Learn about rectifying mistakes in income tax orders under Section 154, including types of rectifiable orders, responsible authorities, and time limits.
Understand key reporting requirements for Tax Audit Reports under Sections 44AA and 44AB, including forms, clauses, and disclosures for accurate compliance.
Govt of India updates SCOMET Appendix 3 in ITC (HS) for 2024. New regulations effective 30 days from September 2, 2024, available on DGFT portal.
Adjudication order penalizing auditor Shri Amresh Kumar for non-compliance in audit reports of PPS Export & Import Pvt Ltd under Section 143 of the Companies Act, 2013.
PPS Export and Import Pvt Ltd faces Rs. 9 lakh penalty for missing Director’s Identification Number in financial statements under Section 158 of the Companies Act, 2013.
The MCA has fined CA Pankaj Kumar Rs. 10,000 for failing to report violations in the audit of PPS Export and Import Pvt. Ltd., covering FY 2018-19 and 2020-21.
Notification No. 24/2024-Central Excise exempts Petrol and Diesel exports to Bhutan from the Road and Infrastructure Cess (RIC).
The Ministry of Finance exempts Petrol and Diesel exports to Bhutan from Special Additional Excise Duty as per Notification No. 23/2024-Central Excise.
The Ministry of Finance exempts Aviation Turbine Fuel (ATF) exports to Bhutan from Special Additional Excise Duty via Notification No. 22/2024-Central Excise.
The ROC issued a penalty to Mazhil Nidhi Limited for non-compliance with Section 134(1) of the Companies Act. Key details of the order are summarized.