CAclubindia News

CBDT Sets 30-Day Verification Deadline for Income Tax Returns from 1st April 2024

03 April 2024 at 09:02

CBDT has issued a significant notification, No. 2 of 2024, dated March 31, 2024, pertaining to the time limit for verifying income tax returns after uploading. ..

Posted in Income Tax | 7032 Views

Income Tax Department Unearths Massive PAN Misuse in Fake HRA Claims

02 April 2024 at 09:13

The Income tax department has uncovered a sophisticated scam involving the fraudulent exploitation of PAN to claim HRA without actual tenancy.

Posted in Income Tax | 11724 Views

Zomato Faces Rs 23.26 Crore GST Demand for FY 2018-19

02 April 2024 at 09:12

Zomato disclosed on Sunday that it has received an order for the fiscal year 2018-19 following an audit of GST returns and accounts conducted by the Assistant Commissioner of Commercial Taxes (Audit) in Karnataka.

Posted in GST | 2709 Views

GST Revenue in March 2024 Surge 11.5% YoY, Hits Rs 1.78 Lakh Crore Mark, Second-Highest Ever

01 April 2024 at 17:25

Second highest monthly Gross GST Revenue collection in March at Rs 1.78 lakh crore; Records 11.5% y-o-y growth (18.4% on net basis)

Posted in GST | 690 Views

ITR-1, ITR-2 and ITR-4 Now Offer Online Filing with Prefilled Data on Income Tax Portal

01 April 2024 at 09:19

The Income Tax Department has introduced a significant enhancement to the online filing process for Income Tax Returns (ITRs) by enabling ITR-1, ITR-2, and ITR-4 with prefilled data on the income tax portal.

Posted in Income Tax | 954 Views

Offline Utilities for AY 2024-25 Now Accessible for ITR-1, ITR-2, ITR-4 and ITR-6

01 April 2024 at 09:19

Offline Utilities for ITR-1, ITR-2, ITR-4 and ITR 6 for AY 2024-25 are available for filing

Posted in Income Tax | 543 Views

ITR-1, ITR-2 and ITR-4 Excel Utilities for AY 2024-25 Released

01 April 2024 at 09:17

Excel Utilities of ITR-1, ITR-2 and ITR-4 for AY 2024-25 are available for filing

Posted in Income Tax | 2442 Views

Finance Ministry Clarifies on Misleading Information Related to New Tax Regime Spread on Social Media Platforms

01 April 2024 at 09:16

Clarification regarding applicability of new tax regime and old tax regime

Posted in Income Tax | 4758 Views

CBIC Issues Guidelines to Enhance Ease of Doing Business in CGST Investigations with Regular Taxpayers

01 April 2024 at 09:15

CBIC has released Instruction No. 01/2023-24-GST (Inv.) on March 30, 2024, providing crucial guidelines aimed at streamlining investigations involving regular taxpayers under the Central Goods and Services Tax (CGST) regime.

Posted in GST | 4851 Views

ICAI Invites Suggestions On Consultation Paper on Draft IFSCA Regulations 2024

01 April 2024 at 09:14

Invitation for Comments/Suggestions: Consultation Paper on Draft IFSCA (Book-keeping, Accounting, Taxation and Financial Crime Compliance Services) Regulations 2024

Posted in Professional Resource | 270 Views