09 Oct 24

CBDT Forms Committee to Modernize Income Tax Laws and Reduce Compliance

GSTN Introduces New Payment Methods on GST Portal, Adds Two New Banks for Payments

CBIC Waives Late Fees for TDS Filers u/s 51 of CGST Act on Delayed GSTR-7 Filings Since June 2021

CBIC Notifies GST Exemptions for Vocational Education and Power Utility Services - Effective October 2024

CBDT Extends Form 10B/10BB Filing Deadline to 10th November 2024

08 Oct 24

TN AAR: 28% GST Applies to Plastic Rope Handles, Vent Plugs, and Split Tops and Bottoms

Delhi ITAT Cancels Tax Notice U/S 148 Due to Mechanical Approval by the PCIT for Reassessment

ICAI issues Corrigendum to 75th Annual Accounts following Typographical Error

Income Tax Refund Delays: FM Nirmala Sitharaman calls on Income Tax Dept on ‘X’ for Resolution of Complaint

07 Oct 24

Non-Payment of dues for 3 Months not Valid Ground u/s 29 of CGST Act: Delhi HC quashes GST Registration Cancellation [Read Order]

CBIC extends CVD on Copper Wire Rod Imports from Indonesia, Malaysia, Vietnam, and Thailand to 7th July 2025

FM Nirmala Sitharaman Urges IT Department to Address Tax Refund Delay Complaint

06 Oct 24

GST Instruction No. 04/2024 on Mapping/De-Mapping of Officers on the GSTN Portal

Ministerial Committee May Reduce GST on Medicines, Insurance, and Tractors to 5% by Next Month

Chhattisgarh HC: Unexplained Deposits in Bank Accounts Will Be Considered Income U/S 68 and 69A

01 Oct 24

GSTN Explains Legality of Notices and Orders From Tax Officials That Do Not Include Digital Signatures

How is CBDT Monitoring High-value Credit Card Spending

Centre May Launch Mechanism to Address Fake GST ITC Claims by the End of Nov

30 Sep 24

Bengaluru Court Orders FIR Against FM Nirmala Sitharaman Over Electoral Bonds Allegations

Income Tax Department Announces Special Drive to Address Taxpayers` Grievances in October

Advisory for Biometric-Based Aadhaar Authentication and Document Verification for GST Registration Applicants of Odisha

Restoration of GST Returns data on Portal

29 Sep 24

ICICI Prudential Life Insurance Receives Rs 361.23 Crore Income Tax Order for AY 2022-23

CBDT Extends Deadline for Filing Audit Reports for FY 2023-24 to 7th October 2024

GSTN Explains Legality of Notices and Orders From Tax Officials That Do Not Include Digital Signatures

Patna HC: 3-Year Limitation Period Commences from Actual GST Annual Return Filing Date, Not the Extended Due Date

28 Sep 24

SC Asks CBDT to Fix Income Tax Software Problems to Avoid Harassment of Assessee

Supreme Court Dismisses 573 Direct Tax Cases Due to Revised Monetary Limits

GoM Recommends Higher GST Rates on Textiles and Apparel, and Lower Rates for Educational Materials

27 Sep 24

MCA Amends Companies (Accounts) Rules for Separate Filing of CSR-2 Form

Traders Must Save GST Return Data Older Than September 2017 Before 01st Oct

55th GST Council Meeting Focuses on Insurance Premiums; GoM Defers Rate Rationalization

GSTN Issues Advisory on Issuance of Notices/Orders without Digital Signatures of the Issuing Authorities

26 Sep 24

GSTN CEO Confirms Completion of Design Architecture for B2C E-Invoicing for Retailers

MCA Notifies Companies (Accounts) Amendment Rules, 2024

Archival of GST Returns data on GST portal

Businesses, Be Prepared for the Upcoming GST E-Invoice for B2C Launch

Delhi HC Quashes GST Reg. Order, Citing Lack of Evidence That Taxpayer Was Not Operating at Principal Place of Business

Gujarat HC Criticizes Authority for ‘Cryptic’ GST Notice in Reg. Cancellation, Despite 2022 Orders

25 Sep 24

MCA Grants 5-Year Extension for Producer Companies on Share Dematerialisation Compliance

Telangana HC: Appellate Authority is Legally Empowered to Decide on the Jurisdiction of a GST Order

Officials Cancelled GSTIN Despite Proof of Monthly GST Returns: Madras HC Sets Aside Cancellation Order

Delhi HC: Authority Can’t Allocate SCN Based on Any Allegations of Misstatement Causes for GST Reg. Cancellation

24 Sep 24

Tata Sons Secures Tax Relief as Rs 1500 Crore GST Demand in Docomo Settlement Dismissed

ITAT: Interest Income from Fixed Deposit with Co-operative Banks is Eligible for Deduction U/S 80P(2)(d)

Himachal Pradesh HC: State Authorities Can’t Transfer a Case to the GST Until They Complete Their Process

Madras HC Dismisses GST Order U/S 73(9) for Rejecting SCN Reply Without Sufficient Justification

23 Sep 24

GoM on GST rate rationalisation to meet on September 25 to discuss slab, rate tweaks

IGST Panel Finalizes Action Plan to Resolve `Negative Balance` Issue

Vivad Se Vishwas 2.0: Lower Settlement for Declarations Filed by 31st December