CAclubindia News

Govt's Special Drive Nets 7 Arrests by Central GST Officers for Fake Registration

25 July 2023 at 08:43

The government has said that 7 individuals have been arrested by Central GST officers during a special drive to detect fake GST registration. The drive was conducted from May 16 to July 15, 2023.

Posted in GST | 7554 Views

e-Invoice System Enhanced with Exemption Declaration Functionality

25 July 2023 at 08:42

GSTN is pleased to inform you that the e-Invoice Exemption Declaration functionality is now live on the e-Invoice portal

Posted in GST | 10812 Views

FM Nirmala Sitharaman presides over 164th Income Tax Day celebrations at New Delhi

25 July 2023 at 08:41

The 164th anniversary of Income Tax Day was observed by Central Board of Direct Taxes (CBDT) and all its field offices across India today.

Posted in Income Tax | 3855 Views

ICAI released Guidance Note on Tax Audit u/s 44AB of IT Act for AY 2023-24

24 July 2023 at 08:44

The Institute of Chartered Accountants of India (ICAI) has released the Exposure Draft Guidance Note on Tax Audit under Section 44AB of the Income-tax Act, 1961 for the Assessment Year 2023-24.

Posted in Audit | 70122 Views

Taxman Targets Salaried Individuals: Notices Issued for Exemption Proof

24 July 2023 at 08:43

The Income Tax department is taking action by sending notices to individuals who have claimed exemptions under various sections of the Income Tax Act

Posted in Income Tax | 15906 Views

GSTN released Offline Utility for GSTR-9 & GSTR-9C for FY 2022-2023

24 July 2023 at 08:42

The Goods and Services Tax Network (GSTN) has released the offline utility for GSTR-9 and GSTR-9C for the financial year 2022-2023. The utility can be downloaded from the GST portal.

Posted in GST | 11211 Views

IT Dept urges NRIs with inoperative PANs to submit NRI status and documents to respective AOs

22 July 2023 at 14:40

The Income Tax Department (ITD) has requested NRIs with inoperative PANs to submit their NRI status and supporting documents to their respective Assessing Officers (AOs).

Posted in Income Tax | 9564 Views

Tech Giants Xiaomi, Oppo, Vivo and Lenovo Under Probe for Alleged GST Evasion

22 July 2023 at 09:25

Several Chinese handset makers, including Xiaomi, Realme, Oppo, Vivo, and Oneplus, have allegedly evaded significant amounts of Goods and Services Tax (GST) and customs duties over the past five years

Posted in GST | 1 comments | 14997 Views

Northeast's GST Collection and Devolution a Success: Finance Minister Commends

22 July 2023 at 08:50

According to Finance Minister Nirmala Sitharaman, the eight northeastern states of India have experienced strong growth in Goods and Services Tax (GST) collection since its implementation.

Posted in GST | 3198 Views

FM Nirmala Sitharaman inaugurates GST Bhawan at Agartala

22 July 2023 at 08:50

Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman inaugurated the ‘GST Bhawan’, a project for CGST, CX and Customs Office, Agartala, Guwahati Zone under CBIC, at Agartala, Tripura.

Posted in GST | 3621 Views