Avoid tax hassles! Learn key red flags in filing your Income Tax Return for FY 2022-23. Guide covers common mistakes, from ITR form selection to verification, helping you steer clear of tax notices.
Learn how to file a reply to the Trademark Examination Report under the Trademarks Act of 1999. Understand objections, required documents, and time frames for a successful trademark registration process.
Vodafone Idea Limited vs. Union of India case: Karnataka High Court remands matter to assessing officer for considering C Forms, affected by COVID-19.
This article explores various effective tax-saving strategies and provides valuable insights on how to save tax on a salary of 15 lakhs per annum.
CBDT issued Notification No. 33/2023-Income Tax on May 29, 2023. This notification introduces the e-Appeals Scheme, 2023 under the provisions of the Income-tax Act, 1961. The key points of the scheme are as follows: 1. The scheme is called the e-Appeals Scheme, 2023 and it comes into force from the date of its publication in […]
DGFT issued Notification No. 09/2023 dated 29th May, 2023. The notification pertains to an amendment in the policy conditions of SI.No. 55 and 57, Chapter 10 Schedule-2, ITC(HS) Export Policy, 2018. According to the notification, the Central Government has amended the existing entries of Chapter 10 at Sl. No. 55 and 57 related to the […]
The company failed to hold its 3rd board meeting within the prescribed time frame, with a delay of 45 days. The penalties imposed are as follows: Rs. 54,000 on the company, Rs. 50,000 on Mr. Kamal Bali (Managing Director), and Rs. 50,000 on Ms. Alka Mishra (Company Secretary).
Ministry of Corporate Affairs (MCA) in India has issued an adjudication order imposing penalties on auditors for their failure to comply with the provisions of Section 143 of the Companies Act, 2013. The penalties are imposed on the auditors of Strong Infracon Private Limited for non-disclosure of various key financial information in the company’s audit reports.
Strong Infracon Private Limited and Elite Realcon Private Limited were identified as violators of Section 134(5)(a) of the Companies Act, 2013, following an inspection conducted under Section 206(5) of the Act. These violations date back to the fiscal years 2010-11 to 2015-16. The penalty imposed amounts to a total of INR 400,000, distributed between the […]
NCLAT Delhi held that liquidator is obliged to consider the average of the value arrived as per Regulation 35 of the CIRP Regulation, 2016.
