ConsultEase Administrator

Navigating Taxation Challenges: Online Gaming Companies’ Strategic Responses
The online gaming industry, encompassing platforms like poker, rummy, and fantasy sports, is facing significant […]

Introduction:
On March 1, 2024, the CGST Mumbai Zone, CGST Navi Mumbai Commissionerate, made a significant arrest that sent shockwaves through the financial sector. The Head of Finance of M/s […]

GST Applicable to Processed Pulses: AAR Ruling
In a recent ruling, the Andhra Pradesh authority for advance rulings (AAR) has declared that processed pulses obtained after dehusking and splitting of grains do not […]

Ex-Income Tax Officials Sentenced for Bribery: A Blow to Corruption in India
A recent verdict by a CBI court has brought to light the pervasive issue of corruption in India, as two former […]

Background:
In a recent case (Writ Petition No. 3804 of 2024 dated February 20, 2024), the Hon’ble Madras High Court ruled in favor of Sri Shamunga Hardwares Electricals (“the Petitioner”), emphasizing that […]

Gang Arrested for Fraudulent GST Refund Scheme in Ludhiana
Authorities in Ludhiana have made significant strides in dismantling a gang responsible for orchestrating a sophisticated fraud scheme related to Goods […]

Ajay Bhushan Pandey, NFRA Chairman, Emphasizes Focus on Audit Quality
Ajay Bhushan Pandey, the chairman of the National Financial Reporting Authority (NFRA), recently discussed the upcoming annual inspections of […]

CBDT Allows Rectification of Incorrect Audit Report Forms for A.Y. 2023-24
In a recent development, the Central Board of Direct Taxes (CBDT) issued Circular No. 02/2024 dated March 05, 2024, granting a window for […]

Real Estate Firms Seek Relief from GST Authorities
Real estate firms across India are currently facing a challenging situation as they have received notices from GST authorities regarding […]

Introduction
In a bid to bolster tax transparency and ensure compliance among taxpayers, the Income Tax Department has taken proactive steps to address discrepancies in financial transaction information. Through […]

Deceptive Scheme Unveiled
A startling incident unfolded in Market Yard involving a deceptive scheme orchestrated by a group of five individuals masquerading as officers from the Goods and […]

Introduction
The Ministry of Micro, Small and Medium Enterprises took a major step towards simplifying the registration process for Informal Micro Enterprises (IMEs) with the launch of the Udyam Assist Platform […]

Introduction
The Goa Goods and Services Tax (GST) Department recently issued Trade Circular GVAT No. 6 of 2023-24 on February 29, 2024. This circular introduces a streamlined process for […]

Introduction:
Amidst swirling reports regarding financial assistance from the central government to Kerala, State Finance Minister K N Balagopal took to social media on Friday to address the […]

Overview:
The Supreme Court delivered a landmark ruling on Monday, stating that Members of Parliament (MPs) and Members of Legislative Assemblies (MLAs) are not immune from prosecution for […]

Introduction:
In a significant turn of events in Andhra Pradesh, the arrest of P Sarath, a former director of a private company, has brought to the forefront allegations of defrauding the […]

Overview:
Punjab has recently achieved remarkable strides in revenue collection for Goods and Services Tax (GST) and excise by the end of February. This achievement underscores the state’s […]

Finance Ministry Considers Deferment of Rule 43B (h) Enforcement
In a recent development, sources have revealed that the Finance Ministry is contemplating a deferment of the enforcement of Rule 43B (h) under the […]

Background:
In a recent development, the Kerala High Court has issued a directive to Binoy Kodiyeri, the elder son of the late Kodiyeri Balakrishnan, former State secretary of the CPI(M), to file income tax […]

India’s Economic Thrust Driven by Strong GST Revenue Surge
The Indian economy experienced a notable upswing in the December quarter, driven by robust tax collections and thriving manufacturing […]