CAclubindia News


Real Estate Developers Urge 18% GST Amendment on Corporate Guarantees in Representation to FM

   27 December 2023 at 09:24

Real estate developers have reportedly approached Finance Minister Nirmala Sitharaman, urging amendments to the recent circular imposing an 18% Goods and Services Tax (GST) on corporate guarantees

Posted in GST |   2133 Views


IT Dept uses fine-tooth comb to nab both employers & employees for TDS claims mismatch

   27 December 2023 at 09:23

In a bid to ensure accurate tax compliance, the Income Tax department is intensifying its efforts to reconcile discrepancies between the tax deducted at source (TDS) by companies and the declarations made by employees in their annual I-T returns.

Posted in Income Tax |   12012 Views


Assam GST Dept Adopts IIT Big Data Software for Automated DRC-01 Notices

   27 December 2023 at 09:22

The Assam GST Department issued Instruction No. 13/2023-GST dated December 26, 2023, regarding notices issued based on IIT Big Data Software.

Posted in GST |   3336 Views


Taxpayers Likely to File Revised GST Returns Starting April 2025

   26 December 2023 at 10:43

The Government is reportedly considering permitting the filing of updated or revised returns under the GST.

Posted in GST |   3792 Views


State Taxes Department Triumphs with Rs 3.16 Crore Recovery in GST Penalties

   26 December 2023 at 09:07

Deputy Commissioner Ranjeet Singh Leads Kathua's Enforcement Wing to a 73% Surge in Revenue, Collects Rs 3.16 Crore in Penalties

Posted in GST |   2082 Views


Thane Resident Faces Rs 23 Lakh GST Notice as Scammers Use Stolen KYC in Elaborate Job Scam

   26 December 2023 at 09:07

Thane Resident Falls Victim to Elaborate Job Scam, Faces Rs 23 Lakh GST Default Notice

Posted in GST |   2265 Views


TVS Electronics Faces Rs 17 Crore GST Hit as Assessment Order Triggers Financial Concerns

   26 December 2023 at 09:06

TVS Electronics Faces Rs 17.04 Crore GST Litigation, Responds with Detailed Rebuttal

Posted in GST |   2763 Views


Vedanta's Subsidiary, BALCO Faces Rs 84 Crore GST Demand Notice

   25 December 2023 at 09:24

Vedanta Limited reported that its subsidiary, Bharat Aluminium Company Limited (BALCO), has been served with a Goods and Services Tax (GST) demand notice amounting to Rs 84 crore.

Posted in GST |   5658 Views


Income Tax Department Emphasizes Adherence to Conduct Rules Amidst Vigilance Exercise

   25 December 2023 at 09:21

Income Tax Department has reiterated its commitment to maintaining the highest standards of ethical conduct among its officers and officials.

Posted in Income Tax |   3714 Views


CBDT Unveils Updated E-Brochures for Informed Income Tax Practices

   25 December 2023 at 09:20

Central Board of Direct Taxes (CBDT), operating under the Department of Revenue, Ministry of Finance, has recently released a set of updated E-Brochures under the Income Tax domain.

Posted in Income Tax |   6609 Views



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