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IT Department conducts search operations on a taxpayer in Delhi

   06 December 2021 at 12:13

The Income Tax Department initiated search action on 24.11.2021 on a taxpayer in Delhi who has created a beneficiary trust and an underlying company in low tax overseas jurisdiction.

Posted in Income Tax |   5238 Views


Over 3 crore ITRs filed on the new e-Filing portal of Income Tax Department

   05 December 2021 at 16:44

More than 3 crore Income Tax Returns filed on new e-Filing portal of Income Tax Department; Taxpayers who are yet to file their ITRs for AY 2021-22 advised to file at the earliest

Posted in Income Tax |   6051 Views


ICAI welcomes observations of the candidates on the question papers of Dec 2021 CA exams

   05 December 2021 at 11:28

It is hereby informed that candidates can bring to the notice of the Examination Department, their observations, if any, on the question papers relating to CA Examinations being held in December 2021

Posted in Students |   9171 Views


Delhi Customs intercepts Pakistan-origin smuggled cosmetic goods weighing 2800 kg worth Rs 1.2 crore

   04 December 2021 at 08:36

The Delhi Customs in a swift operation on 29.11.2021 busted a unique modus operandi and seized smuggled goods worth ₹1.2 crore. 

Posted in Custom |   3681 Views


New functionalities deployed on the GST Portal for taxpayers in Nov 2021

   03 December 2021 at 08:45

Various new functionalities are implemented on the GST Portal, from time to time, for GST stakeholders. These functionalities pertain to different modules such as Registration, Returns, Advance Ruling, Payment, Refund and other miscellaneous topics.

Posted in GST |   9981 Views


CBDT issues refunds to more than 1.15 crore taxpayers from 1st April to 29th November, 2021

   02 December 2021 at 09:07

CBDT issues refunds of over Rs. 1,29,210 crore to more than 1.15 crore taxpayers from 1st April, 2021 to 29th November 2021.

Posted in Income Tax |   1251 Views


GST revenue collection rises 25% to Rs 1.30 lakh crore in November

   01 December 2021 at 14:01

GST collection for November,2021 surpassed last month collection registering the second highest since implementation of GST

Posted in GST |   2355 Views


ICAI proposes amendments to IAS 1 - Presentation of Financial Statements

   01 December 2021 at 08:48

Non-current Liabilities with Covenants - Proposed amendments to IAS 1

Posted in Professional Resource |   5217 Views


Last date for filing nomination for 15th ICAI Awards extended till 10th December 2021

   01 December 2021 at 08:47

Last date for filing nomination for 15th ICAI Awards has been extended till 10th December, 2021

Posted in Professional Resource |   1368 Views


ICAI President highlights the importance of promoting financial inclusion through financial literacy

   01 December 2021 at 08:46

Professional and dexterous auditing is the key for any nation’s strong economy. Giving due value and honour to the institution of Comptroller and Auditor General of the country, the first ever Audit Diwas was celebrated on 16th of November this year

Posted in Professional Resource |   2967 Views



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