by Deepanshu Joshi | Jun 29, 2023 | Goods & Service Tax
The GST officers have busted a nexus of more than 30 fake firms, who have availed ineligible input tax credit (ITC) of over Rs 50 crore, the finance ministry said on Wednesday.
by Deepanshu Joshi | Jun 19, 2023 | Direct Tax
✅Net DT collections at Rs. 3.79 lakh crore, grow at 11.18%.✅Advance Tax collections for 1st quarter, at Rs. 1.16 lakh crore, grow at 13.70%.✅Refunds amounting to Rs. 39,578 crore issued upto 17.06.2023, higher by 30.13% over preceding year....
by Deepanshu Joshi | May 30, 2023 | Goods & Service Tax
CBDT notifies e-Appeals Scheme,2023 pursuant to amendment in Section 246 of the Income-tax Act by the Finance Act, 2023 (w.e.f. 01.04.2023); The Finance Act, 2023 established a new authority Joint Commissioner of Income-tax (Appeals) [JCIT(A)] to hear the appeals...
by Deepanshu Joshi | May 16, 2023 | Corporate Law
The MCA vide Notification No. S.O. 1269(E) dated March 17, 2023 established the Centre for Processing Accelerated Corporate Exit (C-PACE) to facilitate the quick, transparent and process-bound exit of companies. With the establishment of C-PACE, the striking-off...