CAclubindia News

GST Revenue Hits Record Rs 1,57,090 Crore in May 2023, achieving 12% YoY Growth

03 June 2023 at 08:54

₹1,57,090 crore gross GST revenue collected for May 2023; clocks 12% Year-on-Year growth

Posted in GST | 4296 Views

ICAI President emphasizes embracing technology for competitive edge

01 June 2023 at 11:50

Let the current challenging conditions serve as a catalyst for our profession's growth, rather than a deterrent. It is imperative for both the Institute and its members to adapt and innovate in order to navigate the emerging realities successfully.

Posted in Professional Resource | 6705 Views

CBDT amends IT rules for Section 80G Provisional Approval

01 June 2023 at 08:56

The Income-tax (7th Amendment) Rules, 2023 were notified by the Central Board of Direct Taxes (CBDT) on May 30, 2023. The rules make amendments to the Income-tax Rules, 1962.

Posted in Income Tax | 15543 Views

E-Way Bill System equips Enrolled Transporters and Taxpayers with New Features

01 June 2023 at 08:55

E-Way bill System is provisioned with the following new features for the Enrolled Transporters, Common Enrolled Taxpayers

Posted in GST | 6678 Views

ITR-2 Form Now Available Online with Automated Pre-Filled Data

01 June 2023 at 08:54

Income Tax Return Form of ITR-2 is enabled to file through Online mode with prefilled data at the portal. T

Posted in Income Tax | 5388 Views

CBDT implements e-Appeals Scheme 2023 to ease caseload burden

31 May 2023 at 08:58

CBDT has notified the E-Appeals Scheme, 2023 to ease the caseload of the Income-tax Appellate Tribunal (ITAT). The scheme will allow taxpayers to file appeals electronically, which is expected to reduce the time and cost of filing an appeal.

Posted in Income Tax | 7224 Views

CBDT amends Rules 45/46A and Form 35 to enable filing before JCIT(A)

31 May 2023 at 08:57

CBDT has amended the Income-tax Rules, 1962 to enable the filing of an appeal before the Joint Commissioner (Appeals) (JCIT(A)). The amendments were made in Rules 45 and 46A, and Form 35.

Posted in Income Tax | 6915 Views

Govt unveils Vivad se Vishwas II Scheme for Pending Contract Disputes

31 May 2023 at 08:56

Ministry of Finance has issued Office Memorandum vide No.F.1/7/2022-PPD dated May 29, 2023 has decided to implement a one-time settlement scheme called "Vivad se Vishwas II (Contractual Disputes)"

Posted in Income Tax | 6225 Views