CAclubindia News

CBI Initiates Action Against 3 GST Officials Over Alleged Rs 22 Lakh Bribe Demand

26 March 2024 at 07:46

The Central Bureau of Investigation (CBI) has initiated legal action against two superintendents of central GST and another official over allegations of soliciting a hefty bribe amounting to Rs 22 lakh from a bullion trader. The incident, which unfol

Posted in GST | 1 comments | 1305 Views

Exporters Seek Exemption from 45-Day Payment Rule Impacting MSMEs

25 March 2024 at 07:25

The Indian export sector, representing a significant portion of the nation's economy, is facing a critical challenge due to a recent regulation mandating the clearance of outstanding invoices owed to micro and small enterprises within 45 days

Posted in Income Tax | 4074 Views

ICAI Re-opens Correction Window for May 2024 CA Exams

25 March 2024 at 07:23

In order to facilitate the examinees, who have already applied for May 2024 CA Examinations, it has been decided to re-open the online request for change in examination city, group and medium.

Posted in Students | 4557 Views

Instructions Issued for Rectification of Assessment Orders u/s 161 of DGST Act 2017 for FY 2017-18

23 March 2024 at 08:55

The Delhi Goods and Services Tax (GST) Department has recently issued significant instructions, aiming to streamline the rectification process for assessment orders under Section 161 of the DGST Act, 2017.

Posted in GST | 3921 Views

Income Tax Department issued Instructions to AOs for initiating proceedings u/s 147 of IT Act in e-Verification cases

22 March 2024 at 09:16

The Directorate of Income Tax (Systems) released e-Verification Instruction No. 2 (i) of 2024 on March 19, 2024.

Posted in Income Tax | 7542 Views

ICAI releases Mock Test Papers Series-II for CA Final & Intermediate May 2024 Exams

22 March 2024 at 09:15

The Board of Studies is commencing Mock Test Papers Series-II from April 1st, 2024 for Students appearing in CA Final/Intermediate Course for May 2024 Examinations.

Posted in Students | 1 comments | 6963 Views

RBI Directs All Agency Banks to remain open for public on 31st March

21 March 2024 at 09:04

The Government of India has made a request to keep all branches of the banks dealing with Government receipts and payments open for transactions on March 31, 2024 (Sunday)

Posted in Community & General | 1 comments | 3240 Views

IT department sets up control room in Delhi to check use of black money in polls

21 March 2024 at 09:04

Directorate of Income Tax (Investigation), Delhi, sets up 24X7 Control Room and toll-free Mobile Number 9868168682 in connection with the General Elections to Lok Sabha, 2024

Posted in Income Tax | 1 comments | 2703 Views

Gross Direct Tax collections for FY 2023-24 register a growth of 18.74%

20 March 2024 at 09:01

Advance Tax collections for the FY 2023-24 stand at Rs. 9,11,534 crore which shows a growth of 22.31%. Refunds aggregating to Rs. 3,36,808 crore issued in the current fiscal.

Posted in Income Tax | 2241 Views

CBDT Orders Opening of Income Tax Offices on March 29-31, 2024 for Pending Work Clearance

19 March 2024 at 09:06

The Central Board of Direct Taxes (CBDT) has issued an order on March 18, 2024, mandating the opening of all Income Tax Offices across India on March 29, 30, and 31, 2024.

Posted in Income Tax | 5097 Views