CAclubindia News

GST collection rises 26% to over Rs. 1.47 lakh crore in Sept 2022

01 October 2022 at 15:37

The revenues for the month of September 2022 are 26% higher than the GST revenues in the same month last year.

Posted in GST | 2109 Views

Being technologically ahead is essential for CA profession in digital paradigm - ICAI President

01 October 2022 at 10:14

Being technologically ahead is essential for the profession in the digital paradigm not only to realise the potential of technology for value creation but also mitigate its risk and perils.

Posted in Professional Resource | 3669 Views

ICAI releases Mock Test Papers Series-II for CA Nov 22 Exams

01 October 2022 at 08:40

Board of Studies of ICAI is commencing Mock Test Papers Series-II from October, 12 2022 for students appearing in CA Intermediate & Final for November 2022 examination.

Posted in Students | 1 comments | 10875 Views

Benefit of extended time limit to avail ITC till 30th Nov is applicable for FY 2021-2022 as well

01 October 2022 at 08:40

CBIC helpdesk clarifies that benefit of extended time limit to avail ITC till 30th Nov is applicable for FY 2021-2022 as well

Posted in GST | 8907 Views

CBDT extends due date for filing audit for AY 22-23 to 7th Oct

01 October 2022 at 06:25

CBDT has decided to extend the Due date for the A.Y 2022-23 which was 30th Sep 2022 till 7th Oct 2022

Posted in Income Tax | 1 comments | 13101 Views

RBI hikes repo rate by 50 basis points to 5.90%

30 September 2022 at 13:34

Increase the policy repo rate under the liquidity adjustment facility (LAF) by 50 basis points to 5.90 per cent with immediate effect

Posted in Others | 3366 Views

Code of Ethics relating to Fees - Relative Size and tax services to Audit Clients will be applicable from 1st Oct

30 September 2022 at 08:49

The Council at its 413th meeting held in August, 2022 decided the deferred provisions contained in Volume-I of Code of Ethics, 2019 will be made applicable from 1st October 2022 with certain amendments

Posted in Professional Resource | 1 comments | 19932 Views

Application for recomputation of income u/s 155 (18)

30 September 2022 at 08:49

In exercise of the powers conferred by section 295 read with sub-section (18) of section 155 of the Income-tax Act, 1961, CBDT makes rules further to amend the Income-tax Rules, 1962

Posted in Income Tax | 5682 Views

GST fraud worth Rs 824 crore by 15 insurance companies detected

30 September 2022 at 08:49

The Mumbai branch of the Directorate General of Goods and Services Tax (GST) Intelligence has detected tax evasion of ₹824 crore by 15 insurance companies, intermediary marketing companies and multiple non-banking finance companies.

Posted in GST | 4521 Views

Clarification in operation of Senior Citizens' Savings Scheme

30 September 2022 at 08:49

In the operation of Senior Citizens’ Savings Scheme (SCSS), it has been noticed in few cases on the death of the account holder, operating agencies are closing the SCSS account by treating it as premature closure.

Posted in Others | 1587 Views