CAclubindia News

Chartered Accountant Defrauded of Rs 4.11 Crore In Investment Scam

04 March 2024 at 09:12

The Kurar Police has initiated legal action against individuals accused of defrauding a chartered accountant, Pradeep Parameshwarlal Banka, to the tune of Rs 4.11 crore.

Posted in Union Budget & Policy | 4896 Views

CBDT Notifies ITR-7 Form for AY 2024-25

04 March 2024 at 09:09

The Central Board of Direct Taxes (CBDT) has recently announced the notification of Income-tax Return (ITR) Form 7 for the Assessment Year (AY) 2024-25, completing the suite of forms necessary for taxpayers to file their returns.

Posted in Income Tax | 4224 Views

NEFT Achieves New Milestone of 4.10 Crore Daily Transactions

04 March 2024 at 09:07

NEFT system has achieved a milestone on February 29, 2024, by processing 4,10,61,337 transactions, the highest number of transactions processed in a day so far...

Posted in Community & General | 318 Views

CBDT Allows Processing of E-Filed ITRs for Refunds Beyond Deadline in Non-Scrutiny Cases

02 March 2024 at 14:02

Processing of returns of income validly filed electronically with refund claims under section 143(1) of the Income-tax Act, 1961 beyond the prescribed time limits in non-scrutiny cases

Posted in Income Tax | 5121 Views

Taxpayers from Bengaluru Recognized by FM Sitharaman for Economic Contributions

02 March 2024 at 09:18

Union Finance Minister Nirmala Sitharaman lauded the contributions of Bengaluru taxpayers towards building a robust and prosperous India during her visit to the city on Wednesday.

Posted in Income Tax | 561 Views

Supreme Court's 9-Judge Bench Initiates Landmark Hearing on Royalty's Tax Status in Mining Leases

02 March 2024 at 09:17

On February 27, the Supreme Court's 9-judge Constitution Bench embarked on hearings to address intricate issues pertaining to the taxation of mineral-bearing lands. C

Posted in Income Tax | 1110 Views

ICAI extends last date for online empanelment of members to act as observers for May/June 2024 CA exams upto 15th March

02 March 2024 at 09:16

Extension of Last Date for Online Empanelment of Members to act as Observers for May/June 2024 Examinations up to 15th March 2024.

Posted in Students | 8358 Views

Gross GST collections surge 12.5% to Rs 1.68 lakh crore in February

02 March 2024 at 09:14

Rs 1,68,337 crore gross GST revenue collected during February 2024; records Year-on-Year (Y-o-Y) growth of 12.5%

Posted in GST | 2250 Views

Paytm Payments Bank Hit With Rs 5.49 Crore Fine Over Money Laundering Breach

02 March 2024 at 09:13

Financial Intelligence Unit-India (FIU-IND) imposes penalty of Rs. 5,49,00,000 on Paytm Payments Bank Ltd with reference to violations of its obligations under PMLA

Posted in Income Tax | 492 Views