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ICAI Implements UDIN Archiving to Optimize Server Load

   26 October 2023 at 08:39

It has been decided to archive UDINs after one year of their generation to ease off the load on the servers.

Posted in Professional Resource |   6306 Views


GST Officials Issues Rs 1 Lakh Crore Tax Notices to Online Gaming Companies

   25 October 2023 at 13:20

In a significant development, the GST authorities in India have initiated a sweeping crackdown on the online gaming industry, with show cause notices amounting to an astounding Rs 1 lakh crore issued to various companies for alleged tax evasion.

Posted in GST |   4977 Views


Bombay HC Admits Petitions Challenging GST Demand of Rs 11K Crore for Casino Operations

   25 October 2023 at 08:31

In a significant legal development, the Bombay High Court at Goa has admitted three petitions challenging a show-cause notice issued by the Director of Revenue Intelligence, which seeks a whopping GST amount of Rs 11,139 crore

Posted in GST |   4878 Views


Uttarakhand GST Dept Nabs Mastermind Behind Rs 18 Crore Tax Evasion Scheme

   25 October 2023 at 08:30

In a major breakthrough, the Uttarakhand GST Department has apprehended Shahnawaz Hussain, the mastermind behind an alleged tax evasion scheme, resulting in losses of more than Rs 18 crore on a Rs 100-crore turnover.

Posted in GST |   2334 Views


Condonation of Delay for Form No. 10-IC Filing in AY 2021-22 u/s 119(2)(b)

   24 October 2023 at 08:11

CBDT issued Circular No. 19/2023 dated October 23, 2023 regarding the condonation of delay under section 119(2)(b) of the Income-tax Act, 1961 in filing of Form No. 10-IC for the Assessment Year 2021-22.

Posted in Income Tax |   5436 Views


Massive Rs 22 Crore Mobile Phone Tax Evasion Scheme Unearthed in Gujarat

   24 October 2023 at 08:10

State GST Department Exposes Rs 22 Crore Tax Evasion Scheme Involving Mobile Phone Dealers Across Gujarat

Posted in GST |   3882 Views


Income Tax Department Exposes Rs 1200 Crore Tax Evasion Scheme Involving Jagathrakshakan and Saveetha Groups

   24 October 2023 at 08:09

Massive Income Tax Raids Reveal Staggering Financial Irregularities Linked to DMK MP S Jagathrakshakan and Saveetha Educational Group

Posted in Income Tax |   4500 Views


CGST Commissionerate Busts Rs 263 Crore Counterfeit GST Invoice Scam

   24 October 2023 at 08:07

Officers of CGST Mumbai South Commissionerate have busted a fake GST invoice racket of Invoice value of Rs. 263 Crores involving fake GST Input Tax Credit (ITC)

Posted in GST  1 comments |   3438 Views


Shipping Liners Face Rs 1.2 to Rs 1.5 Lakh Crore GST Evasion Allegations

   23 October 2023 at 08:01

In a notable crackdown on GST evasion, the Directorate General of GST Intelligence (DGGI) in Ahmedabad has made staggering allegations of tax evasion amounting to ₹1.2 to ₹1.5 lakh crore against shipping liners

Posted in GST |   3303 Views


Delhi High Court Directs Rs 7.12 Crore IGST Refund to Vodafone Idea

   23 October 2023 at 07:59

In a significant legal development, the Delhi High Court has ruled in favor of Vodafone Idea, directing the government and GST authorities to refund IGST (Integrated Goods and Services Tax) of Rs 7.12 crore.

Posted in GST |   5205 Views



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