held that the income tax department cannot initiate the reassessment proceedings during the pendency of the rectification proceedings.The division bench of Justice M.R. Shah and Justice C.T. Ravikumar has observed that the Punja

Posted in Income Tax | 6954 Views

ICAI notifies CPE hours requirements for block period of 3 years (1st Jan 2020 - 31st Dec 2022)

16 December 2022 at 08:40

CPE hours requirements for the block period of 3 Years (1st Jan 2020 - 31st Dec 2022)

Posted in Professional Resource | 13641 Views

ICAI issues implementation guide to Standard on Auditing (SA) 230

16 December 2022 at 08:33

Implementation guide to Standard on Auditing (SA) 230

Posted in Audit | 6096 Views

ICAI welcomes observations of the candidates on the question papers of CA Foundation Dec 2022 exams

15 December 2022 at 08:29

Observations of the candidates on the question papers of CA Foundation examinations- December 2022

Posted in Students | 6216 Views