CAclubindia News

CBDT exempts investments from Angel Tax for 21 International Countries

26 May 2023 at 08:46

The Finance Ministry has notified 21 countries, including the US, UK and France, from where non-resident investment in unlisted Indian startups will not attract angel tax.

Posted in Income Tax | 3138 Views

Important guidelines issued for GST registration, Cancellation and Revocation to counter fake taxpayers

26 May 2023 at 08:45

The Commissionarate of CT & GST, Odisha, Finance Department has issued Instructions vide No.CCT-PEI-POL-0155-2021/7869/CT&GST dated May 10, 2023

Posted in GST | 8550 Views

IT Department introduces validation rules for e-filing of ITR-1, ITR-2 and ITR-4 for AY 2023-24

25 May 2023 at 08:47

Income Tax Department has issued Validation Rules dated May 23, 2023 (Version 1.0) w.r.t. e-filing of ITR-1, ITR-2 and ITR-4 for AY 2023-24.

Posted in Income Tax | 65958 Views

Excel utility for ITR-3 AY 2023-24 now available for e-filing

25 May 2023 at 08:46

For individuals and HUFs having income from profits and gains of business or profession

Posted in Income Tax | 3447 Views

PAN Card Compulsory for Deposits Exceeding Rs 50000 in Rs 2000 Notes

25 May 2023 at 08:44

If you deposit more than Rs 50,000 in a single transaction, then you have to mandatorily quote your PAN as per income tax rules.

Posted in Income Tax | 106761 Views

CBDT provides clarity on charitable and religious trust provisions

25 May 2023 at 08:43

CBDT vide Circular No. 6 of 2023 dated May 24, 2023 issued clarification regarding provisions relating to charitable and religious trusts.

Posted in Income Tax | 9186 Views

Income tax rules amended to ensure accurate taxation of online gaming winnings

24 May 2023 at 08:42

The Central Board of Direct Taxes (CBDT) has amended income tax rules to streamline and standardize the calculation and reporting of winnings from online gaming to improve tax compliance.

Posted in Income Tax | 6138 Views

CBDT introduces Tax Calculator for FY 2023-24

24 May 2023 at 08:41

CBDT released the Tax Calculator for FY 2023-24 (AY 2024-25).

Posted in Income Tax | 9099 Views

E-commerce minnows face heat in fake GST registration crackdown

24 May 2023 at 08:40

Small businesses that sell goods through e-commerce platforms fear a recently launched drive against fake GST registrations could hit them hard because many of them run operations

Posted in GST | 3507 Views

MCA proposes higher penalties and wider leniency to combat cartels

24 May 2023 at 08:39

Higher penalty for cartels and greater leniency provisions introduced in competition law last month will go hand in hand in tackling cartels which are by nature difficult to prove, the corporate affairs ministry said in a monthly update

Posted in Corporate Law | 3537 Views