CAclubindia News

Delhi High Court Directs Rs 7.12 Crore IGST Refund to Vodafone Idea

23 October 2023 at 07:59

In a significant legal development, the Delhi High Court has ruled in favor of Vodafone Idea, directing the government and GST authorities to refund IGST (Integrated Goods and Services Tax) of Rs 7.12 crore.

Posted in GST | 5148 Views

CA Ashok Vaswani appointed as new MD & CEO of Kotak Mahindra Bank

22 October 2023 at 11:05

The Reserve Bank of India (RBI) has approved the appointment of Ashok Vaswani as the bank's next MD & CEO.

Posted in Others | 6147 Views

CBDT Introduces Form No. 56F for Assessees Seeking Deduction u/s 10AA of IT Act

21 October 2023 at 08:02

The Central Board of Direct Taxes (CBDT) issued Notification No. 91/2023 on October 19, 2023, introducing a new Rule 16D into the Income-tax Rules, 1962.

Posted in Income Tax | 43245 Views

UP Laborer Receives Income Tax Notice, Discovers Over Rs 221 Crore in Account

21 October 2023 at 08:00

Shiv Prasad Nishad Discovers Enormous Funds in His Account, but the Source Remains a Mystery

Posted in Income Tax | 6924 Views

DGGI Uncovers 6000 Fake ITC Cases, Rs 57,000 Crore GST Evasion, Arrests 500

20 October 2023 at 08:45

In fight against fake ITC, DGGI detects more than 6,000 fake ITC cases involving more than Rs. 57,000 crore GST evasion with the arrest of 500 persons between April 2020 to September 2023

Posted in GST | 6123 Views

Cabinet Approves Release of Additional Dearness Allowance and Relief due from July 2023

20 October 2023 at 08:45

Cabinet approves release of an additional instalment of Dearness Allowance and Dearness Relief due from 01.07.2023

Posted in Others | 4416 Views

IT Department Raids Two Groups in Tamil Nadu and Puducherry in Search and Seizure Operation

20 October 2023 at 08:44

Income Tax Department conducts search and seizure operation in Tamil Nadu and Puducherry region in the cases of two groups

Posted in Income Tax | 2634 Views

Income Tax Department to Aid 3.5 Million Taxpayers in Receiving Refunds

19 October 2023 at 08:46

The Income Tax department is taking proactive steps to address the issue of approximately 3.5 million tax refund cases currently pending.

Posted in Income Tax | 5736 Views

Companies Urged to Comply with Companies Act, 2013 on Significant Beneficial Ownership

19 October 2023 at 08:45

Sensitization of Companies to abide the provisions of Section 90 of the Companies Act, 2013 read with Rules thereunder relating to Significant Beneficial Ownership

Posted in Corporate Law | 14895 Views

IT Department Appeals to Bombay HC Against LIC in Rs 5K crore Tax Cases

19 October 2023 at 08:44

LIC is currently grappling with an appeal filed by the IT Authority with the Bombay HC, challenging the Income Tax Appellate Tribunal's recent decision to grant the insurance giant tax relief in two disputes, totaling a significant Rs 4,993 crore.

Posted in Income Tax | 3051 Views