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Income Tax Department Imposes Rs 84 Crore Penalty on LIC, Corporation to Appeal

   04 October 2023 at 08:54

In a significant development, the Income Tax Department has levied a substantial penalty of Rs 84 crore on the Life Insurance Corporation (LIC) relating to three assessment years.

Posted in Income Tax |   28131 Views


GST e-Invoice Portal Rolls Out JSON Download Functionality

   03 October 2023 at 15:46

Advisory: e-Invoice JSON download functionality Live on the GST e-Invoice Portal

Posted in GST |   6321 Views


GSTN Introduces Form DRC-01C to Address ITC Mismatches in GSTR-2B and GSTR-3B

   03 October 2023 at 08:46

GSTN has enabled Form DRC-01C to deal with ITC mismatches between GSTR 2B and GSTR 3B

Posted in GST  1 comments |   28935 Views


AIGF Writes to Finance Ministry Seeking GST Notification Suspension for Online Gaming

   03 October 2023 at 08:45

The All India Gaming Federation (AIGF) has reportedly reached out to the finance ministry requesting the suspension of the 28 percent Goods and Services Tax (GST) notification on online gaming that was set to go into effect on October 1.

Posted in GST |   4011 Views


CBDT Chairman Nitin Gupta Granted 9-Month Tenure Extension

   03 October 2023 at 08:44

The Union government has granted a nine-month extension to Nitin Gupta, who is the Chairperson of the Central Board of Direct Taxes (CBDT).

Posted in Income Tax |   9078 Views


Income Tax Department Receives Over 30 Lakh Audit Reports till 30th September, 2023

   03 October 2023 at 08:41

More than 30 lakh Audit Reports filed on Income Tax Department's e-filing portal till 30th September, 2023

Posted in Income Tax |   7776 Views


GST Collection for September 2023 Cross Rs 1.6 Trillion, Records 10% YoY Growth

   02 October 2023 at 08:20

₹1,62,712 crore gross GST revenue collected during September 2023; records 10% Year-on-Year growth

Posted in GST |   6906 Views


ICAI Sets Guinness World Record for Largest Accounting Lesson

   02 October 2023 at 08:20

Igniting the Aspirations of Future Finance Leaders - ICAI creates Guinness World Record  

Posted in Professional Resource |   9597 Views


RBI extends deadline for exchange of Rs 2000 notes to October 7

   01 October 2023 at 06:17

As the period specified for the withdrawal has come to an end, and based on a review, it has been decided to extend the current arrangement for deposit / exchange of ₹2000 banknotes until October 07, 2023

Posted in Others |   3918 Views


ICAI Extends KYM and Membership Fee Deadline to October 31, 2023

   30 September 2023 at 15:41

Extension of last date for payment of Membership /COP fee for the year 2023-24 to 31st October, 2023.

Posted in Professional Resource |   21933 Views



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