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ICAI Raises 11 Concerns on Mass GST SCN for FY 2017-18 in September 2023

   18 October 2023 at 14:55

ICAI Highlights 11 Key Concerns in Response to Mass GST Show Cause Notices for FY 2017-18 Issued in September 2023

Posted in GST |   22641 Views


Godrej Properties Affected as Subsidiary Grapples with Rs 48.31 Crore GST Demand

   18 October 2023 at 14:43

In early trade on October 16, Godrej Properties witnessed a marginal drop in its shares as its subsidiary, Godrej Redevelopers (Mumbai) Private Limited (GRMPL), grappled with GST demand and penalty notices.At 9:22 am, the company's stock was trad

Posted in GST |   2226 Views


ITR Refund Processing Deadline Extended to January 31, 2024 for AY 2017-18

   18 October 2023 at 09:14

The Central Board of Direct Taxes (CBDT) has extended the time limit for processing validly filed income tax returns (ITRs) up to assessment year (AY) 2017-18 with refund claims until January 31, 2024.

Posted in Income Tax |   9036 Views


Dabur India Faces Tax Notice of Rs 320.6 Crore Under CGST Act

   18 October 2023 at 09:12

Dabur India, one of the country's leading consumer goods companies, has received a tax notice under Section 74(5) of the Central Goods and Services Tax (CGST) Act, 2017.

Posted in GST |   5523 Views


CBDT Grants IFSC Units Form 15CA Exemption and Introduces Form 15CD for Quarterly Reporting

   18 October 2023 at 09:11

CBDT vide Notification No. 89/2023 dated October 16, 2023 has amended Rule 37BB of the Income Tax Rules, 1962 to exempt IFSC units from furnishing Part D of Form 15CA for non-taxable remittances.

Posted in Income Tax |   3414 Views


GSTN | Online Money Gaming & OIDAR Service Providers - Register with Forms GST REG-10 and GSTR-5A

   18 October 2023 at 09:10

Advisory: Person supplying of Online Money Gaming services or OIDAR or Both– Form GST REG-10 and Form GSTR-5A

Posted in GST |   4083 Views


ICAI Convocation Nov 2023: Members to Receive Certificates in Multiple Cities

   18 October 2023 at 09:09

The next ICAI Convocation will be held at following Cities as per dates mentioned, for Members who are enrolled during the period from 1st May 2023 to 20th October 2023.

Posted in Professional Resource |   3831 Views


Massive Rs 20 Crore GST Fraud Unearthed in Ahmedabad

   17 October 2023 at 08:42

In a significant development, the Ahmedabad zonal unit of the Directorate General of GST Intelligence (DGGI) recently uncovered a case involving tax evasion of a staggering Rs 20 crore through fraudulent activities in the chewing tobacco business.

Posted in GST |   3906 Views


ITRs Nearly Double in Nine Years, Signifying Remarkable Growth

   17 October 2023 at 08:41

74.6 Million PIT Returns Filed in FY23, Showcasing Remarkable Growth Since FY15

Posted in Income Tax |   3783 Views


Delta Corp Receives Rs 6,384 Crore GST Shortfall Notices Amid Ongoing Dispute

   16 October 2023 at 08:31

Delta Corp, the prominent casino chain operator, has been hit with fresh notices alleging a GST payment shortfall amounting to ₹6,384 crore, as disclosed in a regulatory filing on October 14.

Posted in GST |   7755 Views



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