High Courts clarify that procedural lapses cannot lead to permanent GST cancellation, emphasizing compliance, revival, and business continuity.
Tax not deducted if Form 15G or 15H filed by eligible individuals. Explains filing process, UIN generation, reporting, and 7-year retention rule.
ROC Gwalior penalizes a company and directors for late filing of share allotment return and incorrect valuation report under Section 42(9) of the Companies Act.
NCLT Delhi held that application under section 7 of the Insolvency and Bankruptcy Code for initiation of Corporate Insolvency Resolution Process [CIRP] against Corporate Debtor [Era Infrastructure (India) Ltd.] admitted since financial debt and default thereon duly proved.
The company and its officers were penalized ₹20,000 each for filing Form PAS-3 twenty days late, highlighting the importance of timely compliance under Section 39(4).
Tamilnadu Minerals Limited and its Company Secretary were penalized for holding only three board meetings instead of four during FY 2024-25, violating Section 173(1).
NCLT Delhi held that application under section 7 of the Insolvency and Bankruptcy Code for initiation of Corporate Insolvency Resolution Process [CIRP] against Haridwar Highway Project Limited [Corporate Debtor] admitted since financial debt and default thereon established.
ROC Chennai penalizes a company and its directors for not appointing key managerial personnel, imposing fines up to ₹5 lakh per defaulting officer.
SRA Systems Limited was not penalized for failing to file Form BEN-2 as the foreign shareholder was dissolved before the compliance date, absolving the company of liability.
Equalisation Levy on online ads and e-commerce ends from AY 2026-27. Know scope, rates, compliance, exemptions, and due dates under the levy provisions.
