By: AdminJune 29, 2024Categories: GST Recent News4 Min Read The Court of the Enquiry Commissioner and Special Judge has ordered the Vigilance special cell to conduct further investigation into the…
134% Increase in GST Taxpayers Over 7 years
By: AdminJune 29, 2024Categories: GST Recent News4 Min Read Since its implementation seven years ago, the goods and services tax (GST) has seen a significant 134% increase in new taxpayers.…
MCA to Launch 3rd Set of Company Forms, Including MSME, BEN-2, MGT-6, IEPF-1, and IEPF-1A on V3 Portal on July 15, 2024
By: AdminJune 29, 2024Categories: MCA|Important News4 Min Read The Ministry of Corporate Affairs (MCA) is launching the third set of Company Forms, which includes MSME, BEN-2, MGT-6, IEPF-1, IEPF-1A, IEPF-2,…
Raid in Kerala hotels and restaurants exposes Rs 7 Cr tax revenue loss
By: AdminJune 29, 2024Categories: GST Recent News4 Min Read A recent raid by the GST department on hotels and restaurants in Kerala has exposed tax evasion in sales worth Rs…
MNC arms to pay GST as per transaction value quoted by parents
By: AdminJune 29, 2024Categories: GST Recent News4 Min Read The Central Board of Indirect Taxes and Customs (CBIC) on Thursday clarified that if an MNC subsidiary in India as service…
Good news for ITR Filers; You can now file tax audits with Aadhaar OTP, no digital signature required
By: AdminJune 29, 2024Categories: Important News|Income Tax News4 Min Read The Income Tax Department has introduced a new verification method for tax audit forms, allowing taxpayers to use Aadhaar OTP…
No GST on Esops from foreign parent companies, says CBIC
By: AdminJune 29, 2024Categories: GST Recent News4 Min Read Esops given by foreign companies to employees of its Indian subsidiary at prevailing market value will not attract GST, the CBIC…
Gujarat Sees Shutdown of 4.05 Lakh Businesses Following GST Implementation
By: AdminJune 29, 2024Categories: GST Recent News4 Min Read The Goods and Services Tax (GST) system, intended to streamline taxes and enhance business efficiency, has seen a significant impact in…
CBDT Allows Delayed Tax Payments Under DTVsV Act Until February 28, 2022; Manual Form Processing Deadline Set for September 30, 2024
By: AdminJune 28, 2024Categories: CBDT Notification|Notification And Circular4 Min Read The CBDT issued Order vide F.No.173/03/2021-ITA-I(Pt.2) dated June 27, 2024 under section 10 of the Direct Tax Vivad se Vishwas…
ITR filing 2023-24: Keep this list of crucial documents at hand while filing income tax returns
By: AdminJune 28, 2024Categories: Income Tax|Income Tax News4 Min Read July 31 – the due date for filing income tax returns for the financial year 2023-24 – is now just…