CAclubindia News


CBDT issued clarification on Form 3CA-3CD, 3CB-3CD to avoid errors in form filing and verification

   28 September 2022 at 13:51

Clarification on Form 3CA-3CD, 3CB-3CD to avoid errors in form filing and verification

Posted in Income Tax |   10245 Views


FM Sitharaman sets a new three-point governing principle for income tax department

   28 September 2022 at 10:05

Finance minister Nirmala Sitharaman on Tuesday urged the income tax department to assess tax returns and process tax refunds even faster and redress pending grievances of assessees as she set a new three-point governing principle for the tax department

Posted in Income Tax |   2520 Views


Punjab Cabinet gave approval for amending state GST law

   28 September 2022 at 08:33

The Punjab Cabinet on Monday gave the approval to amend the Punjab Goods and Services Tax Act, 2017, to enable ease of doing business in the state and facilitating the taxpayers.

Posted in GST  1 comments |   3894 Views


MCA mandates companies to round off figures appearing in Financial Statements

   28 September 2022 at 08:33

Amendment to Schedule III to the Companies Act, 2013 vide MCA Notification GSR. 207(E) dated 24th March 2021 mandates companies to round off the figures appearing in the Financial Statements depending upon their total income

Posted in Corporate Law  2 comments |   23358 Views


FM's Awards conferred on employees of Income Tax Department

   28 September 2022 at 08:33

The awards were presented to the officers and officials who have contributed to promoting excellence in the field of Direct Taxation by their innovative ideas and special efforts as well as commitment to duty.

Posted in Income Tax |   1464 Views


SC to hear plea challenging ICAI rule of limiting number of tax audits by Chartered Accountants per year

   27 September 2022 at 08:35

A Division Bench of the Supreme Court comprising Justice Sanjiv Khanna and Justice J.K Maheshwari heard a plea challenging a rule issued by the ICAI that bars the members from accepting more than a "specified number of tax audit assignments"

Posted in Professional Resource |   10158 Views


Timeline for filing of modified returns in Form ITR-A u/s 170A extended till 31st March 2023

   27 September 2022 at 08:35

CBDT has issued Order vide F. No. 370142/41/2022-TPL dated September 26, 2022 extends the timeline for filing of modified ITR in Form ITR-A by a successor company u/s 170A from September 30, 2022 to March 31, 2023.

Posted in Income Tax |   5841 Views


GST collections in September may touch Rs. 1.5 lakh crore

   27 September 2022 at 08:35

Goods and Services Tax (GST) collections in September, reflecting actual business transactions for the previous month, may come close to the Rs. 1.50 lakh crore mark with a record 78.21 million e-way bills being generated in the month of August

Posted in GST |   3063 Views


FM to review performance of Credit and other Welfare Schemes for Scheduled Castes in PSBs

   27 September 2022 at 08:35

Union Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman will review performance of Credit and other Welfare Schemes for Scheduled Castes in Public Sector Banks here.

Posted in Others |   1518 Views


CGST Mumbai Zone busts case of non-payment of GST and fraud ITC availment

   26 September 2022 at 08:28

The Bhiwandi Commissionerate of Central Goods and Service Tax (CGST) on Saturday busted a case of non payment of GST and fraudulent availment of ITC that amounted to Rs 78 crore.

Posted in GST |   2478 Views