CAclubindia News

Supreme Court Seeks Details on GST Notices and Arrest

04 May 2024 at 08:59

Supreme Court has directed the Centre to provide comprehensive details regarding the issuance of notices and arrests made under the provisions of GST.

Posted in GST | 1734 Views

Zomato Faces Fresh GST Demand and Penalty Order Over Rs 2 Crore

04 May 2024 at 08:59

The Goods and Services Tax (GST) authorities have issued a fresh demand and penalty order against Zomato, amounting to a staggering Rs 2,22,91,376 in GST demand.

Posted in GST | 444 Views

YES Bank Hit with GST Demand Orders, Faces Rs 6.87 Lakh Penalty

03 May 2024 at 08:51

YES Bank revealed on Wednesday that it has been slapped with two GST demand orders, totalling a penalty exceeding Rs 6.87 lakh.

Posted in GST | 444 Views

MCA Establishes Appellate Authority for Chartered Accountants, Company Secretaries and Cost Accountants

02 May 2024 at 08:47

MCA has issued Notification G.S.R. 255(E) dated April 26, 2024. This notification pertains to the establishment of the Appellate Authority for CAs, CSs and Cost Accountants.

Posted in Corporate Law | 14871 Views

ICAI Calls for Additional Information for MEF 2023-24 Applicants

02 May 2024 at 08:46

Professional Development Committee (PDC) seeks additional information in respect of MEF 2023-24 for preparation of panel for appointment / re-appointment of Statutory auditors

Posted in Professional Resource | 5508 Views

GST revenue collection for April 2024 highest ever at Rs 2.10 lakh crore

01 May 2024 at 17:21

GST collections breach landmark milestone of Rs 2 lakh crore Gross Revenue Records 12.4% y-o-y growth Net Revenue (after refunds) stood at Rs 1.92 lakh crore; 15.5% y-o-y growth

Posted in GST | 552 Views

Businessman Faces One-Year Jail Term for Bounced Cheques to Income Tax Department

01 May 2024 at 09:03

A recent verdict by a Gandhinagar court has landed Chandkheda resident Mehulkumar Barot in hot water, resulting in a one-year prison sentence.

Posted in Income Tax | 678 Views

ICAI submits Pre-Budget Memorandum to CBDT advocating Tax Reforms

01 May 2024 at 09:00

The Institute of Chartered Accountants of India (ICAI) has put forth a series of recommendations in its Pre-Budget Memorandum 2024, urging for targeted tax deductions and incentives.

Posted in Professional Resource | 1977 Views

Redefining Accountancy in the AI Era: Insights from ICAI President

01 May 2024 at 08:59

Amidst the dynamic landscape of technological advancements, Artificial Intelligence emerges as a radiant constellation, charting the course towards a future where innovation and technology intersect to redefine human potential.

Posted in Professional Resource | 2964 Views

ICAI Takes Action Against 3 EY Affiliates and Retired Partner for Professional Misconduct

30 April 2024 at 14:29

ICAI has made a decisive move, passing an order against auditing powerhouse EY's three affiliates and a retired partner, alongside disciplinary action against S V Ghatalia & Associates, LLP, and its partner for "professional misconduct."

Posted in Audit | 4650 Views