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Karnataka GST Dept implements Document Reference Number for Search and Inspection Communication

Posted in GST on 07 June 2023
The Karnataka GST Department issued Circular No. GST-02/2023-24 dated May 23, 2023 regarding the Generation and quoting of Document Reference Number ("RFN") on ..

GST Scam Alert: Farmer receives Rs. 4.9 crore notice for PAN misuse

Posted in GST on 07 June 2023
A farmer in Jaisalmer, Rajasthan, has received a show-cause notice from the Goods and Services Tax (GST) department to pay Rs 4.9 crore in dues. ..

ED's raids uncover Rs 122 Crore GST fraud in multiple cities

Posted in GST on 07 June 2023
The Enforcement Directorate (ED) on June 6 conducted searches at 25 locations in Gujarat, Maharashtra and Karnataka in connection with a Rs 122 crore GST fraud ..

ED detains Income Tax official from Ahmedabad in money laundering case

Posted in Income Tax on 06 June 2023
The Enforcement Directorate (ED) on June 5 arrested an Income Tax (I-T) official from Ahmedabad in connection with a money laundering case..

BBC acknowledges reduced tax contributions in India

Posted in Income Tax on 06 June 2023
The BBC has admitted that it paid lower taxes in India than it should have, following an investigation by the country's income tax department...

ED raids 25 locations in major GST fraud case

Posted in GST on 05 June 2023
Teams of Directorate of Enforcement (ED) carried out search operations at 25 locations on Friday in Ahmedabad, Gandhinagar, Bhavnagar, Botad, Gandhidham, Mumbai..

GST Evasion: 10 Fictitious Firms Detected, 1 arrested in Gujarat

Posted in GST on 05 June 2023
A businessman has been arrested from Ahmedabad for allegedly availing fake input tax credit (ITC) to the tune of Rs 7.22 crore after the Central Goods and Servi..

IT Department initiates FIRs against 404 individuals and CA in bogus refund cases

Posted in Income Tax on 05 June 2023
The Income Tax Department Srinagar has taken a serious view of the bogus refunds claimed by various persons in the past few years...

Noida police busts multi-crore racket exploiting PAN card data of over 635,000 individuals

Posted in Income Tax on 03 June 2023
In a breakthrough, the Noida police have successfully busted a sophisticated multicrore racket operated by a gang that used the Pan card data of approximately 6..

Delayed Refund and Loss Carry Forward Claims Granted under IT Act 1961

Posted in Income Tax on 03 June 2023
The Central Board of Direct Taxes (CBDT) has issued Circular No. 07/2023 dated May 31, 2023, regarding the condonation of delay in filing refund claim and claim..

Live GST Course on GST Input Tax Credit (ITC) by CA Bimal Jain