CAclubindia News


Finance Ministry Clarifies: Tax Certificate Not Mandatory for All Travelling Abroad

   30 July 2024 at 09:04

The Indian government has issued a clarification to address recent misleading reports about mandatory tax clearance for individuals travelling abroad.

Posted in Income Tax |   3804 Views


Income Tax Department Warns: Bogus Claims for Refunds are Punishable Offenses

   30 July 2024 at 09:03

Income Tax Department has issued a stern warning to taxpayers against making fraudulent claims. The department cautions that inflating expenses, under-reporting earnings is a punishable offense and may cause delays in refund issuance.

Posted in Income Tax |   4671 Views


CBIC detects Rs. 36374 crore worth of fake ITC in FY 2023-24

   30 July 2024 at 09:02

Central Tax formations under CBIC detect Rs. 36,374 crore worth of fake Input Tax credit (ITC) involving 9,190 cases in FY 2023-24

Posted in GST |   1245 Views


ICAI Issues Amendments to AS 22, Accounting for Taxes on Income

   30 July 2024 at 09:00

Considering that entities may need time to determine how to apply the principles and requirements in AS 22, Accounting for Taxes on Income (issued by the ICAI) to account for deferred taxes related to top-up tax

Posted in Income Tax |   726 Views


Pass Percentage of CA Foundation June 2024 Exams

   29 July 2024 at 19:59

Discover the pass percentage for the CA Foundation June 2024 exams.

Posted in Students |   3345 Views


CA Foundation June 2024 Results Declared

   29 July 2024 at 19:49

The Institute of Chartered Accountants of India has declared the results for the June 2024

Posted in Students |   447 Views


Govt to Unveil Revised Direct Tax Code After 6-Month Comprehensive Review: Revenue Secretary

   29 July 2024 at 09:03

The central government is yet to decide whether to introduce a new Direct Taxes Code or revamp the existing income tax law, stated Revenue Secretary Sanjay Malhotra at a recent post-Budget conference organized by Assocham in the Capital.

Posted in Income Tax |   1389 Views


Income Tax Department Releases New Offline Utility for ITR 1 to ITR 4 Filing for AY 2024-25

   29 July 2024 at 09:01

Common Offline Utility for filing Income-tax Returns ITR 1, ITR 2, ITR 3 and ITR 4 for the AY 2024-25

Posted in Income Tax |   534 Views


Gross and Net GST Revenue Collections for the month of June 2024

   29 July 2024 at 09:00

GSTN releases breakdown of Gross and Net GST Revenue Collections for the month of June 2024

Posted in GST |   525 Views


GSTN Issues Biometric Aadhaar Authentication Advisory for Uttarakhand GST Registrants

   29 July 2024 at 08:59

GSTN Releases Advisory for Biometric-Based Aadhaar Authentication and Document Verification for GST Registration Applicants of Uttarakhand

Posted in GST |   1980 Views