By: AdminApril 18, 2024Categories: Income Tax News|News4 Min Read In December, just before the advance tax deadline, the income-tax department sent out over 44 lakh letters to taxpayers regarding missing…
CGST Raipur Busts Network of 13 Fake Firms, Unveiling Rs 6.94 Crore Tax Evasion
By: AdminApril 18, 2024Categories: Press Release4 Min Read Based on an specific intelligence, data analysis and extensive surveillance a network of 13 fake firms created with sole purpose of generating…
Challenges Faced by MSEs in the Chemical Industry due to New 45-days payment rule
By: AdminApril 18, 2024Categories: MSME |News4 Min Read Micro and small enterprises (MSEs) within the chemicals sector are facing a decline in orders due to the enforcement of Section 45B(H)…
CBIC Alert: Ensure GSTN and DGFT Linkage Before ICEGATE Registration
By: AdminApril 18, 2024Categories: CBIC|GST Law| Important News4 Min Read The Central Board of Indirect Taxes and Customs (CBIC) issues an alert on ‘X’ states that before registering on the…
Traders File Petition in SC against Income Tax Penalty Clause on MSME Credit to Buyers: Reports
By: AdminApril 18, 2024Categories: MSME|News4 Min Read The Federation of All India Vyapar Mandal has filed a petition in the Supreme Court against Section 43B(H) of the Income Tax (I-T)…
Major GST relief for foreign airlines, shipping lines on cards after elections
By: AdminApril 18, 2024Categories: GST Recent News4 Min Read The government is working on easing the 'related party transaction’ clause under the Goods and Services Tax, for foreign companies in…
Telangana High Court Petition: R&B Officials Contest GST Commissionerate’s Account Freeze Order
By: AdminApril 18, 2024Categories: GST Recent News4 Min Read Officials from the Roads and Buildings (R&B) department in Vikarabad district have taken their case to the Telangana High Court, contesting…
PIL challenging provisions of 101st Constitutional Amendment Act relating to GST dismissed
By: AdminApril 17, 2024Categories: Important Pronouncements4 Min Read The Hon’ble Patna High Court dismissed the PIL filed in the case of Amit Pandey v. Union of India [CJWC No. 7483…
Apollo Tyres Gets Rs 2.06 Crore GST Penalty
By: AdminApril 17, 2024Categories: GST Recent News4 Min Read Apollo Tyres Ltd on Tuesday said it has received tax demand and penalty of Rs 2.06 crore from GST authority in…
GST scores big for sports goods makers in West UP; pharma feels the pain
By: AdminApril 17, 2024Categories: GST Recent News4 Min Read The view of Sharma is shared by the owners of other micro, small, and medium enterprises (MSMEs) dealing with sports goods…