CAclubindia News

RBI issues Reserve Bank of India (Digital Lending) Directions, 2025

10 May 2025 at 08:47

Reserve Bank of India has from time to time issued various directions and circulars on digital lending by Regulated Entities (REs).

Posted in Others | 267 Views

ICAI Postpones CA SPOM Exams Amid Security Concerns

09 May 2025 at 11:00

In light of the prevailing tense and uncertain security situation across the country, the ICAI has announced the postponement of the Chartered Accountants Self-Paced Online Module (SPOM) Examination until further notice.

Posted in Students | 4110 Views

GSTN Eases Refund Process for Deemed Export Recipients: Chronological Filing Removed, Table Format Revised

09 May 2025 at 09:06

The Goods and Services Tax Network (GSTN) has introduced key changes for taxpayers filing refund applications under the category "On account of Refund by Recipient of deemed export."

Posted in GST | 2373 Views

CA Arrested in Rs 7.85 Crore GST ITC Fraud, 80 Fake GSTINs Unearthed

09 May 2025 at 08:45

In a major crackdown on GST fraud, the Central GST Delhi South Commissionerate has arrested a South Delhi-based Chartered Accountant for orchestrating a massive Rs 7.85 crore Input Tax Credit (ITC) scam involving circular trading and fake firms.

Posted in GST | 1 comments | 5583 Views

GSTN Simplifies Refund Filing Process for Exporters, SEZ Suppliers and Deemed Exporters

09 May 2025 at 08:33

GSTN has revamped the refund filing process under three major categories - Export of Services with payment of tax, Supplies made to SEZ Unit/SEZ Developer with payment of tax, and Refund by Supplier of Deemed Export.

Posted in GST | 3144 Views

ICAI Postpones CA May 2025 Exams Amid Security Concerns

09 May 2025 at 06:10

The Institute of Chartered Accountants of India (ICAI) has officially announced the postponement of the remaining papers of the CA Final, Intermediate, and Post Qualification Course Examinations, originally scheduled from May 9 to May 14, 2025.

Posted in Students | 13416 Views

CBDT Tightens Scrutiny of Top Advance Tax Payers to Curb Bogus Exemption Claims in FY 2025-26

08 May 2025 at 09:05

CBDT has instructed income-tax officials across the country to intensify monitoring of top advance tax payers, including both individuals and corporates, for bogus claims of exemptions and deductions.

Posted in Income Tax | 3687 Views

ICAI Celebrates Accounting Standards Day to Highlight Role of Standards in preparation of Financial Statements

08 May 2025 at 09:05

The Institute of Chartered Accountants of India (ICAI), celebrated Accounting Standards Day (AS Day) on theme Navigating the Financial Reporting Landscape.

Posted in Accounts | 339 Views

CBDT Notifies Revised ITR-V and Acknowledgement Forms for AY 2025-26

08 May 2025 at 09:04

The Central Board of Direct Taxes (CBDT), under the Ministry of Finance, has notified the Income-tax (Seventeenth Amendment) Rules, 2025 via Notification No. 45/2025 dated May 7, 2025.

Posted in Income Tax | 3 comments | 7371 Views

CBDT Notifies New ITR-6 Form for AY 2025-26

07 May 2025 at 17:31

In a significant move aimed at streamlining corporate tax filings, the Central Board of Direct Taxes (CBDT) has notified the amended ITR-6 form applicable for companies for the Assessment Year (AY) 2025-26.

Posted in Income Tax | 2298 Views