CAclubindia News

GoM Meeting: No Final Decision on GST Rate Cut for Life and Health Insurance

27 September 2024 at 09:09

The GoM meeting held on 25th September 2024, ended without a final decision on the proposal to reduce GST rates on life and health insurance.

Posted in GST | 864 Views

GoM Meeting in Goa Decides No Further GST Exemptions for Long-Term Land Leases

27 September 2024 at 09:07

The fourth meeting of the Group of Ministers (GoM) on boosting the real estate sector, hosted by Goa Chief Minister Pramod Sawant on September 24, 2024, concluded with a key decision to maintain the existing Goods and Services Tax (GST) regime.

Posted in GST | 414 Views

GSTN Issues Advisory on Issuance of Notices/Orders without Digital Signatures of the Issuing Authorities

27 September 2024 at 09:04

Doubts have been created regarding the validity of documents issued by the tax officers on the common portal viz. Show cause Notices

Posted in GST | 3207 Views

EY Employee's Death Sparks Outcry Over Unpermitted Operations of Pune Office Since 2007

26 September 2024 at 13:18

The recent dreadful mishap where 26-year-old Anna Sebastian Perayil died at the Ernst & Young (EY) office in Pune raises many questions about the workplace practices of the accounting firm.

Posted in Students | 3498 Views

MCA Notifies Companies (Accounts) Amendment Rules, 2024

26 September 2024 at 09:21

On September 24, 2024, the Ministry of Corporate Affairs (MCA) issued Notification No. G.S.R. 587(E), introducing significant amendments through the Companies (Accounts) Amendment Rules, 2024.

Posted in Corporate Law | 19746 Views

GSTN CEO Confirms Completion of Design Architecture for B2C E-Invoicing for Retailers

26 September 2024 at 09:20

The design architecture for implementing GST e-invoicing for retailers is nearly finalized and undergoing expert review, according to GST Network CEO Manish Kumar Sinha.

Posted in GST | 5040 Views

Rs 382 Crore Tax Notice Exposes Aadhaar and PAN Misuse Scam in Thane with Multiple Bank Accounts

26 September 2024 at 09:18

A shocking case has emerged from Thane's Diva, where a local real estate agent received an income tax notice accusing him of being involved in transactions amounting to ₹382 crore.

Posted in Income Tax | 2229 Views

SC Requests Income Tax Department's Response to Notices Sent to Panel Assisting in Property Sealing

26 September 2024 at 09:16

The Supreme Court has requested a response from the Income Tax Department regarding notices issued to a committee assisting the court in sealing residential premises used for commercial purposes.

Posted in Income Tax | 1620 Views

CBIC Official: Data Discrepancies Behind Most GST Show-Cause Notices in 2023-24

26 September 2024 at 09:16

A significant number of the show-cause notices issued to taxpayers under the GST regime in 2023-24 stemmed from data discrepancies in tax return filings, a senior indirect tax official said on Tuesday.

Posted in GST | 8577 Views

Infosys May Get Full Relief on Reverse-Charge GST as CBIC Considers Key Modifications

26 September 2024 at 09:13

CBIC is considering amending its June 26, 2024, circular to quash Goods and Services Tax (GST) liabilities for Infosys and similar companies facing tax demands on fund transfers to their overseas branches.

Posted in GST | 1416 Views