CAclubindia News

Investigation in fresh series of Panama papers cases

Prompt investigation in fresh series of cases pertaining to ‘Panama Papers’The fresh release made in the media today under ‘Panama Paper Leaks’ is being promptly looked into by the law enforcement agencies under the aegis of t

Rs 6087 crore IGST refund sanctioned in the 2nd special refund fortnight

Total GST refund disposed till 16th June, 2018 stands at Rs 41,548 crore ; Rs.6,087 crore IGST refund sanctioned in the 2nd Special Refund Fortnight extended from 31st May, 2018 to 16th June, 2018.In line with the commitment of Government to liquidat

Amendment in IT Rule 10CB in respect of computation of interest income

Government of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct Taxes New Delhi, 20th June, 2018Amendment in Rule 10CB of IT Rules, 1962 in respect of computation ofinterest income pursuant to secondary adjustment u/s 92CE of IT Ac

Process adopted for Refund of IGST paid on export of goods

Process Adopted for Refund of IGST Paid on Export of Goods and Facility to Track Transmission of Invoice Data to ICEGATE: How to correctly file Invoice date details in Table 6A of Form GSTR-1

Know when to say no to Cash transaction

IT dept warns against fraud online PAN application entity

The general public is hereby informed that the Income Tax Department (ITD), Government of India has appointed only two entities namely NSDL e-Governance Infrastructure Limited (NSDL e- Gov) and UTI Infrastructure Technologies Services Limited for pur

GST lead to formalisation of economy says Govt

Historic tax reform, the Goods and Service Tax (GST), has resulted in formalization of economy and consequently, information flow would eventually augment not only the Indirect Tax collections but also Direct Tax collections. In the past, the Centre

Cost inflation index notified as 280 for 2018-19

MINISTRY OF FINANCE(Department of Revenue)(Central Board of Direct Taxes)NOTIFICATIONNew Delhi, the 13th June, 2018INCOME-TAXS.O. 2413(E).— In exercise of the powers conferred by clause (v) of the Explanation to section 48 of the Income-tax Act

Change of email and mobile number under GST system

Complaints are being received from taxpayers that the intermediaries who were authorized by them to apply for registration on their behalf had used their own email and mobile number during the process. They are now not sharing the user credentials wi

Mandatory information submission by members holding COP as on 1.4.2018

TO ALL MEMBERS HOLDING CERTIFICATE OF PRACTICE OF THE INSTITUTESub.: Furnishing of Information to the Group constituted by the Council to examine the issues arising out of the Judgement dated 23.02.2018 of the Hon’ble Supreme Court in S. Sukuma