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Notifications/Circulars

Income Tax Notification No. 13/2024: Summoning Witnesses for Departmental Inquiry

January 19, 2024 1092 Views 0 comment Print

Explore Notification No. 13/2024 by the Ministry of Finance, Central Board of Direct Taxes. Learn about the summoning of witnesses for the departmental inquiry of Shri Sailendra Mamidi.

Notification No. 12/2024-Income Tax – Summoning Witnesses for Inquiry

January 19, 2024 1149 Views 0 comment Print

Read Notification No. 12/2024 issued by the Ministry of Finance, Central Board of Direct Taxes. Learn about the inquiry on Shri S. Sarath, Income Tax Officer, and the summoned witnesses

GSTN Advisory on payment through Credit/Debit cards and UPI

January 19, 2024 10566 Views 0 comment Print

In a move to enhance the convenience for taxpayers registered under the Goods and Services Tax (GST), the GSTN (Goods and Services Tax Network) has introduced two new methods of payment under e-payment. This Advisory aims to guide taxpayers on making payments through Credit Card (CC), Debit Card (DC), and Unified Payments Interface (UPI) in addition to the existing net-banking option.

High-Risk Transaction Alert: New Guidelines for IT Assessments 2023-24

January 19, 2024 20406 Views 0 comment Print

Discover latest directives from Directorate of Income Tax (Systems) regarding high-risk transactions. Get insights on identification, verification, and actions under IT Act, 1961.

Insight Portal: High-Risk CRIU/VRU Cases and Non-PAN Cases

January 19, 2024 5580 Views 0 comment Print

Explore how the Directorate of Income Tax uses the Insight Portal for disseminating and managing high-risk CRIU/VRU cases and non-PAN cases under the Risk Management Strategy.

Violation of Section 12(1) and (4) of Companies Act 2013: MCA Imposes Penalty

January 18, 2024 354 Views 0 comment Print

MCA Imposes Penalty for Violation of Section 12(1) & (4) of Companies Act 2013 by WORLDON HD TV PRIVATE LIMITED. Adjudication order issued by Registrar of Companies, Kerala & Lakshadweep.

Delay in filing declaration u/s 10A in e-form 20 A – MCA reduces Penalty by 80%

January 18, 2024 609 Views 0 comment Print

Explore the case of Ideenkriese Tech before the Regional Director (Southern Region) as MCA reduces penalties by 80% for delay in filing declaration u/s 10A in e-form 20A.

Customs Exchange Rates effective from 19th January, 2024

January 18, 2024 3189 Views 0 comment Print

Explore the latest Customs Exchange Rates in India for 2024 issued by the Ministry of Finance. Stay updated on foreign currency conversions for imported and export goods.

Government notifies New Financial Services in International Financial Centres

January 18, 2024 1047 Views 0 comment Print

Discover the latest financial services notified by the Ministry of Finance in International Financial Service Centres. Learn about book-keeping, accounting, taxation, and financial crime compliance services.

Insight Portal’s Risk Management Strategy for High-Risk Tax Cases

January 18, 2024 2835 Views 0 comment Print

Explore the Directorate of Income Tax’s Risk Management Strategy. Learn how high-risk cases are identified, disseminated, and verified on the Insight Portal.

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