GSTN is pleased to inform you that the functionality for bank account validation is now integrated with the GST System. This feature is introduced to ensure that the bank accounts provided by the Tax Payer is correct.
The Income Tax Department has notified that Form 10 now available for filing on Income Tax Portal, which was earlier notified via Notification No. 96/2022 issued in August 2022.
Various Handbooks released by ICAI under Direct Taxation
The income-tax (I-T) department sent notices to two large private banks in its ongoing investigation into possible malpractices involving commission payments made by insurance companies, says a report.
GST evasion detection by tax officers almost doubled year-on-year to over Rs 1.01 lakh crore in the just concluded 2022-23 fiscal, an official said.
IT dept conducted searches on premises of prominent Bollywood producers
The Institute of Chartered Accountants of India (ICAI) released the admit card for the May 2023 Intermediate and Final exams. Applicants can download their admit cards from the official website eservices.icai.org.
The State tax department conducted raids in two firms located in Mahuakheda Ganj industrial area of Kashipur for the goods and service tax (GST) evasion of over Rs five crore.
"It is clarified that there is no such proposal before the Government on capital gains tax," Income Tax Department said via a tweet.
ICAI has decided to provide necessary support to the members in practice with respect to the Statutory Audit of Entities pertaining to auditing aspects with the objective of enhancing audit quality.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English