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Archive: April, 2024

Posts in April, 2024

Weekly Newsletter from CBIC Chairman dated 15th April 2024

April 15, 2024 849 Views 0 comment Print

Stay updated with the latest initiatives and achievements of the Government of India’s Ministry of Finance, Department of Revenue, and Central Board of Indirect Taxes & Customs. Learn about SAMAY portal, training collaborations, DRI interceptions, and more.

Non-Filing of Resolution(S) with Registrar: MCA imposes ₹4,08,500 Penalty

April 15, 2024 2331 Views 0 comment Print

Learn about the penalty imposed by MCA for non-filing of resolutions with the registrar. Detailed analysis of the case and implications. Read more.

Comprehensive Guide to Secretarial Audit

April 15, 2024 3630 Views 0 comment Print

Discover the comprehensive guide to secretarial audit, covering its applicability, scope, professional responsibility, and who can conduct it. Ensure compliance, transparency, and corporate integrity.

Rajasthan HC stays GST Recovery, Allows Appeal Filing Within 3 Months of Tribunal’s Formation

April 15, 2024 1062 Views 0 comment Print

Rajasthan High Court directed that no further GST recovery proceedings would ensue if the petitioner adhered to payment conditions outlined in Section 112(8) of the Act. However, the petitioner must exercise the statutory remedy of appeal within three months from the Tribunal’s constitution.

Violation of Registered Office Requirements: MCA Imposes ₹4 Lakh Penalty

April 15, 2024 1126 Views 0 comment Print

Ministry of Corporate Affairs imposes a penalty of ₹4 lakh on M/S. Jansansar Nidhi Limited for failure to maintain a capable registered office. Learn about the violation and its consequences.

Decoding The Principal – Agent Relationship: An Analysis of Supreme Court’s Interpretation of Section 194-H of Income Tax Act, 1961

April 15, 2024 4206 Views 0 comment Print

Explore the Supreme Court interpretation of Section 194-H of the Income Tax Act, 1961, analyzing the distinction between commission-based principal-agent relationships and discount-based sales.

Non-opening of Demat Account & Transfer of Shares in Physical Form: MCA imposes ₹3.5 Lakh Penalty

April 15, 2024 3645 Views 0 comment Print

Learn why the MCA penalized Maharishi Interactive Technology Ltd. and individuals for not opening a Demat account & transferring shares physically. Analysis & implications.

Approval of Share Transfer without duly stamped instrument: MCA imposes Penalty

April 15, 2024 2076 Views 0 comment Print

Explore the adjudication order under Section 56 of the Companies Act, 2013 against M/s. Spendflo India Private Limited by the Registrar of Companies, Chennai.

MCA Penalty for Improper Minutes: Missing Place and Date

April 15, 2024 1401 Views 0 comment Print

MCA imposes penalties on Wind World (India) Limited for improper board meeting minutes, missing place and date, violating Section 118 of the Companies Act, 2013.

Maryada of Taxation for Businesses

April 15, 2024 2163 Views 0 comment Print

Discover the Maryada of taxation for businesses in India, covering Income Tax and GST thresholds. Ensure compliance and avoid legal troubles with these essential limits and provisions.

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