MCA imposes a penalty on CMB India Nidhi Limited for non-filing of MGT-14. Learn about the case, the legal provisions involved, and the final decision.
Read the detailed analysis of ITAT Kolkata’s dismissal of Ideal Vyapaar Pvt Ltd appeal under section 68 of the Income Tax Act due to absence of explanation for transactions.
Read about the penalty imposed on CMB INDIA NIDHI LIMITED by Ministry of Corporate Affairs for violating Section 134 of Companies Act, 2013. Details on adjudication, implications, and next steps.
MCA penalizes CMB India Nidhi Limited’s directors for not mentioning DIN on financial statements, violating Section 158 of the Companies Act, 2013.
Allahabad High Court discusses amendments to the Income Tax Act regarding reassessment proceedings, emphasizing the authority’s discretion in initiating proceedings.
NCLT convicts Port Authority officers for contempt of court in ICICI Bank Ltd Vs Lanco Babandh Power Ltd case. Detailed analysis of the disobedience of court orders and legal implications.
Explore the Prevention of Money Laundering Act (PMLA) in India, ED powers, and significant Supreme Court rulings impacting anti-money laundering efforts.
In Bal Krishan Das Mundhra Vs ITO case, ITAT Kolkata permits deduction of Rs. 34.2 lakhs under section 57 of Income Tax Act as taxpayer consistently follows mercantile system.
Explore the updated RBI investment norms for commercial banks, implications, and reclassification rules. Get insights on valuation and compliance.
Learn the detailed accounting procedures for issuing bonus shares, including necessary journal entries and their impact on financial statements, in this comprehensive guide.
