Ludhiana gang using counterfeit bills to avail GST returns worth ₹116 crore busted
Police busted a gang of fraudsters using counterfeit bills that dealt losses to the tune of ₹116 crore for the GST […]
GST Recent News
GST Recent News
Andhra Pradesh Police Arrest Son of Senior TDP Leader on Charges of Cheating, GST Evasion
Andhra Pradesh police arrested the former director of a private company, son of a senior TDP leader, for allegedly defrauding
News
Much Awaited News: Finance Ministry likely to postpone implementation of 45-day payment rule for MSMEs to April 2025
The Finance Ministry is contemplating a deferment of the enforcement of Rule 43B (h) under the Income Tax Act, which
IBC, ICAI, Important News
ICAI Releases Handbook for the Guidance of Insolvency Professionals on Voluntary Liquidation Process
The ICAI released a handbook in February 2024 to guide insolvency professionals on the voluntary liquidation process under the Insolvency
GST Recent News
Maharashtra Anti Corruption Bureau books Sales Tax officer, 16 traders for Rs 175.93-crore GST fraud
The Maharashtra Anti Corruption Bureau (ACB) booked a Sales Tax officer along with 16 traders for allegedly causing losses of
GST Recent News
Bihar traders offered ‘one-time settlement’ for pre-GST era tax liabilities
The NDA government in Bihar on Thursday came out with a ‘one-time settlement’ initiative for the benefit of traders with
Important Pronouncements
DGGI is not allowed to seize cash from the premises of any person
The Hon’ble Delhi High Court in the case of M/s. K.M. Food Infrastructure Pvt. Ltd. v. The Director General, DGGI
Income Tax, News
SML Isuzu faces an INR 11.56 Lakh Penalty Imposed by Income Tax Department
In accordance with the guidelines set by the Securities and Exchange Board of India (SEBI), there has been a recent
News
Supreme Court rules companies need not deduct tax for discounted SIM cards sales
The Supreme Court on Wednesday said that telecom companies need not deduct tax for selling discounted pre-paid SIM cards/recharge vouchers
News
Chartered Accountant Cheated Of ₹4.11 Crore In Investment Scam, FIR Registered Against Culprits
Kurar Police has registered an FIR against the person who cheated the complainant of Rs 4.11 crore by luring him