CAclubindia News


IT Dept Releases Updated Offline Utility for Form 3CA-3CD and 3CB-3CD Forms for AY 2023-24

   18 September 2023 at 08:40

Income Tax Department (ITD) has issued an updated common offline utility for Form 3CA-3CD and 3CB-3CD for the Assessment Year 2023-24.

Posted in Income Tax |   26970 Views


Madhya Pradesh Cabinet to Impose 28% GST on Online Gaming and Casino Deposits

   18 September 2023 at 08:39

The Madhya Pradesh government is set to approve an Ordinance that will introduce new GST rates for online gaming. This move aims to increase the GST rate on online gaming, casinos, and horse racing to 28%.

Posted in GST |   3267 Views


ED Files Chargesheet in GST Fraud Investigation

   18 September 2023 at 08:38

The Enforcement Directorate (ED) in Lucknow has filed a prosecution complaint in connection with a GST (Goods and Services Tax) fraud allegedly committed by Ashok Kumar Singh and his wife Sheela Singh, who are based in Bhadohi

Posted in GST |   4380 Views


GST Authorities to Pursue Fake ITC Investigations on 1.25 Lakh Entities Until December

   16 September 2023 at 10:27

The Goods and Services Tax (GST) authorities in India are conducting follow-up investigations on more than 1.25 lakh entities until December in an effort to curb revenue leakages.

Posted in GST |   6219 Views


Income Tax Department Unveils Suite of Tax Tools to Aid Taxpayers

   16 September 2023 at 10:26

The Income Tax Department has released a number of tax tools for taxpayers to help them with their tax planning and compliance. These tools can be used to calculate tax liability, estimate advance tax payments and generate income tax returns.

Posted in Income Tax |   13107 Views


GST Uncertainty Hits Banking Sector's Brand Use

   16 September 2023 at 10:24

The issue of the applicability of Goods and Services Tax (GST) on the use of a common brand name by all branches and subsidiaries of a bank has created uncertainty in the banking sector.

Posted in GST |   6156 Views


Colonel Manpreet Singh: A Heroic Journey from Chartered Accountancy to the Army

   15 September 2023 at 12:05

Colonel Manpreet Singh was born in a village in Punjab, India. He was a bright student and excelled in his studies. He got a degree in Chartered Accountancy and worked as a chartered accountant for a few years.

Posted in Students |   117513 Views


MCA Extends Company Law Committee's Tenure Until September 2024

   15 September 2023 at 08:52

The Ministry of Corporate Affairs (MCA) has extended the tenure of the Company Law Committee (CLC) by another one year till September 16, 2024.

Posted in Corporate Law |   6651 Views


Income Tax Department issues Advisory on Bank Account Validation Status for Refunds

   15 September 2023 at 08:51

Income Tax Department issued an advisory on September 13, 2023, regarding the validation status of bank account numbers for refunds.

Posted in Income Tax |   19686 Views


40 online gaming companies likely to receive GST evasion notices

   15 September 2023 at 08:50

About 40 online gaming companies, including Gameskraft Technology Private Limited (GTPL), are under investigation for alleged tax evasion.

Posted in GST |   3948 Views