The Central Board of Indirect Taxes and Customs (CBIC) has issued a crucial clarification via its official X handle regarding the applicability of HSN codes in Table 12 of GSTR-1.
ICAI, through its Board of Studies (Academic), has officially announced the commencement of Mock Test Papers (MTP) Series - I and II for students appearing in the CA Intermediate September 2025 Examinations.
In a significant update for taxpayers under the Quarterly Return Monthly Payment (QRMP) scheme, the GSTN has resolved a system-level validation issue that previously hindered refund application filings on the GST Portal.
GSTN has clarified that, under the currently implemented system design, validation of values in Table-12 of GSTR-1 which relates to HSN-wise summary of outward supplies, is mandatory only for B2B transactions.
CBDT has issued a directive under Section 119(2)(a) of the Income-tax Act, 1961, allowing the processing of valid electronically filed ITRs for AY 2023-24, even where the original time limit to issue intimation under Section 143(1) has already expired.
The Central Board of Indirect Taxes and Customs (CBIC) has issued a clarification stating that communications generated via the GST common portal bearing a Reference Number (RFN) do not require a separate Document Identification Number (DIN).
In a shocking case of identity theft and financial fraud, a resident of Dombivli has alleged that his personal documents were misused to create a bogus firm, which has racked up a tax liability of ₹2.9 crore, police officials confirmed on Friday.
In a significant ruling, a Special CBI Court presided over by Judge Rajeev Goyal declared the arrest of two accused - Tanoj Yadav and Aakash Rohilla - in a high-profile bribery case involving CGST officials as illegal
Infosys has achieved a significant legal victory with the Directorate General of GST Intelligence (DGGI) officially closing a massive GST demand notice amounting to Rs 32,403 crore.
The Income Tax Department has launched a stringent crackdown on the use of in-operative Permanent Account Numbers (PANs), warning that individuals using such PANs for financial transactions may face penalties of up to Rs 10,000 per transaction.
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