CAclubindia News
Commercial Tax Department Tightens Vigilance on Fake GST Credit Claims
16 January 2025 at 08:50In response to the increasing cases of fake GST credit claims, the commercial tax department has introduced proactive measures to curb fraud at its roots.
Income Tax Department Cracks Down on Tax Evasion in Educational Institutions
16 January 2025 at 08:50The Income Tax Department has intensified its crackdown on tax evasion within the education sector, conducting nationwide surveys targeting schools suspected of financial irregularities.
GSTAT Setup Delayed: Tribunals May Take Another Six Months to Become Operational
16 January 2025 at 08:49According to a report, the much-awaited Goods and Services Tax Appellate Tribunals (GSTAT) might not be functional until mid-2025, as delays in state-level appointments and infrastructure allocation persist.
CBDT Approves Central Power Research Institute for Tax Benefits under Income Tax Act, 1961
16 January 2025 at 08:49In a significant move, the Central Government has granted approval to the Central Power Research Institute (CPRI), Bengaluru, under the category of "Research Association" for "Scientific Research" as per Section 35(1)(ii) of the Income Tax Act, 1961.
GST Appeal Withdrawal Process Simplified: Key Update for Waiver Scheme Applicants
15 January 2025 at 08:05One of the eligible conditions for filing application under waiver scheme is to withdraw the appeal applications filed against the demand order/notice/statement for which waiver application is to be submitted.
Net Direct Tax Collections Jump 15.88% to Rs 16.90 Lakh Crore in FY 2024-25
15 January 2025 at 07:58According to the latest data, net direct tax collections, after refunds, have increased by 15.88%, reaching ₹16,89,928 crore.
ICAI Announces Requirements for Applying for May 2025 CA Final Exams
15 January 2025 at 07:58The Institute of Chartered Accountants of India (ICAI) has released comprehensive guidelines for candidates planning to appear in the May 2025 CA exams.
ICAI unveiled its first-of-its-kind Advanced Flagship Program on Family Enterprises: A Game Changer Initiative
15 January 2025 at 07:58The Institute of Chartered Accountants of India (ICAI) today started its first batch of Advanced Flagship Program, Empowering Trusted Advisors – Unlocking the Potential of Family Enterprises.
Generation Date for Draft GSTR-2B for Dec 2024 Revised to 16th Jan 2025
15 January 2025 at 07:58In line with the recent extensions in due dates for filing GSTR-1 and GSTR-3B returns for Dec 2024, as notified under Notifications No. 01/2025 and 02/2025 issued on January 10, 2025, the generation of the Draft GSTR-2B for Dec 2024 has been rescheduled.
CBIC Amends Guidelines on Arrest and Bail Under CGST Act, 2017
14 January 2025 at 08:02The Central Board of Indirect Taxes and Customs (CBIC) has issued Instruction No. 01/2025-GST, amending previous guidelines for arrest and bail in offences punishable under the CGST Act, 2017.
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Certification Course on GSTR-3B Reconciliation with GSTR-2B through Chat GPT
CA Deepak Gupta26 April 2025
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