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Revocation of UDINs now reversible within 48 hours

   23 June 2023 at 14:24

The Council, in its 420th meeting held on 23rd-24th March, 2023, decided that revocation of UDINs would now be possible within 48 hours from the time of its generation.

Posted in Professional Resource  1 comments |   9822 Views


Deloitte resigns as auditors of Byjus cites delay in providing financial statement of 2022

   23 June 2023 at 08:59

Audit firm Deloitte has resigned as auditors of BYJU'S citing a delay in submission of financial statements while almost simultaneously three of the edtech firm's board members have quit in what is being seen as a deepening crisis at the decacorn.

Posted in Audit |   13752 Views


ICAI releases checklist on Standards on Auditing

   23 June 2023 at 08:55

This Standard on Auditing (SA) establishes the independent auditor's overall responsibilities when conducting an audit of financial statements in accordance with SAs.

Posted in Audit |   13011 Views


DGGI Gurugram Takes Down Fraudulent Network: 539 Fake Entities Exposed in ITC Fraud

   23 June 2023 at 08:54

DGGI Gurugram officials bust racket involving 539 fake entities and fraudulently claiming ITC of Rs. 1,124.66 crore, one held

Posted in GST |   3081 Views


CBDT inserts New IT Rule 21AGA and amends IT Rules 2BB, 3 & 5

   23 June 2023 at 08:53

The Central Board of Direct Taxes (CBDT) has recently issued Notification 43/2023, introducing crucial amendments to the Income-tax Rules, 1962.

Posted in Income Tax |   10509 Views


MCA extends Form DPT-3 Filing deadline to 31st July 2023

   22 June 2023 at 08:56

The Ministry of Corporate Affairs (MCA) has extended the due date of filing return of deposits Form DPT-3 by 1 month till July 31, 2023.

Posted in Corporate Law |   43809 Views


ITR-2 Offline Utility for AY 2023-24 Now Accessible for Filing Tax Returns

   22 June 2023 at 08:54

Offline utility of ITR-2 for AY 2023-24 is available for filing. You can download it from the Income Tax Department website.

Posted in Income Tax |   8187 Views


GST Evasion worth Rs 30,000 crore Fraudulent Activities Discovered in 16 States

   22 June 2023 at 08:51

The GST authorities have busted a major GST evasion racket worth ₹30,000 crore across 16 states

Posted in GST |   5103 Views


New tab enabled for direct AIS access on income tax e-Filing portal

   21 June 2023 at 13:22

The Income Tax Department has introduced a new tab on the e-filing portal for accessing the Annual Information Statement (AIS).

Posted in Income Tax |   14307 Views


CBDT specifies scope of e-Appeals Scheme, 2023 in order u/s 246(6) of IT Act

   21 June 2023 at 08:47

CBDT (Central Board of Direct Taxes) has issued an order on June 16, 2023 to specify the scope of the e-Appeals Scheme, 2023 under Section 246(6) of the Income-tax Act, 1961.

Posted in Income Tax |   7506 Views



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