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CBDT issued SOP on filing of Appeals / SLPs by IT Dept in Supreme Court and related matters

   19 December 2022 at 08:39

The CBDT vide Instruction No. 2/2022 dated December 15, 2022 has issued the Standard Operating Procedure ("SOP") on the filing of Appeals/Special Leave Petitions ("SLPs") by the Income Tax Department in the Supreme Court and related matters.

Posted in Income Tax |   8742 Views


Gross direct tax collection grows 25.90% to Rs.13.63 lakh crore for FY 2022-23

   19 December 2022 at 08:39

Gross Direct Tax collections for the Financial Year (FY) 2022-23 register a growth of 25.90%

Posted in Income Tax |   3936 Views


Key Highlights of 48th GST Council Meeting

   17 December 2022 at 08:17

Finance Minister Nirmala Sitharaman will chair the 48th GST Council meeting virtually today. The Federal indirect tax body may consider over a dozen of changes to bring clarity to tax provisions.

Posted in GST |   25482 Views


ICAI MSME Yatra enters India Book of Records for Maximum Programmes in Maximum Cities

   17 December 2022 at 08:11

The Committee on MSME & Start-up of the Institute of Chartered Accountants of India (ICAI) entered into the INDIA BOOK OF RECORDS for covering MSME programmes in the maximum number of cities during ICAI MSME Yatra & Setu.

Posted in Professional Resource |   5574 Views


SC: IT department cannot initiate reassessment proceedings during pendency of rectification proceedings

   16 December 2022 at 11:31

The Supreme Court has held that the income tax department cannot initiate the reassessment proceedings during the pendency of the rectification proceedings.The division bench of Justice M.R. Shah and Justice C.T. Ravikumar has observed that the Punja

Posted in Income Tax |   6870 Views


ICAI notifies CPE hours requirements for block period of 3 years (1st Jan 2020 - 31st Dec 2022)

   16 December 2022 at 08:40

CPE hours requirements for the block period of 3 Years (1st Jan 2020 - 31st Dec 2022)

Posted in Professional Resource |   13074 Views


ICAI issues implementation guide to Standard on Auditing (SA) 230

   16 December 2022 at 08:33

Implementation guide to Standard on Auditing (SA) 230

Posted in Audit |   5994 Views


ICAI welcomes observations of the candidates on the question papers of CA Foundation Dec 2022 exams

   15 December 2022 at 08:29

Observations of the candidates on the question papers of CA Foundation examinations- December 2022

Posted in Students |   6183 Views


CBI arrests 9 IT officials for joining dept without exams

   15 December 2022 at 08:28

The Central Bureau of Investigation (CBI) arrested nine Income Tax (I-T) officers in Maharashtra's Nagpur for allegedly joining the department without appearing for the mandatory examination conducted by the Staff Selection Commission.

Posted in Income Tax |   6357 Views


GSTN issues advisory regarding extension of due date for furnishing form GSTR-1 for certain districts of Tamil Nadu

   14 December 2022 at 08:51

November 2022 GSTR 1 due date extended for taxpayers having principal place of business in districts of Chennai,Tiruvallur,Chengalpattu, Kancheepuram, Tiruvannamalai etc.

Posted in GST |   15438 Views



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