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GST officials unearthed tax evasion worth over 125 crore

   22 June 2022 at 08:46

State GST (investigation) officials have unearthed tax evasion to the tune of crores of rupees by a Perumbavoor gang, which allegedly forged bills using iron scrap dealership as a front and misappropriated input tax.

Posted in GST  2 comments |   5250 Views


IT Dept conducts searches in Rajasthan/Mumbai seizing unaccounted income in excess of Rs. 100 crore

   22 June 2022 at 08:46

Income Tax Department carried out search and seizure operations on 16.06.2022 on a business group involved in retail and export sale of handicrafts, cash financing, purchase and sale of land and buildings, alongwith some bullion traders.

Posted in Income Tax |   4041 Views


ICAI invites suggestions on reducing carbon footprints 

   21 June 2022 at 08:55

Invitation for Expression of Interest - Suggestions on reducing carbon footprints 

Posted in Professional Resource |   3294 Views


Amendments in GSTR 3B may be allowed in upcoming GST Council Meeting

   21 June 2022 at 08:55

The Goods and Services Tax Council is set to discuss a slew of law changes it is looking to introduce. This would include amendments to GSTR3B - the monthly GST return to be filed by taxpayers - among others.

Posted in GST  6 comments |   8295 Views


Income Tax Department conducts searches on a leading industrial group of Chennai

   21 June 2022 at 08:55

Income Tax Department carried out search and seizure operations on 15.06.2022 on a leading industrial group of Chennai, engaged in the business of manufacturing of IMFL, logistics, hospitality, entertainment etc

Posted in Income Tax |   5055 Views


47th GST Council Meeting - Location Changed To Chandigarh from Srinagar

   20 June 2022 at 08:47

The GST Council on Sunday said the location of its 47th meeting, which will be held during June 28-29, has been changed to Chandigarh, from Srinagar decided earlier.

Posted in GST |   2487 Views


GST officers seized stolen articles worth Rs. 29.10 lakh in Gujarat

   20 June 2022 at 08:47

The Surat police have registered a case in connection with a theft of 4,279 kilogram of copper scrap from a truck that was confiscated and parked in the compound of Gujarat SGST office at Nanpura in Gujarat.

Posted in GST |   5103 Views


CBDT specifies Safe Harbour Rules for AY 2022 at same rates

   19 June 2022 at 11:35

CBDT on June 17, 2022 issued the income-tax (18th Amendment) Rules, 2022 to further amend the Income-tax Rules, 1962.

Posted in Income Tax |   2592 Views


GSTN | Availing ITC as per law and GSTR 2B

   19 June 2022 at 11:35

GSTN issues advisory relating to availing ITC as per law and GSTR 2B

Posted in GST |   8199 Views


GSTN | Duplication of invoice error rectified and correct GSTR 2B generated

   18 June 2022 at 06:57

A few taxpayers (recipients of supply) had reported that they have observed same invoice twice in GSTR2B i.e. April and May, 2022. The error has been rectified and correct GSTR 2B generated.

Posted in GST |   6207 Views