CAclubindia News

ITR-2 Now Enabled for Online Filing with Prefilled Data on Income Tax Portal

18 July 2025 at 09:08

ITR-2 is now live for online filing with prefilled data on the Income Tax portal. Taxpayers can file seamlessly without uploading JSON files.

Posted in Income Tax | 678 Views

Revised Tax Audit Forms 3CA-3CD and 3CB-3CD Enabled on e-Filing Portal

18 July 2025 at 09:04

Revised Forms 3CA-3CD and 3CB-3CD Now Live on Income Tax e-Filing Portal Following Notification No. 23/2025

Posted in Income Tax | 2322 Views

Finance Ministry Notifies Amendments to Special Benami Courts in Raipur and Jaipur

18 July 2025 at 08:57

The Ministry of Finance has notified amendments to special courts under the Benami Property Act, 1988, updating designations in Raipur and Jaipur via Notification No. 117/2025 dated July 17, 2025.

Posted in Income Tax | 57 Views

GST System Set to Roll Out New Enhancements for Data Security and Transparency in ASP-GSP Access

18 July 2025 at 08:51

GST System to introduce enhanced security and transparency features, including OTP-based consent alerts and dashboard access to view and revoke ASP/GSP data access.

Posted in GST | 2646 Views

Parliamentary Panel Set to Adopt Report on New Income Tax Bill Ahead of Monsoon Session Push

17 July 2025 at 09:09

A Parliamentary Committee is set to adopt its report on the Income Tax Bill, 2025, ahead of the Monsoon Session. The Bill aims to replace the 1961 Act, simplify procedures, and unify the tax year concept. CBDT begins training for implementation by 2026.

Posted in Income Tax | 1 comments | 1821 Views

Income Tax Department Cracks Down on Bogus Refunds Claimed by MNC, PSU and Govt Employees

17 July 2025 at 08:54

Income Tax Department cracks down on fake tax refund claims by MNC, PSU, and govt employees. Large-scale verification exposes misuse of deductions under Sections 80D, 80G, 10(13A) and more. Refunds withheld; penalties and prosecutions begin.

Posted in Income Tax | 2793 Views

GST Portal opens Appeal Filing Window for Waiver Order (SPL-07)

17 July 2025 at 08:45

GST Portal now enables filing of appeals (APL-01) against SPL-07 waiver rejection orders. Taxpayers can challenge denial of waiver applications online. Learn the steps and cautions.

Posted in GST | 2730 Views

GST Officers Leaking Return Data to Rivals for Money, Alleges Gujarat CA Group

16 July 2025 at 09:04

Gujarat CA body alleges GST officers sold traders' confidential return data to rivals; calls for urgent govt action to stop data leaks, misuse and corruption.

Posted in GST | 18717 Views

CBDT Reports Income Tax Refund Time Slashed to 17 Days in 2024 from 93 Days in 2013

16 July 2025 at 09:01

India cuts income tax refund time from 93 to 17 days, driven by digital reforms. Refunds surge 474% as taxpayer base and collections rise sharply.

Posted in Income Tax | 2070 Views

GST Department May Probe 29 Celebrities for Endorsing Illegal Betting App Promotions

15 July 2025 at 09:12

GST department may join ED's probe into 29 celebrities for promoting illegal betting apps like Parimatch & JeetWin. Investigation focuses on possible GST evasion and non-compliance under the CGST Act.

Posted in GST | 2025 Views