CAclubindia News


MCA: Over 141K firms incorporated in FY24 so far

   20 January 2024 at 08:44

More than 141,000 companies have been incorporated in the current financial year until January 10, marking the highest number of firms registered under the Ministry of Corporate Affairs (MCA).

Posted in Corporate Law |   5610 Views


GSTN enabled Functionality to furnish Letter of Undertaking (LUT) for FY 2024-25

   19 January 2024 at 15:35

Goods and Services Tax Network (GSTN) has introduced a new functionality on the GST Portal, enabling taxpayers to submit a Letter of Undertaking (LUT) for the Financial Year 2024-2025.

Posted in GST |   17334 Views


GSTN Enhances Payment Methods for Taxpayers with Credit Cards, Debit Cards and UPI

   19 January 2024 at 15:34

In a move aimed at enhancing convenience for taxpayers, the Goods and Services Tax Network (GSTN) has issued a new advisory, dated January 19, 2023, introducing additional payment options for those registered under GST. The advisory outlines the incl

Posted in GST |   6258 Views


Finance Ministry Seeks Public Input on Draft 'Indian Stamp Bill, 2023' within a period of 30 days

   19 January 2024 at 09:12

Department of Revenue, Ministry of Finance, invites suggestions on draft 'Indian Stamp Bill, 2023' from public within a period of 30 days

Posted in Others |   2913 Views


Delhi High Court Discharges Income Tax Officer in Bribery Case, Citing Insufficient Evidence

   19 January 2024 at 09:12

The Delhi High Court has exonerated a senior income tax official who was facing graft charges lodged by the Central Bureau of Investigation (CBI).

Posted in Income Tax |   3246 Views


Income Tax Department Releases Enhanced E-filing Utility and JSON Schema for Form 10BB Audit Reports

   19 January 2024 at 09:11

The Income Tax Department has introduced an upgraded e-filing utility and JSON schema for the filing of Form 10BB Audit Reports.

Posted in Income Tax |   5319 Views


CBDT Enables Online E-filing of Form 15CD for FY 2023-24

   19 January 2024 at 09:10

The Central Board of Direct Taxes (CBDT) has announced the commencement of online filing for Form 15CD for the Financial Year 2023-24. This move aims to streamline and simplify the process for taxpayers, marking a shift towards digitization in compli

Posted in Income Tax |   6726 Views


Actor D. Sivakarthikeyan Receives Rs 12.60 Lakh Income Tax Refund After TDS Discrepancy Resolution

   18 January 2024 at 09:23

In a recent legal victory, renowned actor D. Sivakarthikeyan has successfully secured a refund of ₹12.60 lakh from the Income Tax department

Posted in Income Tax |   7716 Views


GST Portal Unveils Enhanced 'Notices and Orders' Tab for Streamlined User Experience

   18 January 2024 at 09:14

In a proactive move towards enhancing user experience, the Goods and Services Tax (GST) Portal has recently introduced a revamped design for the 'Notices and Orders' tab.

Posted in GST  1 comments |   6228 Views


Income Tax Benefits Granted To 2975 DPIIT Recognised Startups

   18 January 2024 at 09:14

In a significant update on the state of India's startup ecosystem, a senior official revealed on Monday that a total of 2,975 government-recognized startups have been granted income tax exemptions

Posted in Income Tax |   2586 Views