CAclubindia News
About Rs 400 crore tax deposited by filing updated ITRs so far
25 November 2022 at 08:41The recently introduced provision of allowing taxpayers to update their tax returns has seen as many as 5 lakh re-filings with about ₹400 crore additional tax coming in, a senior government official said on Thursday.
ICAI issued revised disclosures checklist for Ind AS
25 November 2022 at 08:40ICAI has issued a revised disclosures checklist for Indian Accounting Standards (Ind AS) - November, 2022.
Verify Aadhaar before accepting it as a proof of identity: UIDAI
24 November 2022 at 16:48Before accepting an Aadhaar either in physical or electronic form for establishing identity of an individual, entities should verify the Aadhaar.
CBN seizes 272 kg illicit Opium worth Rs 14 crore from inter-state drug cartels
24 November 2022 at 08:42In continuance of Anti-Drug operations, officers of Central Bureau of Narcotics (CBN) Neemuch, have busted inter-state drug cartels involved in trafficking of illicit Opium from North East India to Rajasthan.
IT department conducts 40 raids across Tamil Nadu alleging tax evasion
24 November 2022 at 08:41The Income Tax department started to conduct surprise raids on goods suppliers to Public Distribution System (PDS) shops in Tamil Nadu on Wednesday.
GSTN included as Financial Information Provider under Account Aggregator Framework
24 November 2022 at 08:39The Reserve Bank on Wednesday said the Goods and Services Tax Network (GSTN) has been included in the list of financial information providers under the Account Aggregator framework to facilitate cash flow-based lending to MSMEs.
IT Dept detects unaccounted transactions exceeding Rs. 100 crore in Bihar
23 November 2022 at 08:49Income Tax Department initiated a Search & Seizure action on few groups engaged in the business of gold & diamond jewellery and real estate, on 17.11.2022.
Petitioner seeks tax exemption for persons earning below Rs 8 lakh, citing EWS criteria
23 November 2022 at 08:49Kunnur Seenivasan, a Dravida Munnetra Kazhagam (DMK) functionary, has filed a petition with the Madurai Bench of the Madras High Court on the ground of the recent Supreme Court ruling regarding the Economically Weaker Section (EWS) reservation. Seeni
Several FPIs, AIFs get tax notice for errors in returns
22 November 2022 at 08:34The Income Tax Department has sent notices to dozens of foreign portfolio investors (FPIs) and alternative investment funds (AIFs), flagging discrepancies in their tax returns.
ICAI: 21st World Congress of Accountants becomes a knowledge powerhouse
21 November 2022 at 08:43The 21st World Congress of Accountants becomes a knowledge powerhouse with discussions being held on Technology, Innovation, Entrepreneurship, Wealth Creation, Taxation
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