CAclubindia News

Withdrawal functionality of 15CB forms enabled at e-filing portal

11 September 2022 at 09:32

Withdrawal facility has now been enabled on the e-filing portal, facilitating the CAs to withdraw the 15CB forms by recording appropriate reasons, therein.

Posted in Income Tax | 5409 Views

Direct tax collection surges over 35% till 8th September 2022

10 September 2022 at 08:39

Direct Tax collections up to 8th September, 2022 show that gross collections are at Rs. 6.48 lakh crore, which is 35.46% higher than the gross collections for the corresponding period of last year.

Posted in Income Tax | 2985 Views

FM Nirmala Sitharaman chairs meeting on illegal loan apps

10 September 2022 at 08:39

Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman chaired a meeting yesterday to discuss the various issues related to "Illegal Loan Apps" outside the regular banking channels.

Posted in Others | 1653 Views

DRI detects 72 hidden packets weighing 39.5 kg of suspected narcotic substance

10 September 2022 at 08:39

DRI detects 72 hidden packets weighing 39.5 kg of suspected narcotic substance Heroin in Operation "Gear Box"The Directorate of Revenue Intelligence (DRI) along with ATS, Gujarat, detect 72 hidden packets weighing 39.5 kg of powder in bags,

Posted in Custom | 2577 Views

IT Department conducts searches on prominent business groups in Maharashtra

10 September 2022 at 08:39

The Income Tax Department carried out a search & seizure action on 25.08.2022 on two groups engaged in the business of sand mining, sugar manufacturing, road construction, healthcare, running of medical college etc.

Posted in Income Tax | 1695 Views

ICAI releases schedule for CA Foundation Dec 2022 Exams

09 September 2022 at 20:36

In pursuance of Regulation 22 of the Chartered Accountants Regulations, 1988, the Council of the Institute of Chartered Accountants of India is pleased to announce that the next CA Foundation Examination will be held on the dates and places

Posted in Students | 5658 Views

E-way bill generation at all time high as festive season arrives

09 September 2022 at 17:46

E-way bills, or electronic way bills, reflected a growth of 19 percent this year after their generation reached an all-time high of 78.21 million in August.

Posted in GST | 2 comments | 3696 Views

CGST officers busts Rs. 142 Crore fake GST invoice racket

09 September 2022 at 08:42

Officers of CGST Mumbai South Commissionerate have busted a fake GST invoice racket, which was used to pass on fake GST Input Tax Credit (ITC) of Rs. 27.80 crore on invoices of Rs 142 Crore

Posted in GST | 4863 Views

GST wing of CBIC conducts tax inspections against insurance companies

08 September 2022 at 08:45

The Goods and Services Tax wing of the Central Board of Indirect Taxes and Customs (CBIC) has carried out tax searches and inspections against several insurance companies.

Posted in GST | 5550 Views

ICAI | External Confirmations through Third Party Vendors

08 September 2022 at 08:45

External confirmations have been an important and integral part of audit procedure in order to obtain sufficient appropriate audit evidence in line with requirement prescribed in various Standards on Auditing (SAs).

Posted in Professional Resource | 5529 Views