CAclubindia News

IT Department conducted search operations largely in Uttar Pradesh and Maharashtra

06 January 2022 at 08:59

The Income Tax Department carried out search and seizure operation on 31.12.2021 on two groups engaged in the business of perfume manufacturing and real estate...

Posted in Income Tax | 4560 Views

DRI | Evasion of customs duty of Rs 653 crore by Xiaomi India

05 January 2022 at 16:47

Based upon an intelligence that M/s Xiaomi Technology India Private Limited (Xiaomi India) was evading customs duty by way of undervaluation, an investigation was initiated by the DRI against Xiaomi India and its contract manufacturers

Posted in Custom | 2391 Views

3.68 crore enrolments since inception of APY in 2015

05 January 2022 at 16:47

The journey of Atal Pension Yojana (APY) over six and half years since its inception has been substantive with 3.68 crore enrolments.he performance in this financial yea

Posted in Others | 1317 Views

CBDT issues refunds to more than 1.48 crore taxpayers from 1st April 2021 to 3rd January 2022

05 January 2022 at 15:12

CBDT issues refunds of over Rs. 1,50,407 crore to more than 1.48 crore taxpayers from 1st April 2021 to 3rd January, 2022

Posted in Income Tax | 1455 Views

ICAI issues Exposure Draft of Revised Accounting Standard for Comments

05 January 2022 at 08:35

Exposure Draft of Revised Accounting Standard for Comments

Posted in Professional Resource | 1731 Views

Clarification regarding factually incorrect tweets claiming that the government has increased the rate of duty on imports

05 January 2022 at 08:35

Clarification regarding factually incorrect tweets claiming that the government has increased the rate of duty on imports against certain commodities post alignment of Customs Tariff

Posted in Custom | 3837 Views

Reporting of supplies notified under Section 9(5) / 5(5) by E-commerce Operator in GSTR-3B

04 January 2022 at 11:53

As per the GST Council decision to notify "Restaurant Service" under section 9(5) of the CGST Act, 2017 along with other services notified earlier such as motor cabs, accommodation and housekeeping services

Posted in GST | 6669 Views

FAKE - Letter issued by Finance Ministry claiming that Dearness Allowance & Dearness Relief payable will be kept in abeyance

04 January 2022 at 08:42

A Fake order issued in the name of the Ministry of Finance claiming that the 'Dearness Allowance & Dearness Relief payable to Central Govt employees and pensioners will be kept in abeyance' is in circulation.

Posted in Others | 6396 Views

FAKE - Letter issued by Finance Ministry granting loan under the PM Mudra Yojna

04 January 2022 at 08:41

An approval letter allegedly issued by the Ministry of Finance is granting a loan under the PM Mudra Yojna and requesting payment of Rs. 4,500 on the pretext of a legal charge.

Posted in Others | 7506 Views

RBI releases Framework for Facilitating Small Value Digital Payments in Offline Mode

04 January 2022 at 08:40

The Reserve Bank has today placed on its website the 'Framework for facilitating small value digital payments in offline mode'.

Posted in Others | 1218 Views