Audit regulator NFRA slaps Rs 50 lakh penalty on chartered accountant for lapses
The National Financial Reporting Authority (NFRA) has slapped a penalty of Rs 50 lakh, one of the highest in recent […]
News
GST Law, Important Pronouncements
New Update on Section 16(4) of the CGST Act: Input Tax Credit (ITC) denial for belated return-filing challenged; Supreme Court issues notice
The Hon’ble Supreme Court of India heard the case of Mrityunjay Kumar v. Union of India [SLP (C) No. 28270
CBIC, GST Law, Notification and Circular, Notification And Circular
GSTR-9 and GSTR-9C for FY 2022-23 extended till January 10, 2024, for Flood-Hit Districts in Tamil Nadu
The CBIC vide Notification No. 02/2024 – Central Tax dated January 05, 2024 has extended the due date for filing
Income Tax, News
Supreme Court stays Delhi HC’s ruling on DIN-less Income Tax assessments
The Supreme Court on Wednesday stayed an order prescribing an assessment without DIN (Document Identification Number) as invalid. Earlier, Delhi
YouTube Video
🚨 #MUSTWatch 🔰 Important video on: “Taxpayer entitled to refund of amount deposited due to coercion during search proceedings” || CA (Adv) Bimal Jain
🔰Important video on: “Taxpayer entitled to refund of amount deposited due to coercion during search proceedings” || CA (Adv) Bimal
GST Recent News
Government eyes tech shield against GST Input Tax Credit fraud
The government is considering more intense technology-based advance risk profiling to pre-empt input tax credit (ITC) frauds and block suspected
GST Law, Important News
Important Update: New HSN Code Requirements for E-Way Bills effective Feb 1, 2024: 6 Digits for AATO > Rs. 5 Crores, 4 Digits for AATO < Rs. 5 Crores
The E-Way Bill System has issued an Advisory dated January 05, 2024 stating that the New HSN Code Requirements for
GST Recent News
Why are so many companies getting GST notices; Know Here
On the New Year day, Life Insurance Corporation of India (LIC) got a demand notice of about Rs 806 crore
DGFT, Notification And Circular, Notification and Circular
DGFT amends Import Policy for Screws: Changes from “Free” to “Prohibited,” Except for CIF Value of Rs. 129/- or Above per Kg
The DGFT vide Notification No. 55/2023 dated January 3, 2024, has notified the amendments to the Import Policy and Policy
GST Recent News
CEAT gets GST demand, penalties of over INR 19 cr
Tyre maker CEAT Ltd on Wednesday said it has received GST demand and penalties totalling over INR 19 crore from tax authorities in Maharashtra