The Central Board of Direct Taxes (CBDT) has extended the time limit for processing validly filed income tax returns (ITRs) up to assessment year (AY) 2017-18 with refund claims until January 31, 2024.
Dabur India, one of the country's leading consumer goods companies, has received a tax notice under Section 74(5) of the Central Goods and Services Tax (CGST) Act, 2017.
CBDT vide Notification No. 89/2023 dated October 16, 2023 has amended Rule 37BB of the Income Tax Rules, 1962 to exempt IFSC units from furnishing Part D of Form 15CA for non-taxable remittances.
Advisory: Person supplying of Online Money Gaming services or OIDAR or Both– Form GST REG-10 and Form GSTR-5A
The next ICAI Convocation will be held at following Cities as per dates mentioned, for Members who are enrolled during the period from 1st May 2023 to 20th October 2023.
In a significant development, the Ahmedabad zonal unit of the Directorate General of GST Intelligence (DGGI) recently uncovered a case involving tax evasion of a staggering Rs 20 crore through fraudulent activities in the chewing tobacco business.
74.6 Million PIT Returns Filed in FY23, Showcasing Remarkable Growth Since FY15
Delta Corp, the prominent casino chain operator, has been hit with fresh notices alleging a GST payment shortfall amounting to ₹6,384 crore, as disclosed in a regulatory filing on October 14.
In a significant breakthrough, the Sirsa police have apprehended the mastermind behind a multi-crore Goods and Services Tax (GST) scam, identified as Padam Bansal, in a targeted operation conducted in Delhi's Dwarka area.
In a significant development, the Chartered Accountant Examinations, scheduled for November 2023 in the states of Chhattisgarh and Madhya Pradesh, have been postponed due to the upcoming Legislative Assembly Elections.