CAclubindia News

ICAI Opens Verification & Certified Copies Window for CA January 2026 Exams

12 March 2026 at 09:05

ICAI has opened the online application window for verification, certified copies and inspection of answer sheets for the CA January 2026 exams. Check important dates and application details.

Posted in Students | 2388 Views

Two Maharashtra GST Officers, Intermediary Arrested for Rs 20 Lakh Bribe Demand

11 March 2026 at 07:19

The Maharashtra ACB has arrested two state GST officials and a private intermediary for allegedly accepting a Rs 20 lakh bribe in Nashik to settle a GST investigation. Further probe underway!

Posted in GST | 6588 Views

ICAI Releases Handbook on Key Compliances and Exemptions for Private Limited Companies

11 March 2026 at 07:19

ICAI has issued a detailed handbook explaining key compliances, exemptions and incorporation procedures for private limited companies under the Companies Act, 2013.

Posted in Corporate Law | 7221 Views

CGST Delhi Arrests Smartphone Trader's Director for Rs 60.59 Crore Fake ITC Fraud

10 March 2026 at 09:05

The Central Goods and Services Tax Delhi South Commissionerate arrests a company director for fraudulently claiming Rs 60.59 crore Input Tax Credit through bogus invoices worth Rs 397 crore under the Central Goods and Services Tax Act, 2017.

Posted in GST | 5037 Views

Income Tax Department Finds Rs 408 Crore Sales Suppression in Restaurants After Nationwide Survey

10 March 2026 at 09:00

The Income Tax Department uncovers Rs 408 crore in suppressed sales after surveying 62 restaurants across 46 cities. Under the SAKSHAM NUDGE campaign, 63,000 restaurants have been asked to update their tax returns before 31 March 2026.

Posted in Income Tax | 4512 Views

Finance Ministry Flags Economic Risks for India Amid Escalating West Asia Conflict

10 March 2026 at 06:58

Finance Ministry warns prolonged West Asia conflict may widen India's current account deficit, weaken the rupee and raise inflation due to rising oil and LNG prices.

Posted in Community & General | 111 Views

GST Registration Rejected for Legal Heir After Proprietor's Death, CA Flags Procedural Issues

10 March 2026 at 06:58

GST department rejects registration of legal heir continuing deceased proprietor's business, citing missing succession documents. Experts call for clearer GST guidelines.

Posted in GST | 2742 Views

Fake Income Tax Raid Busted: Two Youths Posing as Officers Arrested

09 March 2026 at 08:54

Two youths posing as Income Tax officers attempted a fake raid at a residence but were caught by Ramnagar police after locals verified their credentials.

Posted in Income Tax | 2805 Views

CIC Asks Income Tax Department to Fix TDS Mismatch Process, Protect Honest Taxpayers

09 March 2026 at 08:53

The Central Information Commission has advised the Income Tax Department to create a taxpayer-friendly mechanism to resolve TDS mismatches between Form 16 and Form 26AS and prevent harassment of honest taxpayers.

Posted in Income Tax | 4776 Views

Finance Ministry Appoints Ms. Krati Nigam as CGST Joint Commissioner in GST Authority Amendment