CAclubindia News

IT Department Raids Two Groups in Tamil Nadu and Puducherry in Search and Seizure Operation

20 October 2023 at 08:44

Income Tax Department conducts search and seizure operation in Tamil Nadu and Puducherry region in the cases of two groups

Posted in Income Tax | 2625 Views

Income Tax Department to Aid 3.5 Million Taxpayers in Receiving Refunds

19 October 2023 at 08:46

The Income Tax department is taking proactive steps to address the issue of approximately 3.5 million tax refund cases currently pending.

Posted in Income Tax | 5718 Views

Companies Urged to Comply with Companies Act, 2013 on Significant Beneficial Ownership

19 October 2023 at 08:45

Sensitization of Companies to abide the provisions of Section 90 of the Companies Act, 2013 read with Rules thereunder relating to Significant Beneficial Ownership

Posted in Corporate Law | 14865 Views

IT Department Appeals to Bombay HC Against LIC in Rs 5K crore Tax Cases

19 October 2023 at 08:44

LIC is currently grappling with an appeal filed by the IT Authority with the Bombay HC, challenging the Income Tax Appellate Tribunal's recent decision to grant the insurance giant tax relief in two disputes, totaling a significant Rs 4,993 crore.

Posted in Income Tax | 3042 Views

ICAI releases Admit Card for CA Intermediate/Final Nov 2023 Exams

18 October 2023 at 17:34

The Institute of Chartered Accountants of India (ICAI) releases admit card for November 2023 CA Final and Intermediate Exams on October 16, 2023. Candidates can download their admit cards from the official website of ICAI at https://eservices.icai.org/.

Posted in Students | 25242 Views

ICAI Raises 11 Concerns on Mass GST SCN for FY 2017-18 in September 2023

18 October 2023 at 14:55

ICAI Highlights 11 Key Concerns in Response to Mass GST Show Cause Notices for FY 2017-18 Issued in September 2023

Posted in GST | 22836 Views

Godrej Properties Affected as Subsidiary Grapples with Rs 48.31 Crore GST Demand

18 October 2023 at 14:43

In early trade on October 16, Godrej Properties witnessed a marginal drop in its shares as its subsidiary, Godrej Redevelopers (Mumbai) Private Limited (GRMPL), grappled with GST demand and penalty notices.At 9:22 am, the company's stock was trad

Posted in GST | 2391 Views

ITR Refund Processing Deadline Extended to January 31, 2024 for AY 2017-18

18 October 2023 at 09:14

The Central Board of Direct Taxes (CBDT) has extended the time limit for processing validly filed income tax returns (ITRs) up to assessment year (AY) 2017-18 with refund claims until January 31, 2024.

Posted in Income Tax | 9138 Views

Dabur India Faces Tax Notice of Rs 320.6 Crore Under CGST Act

18 October 2023 at 09:12

Dabur India, one of the country's leading consumer goods companies, has received a tax notice under Section 74(5) of the Central Goods and Services Tax (CGST) Act, 2017.

Posted in GST | 5595 Views

CBDT Grants IFSC Units Form 15CA Exemption and Introduces Form 15CD for Quarterly Reporting

18 October 2023 at 09:11

CBDT vide Notification No. 89/2023 dated October 16, 2023 has amended Rule 37BB of the Income Tax Rules, 1962 to exempt IFSC units from furnishing Part D of Form 15CA for non-taxable remittances.

Posted in Income Tax | 3546 Views