Income Tax Department conducts searches on prominent business groups in Maharashtra
The Income Tax Department carried out a search & seizure action on August 25, 2022 on two groups engaged in […]
Press Release, Press Release
Press Release, Press Release
Direct Tax Collections for F.Y. 2022-23 up to September 08, 2022
The provisional figures of Direct Tax collections up to September 08, 2022 continue to register steady growth. Direct Tax collections
News
Income Tax raids across India to curb bogus political donations
The Income Tax department on Wednesday carried out raids across several states on entities allegedly involved in bogus political donations.
Press Release, Press Release
Finance Minister Smt. Nirmala Sitharaman chairs meeting on “Illegal Loan Apps”
Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman chaired a meeting on September 08, 2022 to discuss the
GST Recent News
Flavoured milk’s a drink, will be taxed, says AAAR ruling
Flavoured milk is not milk; it is in fact a drink that has milk as an ingredient, the Appellate Authority
Important News
Withdrawal functionality of 15CB Forms now enabled at the e-filing portal
A large extent of pendency for the updation of 15 CB forms at the e-filing portal may be attributed to
Important Pronouncements
No penalty shall be imposed on any person without giving him the opportunity of being heard
The Hon’ble Delhi High Court in Nirmal Kumar Mahaveer Kumar v. Commissioner of Central Goods and Services Tax and Another
Notification And Circular, Notification and Circular
CBIC issued Important guidelines for filing/revising TRAN-1/TRAN-2
The CBIC vide Circular No.180/12/2022-GST dated September 09, 2022 has issued guidelines for filing/revising TRAN-1/TRAN-2 in terms of order dated
GST Recent News
CBIC chief favours swift tax probes, modern approach to tax collection
The Central Board of Indirect Taxes and Customs (CBIC) will try to complete all tax investigations within a year to
Notification And Circular, Notification and Circular
DGFT amends the Export policy of broken rice from Free to Prohibited
The DGFT vide Notification No. 31/2015-2020 dated September 08, 2022 amends the Export policy of broken rice from Free to