CAclubindia News

DRI detects 72 hidden packets weighing 39.5 kg of suspected narcotic substance

10 September 2022 at 08:39

DRI detects 72 hidden packets weighing 39.5 kg of suspected narcotic substance Heroin in Operation "Gear Box"The Directorate of Revenue Intelligence (DRI) along with ATS, Gujarat, detect 72 hidden packets weighing 39.5 kg of powder in bags,

Posted in Custom | 2577 Views

IT Department conducts searches on prominent business groups in Maharashtra

10 September 2022 at 08:39

The Income Tax Department carried out a search & seizure action on 25.08.2022 on two groups engaged in the business of sand mining, sugar manufacturing, road construction, healthcare, running of medical college etc.

Posted in Income Tax | 1695 Views

ICAI releases schedule for CA Foundation Dec 2022 Exams

09 September 2022 at 20:36

In pursuance of Regulation 22 of the Chartered Accountants Regulations, 1988, the Council of the Institute of Chartered Accountants of India is pleased to announce that the next CA Foundation Examination will be held on the dates and places

Posted in Students | 5658 Views

E-way bill generation at all time high as festive season arrives

09 September 2022 at 17:46

E-way bills, or electronic way bills, reflected a growth of 19 percent this year after their generation reached an all-time high of 78.21 million in August.

Posted in GST | 2 comments | 3696 Views

CGST officers busts Rs. 142 Crore fake GST invoice racket

09 September 2022 at 08:42

Officers of CGST Mumbai South Commissionerate have busted a fake GST invoice racket, which was used to pass on fake GST Input Tax Credit (ITC) of Rs. 27.80 crore on invoices of Rs 142 Crore

Posted in GST | 4863 Views

GST wing of CBIC conducts tax inspections against insurance companies

08 September 2022 at 08:45

The Goods and Services Tax wing of the Central Board of Indirect Taxes and Customs (CBIC) has carried out tax searches and inspections against several insurance companies.

Posted in GST | 5550 Views

ICAI | External Confirmations through Third Party Vendors

08 September 2022 at 08:45

External confirmations have been an important and integral part of audit procedure in order to obtain sufficient appropriate audit evidence in line with requirement prescribed in various Standards on Auditing (SAs).

Posted in Professional Resource | 5529 Views

CBDT grants IT exemption to CERSAI under u/s 10 (46)

07 September 2022 at 08:37

The central government has granted income tax exemption to Central Registry of Securitisation Asset Reconstruction and Security Interest of India (CERSAI), a body set up to record security interest of lenders on assets.

Posted in Income Tax | 3162 Views