Latest update 30.03.2024
Recap of Latest updates posted on 30.03.2024
GST Central Instruction
Guidelines for CGST field formations in maintaining ease of doing business while engaging in investigation with regular taxpayers
CBIC issued an Instruction No. 01/2023-24-GST (Inv.) dated 30.03.2024 providing guidelines for CGST filed formations…
Income Tax in Media
Income Tax – Here’s how to make a switch between new and old tax regimes
During the Union Budget 2023-24, Finance Minister declared that the new tax structure will be…
Income Tax in Media
Tax department detects HRA fraud with illegal usage of PANs
The income tax department has detected a fraud involving unauthorised use of permanent account numbers (PAN) by…
Income Tax in Media
“My PAN Card Misused”: Madhya Pradesh Student Gets Rs. 46 Crore Tax Notice
A youth, who is a college student, has filed a complaint with the police in…
Income Tax in Media
Income Tax department levies Rs 564 crore penalty on Bank of India
The Income Tax department has levied a penalty of Rs 564.44 crore on Bank of…
Income Tax in Media
Domestic startups come under income tax glare for their recent funding
Several new economy ventures, primarily in the fintech sector, have received income tax notices in…
Income Tax in Media
New tax rules come into effect from April 1: Here’s all you need to know on basic exemption limit and rebate
Here's a look at some of the changes in tax rules that will be effective…
Income Tax in Media
Income Tax Dept sets high-risk value assessment guidelines for updated ITRs, AY 2021-22 filing deadline March 31
The Income Tax Department has finalized guidelines for assessing or re-assessing of high-risk value in…