CAclubindia News

SC to hear plea challenging ICAI rule of limiting number of tax audits by Chartered Accountants per year

27 September 2022 at 08:35

A 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"

Posted in Professional Resource | 10215 Views

Timeline for filing of modified returns in Form ITR-A u/s 170A extended till 31st March 2023

27 September 2022 at 08:35

CBDT 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.

Posted in Income Tax | 5856 Views

GST collections in September may touch Rs. 1.5 lakh crore

27 September 2022 at 08:35

Goods 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

Posted in GST | 3072 Views

FM to review performance of Credit and other Welfare Schemes for Scheduled Castes in PSBs

27 September 2022 at 08:35

Union Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman will review performance of Credit and other Welfare Schemes for Scheduled Castes in Public Sector Banks here.

Posted in Others | 1518 Views

CGST Mumbai Zone busts case of non-payment of GST and fraud ITC availment

26 September 2022 at 08:28

The 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.

Posted in GST | 2511 Views

Bengaluru-based online gaming firm gets Rs 21K crore GST notice

26 September 2022 at 08:28

DGGI 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.

Posted in GST | 5961 Views

CBIC clarifies on classification of cranes for GST, customs duty

24 September 2022 at 08:26

Central 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

Posted in GST | 7986 Views

ICAI invites suggestions for Pre-Budget Memorandum 2023

23 September 2022 at 17:21

The Direct Taxes Committee, GST & Indirect Taxes Committee and Committee on International Taxation of ICAI are in the process of identifying issues for inclusion in the Pre-Budget Memoranda - 2023

Posted in Union Budget | 2553 Views

Rajasthan Assembly passes GST amendment bill

23 September 2022 at 08:35

The Rajasthan Assembly on Thursday passed the Rajasthan Goods and Services Tax (Amendment) Bill, 2022, which proposes that the registration of companies would not be cancelled even if they fail to file the return for six months.

Posted in GST | 5421 Views