CAclubindia News


GST department busts fake invoice racket of Rs. 31 crore in Chennai

   20 October 2022 at 08:40

The Chennai Outer Commissionerate of GST and Central Excise department has claimed busting of a fake invoice racket by arresting a suspect on charges of cheating to the tune of Rs 31 crore.

Posted in GST  2 comments |   4101 Views


SC: Educational trusts can claim income tax exemption only if sole objective is education

   20 October 2022 at 08:40

The Supreme Court held that educational trust or societies, which seek exemption under Section 10 (23C) of Income Tax Act, should solely be concerned with education, or education related activities.

Posted in Income Tax |   6747 Views


Finance Ministry released Rs 1,764 crore to 4 States for providing grants to Million Plus Urban Cities

   20 October 2022 at 08:40

Grant of Rs. 1,764 crore released to States for Million Plus Cities/Urban Agglomerations Total grant of Rs. 4,761.8 crore released to Urban Local Bodies (ULBs) so far in 2022-23

Posted in Others |   1809 Views


SC urged GST Council & State Govts to consider pleas on full reimbursement of erstwhile excise exemptions

   19 October 2022 at 08:35

The Supreme Court has urged the GST Council and State governments to consider a plea for reimbursement of taxes paid by industrial houses having plants in hilly States such as Uttarakhand and Himachal Pradesh and the North-Eastern States.

Posted in GST |   3924 Views


ICAI releases Mock Test Papers Series-I for CA Foundation Dec 2022 Exams

   19 October 2022 at 08:35

Mock Test Papers Series – I for December 2022 CA Examination Board of Studies of ICAI is commencing Mock Test Papers Series-I from November 1st, 2022 for students appearing in CA foundation for December 2022 examination.

Posted in Students |   6447 Views


ICAI | Admit cards for CA Nov 2022 exams to be sent by mail

   18 October 2022 at 11:33

The admit card on SSP portal is unavailable for the download for the November 2022 examination. Instead the ICAI is mailing the admit cards to all students who have enrolled for the November 2022 exams.

Posted in Students  1 comments |   9735 Views


Gujarat GST department nabs 'mastermind', recovers Rs 60 crore

   18 October 2022 at 08:30

The Gujarat Goods and Service Tax (GST) department arrested one person from Bhavnagar who it claimed to be the "mastermind" in a bogus billing scam worth Rs 700 crore.

Posted in GST |   5679 Views


PM dedicates 75 Digital Banking Units across 75 districts to the nation

   17 October 2022 at 08:34

The Prime Minister, Shri Narendra Modi dedicated 75 Digital Banking Units (DBU) across 75 districts to the nation via video conferencing.

Posted in Others |   1821 Views


Income Tax officials raid RS Brothers in Hyderabad

   15 October 2022 at 07:30

Income Tax department officials conducted raids on RS Brothers stores located at different places in Hyderabad on Friday. Raids were conducted at RS Brothers showrooms at Ameerpet, Chandanagar, Dilsukhnagar, Kukatpally, Mehadipatnam, Patny, Suchitra,

Posted in Income Tax |   3435 Views


Anti-Evasion Team of Faridabad CGST officials bust racket of illegal fire-crackers

   15 October 2022 at 07:30

The Anti-Evasion Branch, CGST Commissionerate Faridabad, Panchkula CGST Zone, received an information that M/s R. P. Enterprises having its registered principal place of business

Posted in GST |   3729 Views