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7,288 kg gold seized by Customs and DRI in less than 3 years

   21 December 2021 at 17:38

Customs field formations and Directorate of Revenue Intelligence have seized 3626.85 kg during 2019-20, 1944.392 kg during 2020-21 and 1717.396 kg during 2021-22 (till November).

Posted in Custom |   1734 Views


Mumbai Based CA arrested for generating Fake Input Tax Credit

   20 December 2021 at 08:46

On 14/12/2021 (Tuesday) GST Officers of Thane commissionerate arrested Vikram Jain, a Mumbai-based CA for generating fake invoices worth more than Rs 500 crores to tune a GST of Rs 92 crores without actual receipt of goods.

Posted in GST  4 comments |   11922 Views


ICMAI Issues Notice Against Employment Fraud/Unfair Practice

   18 December 2021 at 07:14

Notice Against Employment Fraud/Unfair Practice issued by ICMAI

Posted in Professional Resource |   3252 Views


ICAI releases Exposure Draft of the Amendments in the Commercial & Industrial (C&I) Taxonomies

   18 December 2021 at 07:12

Exposure Draft of the Amendments in the Commercial & Industrial (C&I) Taxonomies- IND AS based Taxonomy & AS based Taxonomy

Posted in Professional Resource |   1329 Views


Net Direct Tax collections for the F.Y. 2021-22 grown at robust pace at more than 60%

   18 December 2021 at 07:08

The figures of Direct Tax collections for the FY 2021-22, as on 16.12.2021 show that net collections are at Rs. 9,45,276.6 crore compared to Rs. 5,87,702.9 crore 

Posted in Income Tax |   1554 Views


Delhi Customs seize outbound undeclared diamonds valued at Rs. 1.56 crore

   18 December 2021 at 07:06

The Delhi Customs on 16th December 2021 seized a consignment of diamonds being sent out of India, having 1,082 carat weight.

Posted in Custom |   1878 Views


CBDT launches the e-Verification Scheme, 2021

   17 December 2021 at 17:44

The Central Board of Direct Taxes in exercise of the powers conferred by sub-sections (1) and (2) of section 135A of the Income Tax Act, 1961 has launched the e-Verification Scheme, 2021 via Notification No. S.O. 5187(E) on 13th December 2021.

Posted in Income Tax |   5832 Views


ICSI issues Instructions to Examinees for December 2021 CS Exams

   17 December 2021 at 08:41

ICSI issues Instructions to Examinees for December 2021 CS Executive and Professional Programme Exams that are scheduled to be held from 21st Dec 2021

Posted in Students |   2253 Views


3.59 crore ITRs filed on the new e-filing portal of the IT Department

   16 December 2021 at 20:00

As on 15th December, 2021, 3.59 crore Income Tax Returns(ITRs) have been filed on the new e-filing portal of the Department.

Posted in Income Tax |   3372 Views


ICAI reopens online filling up of examination application form for CAs - (ISA-AT) scheduled on 8th January 2022

   16 December 2021 at 19:59

RE-OPENING OF ONLINE FILLING UP OF EXAMINATION APPLICATION FORMS FOR CHARTERED ACCOUNTANTS - INFORMATION SYSTEMS AUDIT, ASSESSMENT TEST, 8th JANUARY 2022

Posted in Students |   1470 Views



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