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Tax department detects HRA fraud with illegal usage of PANs

India Business News: Income tax department uncovered a PAN fraud scheme where individuals misused PANs for house rent allowance claims, leading to the detection of numerou

Kuldip-kumar , Mainstay-tax , Business-news , Tax-officials , Tax-deduction , Rental-income , Pan-fraud , Income-tax-department , Hra-fraud ,

Profiles of field formation officials: FBR concerned over delay in updating data

ISLAMABAD: The Federal Board of Revenue (FBR) has expressed serious concern over the delay in updating data of the...

Islamabad , Pakistan , Competent-authority , Federal-board , Human-resource-information-system , Business-recorder , Hris , Tax-officials , Fbr ,

2023: FTO provides Rs17.74bn relief to taxpayers

ISLAMABAD: The Federal Tax Ombudsman (FTO) has provided a relief of Rs17.74 billion to taxpayers in 2023 as compared...

Pakistan , Islamabad , Pakistanis , Asif-mahmood-jah , Arif-alvi , Federal-tax-ombudsman , President-dr-arif-alvi , Business-recorder , Tax-relief , Tax-officials , Fto

India's CBIC Instructs Officers to Upload Digital Summaries of GST Notices

India's CBIC Instructs Officers to Upload Digital Summaries of GST Notices
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tax: CBIC instructs officials to upload digital summary of tax notices to boost transparency

In a significant move towards transparency and efficiency, tax officials are now required to upload detailed summaries of show cause notices or tax demands raised under the Goods and Services Tax (GST). The Central Board of Indirect Taxes and Customs (CBIC) has recently issued comprehensive internal instructions to field formations, outlining the mandatory practice of digitally summarizing all tax demands and notices.

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bank authorities: Tax officials to inform banks on expiry of attachment order

The instruction comes in the wake of many taxpayers moving courts to get their bank accounts and provisional attachment revoked. One of the writ petitions filed by a taxpayer sought that the commissioner should also follow up by issuing an intimation of release of such provisional attachment because banks/relevant authorities seek such a communication.

Delhi , India , High-court , Getty-images , Central-board , Indirect-taxes , Bank-authorities , Attachment-order , Customs , New-delhi , Expiry-of-attachment