By: AdminMay 09, 2024Categories: Finance Commission4 Min Read The Sixteenth Finance Commission (XVIFC) invites suggestions/views from general public, interested organisations and individuals on the terms of reference for the XVIFC…
Don’t use threats, coercion during search and seizure for recovering GST: SC tells Centre
By: AdminMay 09, 2024Categories: GST Recent News4 Min Read The Supreme Court on Wednesday directed the Centre to not use "threat and coercion" during search and seizure operations against traders…
E-way bill generation dipped to 9.66 crore in April 2024
By: AdminMay 08, 2024Categories: GST Recent News4 Min Read After recording all-time high number in March, e-way bill generation dipped to 9.66 crore in April. This could have some impact…
MCA DIR-3 KYC Error and Resolution
By: AdminMay 08, 2024Categories: MCA|Important News4 Min Read Several professionals have encountered an error during the DIR-3 KYC process related to DSC association. Thankfully, the MCA Helpdesk has provided a…
CBIC; Amendments to the All Industry Rates of Duty Drawback effective from May 03, 2024
By: AdminMay 08, 2024Categories: CBIC|Notification And Circular>Customs4 Min Read The CBIC issued Circular No. 04/2024 dated May 07, 2024 regarding the amendments to the All Industry Rates of Duty Drawback…
Stricter disclosures by trusts likely, govt mulls changes in Income Tax Act
By: AdminMay 08, 2024Categories: Income Tax|Income Tax News4 Min Read The government is planning to amend the Income Tax Act to comply with the FATF (Financial Action Task Force) guidelines…
ITAT Mumbai: Redemption of unlisted NCDs will not result in cap gains, but interest income
By: AdminMay 08, 2024Categories: Income Tax|Income Tax News4 Min Read The Mumbai bench of the Income-tax Appellate Tribunal (ITAT) recently ruled that the difference between the proceeds received from redeeming…
Over 800,000 income tax returns filed so far for AY 24-25
By: AdminMay 08, 2024Categories: Income Tax|Income Tax News4 Min Read Over 800,000 income tax returns have already been filed for Assessment Year 2024-25 since the Central Board of Direct Taxes…
Income Tax Department Demands Rs 143 Crore Tax Payment from Candidates Associated with Shiv Sena’s Shinde Faction
By: AdminMay 08, 2024Categories: Income Tax|Income Tax News4 Min Read The Income Tax department has issued a demand of Rs 143 crore to Yamini Jadhav, a legislator from the Shiv…
ASG mentions GamesKraft & batch GST matters before CJI bench, seeks listing on July 15, 2024
By: AdminMay 08, 2024Categories: GST Recent News4 Min Read Additional Solicitor General (ASG) yesterday mentioned the GamesKraft GST matter before a three judge bench headed by the Chief Justice and…