CAclubindia News


GST Intelligence Cracks Down on Rs 500 Crore Scam, Arrests Suspect in Kolkata

 01 March 2024 at 09:04

The diligent efforts of the Jamshedpur GST Intelligence team have culminated in a significant breakthrough with the arrest of Shiv Kumar Deora in Kolkata.

Posted in GST |   1656 Views


Finance Ministry Considers Adjustment to 45-Day Payment Rule for MSMEs

 29 February 2024 at 09:04

The Finance Ministry is deliberating over potential adjustments to a newly proposed income tax rule requiring business enterprises to settle payments to micro, small, and medium enterprises (MSMEs) within 45 days.

Posted in Income Tax |   1 comments |   17922 Views


CBI Arrests CGST Superintendent After Recovering Rs 10,000 Bribe

 29 February 2024 at 09:04

https://news.caclubindia.com/gstn-issues-advisory-on-delayed-registration-despite-successful-aadhaar-authentication-under-cgst-rules-23195.asp

Posted in GST |   1 comments |   1845 Views


GSTN Issues Advisory on Delayed Registration Despite Successful Aadhaar Authentication under CGST Rules

 29 February 2024 at 09:03

Instances of Delay in registration reported by some Taxpayers despite successful Aadhaar Authentication in accordance with Rule 8 and 9 CGST, Rules, 2017

Posted in GST |   3849 Views


ICAI Introduces 2024 Edition of Excel Utility for Bank Branch Audits

 29 February 2024 at 09:02

The Institute of Chartered Accountants of India (ICAI) has launched the latest version of the Excel Utility for Bank Branch Audits in 2024.

Posted in Audit |   8823 Views


Hyderabad YouTube Lecturer Arrested for Defrauding Chartered Accountants of Rs 2.48 Crore

 28 February 2024 at 09:11

The Hyderabad police have apprehended Srinath Rathi, a 29-year-old individual running a YouTube channel, on charges of defrauding chartered accountants to the tune of Rs 2.48 crore.

Posted in Community & General |   6168 Views


Income Tax Department Unveils User Guide for Responding to Notices under e-Verification Scheme, 2021

 28 February 2024 at 09:11

The Directorate of Income Tax (Systems) has unveiled Version 3.0.0 of the User Guide for Submitting Response to Notices and Letters Received under the e-Verification Scheme, 2021.

Posted in Income Tax |   5238 Views


RBI Issues Master Direction for Filing of Supervisory Returns

 28 February 2024 at 09:09

The Master Direction provides a broader framework to understand the purpose of the returns and harmonises the timelines for their submission.

Posted in Community & General |   1614 Views


FM Unveils 433% Surge in Capital Expenditure Alongside Strong Tax Revenue Growth

 27 February 2024 at 09:09

In a significant announcement on February 22, 2024, FM revealed that the Indian government's robust tax revenue has paved the way for substantial increases in capital expenditure and sustained investment in infrastructure development projects.

Posted in Income Tax |   1740 Views


New e-Verification Scheme-2021 Rolled Out by Income Tax Department to Address Mismatches in Taxpayer Returns

 27 February 2024 at 09:08

Income Tax Department has identified certain mismatches between third party information on interest and dividend income, and the Income Tax Return (ITR) filed by taxpayers

Posted in Income Tax |   17463 Views



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