CAclubindia News
Union Finance Secretary Envisions AI's Role in Transforming Auditing and Accounting
26 September 2023 at 08:46The Union Finance Secretary, T.V. Somanathan, has expressed the view that Artificial Intelligence (AI) has the potential to replace some of the work currently done by auditors and accountants.
MCA Extends AGM and EGM Timeline for Virtual Meetings Until September 30, 2024
26 September 2023 at 08:44Ministry of Corporate Affairs (MCA) has extended the timeline for holding Annual General Meetings (AGMs) and Extra-Ordinary General Meetings (EGMs) through video conferencing (VC) or other audio-visual means (OAVM) until September 30, 2024.
LIC Receives GST Bill Exceeding Rs 290 Crore from Bihar Tax Department
25 September 2023 at 09:01The Life Insurance Corporation of India (LIC) has received a Goods and Services Tax (GST) demand, which includes interest and penalty, from Bihar state tax officials amounting to over Rs 290 crore.
Income Tax Department Urges Taxpayers to Address Past Tax Demands for Speedier Refunds
25 September 2023 at 09:00The Income Tax Department is making every effort to complete the processing of Income Tax Returns (ITRs) and issuance of refunds expeditiously
CBDT releases Excel-Based and MAC Utilities for AY 2023-24
25 September 2023 at 08:59Central Board of Direct Taxes (CBDT) has released Updated Utilities, Excel-based Utility and a MAC Utility for filing Income Tax Returns ITR 3, ITR 5, and ITR 6 for the Assessment Year (A.Y.) 2023-24.
CBDT releases Common Offline Utility for filing ITR 1, ITR 2, ITR 3 and ITR 4 for AY 2023-24
25 September 2023 at 08:58Central Board of Direct Taxes (CBDT) has released updated Common Offline Utility for filing Income Tax Returns ITR 1, ITR 2, ITR 3, and ITR 4 for the Assessment Year (A.Y.) 2023-24.
GSTN launches 'Track Application Status' tab for GST Registration
25 September 2023 at 08:58GSTN has introduced a new 'Track Application Status' tab in the GST registration process.
ICAI invites suggestions for Pre-Budget Memorandum 2024
23 September 2023 at 13:13Institute of Chartered Accountants of India (ICAI) has invited suggestions for the Pre-Budget Memorandum-2024.
Income Tax Raids Lux Industries Over Rs 200 Crore Tax Evasion Allegation
23 September 2023 at 08:44Lux Industries, a company in the FMCG (Fast Moving Consumer Goods) sector, is currently undergoing a raid by the Income Tax Department in multiple locations, including Kolkata.
Income Tax Department Unveils New Tax Payment Summary Report on AIS Portal
22 September 2023 at 08:58Income Tax Department of India has recently introduced a new tax payment summary report, which is now accessible in the "Reports" section of the AIS portal
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