CAclubindia News


GSTN enabled functionality for geocoding the principal place of business address

   25 February 2023 at 08:44

GSTN is pleased to inform the taxpayers that the functionality for geocoding the principal place of business address is now available on the GST Portal

Posted in GST |   8226 Views


GSTN onboarded 4 new IRPs for reporting e-invoices

   25 February 2023 at 08:42

GSTN has onboarded four new IRPs (Invoice Reporting Portals) for reporting e-invoices in addition to NIC-IRP

Posted in GST |   8943 Views


Income Tax: Dissemination of High-Risk transaction and High-Risk Non-PAN Transaction cases on Verification module of Insight portal

   24 February 2023 at 08:39

Dissemination of High-Risk transaction and High-Risk Non-PAN Transaction cases on Verification module of Insight portal.

Posted in Income Tax |   10599 Views


CBI searches 2 GST officials over 1 crore bribe demand

   24 February 2023 at 08:37

The CBI conducted searches at the premises of a deputy director and a senior Intelligence officer of the Central GST and a private person in the city and Pune on Tuesday in a case of Rs 1 crore bribe demand.

Posted in GST |   6264 Views


Amendment in Audit Report Format of Trust (Form No.10B) & Rule 16CC & 17B

   23 February 2023 at 08:45

The CBDT has notified the Income-tax (3rd Amendment) Rules, 2023, to amend  IT Rules 16CC/17B and Forms 10B/10BB which shall be effective as of 01/04/2023, vide Income Tax Notification 7/2023.

Posted in Income Tax |   13821 Views


Due date for filing of 45 company e-Forms, PAS-03 and SPICE+PartA in MCA-21 V3 extended till 31st March 2023

   22 February 2023 at 08:39

MCA vide General Circular No. 04/2023 dated February 21, 2023 extended the time for filing of 45 company e-Forms and PAS-03 in MCA 21 Version 3.0 without additional fees till March 31, 2023.

Posted in Corporate Law |   14337 Views


IT department searches Uflex offices across 64 locations

   22 February 2023 at 08:36

The income-tax department on Tuesday conducted searches at 64 locations related to packaging company Uflex across the country, including its Noida office.

Posted in Income Tax |   6168 Views


Clarification: Composition taxpayers cannot issue taxable invoice or collect GST from customers and claim ITC

   21 February 2023 at 08:40

As per the GST law, a person registered as a composition taxpayer cannot issue a taxable invoice and can neither collect GST from his customers nor can claim the input tax credit on his purchases.

Posted in GST |   8424 Views


RBI will take action as required to keep inflation within expected limits: FM Nirmala Sitharaman

   21 February 2023 at 08:39

The Reserve Bank of India will take necessary steps to manage inflation within "expected limits,' Finance Minister Nirmala Sitharaman said at a post-budget industry event in Jaipur on Monday.

Posted in Others |   2427 Views


CBDT released new Income Tax Calculator for Old Regime vis-à-vis New Regime as proposed by Finance Bill, 2023

   20 February 2023 at 08:40

CBDT released the Tax Calculator regarding the Old Regime vis-à-vis New Regime for Individual/ HUF/ AOP/ BOI/ Artificial Juridical Person (AJP) as per section 115BAC as proposed by Finance Bill, 2023.

Posted in Income Tax |   16248 Views