Learn how MCA’s recent order exempts companies from penalties for delayed financial statement submission if filed within 30 days of notice. Stay compliant and avoid fines.
Once an appeal is lodged with CIT(A), the PCIT’s authority to revise assessment under Section 263 is circumscribed – Kathiravan Ananthalakshmi Vs ACIT (ITAT Chennai)
Learn about the penalty imposed by the Ministry of Corporate Affairs on RBN INFRASTRUCTURES INDIA LIMITED for violating Section 137(1) of the Companies Act, 2013 by not filing financial statements.
Dive into the PMFME Loan scheme, a game-changer for micro food processing in India. Explore loan details, eligibility, subsidy benefits, and application process.
Explore the interpretation of Sections 44 BB(1) and 44 BB(2) of the Income Tax Act in the case of CIT Vs B.J. Services Co. Me Ltd. as per the judgment of the Uttarakhand High Court.
Unlock the intricacies of income tax implications for stock market transactions in India, covering capital gains, F&O trading, and tax audit requirements.
Stay updated with the latest TDS compliance under Section 192 of the I.T. Act, emphasizing the importance of Form 12BB for employers and employees.
Explore the 2023 amendments to the PFRDA Retirement Adviser Regulations, enhancing compliance, qualification criteria, and advisory services.
Discover the latest amendments by IBBI to the CIRP regulations, enhancing transparency and accountability. Learn about changes like separate bank accounts for real estate projects and monthly CoC meetings.
Somnath Dealtrade Private Limited Vs Union of India & Ors. (Calcutta High Court) Introduction: The case of Somnath Dealtrade Private Limited Vs Union of India & Ors. in the Calcutta High Court involves a significant challenge to an order dated 13th April, 2022, passed under Section 148A(d) of the Income Tax Act, 1961. The appellant, […]
