News

UP State Tax Department uncovers alleged circular trading and irregular ITC claims by three Lucknow advertising firms, leading to a Rs 2.48 crore tax deposit.

Lucknow Ad Firms Under Scanner Over Alleged Circular Trading, ITC Irregularities

SIB raids near BLW uncover alleged Rs 4.25 crore GST evasion involving a railway contractor and a tent house.

Railway Contractor, Tent House Under GST Scanner After SIB Detects Rs 4.25 Crore Tax Evasion Near BLW

Judgement

The Income Tax Appellate Tribunal (ITAT) Mumbai has restored to the AO the issue relating to alleged bogus Long-Term Capital Gains (LTCG) claimed on penny stock transactions.

Penny Stock LTCG Exemption of Rs. 1.41 Crore Under Scanner; ITAT Orders Fresh Verification After Finding Discrepancies in Share Transaction Records

SEBI has alleged that Rajesh Exports overstated revenues by Rs 15.15 lakh crore over five years from Financial Year 2020-21 to Financial Year 2024-25.

SEBI Alleges Rs 15.15 Lakh Crore Revenue Inflation at Rajesh Exports; Auditors Under Scanner

Police have uncovered a Rs 146 crore multi-state fraud racket involving fake firms, GST evasion, hawala transactions, and forged bank accounts, with the alleged mastermind now arrested.

Rs 146 Crore Hawala-GST Fraud Busted; Mastermind Arrested, 68 Bank Accounts Under Scanner

SEBI has accused executives and connected individuals of using unpublished information to profit from YES Bank’s 2022 share sale.

YES Bank Share Sale Under Scanner: SEBI Alleges Insider Trading by PwC, EY Executives

One Stop Solution For CA CS CWA Direct Indirect Tax GST Business News

Explore Our Blogs

Stay updated with the latest insights, tips, and industry trends from our experts