CAclubindia News


Assistant CT & GST Officer Held in Odisha for Demanding Rs 12,000 Bribe to Waive Tax Penalty

   31 October 2025 at 06:39

Odisha Vigilance caught Umakanta Mahakur, Assistant CT & GST Officer of Titlagarh, red-handed while accepting a Rs 12,000 bribe from a businessman to waive tax fines. Searches and further investigations are underway.

Posted in GST |   93 Views


GSTN Introduces 'Import of Goods' Feature in IMS to Enhance Compliance Ease

   31 October 2025 at 06:39

GSTN adds a new 'Import of Goods' feature to the Invoice Management System (IMS) from October 2025, allowing taxpayers to take action on Bills of Entry for imports and enhancing ITC accuracy.

Posted in GST |   1035 Views


GSTN Enables UPI and Card Payments for GST Across 27 States and UTs

   31 October 2025 at 06:39

Taxpayers can now pay GST using UPI and Debit/Credit cards across 27 States and UTs. GSTN's new digital payment feature simplifies tax payments and promotes ease of compliance.

Posted in GST |   213 Views


Allahabad HC Orders Income Tax Dept to Pay Compensation After Seized Jewellery Stolen from Bank Locker

   31 October 2025 at 06:39

The Allahabad High Court has ordered the Income Tax Department to compensate a taxpayer after jewellery worth over Rs 90 lakh, seized during a tax raid, was stolen from a bank locker where it was stored for safekeeping.

Posted in Income Tax |   111 Views


Finance Ministry Flags Downside Risks to Growth Amid Global Slowdown

   31 October 2025 at 06:39

The Finance Ministry's September 2025 Economic Review warns that global uncertainties may dampen external demand, even as GST cuts, structural reforms, and strong domestic demand continue to support India’s growth momentum.

Posted in Others |   54 Views


Finance Ministry Invites Industry Suggestions on Tax Rate Changes and Compliance Ease for Union Budget 2026-27

   31 October 2025 at 06:39

The Finance Ministry has invited industry suggestions on tax rate changes, duty structure revisions, and compliance simplification for Union Budget 2026-27. Proposals must be submitted by November 10, 2025.

Posted in Income Tax |   123 Views


CA September 2025 Results: ICAI Likely to Declare CA Final, Intermediate and Foundation Results on 3rd November 2025

   30 October 2025 at 13:23

The Institute of Chartered Accountants of India (ICAI) will declare the CA Final, Intermediate, and Foundation exam results for September 2025 on November 3. Check timings and how to access results at icai.nic.in.

Posted in Students |   4470 Views


GSTN to Bar Filing of Pending GST Returns Older Than 3 Years from 1st December 2025

   30 October 2025 at 10:26

As per the Finance Act 2023, GSTN will restrict the filing of returns pending for more than 3 years starting December 1, 2025. Taxpayers are advised to file all due GSTR-1, 3B, 4, 5, 6, 7, 8, 9, and 9C forms before the deadline to avoid non-compliance.

Posted in GST |   1482 Views


Fake Income Tax Officer Nabbed: 12th-Pass Man Duped 35 Aspirants with False Job Promises

   30 October 2025 at 06:58

Gujarat Police arrested Aman Kumar, a Jharkhand-based fraudster, for posing as an Income Tax officer and duping 35 people of crores through fake job offers.

Posted in Income Tax |   1104 Views


Bombay High Court Quashes Income Tax Assessment Based on AI-Generated Case Laws

   30 October 2025 at 06:58

The Bombay High Court has set aside an income tax assessment after finding that the Assessing Officer relied on fictitious, AI-generated case laws.

Posted in Income Tax |   1521 Views



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