CAclubindia News


SC: Employers to deposit Employees Contribution of EPF/ESI to avail deductions u/s 36(1)(va) and 43B of IT Act

   14 October 2022 at 08:44

The Supreme Court observed that employers have to deposit the employee's contribution towards EPF/ESI on or before the due date for availing deduction under Sections 36(1)(va) and 43B of the Income Tax Act, 1961.

Posted in Income Tax |   16431 Views


Karnataka overtakes Gujarat to take the second place in H1 GST collections

   13 October 2022 at 08:38

Karnataka has overtaken Gujarat in items and companies tax collections within the first six months of this fiscal 12 months, taking the second place behind Maharashtra amongst states.

Posted in GST  1 comments |   4101 Views


Delhi HC rules against tax on income from FDRs until ownership is proved

   13 October 2022 at 08:38

The Delhi High Court has held that income tax cannot be levied on the interest income from fixed deposits till the ownership is determined by the arbitral tribunal.

Posted in Income Tax  2 comments |   4764 Views


ACB Gujarat nabbed GST officer, CA & other middlemen in a bribe case

   12 October 2022 at 08:28

Anti Corruption Bureau (ACB) Gujarat has booked the state tax officer of the State Tax department in Ahmedabad along with two middlemen including one Chartered Accountant (CA) in a bribe case involving the sum of Rs 35 thousand.

Posted in GST  1 comments |   8097 Views


E-invoices must for businesses with over Rs. 5 crore turnover a year

   11 October 2022 at 14:10

Businesses with annual turnover of over Rs. 5 crore will have to move to e-invoicing under goods and services tax (GST) from January 1. The GST Network has asked its technology providers to make the portal ready to handle the increased capacity by De

Posted in GST |   20166 Views


CBDT notifies Income-tax (Thirty-Third Amendment) Rules, 2022

   11 October 2022 at 08:44

CBDT makes rules further to amend the Income-tax Rules, 1962

Posted in Income Tax |   8652 Views


ICAI organizes International Research Awards 2022

   11 October 2022 at 08:44

The International Research Awards aims to recognizes the research community across the globe and their contribution in fostering innovation and value creation. ..

Posted in Professional Resource |   3987 Views


ICAI releases 3rd edition of IFRS for SMEs Accounting Standard

   11 October 2022 at 08:44

Exposure Draft of the third edition of the IFRS for SMEs Accounting Standard issued by the IASB.

Posted in Accounts |   6300 Views


FM Sitharaman to attend IMF, World Bank annual meetings in US

   11 October 2022 at 08:44

Union Finance Minister Smt. Nirmala Sitharaman to embark late tonight on official visit to USA to attend Annual Meetings of the IMF-World Bank from 11th to 16th October 2022Union Finance Minister to participate also in G20 Finance Ministers & Cen

Posted in Others |   2001 Views


Exporters seek GST exemption on freight

   10 October 2022 at 08:48

Indian exporters have urged the government to extend the rupee payment mechanism to more countries, and restore the 18% goods and services tax (GST) exemption on export freight amid the World Trade Organization (WTO)'s forecast hinting at a sharp

Posted in GST |   2565 Views