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ICAI Imposes 5-Year Ban on Candidates for Mobile Phone Use in CA Exams

   04 June 2024 at 10:47

Stringent Action against candidates for adopting Unfair Means during CA Examination

Posted in Students |   1938 Views


ICAI Launches Self-Paced Module Test (SPMT) Portal

   04 June 2024 at 10:46

ICAI has launched Self-Paced Module Test (SPMT) Portal for the candidates who have completed prescribed learning hours for respective Self-Paced Online Module A and Module B

Posted in Students |   1497 Views


Larsen & Toubro Ltd Faces Rs 4.68 Crore Penalty by Income Tax Department

   04 June 2024 at 08:50

In a significant development, the Income Tax Department has levied a penalty of Rs 4,68,91,352 on Larsen & Toubro Ltd (L&T), as revealed in a recent regulatory filing. This penalty stems from tax proceedings related to the now-merged L&T

Posted in Income Tax |   114 Views


CBIC Chairman Launches GSTN Back Office Application for CBIC officers

   04 June 2024 at 08:49

In a significant milestone in the digital transformation of CBIC, Sh. Sanjay Kumar Agarwal, Chairman CBIC launched the GSTN Back Office application for CBIC officers which will bring scale, speed and uniformity in the indirect tax administration.

Posted in GST |   105 Views


GSTN Adds Personal Hearing Option for GST DRC-01 Responses on Portal

   03 June 2024 at 09:01

The Goods and Services Tax Network (GSTN) has enabled a new feature on the GST Portal. Taxpayers can now actively choose 'Yes' or 'No' for a personal hearing while responding to the GST DRC-01 notice.

Posted in GST  1 comments |   2760 Views


GST Revenue in May 2024 Hits Rs 1.73 Lakh Crore, Marks 10% YoY Growth

   03 June 2024 at 09:01

Gross GST revenue collection in May 2024 stands at Rs 1.73 lakh crore; Records 10% y-o-y growth

Posted in GST |   138 Views


Income Tax Department Records Massive Seizure of Rs 1100 Crore During Lok Sabha Elections 2024

   01 June 2024 at 09:04

Income Tax Department has achieved a remarkable feat by seizing a staggering amount of Rs 1100 crore in cash and jewellery during the ongoing Lok Sabha elections, marking a remarkable 182% increase compared to the 2019 elections.

Posted in Income Tax |   2862 Views


Income Tax Department Unveils MAC Utility for Filing ITR 1 to ITR 4 for AY 2024-25

   01 June 2024 at 09:03

Income Tax Department has rolled out the much-awaited MAC utility for filing Income-tax Returns (ITRs) 1, 2, 3 and 4 for the AY 2024-25.

Posted in Income Tax |   258 Views


ITR-5: Online & Offline Utilities for AY 2024-25 Now Accessible

   01 June 2024 at 09:02

The Income Tax Department has made the ITR-5 form available for filing for the Assessment Year (AY) 2024-25. Taxpayers can now access both the offline and online utilities to submit their ITR-5 forms.

Posted in Income Tax |   138 Views


State Government Employees Protest Against Flawed Tax Deduction System for Opting Old Regime

   31 May 2024 at 09:06

In a significant demonstration of discontent, over 50 employees of the Tamil Nadu Arasu Uzhiyargal Sangam gathered outside the Department of Treasuries and Accounts office in Saidapet on Wednesday.

Posted in Income Tax |   1995 Views