CAclubindia News


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 |   8268 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 |   6612 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 |   4140 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 |   18963 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 |   4692 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 |   12813 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 |   26145 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 |   17346 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 |   6042 Views


GST Department Imposes Rs 50.19 Crore Penalty on 12 Firms in Fake Billing Case

   21 September 2023 at 08:45

Punjab GST department has adjudicated 12 firms and imposed a penalty of Rs 50.19 crore against them.

Posted in GST |   4074 Views