CAclubindia News

LIC Receives GST Bill Exceeding Rs 290 Crore from Bihar Tax Department

25 September 2023 at 09:01

The Life Insurance Corporation of India (LIC) has received a Goods and Services Tax (GST) demand, which includes interest and penalty, from Bihar state tax officials amounting to over Rs 290 crore.

Posted in GST | 19908 Views

Income Tax Department Urges Taxpayers to Address Past Tax Demands for Speedier Refunds

25 September 2023 at 09:00

The Income Tax Department is making every effort to complete the processing of Income Tax Returns (ITRs) and issuance of refunds expeditiously

Posted in Income Tax | 8265 Views

CBDT releases Excel-Based and MAC Utilities for AY 2023-24

25 September 2023 at 08:59

Central Board of Direct Taxes (CBDT) has released Updated Utilities, Excel-based Utility and a MAC Utility for filing Income Tax Returns ITR 3, ITR 5, and ITR 6 for the Assessment Year (A.Y.) 2023-24.

Posted in Income Tax | 6573 Views

CBDT releases Common Offline Utility for filing ITR 1, ITR 2, ITR 3 and ITR 4 for AY 2023-24

25 September 2023 at 08:58

Central Board of Direct Taxes (CBDT) has released updated Common Offline Utility for filing Income Tax Returns ITR 1, ITR 2, ITR 3, and ITR 4 for the Assessment Year (A.Y.) 2023-24.

Posted in Income Tax | 4137 Views

GSTN launches 'Track Application Status' tab for GST Registration

25 September 2023 at 08:58

GSTN has introduced a new 'Track Application Status' tab in the GST registration process.

Posted in GST | 18957 Views

ICAI invites suggestions for Pre-Budget Memorandum 2024

23 September 2023 at 13:13

Institute of Chartered Accountants of India (ICAI) has invited suggestions for the Pre-Budget Memorandum-2024.

Posted in Union Budget | 4689 Views

Income Tax Raids Lux Industries Over Rs 200 Crore Tax Evasion Allegation

23 September 2023 at 08:44

Lux Industries, a company in the FMCG (Fast Moving Consumer Goods) sector, is currently undergoing a raid by the Income Tax Department in multiple locations, including Kolkata.

Posted in Income Tax | 12810 Views

Income Tax Department Unveils New Tax Payment Summary Report on AIS Portal

22 September 2023 at 08:58

Income Tax Department of India has recently introduced a new tax payment summary report, which is now accessible in the "Reports" section of the AIS portal

Posted in Income Tax | 26142 Views

Chartered Accountant Apprehended by CBI Accepting Bribe of Rs 50,000

22 September 2023 at 08:58

The Central Bureau of Investigation (CBI) has arrested a Chandigarh-based chartered accountant (CA) named Vikas Aggarwal for accepting a bribe of Rs 50,000.

Posted in Professional Resource | 17337 Views

GST Biometric & Geotagging Tests Delayed Over Data Access: Official

21 September 2023 at 08:46

The Indian government is planning to implement biometric and geotagging authentication measures during the Goods and Services Tax (GST) registration process to prevent the registration of fake entities and curb false input tax credit claims.

Posted in GST | 6039 Views