Mars Mercantiles Pvt Ltd’s penalty for violating Section 158 of the Companies Act was reduced by the Regional Director (ER) to ₹1.5 Lakhs on appeal.
The Regional Director, Eastern Region, reduces the penalty imposed on Mayflower Infra Realty Pvt. Ltd. and its Director for violating Section 161 of the Companies Act, 2013.
Calcutta High Court quashes attachment order, allows appeal in GST case over improper service of show cause notice and adjudication order. Detailed analysis inside.
Company earned over 10% of turnover from a related party but failed to get shareholder approval, violating section 188. MCA imposes a penalty.
Read the detailed analysis of the Calcutta High Court’s judgment in Kanaklal Sutradhar vs State of West Bengal, focusing on GST registration cancellation issues.
SEBI reduces the face value of debt securities and non-convertible redeemable preference shares (NCRPS) to Rs. 10,000, boosting non-institutional investor participation.
Discover the deductions and exemptions not available under the New Tax Regime (Section 115BAC) of the Income Tax Act, 1961, to make an informed decision.
Madras HC nullifies IT assessment for Muthu Pitchamuthu Prabu, highlighting procedural lapses and non-consideration of key documents. Read detailed analysis.
Explore the Calcutta High Court’s stay on the demand order reversing Input Tax Credit due to supplier registration cancellation in the case of Asian Hotels (East) Ltd.
Madras HC remands the case of Dhirani Metal Industries vs Assistant Commissioner (ST) for reconsideration over GSTR-3B and GSTR-2A mismatch in GST liability.
