CAclubindia News


PIB Fact Check Exposes Fake Income Tax Notice Requiring Payment for Audited Balance Sheets

   12 February 2024 at 09:17

A recent tweet by PIB Fact Check has brought to light a deceptive notice circulating on social media platforms, purportedly issued in the name of @IncomeTaxIndia.

Posted in Income Tax |   6978 Views


Beware of Fake GST Summons, Verify Authenticity with CBIC Tools

   12 February 2024 at 09:16

Caution against fraudsters sending fake and fraudulent Summons for GST violations

Posted in GST |   8181 Views


RBI Clarifies: Paytm App Unaffected, Only Payments Bank Under Scrutiny

   12 February 2024 at 09:16

In a press conference on Thursday, the Reserve Bank of India (RBI) clarified that its recent directive concerns Paytm Payments Bank and not the Paytm app itself.

Posted in Community & General |   4803 Views


CGST Recovers Rs 1.25 Crore GST from 10 Garment Traders in Indore

   12 February 2024 at 09:15

In a significant move against tax evasion, the Central Goods and Service Tax Department (CGST) has successfully recovered ₹1.25 crore from 10 readymade garments traders in the city of Indore.

Posted in GST |   2952 Views


Centre Owes Gujarat Rs 1,600 Crore in GST Returns

   12 February 2024 at 09:15

In a recent development in the Gujarat State Assembly, Finance Minister Kanu Desai disclosed that the state has been pursuing over ₹1,500 crore in Goods and Services Tax (GST) returns from the central government.

Posted in GST |   2370 Views


Rajasthan GST Department Introduces Amnesty Scheme 2024

   10 February 2024 at 16:40

The Rajasthan GST Department has recently introduced the Amnesty Scheme 2024 through Notification No. F.12(7)FD/TAX/2024-72, dated February 08, 2024.

Posted in GST |   4182 Views


Income Tax Department Set to Issue Rs 25,000 Crore Tax Notices to Insurers Over Alleged Evasion

   10 February 2024 at 16:39

The Income Tax Department is set to send demand notices totaling Rs 25,000 crore to several insurance companies by the end of March.

Posted in Income Tax |   15150 Views


ICAI's Annual Function Sparkles with Hon'ble Speaker Shri Om Birla's Inauguration, Draws 1500 Members

   10 February 2024 at 16:42

ICAI's Annual Function inaugurated by Chief Guest Shri Om Birla, Hon'ble Speaker, Lok Sabha Attended by 1500 Members

Posted in Professional Resource |   3744 Views


GST Rate Rationalization Expected After Lok Sabha Polls, Says FinMin Official

   10 February 2024 at 09:30

A senior official from the Finance Ministry has disclosed that any substantial changes in the Goods and Services Tax (GST) rates are likely to be postponed until after the upcoming Lok Sabha elections

Posted in GST |   3252 Views


Taxpayers on Notice: CBDT Chairman Targets Non-filers for Income Tax Returns

   10 February 2024 at 09:30

The Income Tax Department in India, under the leadership of Nitin Gupta, Chairman of the CBDT, is gearing up to issue notices to individuals who have failed to file tax returns despite having taxes deducted at the source from their incomes

Posted in Income Tax |   6981 Views



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