New Functionalities made available for Taxpayers on GST Portal (August, 2022)
Officers of CGST Bhiwandi Commissionerate in Mumbai Zone have busted a fake invoice racket involving issuance of invoices amounting to Rs 132 crore and availing/passing on Input Tax credit of Rs 23 crore.
Withdrawal facility has now been enabled on the e-filing portal, facilitating the CAs to withdraw the 15CB forms by recording appropriate reasons, therein.
Direct Tax collections up to 8th September, 2022 show that gross collections are at Rs. 6.48 lakh crore, which is 35.46% higher than the gross collections for the corresponding period of last year.
Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman chaired a meeting yesterday to discuss the various issues related to "Illegal Loan Apps" outside the regular banking channels.
DRI detects 72 hidden packets weighing 39.5 kg of suspected narcotic substance Heroin in Operation "Gear Box"The Directorate of Revenue Intelligence (DRI) along with ATS, Gujarat, detect 72 hidden packets weighing 39.5 kg of powder in bags,
The Income Tax Department carried out a search & seizure action on 25.08.2022 on two groups engaged in the business of sand mining, sugar manufacturing, road construction, healthcare, running of medical college etc.
In pursuance of Regulation 22 of the Chartered Accountants Regulations, 1988, the Council of the Institute of Chartered Accountants of India is pleased to announce that the next CA Foundation Examination will be held on the dates and places
E-way bills, or electronic way bills, reflected a growth of 19 percent this year after their generation reached an all-time high of 78.21 million in August.
Officers of CGST Mumbai South Commissionerate have busted a fake GST invoice racket, which was used to pass on fake GST Input Tax Credit (ITC) of Rs. 27.80 crore on invoices of Rs 142 Crore