Various Handbooks released by ICAI under Direct Taxation
The income-tax (I-T) department sent notices to two large private banks in its ongoing investigation into possible malpractices involving commission payments made by insurance companies, says a report.
GST evasion detection by tax officers almost doubled year-on-year to over Rs 1.01 lakh crore in the just concluded 2022-23 fiscal, an official said.
IT dept conducted searches on premises of prominent Bollywood producers
The Institute of Chartered Accountants of India (ICAI) released the admit card for the May 2023 Intermediate and Final exams. Applicants can download their admit cards from the official website eservices.icai.org.
The State tax department conducted raids in two firms located in Mahuakheda Ganj industrial area of Kashipur for the goods and service tax (GST) evasion of over Rs five crore.
"It is clarified that there is no such proposal before the Government on capital gains tax," Income Tax Department said via a tweet.
ICAI has decided to provide necessary support to the members in practice with respect to the Statutory Audit of Entities pertaining to auditing aspects with the objective of enhancing audit quality.
Based on the requests received from Members, the last date to update the profile has been extended till 23rd April 2023.
Form 52A is now available for filing vide Notification No.109/2022 dated 14th September 2022.