CAclubindia News

Teacher Falls Victim to PAN Card Update Scam, Loses Rs 3.82 Lakh

27 October 2023 at 08:50

A 36-year-old preschool teacher in Mira Road lost over ₹3.82 lakhs to cybercrooks who posed as bank officials.

Posted in Income Tax | 6324 Views

Police Conduct Raid on GST Inspector's Quarters with Magistrate's Warrant

26 October 2023 at 08:40

Standoff Over Gold Smuggling Investigation Escalates: Police Raid GST Inspector's House Amid Legal Controversy

Posted in GST | 8439 Views

ICAI Implements UDIN Archiving to Optimize Server Load

26 October 2023 at 08:39

It has been decided to archive UDINs after one year of their generation to ease off the load on the servers.

Posted in Professional Resource | 6243 Views

GST Officials Issues Rs 1 Lakh Crore Tax Notices to Online Gaming Companies

25 October 2023 at 13:20

In a significant development, the GST authorities in India have initiated a sweeping crackdown on the online gaming industry, with show cause notices amounting to an astounding Rs 1 lakh crore issued to various companies for alleged tax evasion.

Posted in GST | 4911 Views

Bombay HC Admits Petitions Challenging GST Demand of Rs 11K Crore for Casino Operations

25 October 2023 at 08:31

In a significant legal development, the Bombay High Court at Goa has admitted three petitions challenging a show-cause notice issued by the Director of Revenue Intelligence, which seeks a whopping GST amount of Rs 11,139 crore

Posted in GST | 4818 Views

Uttarakhand GST Dept Nabs Mastermind Behind Rs 18 Crore Tax Evasion Scheme

25 October 2023 at 08:30

In a major breakthrough, the Uttarakhand GST Department has apprehended Shahnawaz Hussain, the mastermind behind an alleged tax evasion scheme, resulting in losses of more than Rs 18 crore on a Rs 100-crore turnover.

Posted in GST | 2259 Views

Condonation of Delay for Form No. 10-IC Filing in AY 2021-22 u/s 119(2)(b)

24 October 2023 at 08:11

CBDT issued Circular No. 19/2023 dated October 23, 2023 regarding the condonation of delay under section 119(2)(b) of the Income-tax Act, 1961 in filing of Form No. 10-IC for the Assessment Year 2021-22.

Posted in Income Tax | 5376 Views

Massive Rs 22 Crore Mobile Phone Tax Evasion Scheme Unearthed in Gujarat

24 October 2023 at 08:10

State GST Department Exposes Rs 22 Crore Tax Evasion Scheme Involving Mobile Phone Dealers Across Gujarat

Posted in GST | 3795 Views

Income Tax Department Exposes Rs 1200 Crore Tax Evasion Scheme Involving Jagathrakshakan and Saveetha Groups

24 October 2023 at 08:09

Massive Income Tax Raids Reveal Staggering Financial Irregularities Linked to DMK MP S Jagathrakshakan and Saveetha Educational Group

Posted in Income Tax | 4443 Views

CGST Commissionerate Busts Rs 263 Crore Counterfeit GST Invoice Scam

24 October 2023 at 08:07

Officers of CGST Mumbai South Commissionerate have busted a fake GST invoice racket of Invoice value of Rs. 263 Crores involving fake GST Input Tax Credit (ITC)

Posted in GST | 1 comments | 3369 Views