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CAG issues Regulations on Audit and Accounts (Amendments) 2020
The Comptroller and Auditor General of India (CAG) issued the Regulations on Audit and Accounts (Amendments) 2020. The newly amended regulation...
CAG Points Out Loss of Rs. 1789,22 Crores due to Extension of Tax Concession to Corporates [Read Report]
In a report submitted to the Parliament on Tuesday, the Comptroller and Auditor General of India pointed out that there were a loss of Rs. 1789,22 Crores to the Government because the income tax...
![CAG Points Out Loss of Rs. 1789,22 Crores due to Extension of Tax Concession to Corporates [Read Report]](https://www.taxscan.in/wp-content/uploads/2017/12/Loss-Taxscan.jpg "CAG Points Out Loss of Rs. 1789,22 Crores due to Extension of Tax Concession to Corporates [Read Report]")
MAT Credit ‘Nullifies’ the Objective of MAT provisions under the Income Tax Law: CAG to Govt [Read Report]
The Comptroller & Auditor General (CAG) in its recent report presented before the Lok Sabha said that the Government cannot achieve the objective of Minimum Alternate Tax (MAT) provisions due to...
![MAT Credit ‘Nullifies’ the Objective of MAT provisions under the Income Tax Law: CAG to Govt [Read Report]](https://www.taxscan.in/wp-content/uploads/2017/08/CAG-Taxscan.jpg "MAT Credit ‘Nullifies’ the Objective of MAT provisions under the Income Tax Law: CAG to Govt [Read Report]")
Film Artists Working abroad shown as Exports to Evade Tax: CAG asks Govt to Examine Service Tax Liability in ‘Ae Dil Hai Mushkil’ [Read Report]
In a report submitted to the Lok Sabha on “Levy and collection of Service Tax on Entertainment Sector”, the Comptroller and Auditor General of India (CAG) said that film artists working abroad shown...
![Film Artists Working abroad shown as Exports to Evade Tax: CAG asks Govt to Examine Service Tax Liability in ‘Ae Dil Hai Mushkil’ [Read Report]](https://www.taxscan.in/wp-content/uploads/2017/08/Ae-Dil-Hai-Mushkil-Taxscan.jpg "Film Artists Working abroad shown as Exports to Evade Tax: CAG asks Govt to Examine Service Tax Liability in ‘Ae Dil Hai Mushkil’ [Read Report]")
