CAclubindia News

CBDT Grants IFSC Units Form 15CA Exemption and Introduces Form 15CD for Quarterly Reporting

18 October 2023 at 09:11

CBDT vide Notification No. 89/2023 dated October 16, 2023 has amended Rule 37BB of the Income Tax Rules, 1962 to exempt IFSC units from furnishing Part D of Form 15CA for non-taxable remittances.

Posted in Income Tax | 3768 Views

GSTN | Online Money Gaming & OIDAR Service Providers - Register with Forms GST REG-10 and GSTR-5A

18 October 2023 at 09:10

Advisory: Person supplying of Online Money Gaming services or OIDAR or Both– Form GST REG-10 and Form GSTR-5A

Posted in GST | 4344 Views

ICAI Convocation Nov 2023: Members to Receive Certificates in Multiple Cities

18 October 2023 at 09:09

The next ICAI Convocation will be held at following Cities as per dates mentioned, for Members who are enrolled during the period from 1st May 2023 to 20th October 2023.

Posted in Professional Resource | 3996 Views

Massive Rs 20 Crore GST Fraud Unearthed in Ahmedabad

17 October 2023 at 08:42

In a significant development, the Ahmedabad zonal unit of the Directorate General of GST Intelligence (DGGI) recently uncovered a case involving tax evasion of a staggering Rs 20 crore through fraudulent activities in the chewing tobacco business.

Posted in GST | 4068 Views

ITRs Nearly Double in Nine Years, Signifying Remarkable Growth

17 October 2023 at 08:41

74.6 Million PIT Returns Filed in FY23, Showcasing Remarkable Growth Since FY15

Posted in Income Tax | 3933 Views

Delta Corp Receives Rs 6,384 Crore GST Shortfall Notices Amid Ongoing Dispute

16 October 2023 at 08:31

Delta Corp, the prominent casino chain operator, has been hit with fresh notices alleging a GST payment shortfall amounting to ₹6,384 crore, as disclosed in a regulatory filing on October 14.

Posted in GST | 7983 Views

Police Nab Kingpin in Multi-Crore GST Scam in Delhi

16 October 2023 at 08:30

In a significant breakthrough, the Sirsa police have apprehended the mastermind behind a multi-crore Goods and Services Tax (GST) scam, identified as Padam Bansal, in a targeted operation conducted in Delhi's Dwarka area.

Posted in GST | 3966 Views

CA Nov 2023 Exams Postponed in Chhattisgarh and Madhya Pradesh Due to Legislative Assembly Elections

14 October 2023 at 14:18

In a significant development, the Chartered Accountant Examinations, scheduled for November 2023 in the states of Chhattisgarh and Madhya Pradesh, have been postponed due to the upcoming Legislative Assembly Elections.

Posted in Students | 10719 Views

Kerala GST Department Issues Guidelines for Sections 73 & 74 Notices

14 October 2023 at 08:43

In exercise of powers conferred under section 168 of KSGST Act 2017, the following circular instructions are issued to bring out uniformity in issuing notices while proceeding under section 73 and section 74.

Posted in GST | 4353 Views

Massive Rs 30,000 Crore Tax Evasion Scandal Unveiled in the Insurance Industry

14 October 2023 at 08:41

A seismic scandal has rocked the insurance industry as an internal income tax department assessment reveals a staggering evasion of nearly ₹30,000 crore in income tax since the inception of the Goods and Services Tax (GST) on July 1, 2017.

Posted in GST | 8436 Views