Direct Taxes (including International Taxation) | By ALOK PATNIA | Nov 17, 2018
Deepak Fertilisers and Petrochemicals Corporation on Friday said the Income Tax department was carrying out search and seizure operations...
GST & Other Indirect Taxes | By ALOK PATNIA | Nov 17, 2018
In what is seen as a major relief for GST assessees, especially dealers, the Kerala High Court has ruled that any GST mistakenly paid u...
GST & Other Indirect Taxes | By ALOK PATNIA | Nov 16, 2018
A scam involving fake GST bills worth Rs 1,200 crore has come to light in Bengaluru. The preventive wing of the south commissionerate of...
GST & Other Indirect Taxes | By ALOK PATNIA | Nov 16, 2018
Impact of the Goods and Services Tax (GST) on the sector has largely been positive and constructive, he added.After the implementation of...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Nov 15, 2018
For the confirmation of enrollment of Goods and Services Tax Practitioners, otherwise known as GST Practitioners or GSTPs, there will be ...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Nov 15, 2018
In the last four years, the government’s efforts to widen the tax base resulted in an 80% jump in number of returns filed to 6.85 c...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Nov 15, 2018
The Income Tax Department is “chasing” 80,000 cases where people have not filed their returns post-demonetization, despite ...
GST & Other Indirect Taxes | By ALOK PATNIA | Nov 14, 2018
Over 2 lakh assessees have opted out of the Goods and Services Tax (GST) registration as their turnover is below the prescribed threshold...
GST & Other Indirect Taxes | By ALOK PATNIA | Nov 12, 2018
The finance ministry said Thursday that GST refund of Rs 82,775 crore to exporters has been cleared as on October 31, which is 93.8 per c...
GST & Other Indirect Taxes | By ALOK PATNIA | Nov 12, 2018
GST compensation paid to states by the Centre has declined to over Rs 11,900 crore during August-September, an official said. The bi-mont...
GST & Other Indirect Taxes | By ALOK PATNIA | Nov 6, 2018
The Central Board of Indirect Taxes and Customs will daily monitor the grievances of the Ministry of Micro, Small and Medium Enterprises ...
GST & Other Indirect Taxes | By ALOK PATNIA | Nov 6, 2018
In order to prevent incorrect allocation of GST revenue among states, the Directorate General of Audit has been asked to scrutinise the a...