Ministry of Corporate Affairs (MCA) has imposed a penalty of Rs. 4 lakh on Bangda Real Infra Limited and its directors for non-maintenance of its registered office. This penalty follows a violation of section 12(1) of the Companies Act, 2013, which mandates companies to have a registered office capable of receiving and acknowledging all communications […]
Sarada Pleasure And Adventure Limited, a Bihar-based company, is ordered to pay penalties for violating Section 137 of the Companies Act, 2013 by not filing financial statements.
Learn about latest update on E-invoicing applicability in India. Understand the threshold limit, rules & exemptions for mandatory E-invoicing from 1st August 2023
Understand LTC (Leave Travel Concession) claim provisions, eligibility, documents needed, and tax implications. Learn how to maximize the tax benefit for travel expenses.
Read the Madras High Court judgment in Junaitha Begum Vs Assessing Officer case, involving a disputed assessment order and cash deposit addition.
Read the judgment of Madras High Court in Balaji Super Alloys Vs. PCIT case, condoning a 21-second delay in ITR filing and allowing Section 80IA deduction.
Navigating the world of forex trading in India can be a rewarding endeavor, presenting opportunities for substantial profits. However, as with any financial venture, understanding the tax implications is crucial. In this article, we delve into the tax implications of forex trading profits and losses in India.
Get the latest clarification from CBDT on Rule 114F(5) of the Income Tax Rules, 1962. Know the status of Treaty Qualified Retirement Fund and more.
CBIC notifies rate changes in Compensation Cess for Pan Masala and Tobacco Products as per 50th GST Council Meeting vide Notification No. 3/2023-Compensation Cess (Rate)
The Registration of Births and Deaths (Amendment) Bill, 2023 was introduced in the Lok Sabha on 26th July, 2023. The purpose of this Bill is to amend the Registration of Births and Deaths Act, 1969, to keep pace with societal changes and technological advancements. The proposed amendments aim to make the registration process more citizen-friendly […]