News

West Bengal Finance Minister presented the West Bengal Goods and Services Tax (Amendment) Bill, 2024, which aligns the state's GST system with GST Council recommendations.

West Bengal passes GST Amendment Bill 2024 in sync with Recommendations of Council

As part of its ongoing investigation into the Summaya-Dentsu case, the ED conducted searches at 19 locations in Mumbai, Delhi, and Gurgaon.

ED conducted Searches at 19 locations in Rs.137 Crore Money Laundering Case

The State GST Department discovered a fake billing scam in the city that involved illegal transactions totalling Rs.163 crore in the last two years, according to officials familiar with the situation.

Punjab GST Dept uncovers Rs.163 Crore Billing Scam; 2 Accused Arrested

DGGI Guwahati discovered a major fake invoicing racket involving fraudulent transactions of Rs.50 crore and used fake invoices to illegally claim ITC worth Rs. 9 crore.

GST Intelligence Busted Fake Invoice Racket of Rs.50 Crore; One Arrested

The Institute of Chartered Accountants of India (ICAI) has released an upgrade for the Unique Document Identification Number (UDIN) webpage.

ICAI notifies Update on UDIN Portal; From Changes in Data Entry to Numeric Format

Judgement

The Commissioner of Income Tax (Appeals) [CIT(A)] ruled in favour of an appellant, directing the Assessing Officer to allow the rebate under Section 87A of the Income Tax Act, 1961.

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West Bengal passes GST Amendment Bill 2024 in sync with Recommendations of Council

ED conducted Searches at 19 locations in Rs.137 Crore Money Laundering Case

Punjab GST Dept uncovers Rs.163 Crore Billing Scam; 2 Accused Arrested

GST Intelligence Busted Fake Invoice Racket of Rs.50 Crore; One Arrested

ICAI notifies Update on UDIN Portal; From Changes in Data Entry to Numeric Format

CIT(A) directs AO to allow Rebate under Section 87A on STCG earlier Disallowed by Portal during ITR Processing FY 2023-24