CAclubindia News

ICAI | Peer Review Mandate - Phase II Roll Out

10 November 2022 at 08:34

Phase II of the mandate is becoming applicable from April 1, 2023. The Practice Units may accordingly take note and subject themselves to the Peer Review process.

Posted in Professional Resource | 2526 Views

GSTN started allowing amendment in Form 9A - B2B invoices

09 November 2022 at 10:06

GSTN has started allowing the amendment related to FY 2021-22 in October 2022 return period. This is in line with the recent amendment in the GST Law wherein amendment can be done up to 30th November of the next FY.

Posted in GST | 12054 Views

CBIC makes important changes in filing GST Returns

09 November 2022 at 10:07

Important changes have been made in Return Filing Process

Posted in GST | 8142 Views

Unaccounted transactions of Rs 100 crore found during IT raids in Jharkhand

09 November 2022 at 10:08

A search and seizure action was initiated by the Income Tax Department on few business groups engaged in coal trading/ transportation, execution of civil contracts, extraction of iron ore and production of sponge iron, on 04.11.2022.

Posted in Income Tax | 7338 Views

Ministry of Finance released 8th monthly instalment of PDRD Grant of Rs. 7,183.42 crore to 14 States

08 November 2022 at 08:32

Total Revenue Deficit Grant released to States so far in current financial year has gone up to Rs. 57,467.33 crore States will get a total Revenue Deficit Grant of Rs.86, 201 crore in 2022-23

Posted in Community & General | 3465 Views

ICAI issues Mock Test Papers Series-II for Dec 2022 CA Foundation Exams

08 November 2022 at 08:32

Mock Test Papers Series-II for December, 2022 CA Foundation Examination

Posted in Students | 5796 Views

Indirect tax receipts to exceed budget estimate by Rs 50,000 crore

07 November 2022 at 08:33

While Central GST collections could exceed the budget target for FY23 by about Rs 1 trillion, excise duty collections may fall short of the Budget estimate (BE) by Rs 40,000-50,000 crore.

Posted in GST | 2766 Views

GST sleuths uncover Rs 45 crore fake bills scam, arrest businessman

07 November 2022 at 08:33

The Maharashtra Goods & Services Tax Department has busted a GST scam involving fake invoices worth Rs 45 crore and arrested a businessman for the alleged fraud, an official said here on Friday.

Posted in GST | 6720 Views

CBDT released Explanatory Notes to provisions of the Finance Act, 2022

05 November 2022 at 08:42

Explanatory Notes to provisions of the Finance Act, 2022

Posted in Income Tax | 1 comments | 8139 Views

Surat police bust major GST ITC racket

05 November 2022 at 08:42

The economic offences cell of city police busted a major GST input tax credit racket in which refund was allegedly usurped using bogus bills of transactions worth Rs 200.

Posted in GST | 6792 Views