CAclubindia News

GST e-invoice system completes the journey of 3 months

02 January 2021 at 17:44

GST e-invoice system completed the journey of 3 months; Enabled more than 37000 taxpayers to generate more than 1680 Lakh Invoice Reference Numbers (IRNs)

Posted in GST | 2466 Views

CBIC makes changes in the Tariff Value of Certain Goods

02 January 2021 at 14:54

Tariff Notification No. 117/2020-Customs (N.T.) in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Silver

Posted in Income Tax | 1920 Views

DGGI Gurugram arrests 3 for fraudulently claiming input tax credit of Rs 12.90 crores

02 January 2021 at 14:54

DGGI, North Zone, Gurugram has arrested three persons, namely Shri Alok Bhargava and his sons Shri Akul and Shri Atin Bhargava, owners of M/s Delhi Foils, M/s Abinox Industries, and M/s Matalax Industries, Wazirpur, New Delhi.

Posted in GST | 5484 Views

IT Department conducts searches in Kolkata resulting in unearthing of incriminating evidences

02 January 2021 at 14:54

The Income Tax Department carried out search and seizure action on two Kolkata based Groups engaged in manufacturing & trading of Steel, trading of marbles & stones, food grains, etc.

Posted in Income Tax | 1476 Views

RoDTEP Scheme gets implemented from 1st January 2021

02 January 2021 at 14:54

Taking a major step to boost exports, the Government has decided to extend the benefit of the Scheme for Remission of Duties and Taxes on Exported Products (RoDTEP) to all export goods with effect from 1st January 2021.

Posted in Custom | 7695 Views

Taxpayers wrongly charged with late fee u/s 234F inspite of extension announcement

02 January 2021 at 12:35

It has been communicated by various taxpayers and professionals that the Income Tax Portal is charging a late fee u/s 234F in spite of the extension announcement dated 31st December 2020.

Posted in Taxpayers Corner | 1 comments | 4428 Views

Income Tax - E-Calendar 2021

02 January 2021 at 12:35

The Income Tax Department has released the E-Calendar 2021 for Income Tax. This calendar showcases a glimpse of India's growth, through the lens of taxation.

Posted in Income Tax | 7155 Views

MCA allows companies to conduct their EGMs through VC or OAVM or transact items through postal ballot up to 30th June 2021

02 January 2021 at 12:35

MCA has decided to allow companies to conduct their EGMs through VC or OAVM or transact items through the postal ballot in accordance with the framework provided in the circular up to 30th June 2021.

Posted in Corporate Law | 1650 Views

Reserve Bank of India introduces the RBI-Digital Payments Index

02 January 2021 at 12:35

The Reserve Bank of India has constructed a composite Digital Payments Index (DPI) to capture the extent of digitization of payments across the country.

Posted in Community & General | 1842 Views

MCA clarifies that there is no change in the additional fee logic of eForm MGT-7 and AoC-4/AOC-4 XBRL/AOC-4 CFS/AOC-4 NBFC for the FY 2019-20 w.e.f 01 January 2021

02 January 2021 at 11:02

MCA has clarified that there will be no change in the additional fee logic eForms, since the extension was provided to all the companies for conducting AGM and not for filing the form.

Posted in Corporate Law | 2739 Views