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Delhi businessman arrested in GST Fraud Case, Claimed ITC through 35 fake companies

   13 April 2024 at 07:30

On Wednesday, the Sector 20 police arrested Tushar Gupta, a multimillionaire and resident of Tilak Nagar in Delhi, who runs a packaging factory in north-west Delhi.

Posted in GST |   1203 Views


ICICI Prudential Faces Rs 20.50 Crore GST Demand for FY 2019

   12 April 2024 at 08:49

ICICI Prudential Life Insurance Company Ltd (ICICI Pru) disclosed on Tuesday, April 9, 2024, that it has been served with a Goods and Services Tax (GST) demand order amounting to Rs 20.50 crore for the financial year 2018-19.

Posted in GST  1 comments |   2052 Views


GSTR-1 Filing Due Date Extended till 12th April 2024

   12 April 2024 at 08:48

GSTN has recommended to CBIC that the due date for filing of GSTR-1 for the monthly taxpayers be extended by a day ie till 12/4/24.

Posted in GST |   5004 Views


Expert Panel For Addressing Queries Related To Statutory Audit Pertaining To Auditing Aspects

   11 April 2024 at 14:09

ICAI being the world's largest accounting body and regulator and developer of accountancy profession in India has always partnered in Nation Building and provided services for economic development of the country.

Posted in Audit |   426 Views


Fake GST Bills Worth Rs 13 Crore Generated Using Trader's ID

   11 April 2024 at 09:05

In a startling revelation, it has come to light that two individuals allegedly exploited the GST registration ID and password of a scrap trader to fabricate invoices amounting to a staggering Rs 12.77 crore.

Posted in GST |   558 Views


CBIC Extends Deadline for New Manufacturing Procedure Implementation to 15th May 2024

   11 April 2024 at 09:04

The Central Board of Indirect Taxes and Customs (CBIC) has issued Notification No. 08/2024, extending the timeline for the implementation of Notification No. 04/2024.

Posted in GST |   693 Views


Income Tax Department Sets April 30 Deadline for Pending Refunds Approval

   10 April 2024 at 08:59

In a significant relief for taxpayers awaiting their income tax refunds, the Income Tax Department has announced a deadline of April 30 for the approval of pending refunds.

Posted in Income Tax |   5895 Views


CBDT Directs Officers to Identify Top 30 TDS Shortfall Cases by 30th June

   10 April 2024 at 08:58

In a recent directive from the Central Board of Direct Taxes (CBDT), income tax officers have been mandated to scrutinize the top 30 cases of short payment concerning tax deducted at source (TDS).

Posted in Income Tax  1 comments |   5094 Views


GSTN Advisory: Auto-populate the HSN-wise summary from e-Invoices into Table 12 of GSTR-1

   10 April 2024 at 08:57

GSTN is pleased to inform that a new feature to auto-populates the HSN-wise summary from e-Invoices into Table 12 of GSTR-1 is now available on the GST portal. ..

Posted in GST |   630 Views


ICAI Invites Contribution to Question Bank in respect of Self-Paced Online Module Examinations (Set-C & Set-D)

   10 April 2024 at 08:57

Invitation for contribution to Question Bank in respect of Self-paced Online Module Examinations (Set-C & Set-D)

Posted in Students |   384 Views



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