CAclubindia News

IT Department conducts Search Operations on over 30 premises in Uttar Pradesh and Karnataka

22 December 2021 at 08:38

The Income Tax Department carried out search and seizure operation on 18.12.2021 on various persons and their business entities, engaged in the business of civil construction and real estate and running educational institutes in UP and Karnataka.

Posted in Income Tax | 1335 Views

7,288 kg gold seized by Customs and DRI in less than 3 years

21 December 2021 at 17:38

Customs field formations and Directorate of Revenue Intelligence have seized 3626.85 kg during 2019-20, 1944.392 kg during 2020-21 and 1717.396 kg during 2021-22 (till November).

Posted in Custom | 1824 Views

Mumbai Based CA arrested for generating Fake Input Tax Credit

20 December 2021 at 08:46

On 14/12/2021 (Tuesday) GST Officers of Thane commissionerate arrested Vikram Jain, a Mumbai-based CA for generating fake invoices worth more than Rs 500 crores to tune a GST of Rs 92 crores without actual receipt of goods.

Posted in GST | 4 comments | 12087 Views

ICMAI Issues Notice Against Employment Fraud/Unfair Practice

18 December 2021 at 07:14

Notice Against Employment Fraud/Unfair Practice issued by ICMAI

Posted in Professional Resource | 3294 Views

ICAI releases Exposure Draft of the Amendments in the Commercial & Industrial (C&I) Taxonomies

18 December 2021 at 07:12

Exposure Draft of the Amendments in the Commercial & Industrial (C&I) Taxonomies- IND AS based Taxonomy & AS based Taxonomy

Posted in Professional Resource | 1365 Views

Net Direct Tax collections for the F.Y. 2021-22 grown at robust pace at more than 60%

18 December 2021 at 07:08

The figures of Direct Tax collections for the FY 2021-22, as on 16.12.2021 show that net collections are at Rs. 9,45,276.6 crore compared to Rs. 5,87,702.9 crore

Posted in Income Tax | 1620 Views

Delhi Customs seize outbound undeclared diamonds valued at Rs. 1.56 crore

18 December 2021 at 07:06

The Delhi Customs on 16th December 2021 seized a consignment of diamonds being sent out of India, having 1,082 carat weight.

Posted in Custom | 1938 Views

CBDT launches the e-Verification Scheme, 2021

17 December 2021 at 17:44

The Central Board of Direct Taxes in exercise of the powers conferred by sub-sections (1) and (2) of section 135A of the Income Tax Act, 1961 has launched the e-Verification Scheme, 2021 via Notification No. S.O. 5187(E) on 13th December 2021.

Posted in Income Tax | 5988 Views

ICSI issues Instructions to Examinees for December 2021 CS Exams

17 December 2021 at 08:41

ICSI issues Instructions to Examinees for December 2021 CS Executive and Professional Programme Exams that are scheduled to be held from 21st Dec 2021

Posted in Students | 2277 Views