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GSTN issues advisory for taxpayers wishing to register as OPC in GST
Posted in GST on 21 March 2023Advisory for the taxpayer wishing to register as "One Person Company" in GSTAs per provision of section 2(62) of The Companies Act, 2013 "One Person Company" is..
IT Department sends Rs 8 crore recovery notice to a labourer in Bulandshahr
Posted in Income Tax on 21 March 2023In a shocking incident, the Income Tax department sent a notice to a labour for recovery of Rs 8 crores. The person, who is a labour by profession, is a native ..
NPS records 5,67,116 beneficiaries above age of 60 years
Posted in Corporate Law on 21 March 2023As informed by PFRDA, the number of beneficiaries above the age of 60 years, under the National Pension System (NPS) is 5,67,116...
GST officers unearthed fake invoicing racket involving tax evasion of Rs 17 crore
Posted in GST on 20 March 2023GST officers in Delhi have unearthed a fake invoicing racket involving tax evasion of Rs 17 crore and arrested two persons, the Finance Ministry said on Saturda..
GST dept to scrutinise IT, MCA data to identify entities not paying taxes
Posted in GST on 20 March 2023The GST department will soon begin analysing ITRs filed by businesses and professionals and also MCA filings to ascertain if the entities are adequately dischar..
GST stalemate to continue for cryptocurrencies
Posted in GST on 18 March 2023The proposed move to levy goods and services tax (GST) on cryptocurrencies is set to be delayed as consensus on the modalities has eluded officials from the cen..
CESTAT to commemorate 40 years of glorious and successful journey
Posted in Service Tax on 18 March 2023Customs, Excise and Service Tax Appellate Tribunal (CESTAT) to commemorate 40 years of glorious and successful journey..
ICAI join hands with CII as a Prime partner for B20
Posted in Professional Resource on 17 March 2023Taking forward Indias economic growth story, ICAI join hands with CII as a Prime partner for B20Key highlights The Institute of Chartered Accountants of India h..
Income Tax Department launches AIS App for Taxpayers
Posted in Income Tax on 17 March 2023The Income Tax Department has launched a Mobile app for Taxpayers to view Annual Information Statements (AIS)...
CBIC initiates investigation of insurance companies for alleged wrongful availment of ITC
Posted in GST on 17 March 2023The GST wing of the Central Board of Indirect Taxes & Customs (CBIC) is investigating over a dozen insurance companies for allegedly claiming wrongful input tax..
