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…
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…
Delhi HC rules in favour of solar power sector in customs duty case
By: AdminMay 08, 2024Categories: CBIC|News4 Min Read In what should be a major relief for the solar power sector, the Delhi High Court on Monday (May 6) quashed show cause…
Govt mulls relief on retrospective GST on e-gaming
By: AdminMay 08, 2024Categories: GST Recent News4 Min Read The government is considering granting relief to the online gaming industry by exempting them from paying the Goods and Services Tax…
Now GST payments can be made through 27 banks; GSTN added Dhanlaxmi Bank
By: AdminMay 07, 2024Categories: GST Portal Updates|Important News4 Min Read The Goods and Services Tax Network (“GSTN”) has added a new Dhanlaxmi Bank Limited on the GST Portal, bringing the…
Delhi HC issues notice where SCN is adjudicated upon after 11 years
By: AdminMay 07, 2024Categories: Important Pronouncements4 Min Read The Hon’ble Delhi High Court heard the case of M/s. Payworld Digital Services Private Limited [W.P. (C) 5881/2024] (“the Petitioner”) on April…
Chhattisgarh Man Arrested For GST Fraud Worth ₹ 71 Crore
By: AdminMay 07, 2024Categories: GST Recent News4 Min Read A man was arrested in Raipur in Chhattisgarh on Saturday for allegedly evading GST through bogus input tax credits worth ₹…