News

CBIC found 25% of 69,000 suspected GST Registration to be Fake; Expected GST Evasion of Rs.15000 Crore

The Registrar of Companies under MCA has imposed penalty of Rs.2,00,000 on CS for certifying MGT-7/AOC-4 without Disclosure of Board Meeting Date.

The Income Tax Department has issued an update regarding Tax Audit for Financial 2022-23 on their official income tax portal.

MCA has issued an update for stakeholders to provide hassle-free filing experience. MCA notified Excel Functionality for Form 3 and Form 11 of LLP.

ITBA &amp; AGFTC has jointly made a representation before Union Finance Minister Nirmala Sitharaman for extension of GST Amnesty Scheme.

Taxpayer might get GST notice from Department if mismatch between ITC claimed in GSTR-3B and GSTR-2B exceeds 20% or more than Rs. 25 Lakh