CAclubindia News

Real Estate Developers Urge 18% GST Amendment on Corporate Guarantees in Representation to FM

27 December 2023 at 09:24

Real estate developers have reportedly approached Finance Minister Nirmala Sitharaman, urging amendments to the recent circular imposing an 18% Goods and Services Tax (GST) on corporate guarantees

Posted in GST | 2019 Views

IT Dept uses fine-tooth comb to nab both employers & employees for TDS claims mismatch

27 December 2023 at 09:23

In a bid to ensure accurate tax compliance, the Income Tax department is intensifying its efforts to reconcile discrepancies between the tax deducted at source (TDS) by companies and the declarations made by employees in their annual I-T returns.

Posted in Income Tax | 11868 Views

Assam GST Dept Adopts IIT Big Data Software for Automated DRC-01 Notices

27 December 2023 at 09:22

The Assam GST Department issued Instruction No. 13/2023-GST dated December 26, 2023, regarding notices issued based on IIT Big Data Software.

Posted in GST | 3237 Views

Taxpayers Likely to File Revised GST Returns Starting April 2025

26 December 2023 at 10:43

The Government is reportedly considering permitting the filing of updated or revised returns under the GST.

Posted in GST | 3663 Views

State Taxes Department Triumphs with Rs 3.16 Crore Recovery in GST Penalties

26 December 2023 at 09:07

Deputy Commissioner Ranjeet Singh Leads Kathua's Enforcement Wing to a 73% Surge in Revenue, Collects Rs 3.16 Crore in Penalties

Posted in GST | 1995 Views

Thane Resident Faces Rs 23 Lakh GST Notice as Scammers Use Stolen KYC in Elaborate Job Scam

26 December 2023 at 09:07

Thane Resident Falls Victim to Elaborate Job Scam, Faces Rs 23 Lakh GST Default Notice

Posted in GST | 2151 Views

TVS Electronics Faces Rs 17 Crore GST Hit as Assessment Order Triggers Financial Concerns

26 December 2023 at 09:06

TVS Electronics Faces Rs 17.04 Crore GST Litigation, Responds with Detailed Rebuttal

Posted in GST | 2718 Views

Vedanta's Subsidiary, BALCO Faces Rs 84 Crore GST Demand Notice

25 December 2023 at 09:24

Vedanta Limited reported that its subsidiary, Bharat Aluminium Company Limited (BALCO), has been served with a Goods and Services Tax (GST) demand notice amounting to Rs 84 crore.

Posted in GST | 5478 Views

Income Tax Department Emphasizes Adherence to Conduct Rules Amidst Vigilance Exercise

25 December 2023 at 09:21

Income Tax Department has reiterated its commitment to maintaining the highest standards of ethical conduct among its officers and officials.

Posted in Income Tax | 3429 Views

CBDT Unveils Updated E-Brochures for Informed Income Tax Practices

25 December 2023 at 09:20

Central Board of Direct Taxes (CBDT), operating under the Department of Revenue, Ministry of Finance, has recently released a set of updated E-Brochures under the Income Tax domain.

Posted in Income Tax | 6492 Views