CAclubindia News

ICAI releases Guidance Note on Audit of Banks (2023 Edition)

17 March 2023 at 08:41

Guidance Note on Audit of Banks (2023 Edition)

Posted in Audit | 9108 Views

UIDAI waives online Aadhaar update fee

16 March 2023 at 08:44

The Unique Identification Authority of India has made document update facility online for Aadhaar free till June 14, an official statement said on Wednesday.Earlier, residents were required to pay Rs. 25 to update their documents on the Aadhaar porta

Posted in Income Tax | 14037 Views

Income Tax department sends Rs 549 crore tax demand notice to AWS

15 March 2023 at 08:45

The taxation department has approved a Rs 549 percent of the total tax summons to Amazon's corporation Amazon Web Service (AWS). Aws offers cloud storage.

Posted in Income Tax | 12999 Views

CBDT takes up e-Verification for 68,000 cases from FY 2019-20

14 March 2023 at 08:38

On a pilot basis, in about 68,000 cases, information of financial transactions pertaining to FY 2019-20 has been taken up for e-Verification

Posted in Income Tax | 9483 Views

Paradigm shift in digital transactions in India during last 4 years since 2018-19

14 March 2023 at 08:37

Paradigm shift in digital transactions in India with growth of more than 200% in digital payment volume during the last four years since 2018-19

Posted in Others | 2490 Views

38.58 crore loans extended since inception of PMMY

14 March 2023 at 08:34

26.35 crore loans (68%) extended to Women Entrepreneurs and 19.84 crore loans (51%) to SC/ST/OBC category of borrowers under PMMY

Posted in Corporate Law | 3366 Views

GST Evasion of Rs 150 Crore discovered in TMT Bar Clearance

13 March 2023 at 08:36

The Directorate General of GST Intelligence (DGGI), Chennai recently carried out coordinated search operations against three major taxpayers involved in the supply of TMT Bars. The investigation has revealed that these entities were engaged in the il

Posted in GST | 5136 Views

Gross Direct Tax collections rises 22.58% to Rs 16.68 lakh crore up to 10th March

11 March 2023 at 17:04

The provisional figures of Direct Tax collections up to 10th March, 2023 continue to register steady growth. Direct Tax collections up to 10th March, 2023 show that gross collections are at Rs. 16.68 lakh crore

Posted in Income Tax | 2277 Views

IT department enabled new feature 'Comply to Notice' u/s 133(6) of IT Act 1961

11 March 2023 at 08:52

The Income Tax Department enabled the new feature 'Comply to Notice' that allows taxpayers to View and Submit Responses to Notices under section 133(6) of the Income Tax Act, 1961 ("the IT Act").

Posted in Income Tax | 77772 Views

IT department issued important update on Form 26AS and AIS

11 March 2023 at 08:50

The Income Tax Department has issued an update on Form 26AS and Annual information statement ("AIS") stating that from Assessment Year ("AY") 2023-24 onwards, Form 26AS display only TDS/TCS data.

Posted in Income Tax | 14850 Views