CAclubindia News


GSTN to Implement Hard Locking of Auto-Populated GSTR-3B Values by January 2025

   17 October 2024 at 15:05

In order to assist taxpayers in filing their returns and minimizing human errors, GSTN has continuously improved the GST return filing process and in this endeavor the GST Portal now provides a pre-filled GSTR-3B form

Posted in GST |   2436 Views


CBDT Unveils Form 12BAA and Revised TDS/TCS Guidelines

   17 October 2024 at 09:03

The Central Board of Direct Taxes (CBDT) has issued Notification No. 112/2024 on October 15, 2024, introducing significant modifications to the Income-tax (Eighth Amendment) Rules, 2024.

Posted in Income Tax |   4329 Views


CBDT Notifies Key Changes to Forms 10A and 10AB

   17 October 2024 at 09:00

The Central Board of Direct Taxes (CBDT) has announced significant amendments to the Income-tax Rules through Notification No. 111/2024, dated October 15, 2024.

Posted in Income Tax |   2130 Views


ITC Reversals Under Rule 37A in September GSTR-2B Due to Non-Filing of GSTR-3B by Vendors

   17 October 2024 at 08:56

Taxpayers are now seeing reversals required under Rule 37A reflected in their September GSTR-2B, showing the Input Tax Credit (ITC) that must be reversed due to the non-filing of GSTR-3B by suppliers for FY 2023-24.

Posted in GST |   11316 Views


New ITR E-Filing Portal 3.0 to Launch Soon: IT Dept Invites Suggestions

   17 October 2024 at 08:55

The Income Tax Department is gearing up to introduce a new and improved e-filing portal, as part of Project IEC 3.0, to replace the current platform (IEC 2.0). ..

Posted in Income Tax |   2181 Views


CBDT Frees 1 Lakh Sq. Ft, Earns Revenue from Scrap in Special Campaign 4.0 Cleanliness Drive

   17 October 2024 at 08:54

The Central Board of Direct Taxes (CBDT), in collaboration with the field units of the Income Tax Department, is actively implementing Special Campaign 4.0

Posted in Income Tax |   405 Views


CBIC Issues Clarification on Implementation of Section 16(5) & 16(6) of CGST Act 2017

   16 October 2024 at 09:11

The Central Board of Indirect Taxes and Customs (CBIC) has issued a significant clarification concerning the implementation of sub-section (5) and sub-section (6) of Section 16 of the Central Goods and Services Tax (CGST) Act, 2017.

Posted in GST  1 comments |   4491 Views


CBIC Issues Clarification of various doubts related to Section 128A of the CGST Act 2017

   16 October 2024 at 09:06

The Central Board of Indirect Taxes and Customs (CBIC) has issued an important clarification regarding various doubts related to Section 128A of the Central Goods and Services Tax (CGST) Act, 2017.

Posted in GST  1 comments |   2613 Views


New 'GSTN e-Services' App Launches on Play Store to Simplify GST Transaction Tracking for Traders and Businesses

   16 October 2024 at 09:05

The Goods and Services Tax Network (GSTN) has introduced a new 'GSTN e-Services' app, now available on the Play Store, aimed at simplifying tax compliance for traders, businesspersons, and merchants.

Posted in GST |   2082 Views


Income Tax Department to Verify 'High-Risk' Refund Claims for AY 2024-25 Using SOP

   16 October 2024 at 09:05

The Income Tax Department will implement a systematic process to verify 'high-risk' refund claims filed for the assessment year (AY) 2024-25, which corresponds to the financial year ending March 31, 2024.

Posted in Income Tax |   4002 Views



Popular News





CCI Pro
Meet our CAclubindia PRO Members

Follow us