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Repeated Arrest of GST Officials by Local Police: Commissioner writes to Chief Secretary

September 12, 2022 4236 Views 0 comment Print

Government of India Ministry of Finance Department of Revenue Office of the Chief Commissioner, Goods and Services Tax & Customs, Guwahati Zone. GST Bhawan, 5th Floor, Kedar Road, Guwahati-781001 Tel.Nos.0361-273599912972002 Email: ccshillo@.nic.in V. Rama Mathew, IRS Pr. Chief Commissioner D.O.C. No. GCCO/VIG/MISC/192/2022-4092 Dated: 06/09/2022 Dear Dr. Rajesh Kumar With deep anguish, I would like to […]

Withdrawal functionality of 15CB forms at e-filing portal

September 12, 2022 39831 Views 0 comment Print

A large extent of pendency for updation of 15 CB forms at e-filing portal may be attributed to non-availability of any options for their withdrawal from portal

MCA crackdown on Chinese shell companies in India

September 11, 2022 2391 Views 0 comment Print

MCA crackdown on Chinese shell companies in India SFIO arrests mastermind & chief plotter After the  simultaneous search and seizure operations conducted by the Ministry of Corporate Affairs on 8th Sept. 2022, on the offices of Jillian Consultants India Private Ltd, a wholly owned subsidiary of Jilian Hong Kong Ltd., at Gurgaon, Fininty Pvt Ltd at […]

Net Direct Tax collection till 08.09.2022 registers a growth of 30.17%

September 10, 2022 1551 Views 0 comment Print

Net Direct Tax collections upto 08.09.2022 at Rs. 5.29 lakh crore are 30.17% higher than net Direct Tax collections for same period last Year

Multiple steps outlined to prevent operations of Illegal Loan Apps: FM

September 9, 2022 819 Views 0 comment Print

Finance Minister Smt. Nirmala Sitharaman chairs meeting on Illegal Loan Apps. Multiple steps outlined to prevent operations of such Illegal Loan Apps. Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman chaired a meeting yesterday to discuss the various issues related to ‘Illegal Loan Apps’ outside the regular banking channels. The meeting was attended […]

Income Tax dept searches prominent business groups in Maharashtra

September 9, 2022 1953 Views 0 comment Print

Income Tax Department conducts searches on prominent business groups in Maharashtra The Income Tax Department carried out a search & seizure action on 25.08.2022 on two groups engaged in the business of sand mining, sugar manufacturing, road construction, healthcare, running of medical college etc. The search action covered more than 20 premises spread over Solapur, […]

ICAI declares Time Table of CA Foundation Exam December 2022

September 9, 2022 15153 Views 5 comments Print

ICAI declares time table for December 2022 CA Foundation Examination. Exam will be held on 14th, 16th, 18th & 20th December 2022

Fake ITC on bogus invoices – Navi Mumbai CGST arrests one person

September 9, 2022 1836 Views 0 comment Print

Navi Mumbai CGST arrests one person for availing and passing on fake ITC on bogus invoices amounting to Rs 181.67 Crores On 7th September 2022, the Director handling the business activities of M/s Robosteel Trading Pvt. Ltd. (GSTIN:AACCR8701J1Z8) has been arrested by CGST, Navi Mumbai on the charges of availing/utilizing/passing on fake Input Tax Credit (ITC) […]

CGST Mumbai busts Rs. 142 Crore fake GST invoice racket

September 9, 2022 1449 Views 0 comment Print

CGST Mumbai South Commissionerate busts Rs. 142 Crore fake GST invoice racket One person arrested in the case Officers of CGST Mumbai South Commissionerate have busted a fake GST invoice racket, which was used to pass on fake GST Input Tax Credit (ITC) of Rs. 27.80 crore on invoices of Rs 142 Crore, and have […]

ICAI advises auditor to seek direct confirmation from banks

September 9, 2022 19872 Views 2 comments Print

Auditing and Assurance Standards Board & Professional Development Committee The Institute of Chartered Accountants of India 7th September, 2022 External Confirmations through Third Party Vendors External confirmations have been an important and integral part of audit procedure in order to obtain sufficient appropriate audit evidence in line with requirement prescribed in various Standards on Auditing […]

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