CAclubindia News


Mahindra & Mahindra Fined Over Rs 56 Lakh for GST Credit Transfer Error in Two-Wheeler Business

   29 December 2023 at 09:23

Mahindra & Mahindra Ltd has disclosed that it is facing a penalty of over Rs 56 lakh for a procedural lapse related to the transfer of Input Service Distributor (ISD) credit from the pre-GST to the GST regime.

Posted in GST |   2379 Views


CBIC Extends Time Limit for Issuance of SCN and Order Passing in Non-Fraud Cases for FY 2018-19 and 2019-20

   28 December 2023 at 21:57

CBIC has taken a proactive step by issuing Notification No. 56/2023–Central Tax on December 28, 2023. This notification aims to extend the time limit prescribed under Section 73(10) of the Central Goods and Services Tax Act, 2017 ("the CGST Act").

Posted in GST |   25662 Views


ICAI Announces Empanelment of CA Firms/LLPs for the year 2024-2025

   28 December 2023 at 15:25

Online Applications are invited from Chartered Accountant firms/LLPs who desire to be empanelled with the office of the Comptroller and Auditor General of India for the year 2024-2025

Posted in Corporate Law |   9075 Views


RBI Unveils Clarifications on Appointment Guidelines for SCAs/SAs in Banks and NBFCs

   28 December 2023 at 15:23

Clarification regarding Guidelines issued by RBI for Appointment of SCAs/SAs of Commercial Banks (Excluding RRBs), UCBs and NBFCs (including HFCs)

Posted in Community & General |   2184 Views


Delhi HC Upholds Constitutional Validity of Section 115BBE of Income Tax Act

   28 December 2023 at 14:53

In a significant verdict, the Delhi High Court, led by Acting Chief Justice Manmohan and Justice Mini Pushkarna, has upheld the constitutional validity of Section 115BBE of the Income Tax Act.

Posted in Income Tax |   2484 Views


Zomato Faces Rs 402 Crore GST SCN for Alleged Non-payment on Customer Delivery Charges

   28 December 2023 at 09:24

On December 28, Zomato Ltd, the popular online food delivery platform, revealed that it received a show cause notice (SCN) from the Goods and Services Tax (GST) office.

Posted in GST |   8616 Views


GSTN Expands Payment Options: Adds 2 New Banks, Totaling 25 for GST Transactions

   28 December 2023 at 09:21

The Goods and Services Tax Network ("GSTN") has added 2 new banks Karnataka Bank Limited and RBL Bank Limited, bringing the total number of banks accepting GST payments to 25.

Posted in GST |   2877 Views


GSTN Unveils Online Filing of Annexure-V for GTAs Opting for Forward Charge

   28 December 2023 at 09:20

The Goods and Services Tax Network (GSTN) has rolled out a highly anticipated feature, enabling the online filing of Annexure-V on the GST Portal. This feature is specifically tailored for newly registered GTAs choosing to operate under Forward Charge.

Posted in GST |   5868 Views


ICICI Lombard Receives GST Demand Notice of Over Rs 5.66 crore

   28 December 2023 at 09:17

ICICI Lombard General Insurance Company, a prominent player in the insurance sector, has encountered a significant setback as it received a demand notice for the alleged short payment of Goods and Services Tax (GST) amounting to over Rs 5.66 crore.

Posted in GST |   2514 Views


Income Tax Dept Issues Clarification on Notices Sent to Taxpayers Who Already Filed ITR

   27 December 2023 at 15:08

The Income Tax Department has released a clarification on the social media platform 'X' (formerly known as Twitter), addressing concerns and questions surrounding notices sent to individuals who have already filed their income tax returns (ITRs).

Posted in Income Tax |   8385 Views



Popular News





CCI Pro

Follow us
add to google news



Company
ARTICLESHIP 08 June 2026
Internal & Taxation Article

O P Bagla & Co LLP

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 04 June 2026
Article

Rakhecha & Co.

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 29 June 2026
Article Assistant

Alvino Consultancy LLP

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 27 June 2026
CA Articled Trainee And Paid Assistant

SKAA & Associates

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 30 June 2026
Taxation Content Writer Intern

Interactive Media Pvt Ltd.

New Delhi

CA Inter

View Details
Company
12 June 2026
Accounts & Taxation Executive

Winshine Financial Services

Mumbai

CA Inter

View Details
Company
29 June 2026
Accountant (Finance & Compliance)

TRIEYEZ

Kolkata

CA

View Details
Company
25 June 2026
Accounts & Taxation Executive

Dindukurthy & Associates

Hyderabad

MBA

View Details