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ICAI decisions on ill- treatment of CAs by GST investigating authorities

May 21, 2022 30006 Views 2 comments Print

Decision taken by ICAI Central Council after deliberations on the matter related to recent arrest of Chartered Accountants & other instances of ill- treatment of CAs by investigating authorities in Council Meeting held on 20th May 2022. The Institute of Chartered Accountants of India 20th May 2022 The matter related to recent arrest of Chartered […]

Empanelment of Maharashtra CA Firms with MAHAFPC

May 21, 2022 1554 Views 0 comment Print

Maha Farmers Producer Company Limited (MAHAFPC), invites applications from eligible practicing firms of Chartered Accountants having Branch/Head office in Maharashtra, in the prescribed format as per RFP, who are willing to have their firms empanelled for ‘Verification of Farmers Documents, Quantity & Payment Reconciliation and Verification & Certification of Claims submitted by Member FPC’s’ for specified FPC’s for FY 2022-23 […]

CBI books 5 for bribery to facilitate visa to Chinese company

May 20, 2022 912 Views 0 comment Print

Central Bureau of Investigation CBI Registers A Case Against Five Accused On Certain Allegations Including Bribery To Facilitate Issuance Of Visa To A Chinese Company Beyond Ceiling; Searches Being Conducted At Around Ten Locations The Central Bureau of Investigation has registered a case against five accused including private persons based at Chennai, Mumbai; private companies […]

Fraudulent ITC availment of 160 crore- DGGI Gurugram arrests one person

May 19, 2022 8763 Views 0 comment Print

The Directorate General of GST Intelligence (DGGI) Gurugram Zonal Unit (GZU), Haryana has detected a case wherein total ITC of more than Rs 160 crore has been utilized and passed on by network of nonexistent & fake firms in tandem with various existing entities / merchants / wholesalers.

Circular on use of functionality under section 206AB & 206CCA

May 17, 2022 14460 Views 0 comment Print

The provision of higher TDS under section 206AB is not applicable on tax to be deducted under sections 194-1A, 194-IB and 194M. This is in addition to already existing provision of its non-applicabilily on tax to be deducted under sections 192, 192A, 194B, 194BB, 194LBC and 194N.

Due date of payment of tax for April 2022 extended under QRMP scheme

May 17, 2022 19812 Views 0 comment Print

CBIC extends due date of payment of tax for the month of April, 2022 by taxpayers under QRMP scheme in FORM GST PMT-06  till 27th May, 2022

Extension of due date of filing FORM GSTR3B for April 2022

May 17, 2022 54474 Views 1 comment Print

CBIC Extends due date of filing FORM GSTR3B for the month of April 2022 till the 24th day of May, 2022

Request to use EVC option to verify ITR

May 14, 2022 1473 Views 0 comment Print

Our database shows that, you have verified your E-filed Income Tax Returns, by sending signed physical copy of the ITR-V to CPC, Bengaluru. We would like to inform you about simplified electronic verification (EVC) process which is more secure, instant and hassle free. You may instantly E-verify the ITR, using any of the following options: […]

RBI appoints Dr. Sitikantha Pattanaik & Dr. Rajiv Ranjan as new Executive Directors

May 13, 2022 1491 Views 0 comment Print

 Reserve Bank of India RBI appoints Dr. Rajiv Ranjan as new Executive Director The Reserve Bank of India (RBI) has appointed Dr. Rajiv Ranjan as Executive Director (ED) with effect from May 01, 2022. Prior to being promoted as ED, Dr. Ranjan was serving as Adviser-in-Charge of Monetary Policy Department and Secretary to the Monetary […]

GSTN clarification on Incomplete GSTR-2B for April 2022

May 13, 2022 80958 Views 7 comments Print

It has been noticed that in a few cases, certain records are not reflected in GSTR-2B statement for the period of April 2022. However, such records are visible in GSTR-2A of such recipients.

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