CAclubindia News

CBI searches 2 GST officials over 1 crore bribe demand

24 February 2023 at 08:37

The CBI conducted searches at the premises of a deputy director and a senior Intelligence officer of the Central GST and a private person in the city and Pune on Tuesday in a case of Rs 1 crore bribe demand.

Posted in GST | 6312 Views

Amendment in Audit Report Format of Trust (Form No.10B) & Rule 16CC & 17B

23 February 2023 at 08:45

The CBDT has notified the Income-tax (3rd Amendment) Rules, 2023, to amend IT Rules 16CC/17B and Forms 10B/10BB which shall be effective as of 01/04/2023, vide Income Tax Notification 7/2023.

Posted in Income Tax | 13905 Views

Due date for filing of 45 company e-Forms, PAS-03 and SPICE+PartA in MCA-21 V3 extended till 31st March 2023

22 February 2023 at 08:39

MCA vide General Circular No. 04/2023 dated February 21, 2023 extended the time for filing of 45 company e-Forms and PAS-03 in MCA 21 Version 3.0 without additional fees till March 31, 2023.

Posted in Corporate Law | 14403 Views

IT department searches Uflex offices across 64 locations

22 February 2023 at 08:36

The income-tax department on Tuesday conducted searches at 64 locations related to packaging company Uflex across the country, including its Noida office.

Posted in Income Tax | 6204 Views

Clarification: Composition taxpayers cannot issue taxable invoice or collect GST from customers and claim ITC

21 February 2023 at 08:40

As per the GST law, a person registered as a composition taxpayer cannot issue a taxable invoice and can neither collect GST from his customers nor can claim the input tax credit on his purchases.

Posted in GST | 8442 Views

RBI will take action as required to keep inflation within expected limits: FM Nirmala Sitharaman

21 February 2023 at 08:39

The Reserve Bank of India will take necessary steps to manage inflation within "expected limits,' Finance Minister Nirmala Sitharaman said at a post-budget industry event in Jaipur on Monday.

Posted in Others | 2436 Views

CBDT released new Income Tax Calculator for Old Regime vis-à-vis New Regime as proposed by Finance Bill, 2023

20 February 2023 at 08:40

CBDT released the Tax Calculator regarding the Old Regime vis-à-vis New Regime for Individual/ HUF/ AOP/ BOI/ Artificial Juridical Person (AJP) as per section 115BAC as proposed by Finance Bill, 2023.

Posted in Income Tax | 16287 Views

Key Highlights of 49th GST Council Meeting

20 February 2023 at 08:39

The 49th GST Council met under the Chairpersonship of Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman in New Delhi.

Posted in GST | 6819 Views

IT Department carries out survey operations in Delhi & Mumbai

18 February 2023 at 07:33

A survey action under section 133A of the Income- tax Act, 1961(the Act) was carried out at the business premises of group entities of a prominent international Media Company at Delhi and Mumbai.

Posted in Income Tax | 4086 Views

GSTN introduces negative values in Table 4 of GSTR-3B