CAclubindia News

GSTN Clarifies Only B2B Section of Table-12 in GSTR-1 Is Validated

10 June 2025 at 09:25

GSTN has clarified that, under the currently implemented system design, validation of values in Table-12 of GSTR-1 which relates to HSN-wise summary of outward supplies, is mandatory only for B2B transactions.

Posted in GST | 1 comments | 10005 Views

CBDT Allows Processing of Pending ITRs for AY 2023-24 Till 30th November 2025

10 June 2025 at 09:22

CBDT has issued a directive under Section 119(2)(a) of the Income-tax Act, 1961, allowing the processing of valid electronically filed ITRs for AY 2023-24, even where the original time limit to issue intimation under Section 143(1) has already expired.

Posted in Income Tax | 3981 Views

CBIC Clarifies DIN Not Mandatory for GST Portal Communications with RFN

10 June 2025 at 09:18

The Central Board of Indirect Taxes and Customs (CBIC) has issued a clarification stating that communications generated via the GST common portal bearing a Reference Number (RFN) do not require a separate Document Identification Number (DIN).

Posted in GST | 3363 Views

Dombivli Man's Identity Misused to Set Up Fake Firm with Rs 2.9 Crore Tax Dues

10 June 2025 at 09:16

In a shocking case of identity theft and financial fraud, a resident of Dombivli has alleged that his personal documents were misused to create a bogus firm, which has racked up a tax liability of ₹2.9 crore, police officials confirmed on Friday.

Posted in GST | 141 Views

Special CBI Court Declares Arrest of CGST Officials Illegal in Rs 10 Lakh Bribery Case

10 June 2025 at 09:14

In a significant ruling, a Special CBI Court presided over by Judge Rajeev Goyal declared the arrest of two accused - Tanoj Yadav and Aakash Rohilla - in a high-profile bribery case involving CGST officials as illegal

Posted in GST | 189 Views

Infosys Secures Major Win as DGGI Closes Rs 32,403 Crore GST Demand Notice

09 June 2025 at 09:34

Infosys has achieved a significant legal victory with the Directorate General of GST Intelligence (DGGI) officially closing a massive GST demand notice amounting to Rs 32,403 crore.

Posted in GST | 2106 Views

IT Dept Begins Crackdown on Inoperative PANs: Rs 10,000 Fine for Each Transaction

09 June 2025 at 09:33

The Income Tax Department has launched a stringent crackdown on the use of in-operative Permanent Account Numbers (PANs), warning that individuals using such PANs for financial transactions may face penalties of up to Rs 10,000 per transaction.

Posted in Income Tax | 1 comments | 69867 Views

Rajnath Singh to Urge GST Relief with FM Sitharaman for Defence Start-Ups and MSMEs

09 June 2025 at 09:26

Defence Minister Rajnath Singh is expected to raise concerns with FM Nirmala Sitharaman over the 18% GST levied on grants provided to private companies for defence-related research and development (R&D).

Posted in GST | 1308 Views

Prayagraj Mahakumbh 2025 Boosts Uttar Pradesh's GST and VAT Collections by Rs 500 Crore

09 June 2025 at 09:22

The Prayagraj Mahakumbh 2025, one of the world's largest religious gatherings, not only witnessed an influx of 66 crore pilgrims over its 45-day duration but also delivered a substantial economic boost to the state of Uttar Pradesh.

Posted in GST | 159 Views

GSTR-3B Filing Alert: Auto-Populated Liability Becomes Non-Editable from July 2025

09 June 2025 at 09:17

The GSTN has announced that the auto-populated tax liability in Form GSTR-3B will become non-editable starting from the July 2025 tax period, which is to be filed in August 2025.

Posted in GST | 2 comments | 6993 Views