CAclubindia News

CBDT Directs Self-Reporting Organizations to Submit High-Value Transaction Details of FY23 by 30th June

19 April 2024 at 08:58

In a recent development, the Central Board of Direct Taxes (CBDT) has issued a directive to Self-Reporting Organizations (SROs) urging them to furnish comprehensive details of high-value transactions conducted during the fiscal year 2022-23.

Posted in Income Tax | 4992 Views

RBI Issues Key Facts Statement (KFS) for Loans & Advances

19 April 2024 at 08:54

Key Facts Statement (KFS) for Loans & Advances

Posted in Community & General | 786 Views

Pune-Based Chartered Accountant Duped of Rs 3.4 Crore in Stock Trading Cyber Fraud

18 April 2024 at 17:08

A Pune-based Chartered Accountant was ensnared in a sophisticated cyber scam, suffering a devastating loss of Rs 3.4 crore to online fraudsters.

Posted in Community & General | 855 Views

ICAI Releases Specimen Copies of Answer Books & Attendance Register for May 2024 CA Exams

18 April 2024 at 08:54

The Institute of Chartered Accountants of India (ICAI) has unveiled the specimen copies of answer books and the attendance register for the upcoming May 2024 CA examinations.

Posted in Students | 6237 Views

Vedanta faces Rs. 27.97 crore GST Penalty Order

18 April 2024 at 08:53

In a recent development, mining conglomerate Vedanta Ltd disclosed on Tuesday, April 16, that it has been slapped with a hefty Goods and Services Tax (GST) penalty amounting to ₹27.97 crore.

Posted in GST | 1146 Views

Apollo Tyres Faces Rs 2.06 Crore Tax Demand and GST Penalty

18 April 2024 at 08:52

Apollo Tyres Ltd disclosed that it has been served with a tax demand and penalty amounting to Rs 2.06 crore by the GST authority in Tamil Nadu. The issue mainly revolves around the company's utilization of ITC and other related matters.

Posted in GST | 741 Views

Admit Card for CA Intermediate/Final May 2024 Exams Released

17 April 2024 at 11:09

The Institute of Chartered Accountants of India (ICAI) released admit card for May 2024 CA Final and Intermediate Exams on April 17, 2024. Candidates can download their admit cards from the official website of ICAI at https://eservices.icai.org/.

Posted in Students | 10851 Views

ITR-1, ITR-2, ITR-4 & ITR-6 for AY 2024-25 Enabled For Offline/Online mode at e-filing portal

17 April 2024 at 08:53

ITR-1, ITR-2, ITR-4 & ITR-6 for AY 2024-25 are enabled for filing in Offline as well as Online mode at e-filing portal. Excel utilities of ITR-1, ITR-2 & ITR-4 for AY 2024-25 are available under 'Downloads' button at e-filing portal.

Posted in Income Tax | 657 Views

Finance Ministry Proposes Enhanced KYC Procedure To Combat Cyber Scams

17 April 2024 at 08:52

In a proactive move aimed at curbing incidents like the BoB World app scam and other financial frauds, the finance ministry is advocating for a robust KYC procedure and rigorous due diligence by banks and financial institutions.

Posted in Community & General | 405 Views

CBDT signs record number of 125 Advance Pricing Agreements (APAs) in FY 2023-24

17 April 2024 at 08:48

The Central Board of Direct Taxes (CBDT) has entered into a record 125 Advance Pricing Agreements (APAs) in FY 2023-24 with Indian taxpayers. This includes 86 Unilateral APAs (UAPAs) and 39 Bilateral APAs (BAPAs).

Posted in Income Tax | 2196 Views