The Income Tax Department carried out search and seizure operation on 25.08.2021 on a group based in Visakhapatnam at 17 different premises across Andhra Pradesh, Chhattisgarh, Nagpur and Kolkata. The group entities are engaged in extraction of vegetable oils, mining of manganese ore, and manufacturing of ferro alloys.
The Income Tax Department carried out a search and seizure operation on 24.08.2021 on a group based in Rajkot. The group is among Gujarat’s prominent real estate builders & developers and is actively engaged in real estate, construction and land trading businesses in and around Rajkot. More than 40 premises were covered in the operation.
Students who have not yet converted themselves from Earlier Scheme to Revised Scheme of Education and Training implemented w.e.f. 1st July, 2017, to appear in Foundation, Intermediate and Final Examinations being held under Revised Scheme in December, 2021 may convert themselves latest by 30th September, 2021.
In order to give impetus to air travel, Union Minister for Civil Aviation ,Shri Jyotiraditya Scindia has written letter to 22 States/ UTs urging them to rationalize VAT on ATF across all airports in States within the range of 1% to 4%. He has asked them to take forward common intention to boost air travel and connectivity in State with a view to accelerate its economic development.
1. Taxpayers have now been provided the facility to view/download Electronic cash or Credit ledgers for a period of 12 months. Earlier, the ledgers were allowed to be downloaded for a period of 6 months only. The ledgers can be downloaded in both Excel and Pdf formats. 2. Up-to 6 preferred banks will be shown […]
KSCAA made representation to Smt. Shikha C, Commissioner of Commercial Taxes, Karnataka and urged to implement the DIN process in the administration of taxes in Karnataka. they provided Suggestion to Implement Document Identification Number (DIN) System in Karnataka GST. Text of their representation is as follows:- KARNATAKA STATE CHARTERED ACCOUNTANTS ASSOCIATION (R) Date: 26th August […]
Representation seeking rationalisation of eligibility criteria for appointment of statutory auditors for of Commercial Banks (excluding RRBs), Urban Cooperative Banks (UCBs) and NBFCs (including HFCs)
Distributor who buys product against advance payment from the company and distributes them to market at his own expense or credit. Distributor salesman, helper driver, hamal, and accountant employs many such people and the retailers are the chain together involved in the entire process there are 4 latch distributors across the country.
Confederation of All India Traders urges Minister of Commerce and Industry Shri Piyush Goyal to initiate action against E-pharmacy companies flouting ecommerce laws & rules to invade trade of lakhs of chemists. Text of their letter is as follows:- “Vyapar Bhawan” 925/1, Naiwala, Karol Bagh, New Delhi-110005. Phone: +91-11-45032664, Telefax: +91-11-45082665 E-mail: teamcait@gmail.com Website: www.cait.in 25th August, 2021 Ref. No.: […]
Union Cabinet, chaired by Prime Minister, Shri Narendra Modi, has approved signing Memorandum of Understanding between Institute of Chartered Accountants of India (ICAI) and Institute of Professional Accountants of Russia (IPAR).
