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Punjab Cabinet gave approval for amending state GST law
28 September 2022 at 08:33The Punjab Cabinet on Monday gave the approval to amend the Punjab Goods and Services Tax Act, 2017, to enable ease of doing business in the state and facilitating the taxpayers.
MCA mandates companies to round off figures appearing in Financial Statements
28 September 2022 at 08:33Amendment to Schedule III to the Companies Act, 2013 vide MCA Notification GSR. 207(E) dated 24th March 2021 mandates companies to round off the figures appearing in the Financial Statements depending upon their total income
FM's Awards conferred on employees of Income Tax Department
28 September 2022 at 08:33The awards were presented to the officers and officials who have contributed to promoting excellence in the field of Direct Taxation by their innovative ideas and special efforts as well as commitment to duty.
SC to hear plea challenging ICAI rule of limiting number of tax audits by Chartered Accountants per year
27 September 2022 at 08:35A Division Bench of the Supreme Court comprising Justice Sanjiv Khanna and Justice J.K Maheshwari heard a plea challenging a rule issued by the ICAI that bars the members from accepting more than a "specified number of tax audit assignments"
Timeline for filing of modified returns in Form ITR-A u/s 170A extended till 31st March 2023
27 September 2022 at 08:35CBDT has issued Order vide F. No. 370142/41/2022-TPL dated September 26, 2022 extends the timeline for filing of modified ITR in Form ITR-A by a successor company u/s 170A from September 30, 2022 to March 31, 2023.
GST collections in September may touch Rs. 1.5 lakh crore
27 September 2022 at 08:35Goods and Services Tax (GST) collections in September, reflecting actual business transactions for the previous month, may come close to the Rs. 1.50 lakh crore mark with a record 78.21 million e-way bills being generated in the month of August
FM to review performance of Credit and other Welfare Schemes for Scheduled Castes in PSBs
27 September 2022 at 08:35Union Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman will review performance of Credit and other Welfare Schemes for Scheduled Castes in Public Sector Banks here.
CGST Mumbai Zone busts case of non-payment of GST and fraud ITC availment
26 September 2022 at 08:28The Bhiwandi Commissionerate of Central Goods and Service Tax (CGST) on Saturday busted a case of non payment of GST and fraudulent availment of ITC that amounted to Rs 78 crore.
Bengaluru-based online gaming firm gets Rs 21K crore GST notice
26 September 2022 at 08:28DGGI has slapped a tax demand of Rs 21,000 crore on Bengaluru-based online gaming company Gameskraft Technology (GTPL), exposing the massive scale of tax evasion in the thriving betting and gaming industry.
CBIC clarifies on classification of cranes for GST, customs duty
24 September 2022 at 08:26Central Board of Indirect taxes and Customs (CBIC) has offered clarity on the classification of mobile machines such as all-terrain cranes and truck-mounted cranes into motor vehicles and cranes
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