CAclubindia News


ICAI Reschedules CA Final Exam on November 13, 2024, for Select Centres Due to Elections

   06 November 2024 at 07:03

Re-Scheduling of CA Examination scheduled to be held on 13th November 2024 (Wednesday) at the Examination Centre(s) at Hazaribagh (Jharkhand), Jamshedpur (Jharkhand), Ranchi (Jharkhand), Raipur (Chhattisgarh) and Jhunjhunu (Rajasthan).

Posted in Students |   18825 Views


ICAI Welcomes Observations of the Candidates on the Question Papers of CA Final November 2024 Exams

   06 November 2024 at 06:41

Observations of the candidates on the question papers of Chartered Accountants Final Examinations and Post Qualification Courses Examination - November - 2024

Posted in Students |   222 Views


GST Exempted on Disconnection and 16 Other Power Services in UP

   06 November 2024 at 06:41

In a significant update for power consumers in Uttar Pradesh, the U.P. Power Corporation Limited (UPPCL) has announced new guidelines clarifying the GST applicability on a range of power billing system services.

Posted in GST |   468 Views


Airlines Under GST Scrutiny: Government Tightens Rules on Unpaid Tax for Cancelled Tickets

   06 November 2024 at 06:41

Airlines must now share comprehensive passenger and booking data daily with tax authorities, according to revised regulations by the Central Board of Indirect Taxes and Customs (CBIC).

Posted in GST |   696 Views


CBDT Sets New Limits for Interest Waiver under IT Act Section 220(2)

   06 November 2024 at 06:41

The Central Board of Direct Taxes (CBDT) issued Circular No. 15/2024 on November 4, 2024, defining monetary thresholds for income tax authorities regarding the waiver or reduction of interest under Section 220(2) of the Income-tax Act, 1961.

Posted in Income Tax |   3663 Views


Income Tax Department Receives 6500 Stakeholder Suggestions for Overhaul of IT Act, 1961

   05 November 2024 at 07:04

The Income Tax Department has received a significant response from stakeholders, amassing 6,500 suggestions over the past month for the comprehensive review of the Income Tax Act, 1961.

Posted in Income Tax |   2697 Views


GST Portal Activates Form DRC-03A for Voluntary Payment Adjustments

   05 November 2024 at 07:03

The Goods and Services Tax (GST) portal has now activated Form DRC-03A, enabling taxpayers to adjust or set off voluntary payments against an order of demand.

Posted in GST |   14010 Views


Gujarat Among Top 5 in Income Tax Contributions, Collects Rs 3.46 Lakh Crore

   05 November 2024 at 07:01

Gujarat has solidified its position as one of India’s top contributors to income tax, with a remarkable cumulative collection of ₹3.46 lakh crore over the past five years, according to a recent report by the State Bank of India.

Posted in Income Tax |   882 Views


CBI Arrests 5 Senior CGST Officers Over Rs 50 Lakh Bribery Case Following Allegations of Misconduct

   05 November 2024 at 07:00

In a significant crackdown, the Central Bureau of Investigation (CBI) has arrested five senior officials from the Central Goods and Services Tax (CGST) department in connection with an alleged ₹50 lakh bribery case, registered on September 5

Posted in GST |   1095 Views


GST IMS Dashboard: New Guidelines for 'Deemed Acceptance' and Record Handling

   04 November 2024 at 08:46

The GST framework has introduced new guidelines regarding the handling of records on the Invoice Matching System (IMS) dashboard, aiming to improve clarity and streamline the GSTR-2B reconciliation process.

Posted in GST |   3405 Views