CAclubindia News

GSTN included as Financial Information Provider under Account Aggregator Framework

24 November 2022 at 08:39

The Reserve Bank on Wednesday said the Goods and Services Tax Network (GSTN) has been included in the list of financial information providers under the Account Aggregator framework to facilitate cash flow-based lending to MSMEs.

Posted in GST | 6234 Views

IT Dept detects unaccounted transactions exceeding Rs. 100 crore in Bihar

23 November 2022 at 08:49

Income Tax Department initiated a Search & Seizure action on few groups engaged in the business of gold & diamond jewellery and real estate, on 17.11.2022.

Posted in Income Tax | 3639 Views

Petitioner seeks tax exemption for persons earning below Rs 8 lakh, citing EWS criteria

23 November 2022 at 08:49

Kunnur Seenivasan, a Dravida Munnetra Kazhagam (DMK) functionary, has filed a petition with the Madurai Bench of the Madras High Court on the ground of the recent Supreme Court ruling regarding the Economically Weaker Section (EWS) reservation. Seeni

Posted in Income Tax | 6222 Views

Several FPIs, AIFs get tax notice for errors in returns

22 November 2022 at 08:34

The Income Tax Department has sent notices to dozens of foreign portfolio investors (FPIs) and alternative investment funds (AIFs), flagging discrepancies in their tax returns.

Posted in Income Tax | 5499 Views

ICAI: 21st World Congress of Accountants becomes a knowledge powerhouse

21 November 2022 at 08:43

The 21st World Congress of Accountants becomes a knowledge powerhouse with discussions being held on Technology, Innovation, Entrepreneurship, Wealth Creation, Taxation

Posted in Professional Resource | 3951 Views

India on inevitable journey to be an economic superpower: Gautam Adani

21 November 2022 at 08:42

Gautam Adani highlights the accelerating growth of India towards becoming an economic super power at the World Congress of Accountants 2022

Posted in Professional Resource | 4680 Views

Two arrested for posing as GST officials, dupe persons of Rs 28 crore

21 November 2022 at 08:39

The Cyberabad Special Operations Team arrested two persons for forgery and duping 18 persons to the tune of Rs 28 crore.

Posted in GST | 6234 Views

ICAI unveils 21st World Congress of Accountants in Mumbai

19 November 2022 at 07:50

The 21st World Congress of Accountants unveils in Mumbai

Posted in Professional Resource | 5751 Views

CBI arrests superintendent of GST in bribe case

19 November 2022 at 07:50

The Central Bureau of Investigation has arrested a Superintendent of CGST in Gujarat's Gandhidham for allegedly demanding and accepting a bribe of Rs 1 lakh.

Posted in GST | 8646 Views

IT Department detects unaccounted income of more than Rs. 1300 crore in Karnataka

18 November 2022 at 15:15

Income Tax Department initiated Search & Seizure actions on 20.10.2022 and 02.11.2022 on certain individuals who had executed Joint Development Agreements (JDAs) with various real-estate developers.

Posted in Income Tax | 7347 Views