CAclubindia News

GSTN | e-Invoicing Enablement Status Update for Taxpayers

16 June 2023 at 16:45

Advisory: Update on Enablement Status for Taxpayers for e-Invoicing

Posted in GST | 11607 Views

CBDT empowers JCIT(A)/Addl. CIT(A) for smooth e-Appeal proceedings

16 June 2023 at 08:44

The Central Board of Direct Taxes (CBDT) has appointed Joint Commissioner of Income-tax (Appeals) (JCIT(A))/Additional Commissioner of Income-tax (Appeals) (Addl. CIT(A)) for facilitating e-appeal proceedings.

Posted in Income Tax | 7371 Views

Four misuse PAN and GST number of Bengaluru businessman, held for tax evasion

16 June 2023 at 08:43

The Bengaluru cybercrime police have arrested four people for allegedly misusing the PAN card and GST number of a Bengaluru businessman to evade taxes.

Posted in GST | 6627 Views

CBIC releases National Time Release Study (NTRS) 2023 Report

16 June 2023 at 08:42

Shri Vivek Johri, Chairman, Central Board of Indirect Taxes and Customs (CBIC) along with other Members of the Board released the National Time Release Study (NTRS) 2023 report.

Posted in Custom | 3783 Views

Massive Rs 8,100 Crore GST Evasion Uncovered: 4,909 Fake Businesses Busted

16 June 2023 at 08:41

The Madhya Pradesh GST department has detected a major case of GST evasion to the tune of more than ₹ 8,100 crore. The investigation revealed that the evasion was carried out through 4,909 bogus business establishments spread across the country.

Posted in GST | 3183 Views

Guidelines released by CBIC for GST Registration Application Processing

15 June 2023 at 08:45

Central Board of Indirect Taxes and Customs (CBIC) has issued Important Guidelines for processing of applications for GST registration. These guidelines were issued on June 14, 2023, in order to prevent the menace of fake or bogus registrations.

Posted in GST | 16680 Views

Massive GST Evasion: Rs. 30,000 Crore unearthed

15 June 2023 at 08:43

A nationwide crackdown by the Goods and Services Tax (GST) authorities has unearthed tax evasion to the tune of ₹30,000 crore.

Posted in GST | 5616 Views

CMA institute to no longer use the acronym ICAI after Delhi High court order

14 June 2023 at 09:02

The Institute of Cost Accountants of India (ICMAI) has decided to no longer use the acronym ICAI after the Institute of Chartered Accountants of India (ICAI) won a trademark infringement lawsuit against them.

Posted in Professional Resource | 21765 Views

New Forms 34C to 34EA introduced for Advance Ruling Filings

14 June 2023 at 09:01

The Income-tax (Ninth Amendment) Rules, 2023 were notified by the Central Board of Direct Taxes (CBDT) on June 12, 2023. The amendment aims to improve the efficiency and effectiveness of the Income-tax Act, 1961.

Posted in Income Tax | 10473 Views