In a significant development, the Supreme Court of India has sought the response of the Income Tax Department to a petition filed by NewsClick against two income tax notices.
Punjab is emerging as a state with one of the highest tax evasion rates in India, with authorities apprehending numerous criminals involved in bogus billing worth billions of dollars daily.
The Central Board of Indirect Taxes and Customs (CBIC), through Notification No. 12/2024 – Central Tax dated July 10, 2024, has introduced a new optional facility allowing registered taxpayers to amend details in FORM GSTR-1
The Central Board of Indirect Taxes and Customs (CBIC) has issued Notification No. 12/2024 - Central Tax dated July 10, 2024, to further amend Rule 142 of the CGST Rules.
CBIC issued Notification No. 12/2024 - Central Tax dated July 10, 2024. This notification, exercised under the powers conferred by Section 164 of the CGST Act, introduces a new proviso to sub-rule (1)
In a recent update, CBIC issued Notification No. 12/2024 – Central Tax dated July 10, 2024, which brings significant changes to the timelines for receiving export payments under the CGST Rules.
Discover the Toppers, Pass Percentage & Marksheet of the CA Final May 2024 exams.
Discover the Toppers, Pass Percentage & Marksheet of CA Intermediate May 2024 Exams
The Institute of Chartered Accountants of India (ICAI) has declared the results for the May 2024 CA Intermediate and CA Final Exams.
Income Tax Department has released updated e-filing utilities for ITR-7. This form is specifically for persons including companies required to furnish returns under sections 139(4A), 139(4B), 139(4C), or 139(4D) of the Income Tax Act, 1961.