CAclubindia News

Income Tax Department Finds Rs 408 Crore Sales Suppression in Restaurants After Nationwide Survey

10 March 2026 at 09:00

The Income Tax Department uncovers Rs 408 crore in suppressed sales after surveying 62 restaurants across 46 cities. Under the SAKSHAM NUDGE campaign, 63,000 restaurants have been asked to update their tax returns before 31 March 2026.

Posted in Income Tax | 4299 Views

Finance Ministry Flags Economic Risks for India Amid Escalating West Asia Conflict

10 March 2026 at 06:58

Finance Ministry warns prolonged West Asia conflict may widen India's current account deficit, weaken the rupee and raise inflation due to rising oil and LNG prices.

Posted in Others | 78 Views

GST Registration Rejected for Legal Heir After Proprietor's Death, CA Flags Procedural Issues

10 March 2026 at 06:58

GST department rejects registration of legal heir continuing deceased proprietor's business, citing missing succession documents. Experts call for clearer GST guidelines.

Posted in GST | 2370 Views

Fake Income Tax Raid Busted: Two Youths Posing as Officers Arrested

09 March 2026 at 08:54

Two youths posing as Income Tax officers attempted a fake raid at a residence but were caught by Ramnagar police after locals verified their credentials.

Posted in Income Tax | 2718 Views

CIC Asks Income Tax Department to Fix TDS Mismatch Process, Protect Honest Taxpayers

09 March 2026 at 08:53

The Central Information Commission has advised the Income Tax Department to create a taxpayer-friendly mechanism to resolve TDS mismatches between Form 16 and Form 26AS and prevent harassment of honest taxpayers.

Posted in Income Tax | 4731 Views

Finance Ministry Appoints Ms. Krati Nigam as CGST Joint Commissioner in GST Authority Amendment

09 March 2026 at 08:53

The Ministry of Finance has issued Notification No. 01/2026–Union Territory Tax amending the 2018 GST notification and appointing Ms. Krati Nigam, Joint Commissioner CGST Daman, in the UT GST authority panel.

Posted in GST | 192 Views

Toppers, Marksheet & Pass Percentage of CA Intermediate January 2026 Exams

08 March 2026 at 10:39

CA Intermediate January 2026 results analysis: Check pass percentage, AIR toppers Kanhiya Lal, Fathima Shehza K and Vanya Bansal with detailed marksheets and exam statistics.

Posted in Students | 6690 Views

Toppers, Marksheet & Pass Percentage of CA Foundation January 2026 Exams

08 March 2026 at 10:35

ICAI has announced the CA Foundation Jan 2026 results with a 19.23% pass percentage. Check the complete gender-wise pass percentage and toppers list, including Logapriya P P, Khushi Sikaria and other rank holders along with their detailed marksheets.

Posted in Students | 4461 Views

ICAI CA Foundation and Intermediate January 2026 Results Declared

08 March 2026 at 10:29

The Institute of Chartered Accountants of India has announced the January 2026 CA Foundation and Intermediate exam results. Check result steps, official website link, and login details using registration number or roll number.

Posted in Students | 2022 Views

Rajinikanth Gets Major Tax Relief as CESTAT Quashes Service Tax Order in Property Leasing Dispute

07 March 2026 at 06:57

CESTAT Chennai sets aside service tax demand on actor Rajinikanth, ruling that renting property for hotel use is excluded from taxable "Renting of Immovable Property Service."

Posted in Service Tax | 2397 Views