Income Tax Department conducts searches on Sonu Sood and others
The Income Tax Department conducted a search and seizure operation at various premises of a prominent actor in Mumbai and…
Category: News
CBI awards 3-year jail to a CA in graft case
Convict Suman Kumar had pleaded that he is not a previous convict and is facing the agony of criminal trial…
GST Council nominated Fitment Committee has rejected several proposals of rate change
CNBC-TV18 has vide its recent tweet has intimated that as per sources the GST Council-nominated Fitment Committee has rejected several…
DGGI arrests 3 persons, including a CA in fake ITC fraud of 121 crore
The Directorate General of GST Intelligence (DGGI) Gurugram Zonal Unit (GZU), Haryana has arrested 3 persons including a CA on…
CBDT refunds over ₹70,120 cr between 1st April to 6th September
In a tweet, Income tax India said, the Income-tax refunds of ₹16,753 crore have been issued in 24,70,612 cases & corporate…
Income Tax Department conducts searches in Punjab and Haryana
The Income Tax Department conducted search and seizure operations on 08.09.2021 on three prominent Commission agent groups based in Punjab,…
GST authorities send out more notices, industries claim harassment
Industries have raised red flags over fresh notices being issued denying input tax credit (ITC), alleging wrongful claims, in turn…
Special drive for cancellation of bogus / non-existent firms
With the help of data analytics and certain risk parameters the Tax Research Unit, Excise and Taxation Department identified 234…
Round vs square! The shape of papad triggers GST debate
“Pappad, by whatever name it is known, except when served for consumption,” states the GST notification The Central Board of…
Top taxpayers may get room to exit faceless assessment scheme
Recast of scheme is being discussed to bring in more flexibility into the system The Centre is looking at modifying…
2 including a CA arrested by DGGI Gurugram Unit for ITC fraud
The Directorate General of GST Intelligence (DGGI) Gurugram Zonal Unit (GZU), Haryana, has earlier busted a case wherein total fake…
Cabinet approves MoU between ICAI and Institute of Professional Accountants of Russia (IPAR)
The Union Cabinet, chaired by the Prime Minister, Shri Narendra Modi, has approved the signing Memorandum of Understanding between Institute of…