CAclubindia News


Application for recomputation of income u/s 155 (18)

   30 September 2022 at 08:49

In exercise of the powers conferred by section 295 read with sub-section (18) of section 155 of the Income-tax Act, 1961, CBDT makes rules further to amend the Income-tax Rules, 1962

Posted in Income Tax |   5613 Views


GST fraud worth Rs 824 crore by 15 insurance companies detected

   30 September 2022 at 08:49

The Mumbai branch of the Directorate General of Goods and Services Tax (GST) Intelligence has detected tax evasion of ₹824 crore by 15 insurance companies, intermediary marketing companies and multiple non-banking finance companies.

Posted in GST |   4512 Views


Clarification in operation of Senior Citizens' Savings Scheme

   30 September 2022 at 08:49

In the operation of Senior Citizens’ Savings Scheme (SCSS), it has been noticed in few cases on the death of the account holder, operating agencies are closing the SCSS account by treating it as premature closure.

Posted in Others |   1581 Views


CGST (Second Amendment) Rules 2022 to come into force w.e.f. 1st October 2022

   29 September 2022 at 10:30

Central Govemment, on the recommendations of the Council, hereby makes rules further to amend the Central Goods and Services Tax Rules, 2017

Posted in GST |   13467 Views


CBIC extends the time limit for claiming ITC to 30th Nov

   29 September 2022 at 08:50

Central Government appoints the 1st day of October, 2022, as the date on which the provisions of sections 100 to 114, except clause (c) of section 110 and section 111, of the said Act shall come into force

Posted in GST  8 comments |   17580 Views


CBDT | Order specifying collegium - Explanation to Sec 158AB

   29 September 2022 at 08:50

Order specifying the Collegium - Explanation to section 158AB of the Income-tax Act, 1961 - reg

Posted in Income Tax |   4362 Views


Cabinet approves 4% Dearness Allowance hike for Central Govt employees

   29 September 2022 at 08:50

Cabinet approves release of additional instalment of Dearness Allowance to Central Government employees and Dearness Relief to Pensioners, due from 01.07.2022

Posted in Others |   1782 Views


Due date for filing e-form DIR-3-KYC and web-form DIR-3-KYC-WEB without fee extended upto 15th Oct

   28 September 2022 at 19:18

Extension of time for filing e-form DIR-3-KYC and web-form DIR-3-KYC-WEB without fee upto 15.10.2022.

Posted in Corporate Law  2 comments |   9906 Views


CBDT issued clarification on Form 3CA-3CD, 3CB-3CD to avoid errors in form filing and verification

   28 September 2022 at 13:51

Clarification on Form 3CA-3CD, 3CB-3CD to avoid errors in form filing and verification

Posted in Income Tax |   10254 Views


FM Sitharaman sets a new three-point governing principle for income tax department

   28 September 2022 at 10:05

Finance minister Nirmala Sitharaman on Tuesday urged the income tax department to assess tax returns and process tax refunds even faster and redress pending grievances of assessees as she set a new three-point governing principle for the tax department

Posted in Income Tax |   2562 Views