CA Nitin Jain Delhi arrested: ITC Fraud of Rs. 14.30 crores
CA Nitin Jain Delhi has been arrested for arranging/ providing fake bills/ invoices aggregating Rs. 79.5 crores on commission basis, resulting into ITC Fraud of Rs. 14.30 crores.
Tag: GOI Press Releases
Gutkha Manufacturer arrested for GST evasion of 831.72 cr
Gutkha Manufacturer arrested for GST evasion, of Rs. 831.72 crore, who was involved in manufacture of gutkha without any registration and supply thereof without issuing invoice.
Extension of ITR Filing Due Dates (FY 2019-20/ AY 2020-21)
Finally Govt. has responded/ extended various due dates for filing of Income Tax Returns for FY 2019-20/ Ay 2020-21. Also the due date for filing of Annual GST Return …
India invites Foreign Investors/ FDI to be a part of it’s Growth Story
Shri Piyush Goyal has invited Foreign Investors/ FDI to be a part of India’s growth story, during inaugural address of CII's Partnership Summit 2020. He has stated that India …
IT Deptt search an IT SEZ Developer in Chennai, Mumbai, Hyderabad, Cuddalore
IT Deptt conducts search at Premises of an IT SEZ Developer in Chennai, Mumbai, Hyderabad and Cuddalore; undisclosed income of more than Rs. 450 crores detected.
UDIN to be validated during uploading of Tax Audit Reports (TAR): CBDT
E-filing portal of Income Tax Deptt. (CBDT) shall validate UDIN generated from ICAI portal, during uploading of Tax Audit Reports (TAR), etc. with effect from 27th Nov. 2020. Further, …
Govt. notifies Merger Scheme of Laxmi Vilas Bank and DBS Bank
Cabinet approves the Scheme of Merger/ Amalgamation of Lakshmi Vilas Bank (LVB) with DBS Bank India Limited. Also, Govt. notifies the Scheme, which shall be effective from 27th Nov. …
Cabinet approves MoU between ICAI and VRC (Netherlands)
Cabinet approves an MoU between the Institute of Chartered Accounts of India (ICAI) and the Vereniging van Register Controllers (VRC) of Netherlands, to strengthen/ develop the Accounting, Financial and …
DGGI Rohtak arrests Vikas Jain (Jind): Fake invoices/ input tax credit (ITC) Fraud
DGGI Rohtak arrests Vikas Jain of Jind for involvement in GST input tax credit (ITC) Fraud of Rs. 13 crores by way of issuance of fake invoices without actual …
Gurugram DGGI arrests 2 for GST ITC Fraud of Rs 25 crore
Gurugram DGGI arrests Naresh Mittal & Chhedi Lal Mittal of Bahadurgarh, having firms at Naya Bazar, Delhi for GST Input Tax Credit (ITC) Fraud of Rs 25 crore.