CAclubindia News

UP YouTuber's Rs 1 Crore Income Attracts Income Tax Raid

17 July 2023 at 14:57

The Income Tax Department (ITD) raided the house of a YouTuber named Taslim in Uttar Pradesh on July 15, 2023. The ITD found ₹ 24 lakh cash during the raid, along with gold jewellery and other valuables.

Posted in Income Tax | 16539 Views

ED arrests 3 individuals, including former IT Official in TDS refund fraud case

17 July 2023 at 08:46

The Enforcement Directorate (ED) has arrested three persons, including a former Income Tax (I-T) official, in connection with a Rs 263 crore Tax Deducted at Source (TDS) refund fraud.

Posted in Income Tax | 1 comments | 13830 Views

Gaming Companies and Associations Urge Centre to Re-evaluate 28% GST Rate

17 July 2023 at 08:46

Over 130 online gaming companies and industry associations have written to the Centre urging it to reconsider the 28% GST on the full face value for online gaming

Posted in GST | 8442 Views

Govt Confirms: No Extension Planned for Income Tax Return Filing Deadline

17 July 2023 at 08:45

The Ministry of Finance has said that there is no plan to extend the deadline for filing income tax returns for the financial year 2022-23. The last date for filing returns is July 31, 2023.

Posted in Income Tax | 11664 Views

Income Tax Dept Releases Excel Utility for ITR-6 Filing for AY 2023-24

15 July 2023 at 07:24

Income Tax Department released the Excel based utility for ITR-6 for Assessment Year 2023-24.

Posted in Income Tax | 7335 Views

2 Factor Authentication Deadline Extended for Taxpayers with AATO above 100 crore till 31st July 2023

15 July 2023 at 07:24

The GST E-way bill system issued an Update dated July 14, 2023 related to extended 2 Factor Authentication for all taxpayers with AATO above 100 crore till July 31, 2023.

Posted in GST | 10959 Views

FM Nirmala Sitharaman Clarifies No Income Tax Until Rs 7.27 Lakh

14 July 2023 at 14:53

Finance Minister Nirmala Sitharaman clarified on Friday, July 14, 2023, that annual income up to Rs 7.27 lakh will not be taxed. This is because the basic exemption limit for the new income tax slabs is Rs 3 lakh, and taxpayers who opt for the new ta

Posted in Income Tax | 16806 Views

Income Tax Dept Enables Filing/Re-Filing of Form 10AB on e-Filing Portal for AY 2021-22, 2022-23 & 2023-24

14 July 2023 at 08:42

The Income Tax Department (ITD) enabled the filing/re-filing of Form 10AB for Assessment Years 2021-22, 2022-23, and 2023-24 on the e-filing portal on May 24, 2023.

Posted in Income Tax | 16287 Views

Income Tax Dept Releases Offline Utility for Form 3CA-3CD and 3CB-3CD for AY 2023-24

14 July 2023 at 08:41

Income Tax Department (ITD) has issued the common offline utility for Form 3CA-3CD and 3CB-3CD for the Assessment Year 2023-24.

Posted in Income Tax | 37125 Views

Assam Govt Mandates Registered Lease Deed / Rent Agreement for GST Registration

13 July 2023 at 13:35

The Assam GST Department has issued Circular No. 01/2023 dated July 07, 2023, which mandates the furnishing of a valid rent agreement/lease deed duly registered with the Sub-Registrar or competent authority for registration under GST.

Posted in GST | 18633 Views