CAclubindia News

CBDT enabled e-filing of ITR-U for AY 2020-21 and AY 2021-22 using Excel utility for ITR 7

11 August 2022 at 16:48

E-filing of Updated ITR u/s 139(8A) has also been enabled for ITR 7 for AY 2020-21 and AY 2021-22 using Excel utility.

Posted in Income Tax | 2505 Views

Income tax payers cannot join Atal Pension Yojana scheme from 1st Oct

11 August 2022 at 11:39

In the changed Atal Pension Yojana rules, an income tax payer will not be eligible to open Atal Pension Yojana account from 1st October 2022.

Posted in Income Tax | 2 comments | 7284 Views

CBDT inserts Rule 17AA notifying books & other documents to be maintained by different institutions

11 August 2022 at 08:49

The Central Board of Direct Taxes (CBDT) on August 10, 2022, issued Income-tax (24th Amendment) Rules, 2022 to further amend the Income-tax Rules, 1962.

Posted in Audit | 1 comments | 8448 Views

Centre releases two installments of tax devolution to states

11 August 2022 at 08:25

Government releases two instalments of tax devolution to State Governments amounting to Rs 1,16,665.75 crore as against normal monthly devolution of Rs. 58,332.86 crore

Posted in Others | 1536 Views

IT Dept conducts searches in Madhya Pradesh & Mumbai seizing a large number of incriminating documentary and digital evidences

11 August 2022 at 08:25

The Income Tax Department carried out a search operation on 14.07.2022 on a group engaged in the business of mining, sugar manufacturing and liquor.

Posted in Income Tax | 1176 Views

Pass percentage of CA Foundation June 2022 Exams

10 August 2022 at 10:36

The details of percentage of candidates passed in the CA Foundation June 2022 Exams

Posted in Students | 9864 Views

June 2022 CA Foundation results declared

10 August 2022 at 09:49

Results of the Chartered Accountants Foundation Examination held in June 2022 declared today.

Posted in Students | 5490 Views

Banks approach CBDT seeking clarity on new TDS norm

09 August 2022 at 15:40

Banks have approached the Central Board of Direct Taxes (CBDT) for clarity on the scope of Section 194R of the Income Tax Act, as they fear the newly introduced provision will force them to deduct a 10% tax at source on incentives

Posted in Income Tax | 2733 Views

GST authority arrests 4 in separate cases of tax evasion

09 August 2022 at 08:43

The Goods and Services Tax (GST) authority arrested four people last week in separate cases of tax evasion worth ₹52 crore and ₹78 crore as part of its drive against fake invoices, a Union finance ministry spokesperson said on Monday.

Posted in GST | 6039 Views

1,00,255 claims paid amounting to Rs. 1,990.57 crore under PMSBY