CAclubindia News

Gujarat GST department nabs 'mastermind', recovers Rs 60 crore

18 October 2022 at 08:30

The Gujarat Goods and Service Tax (GST) department arrested one person from Bhavnagar who it claimed to be the "mastermind" in a bogus billing scam worth Rs 700 crore.

Posted in GST | 5715 Views

PM dedicates 75 Digital Banking Units across 75 districts to the nation

17 October 2022 at 08:34

The Prime Minister, Shri Narendra Modi dedicated 75 Digital Banking Units (DBU) across 75 districts to the nation via video conferencing.

Posted in Others | 1857 Views

Anti-Evasion Team of Faridabad CGST officials bust racket of illegal fire-crackers

15 October 2022 at 07:30

The Anti-Evasion Branch, CGST Commissionerate Faridabad, Panchkula CGST Zone, received an information that M/s R. P. Enterprises having its registered principal place of business

Posted in GST | 3759 Views

Income Tax officials raid RS Brothers in Hyderabad

15 October 2022 at 07:30

Income Tax department officials conducted raids on RS Brothers stores located at different places in Hyderabad on Friday. Raids were conducted at RS Brothers showrooms at Ameerpet, Chandanagar, Dilsukhnagar, Kukatpally, Mehadipatnam, Patny, Suchitra,

Posted in Income Tax | 3441 Views

E-way bills shot up to a record high of over 84 million in Sept 2022

14 October 2022 at 14:03

Electronic permits for transporting goods within and across states (e-way bills) shot up to a record high of over 84 million in September, signalling a strong boost to economic activity in the festive season.

Posted in GST | 4389 Views

Packaged parathas, unlike chapatis, to attract 18% GST: Gujarat AAAR

14 October 2022 at 08:44

The Gujarat Appellate Authority for Advance Ruling (GAAAR) upheld the order by the GAAR in an application filed by Vadilal Industries.

Posted in GST | 1 comments | 3891 Views

SC: Employers to deposit Employees Contribution of EPF/ESI to avail deductions u/s 36(1)(va) and 43B of IT Act

14 October 2022 at 08:44

The Supreme Court observed that employers have to deposit the employee's contribution towards EPF/ESI on or before the due date for availing deduction under Sections 36(1)(va) and 43B of the Income Tax Act, 1961.

Posted in Income Tax | 16509 Views

Karnataka overtakes Gujarat to take the second place in H1 GST collections

13 October 2022 at 08:38

Karnataka has overtaken Gujarat in items and companies tax collections within the first six months of this fiscal 12 months, taking the second place behind Maharashtra amongst states.

Posted in GST | 1 comments | 4134 Views

Delhi HC rules against tax on income from FDRs until ownership is proved

13 October 2022 at 08:38

The Delhi High Court has held that income tax cannot be levied on the interest income from fixed deposits till the ownership is determined by the arbitral tribunal.

Posted in Income Tax | 2 comments | 4797 Views

ACB Gujarat nabbed GST officer, CA & other middlemen in a bribe case

12 October 2022 at 08:28

Anti Corruption Bureau (ACB) Gujarat has booked the state tax officer of the State Tax department in Ahmedabad along with two middlemen including one Chartered Accountant (CA) in a bribe case involving the sum of Rs 35 thousand.

Posted in GST | 1 comments | 8130 Views