CAclubindia News
Income Tax Department Conducts Raids on Azam Khan's Trusts and Properties
14 September 2023 at 14:06The Income-tax department carried out raids at more than 30 premises in Uttar Pradesh and Madhya Pradesh. These raids are part of a tax evasion investigation involving Samajwadi Party leader Azam Khan and individuals associated with him.
CBDT Grants Sec 47(viiab) Exemption to Investment Trust Units and IFSC ETFs
14 September 2023 at 08:53The CBDT (Central Board of Direct Taxes) has amended the notification No. 16/2020 dated 05-03-2020 to enhance the scope of section 47(viiab) exemption.
Cabinet Grants Approval for Amendments to Meghalaya GST Act 2017
14 September 2023 at 08:52Meghalaya Cabinet has approved amendments to the Meghalaya Goods and Services Tax Act, 2017. The amendments were approved on September 13, 2023.
Auto Industry Breathes Sigh of Relief as Gadkari Clarifies Diesel GST Plan
13 September 2023 at 08:48There was some confusion and misreporting regarding the potential imposition of an additional 10% GST on diesel vehicles in India.
SC Ruling on Gameskraft GST Case: Game Changer for India's Gaming Industry
13 September 2023 at 08:44The legal case involving Gameskraft and the alleged Rs 21,000 crore Goods and Services Tax (GST) evasion is significant for the broader real-money gaming industry in India.
CBIC Resolves Over 11,000 Public Grievances and Launches Swachhata Campaign 2.0
13 September 2023 at 08:44CBIC disposes off 11,284 public grievances and more than 2,082 public grievance appeals between Nov. 2022 and August, 2023, besides 195 outdoor campaigns across all CBIC field offices under Special Campaign 2.0 for Swachhata
GST Authority Sets 30-Day Invoice Reporting Deadline for High-Turnover Taxpayers Starting 1st Nov 2023
12 September 2023 at 08:46The GST Authority has imposed a time limit of 30 days for reporting invoices from the date of invoice on e-invoice portals for taxpayers with an Aggregate Annual Turnover (AATO) equal to or exceeding 100 crores.
CBDT Resolves 53,000 Grievances in Special Campaign 2.0 for Swachhata
12 September 2023 at 08:45CBDT resolves more than 46,000 public grievances and 7,000 grievance appeals between December, 2022 till July, 2023 under Special Campaign 2.0 for Swachhata and disposal of pending matters
Income Tax Department Investigates Startup Investments for Compliance
11 September 2023 at 08:45Income Tax Department issues notices to certain startups, including those in Ashneer Grover's portfolio, requesting information about their shareholders and seeking to verify the creditworthiness of those investors.
Pidilite Industries Faces Rs 2.64 Lakh GST Penalty Over ITC Dispute
11 September 2023 at 08:44Pidilite Industries, a company known for adhesive, waterproofing solutions, and construction chemicals, has been fined Rs 2.64 lakh by the GST (Goods and Services Tax) department in India.
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