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IFSCA (Insurance Products and Pricing) Regulations, 2022

January 12, 2023 921 Views 0 comment Print

These regulations may be called the International Financial Services Centre Authority (Insurance Products and Pricing) Regulations, 2022.

Non-filing of Statutory Returns – MCA imposes penalty of ₹ 2860200

January 12, 2023 678 Views 0 comment Print

MCA imposes total penalty of Rs. 28,60,200 on ‘Bootmacro Informatics Private Limited’ and its directors for violation of Section 92 (non-filing of Annual Return) and 137 (non-filing of Financial Statement) of the Companies Act, 2013 for the financial year 2017-18, 2018-19, 2019-2020 & 2020-21. GOVERNMENT OF INDIA MINISTRY OF CORPORATE AFFAIRS OFFICE OF THE REGISTRAR […]

MCA imposes penalty of ₹ 1433600 for non-filing of Statutory Returns for 3 Years

January 12, 2023 687 Views 0 comment Print

MCA imposes total penalty of Rs. 14,33,600 on ‘Trimaz Machines Limited’ and its directors for violation of Section 92 (non-filing of Annual Return) and 137 (non-filing of Financial Statement) of the Companies Act, 2013 for the financial year 2018-19, 2019-2020 & 2020-21. GOVERNMENT OF INDIA MINISTRY OF CORPORATE AFFAIRS OFFICE OF THE REGISTRAR OF COMPANIES […]

Violation of section 92 & 137: MCA imposes penalty on Talent Steel Industries P. Ltd.

January 12, 2023 600 Views 0 comment Print

MCA imposes total penalty of Rs. 12,60,200 on ‘Talent Steel Industries Private Limited’ and its directors for violation of Section 92 (non-filing of Annual Return) and 137 (non-filing of Financial Statement) of the Companies Act, 2013 for the financial year 2017-18, 2018-19, 2019-2020 & 2020-21. GOVERNMENT OF INDIA MINISTRY OF CORPORATE AFFAIRS OFFICE OF THE REGISTRAR […]

MCA imposes penalty of ₹ 11,33,600 for violation of section 92 & 137

January 12, 2023 630 Views 0 comment Print

MCA imposes total penalty of ₹ 11,33,600 on ‘Aathma Green Farms Private Limited‘ and its directors for violation of Section 92 (non-filing of Annual Return) and 137 (non-filing of Financial Statement) of the Companies Act, 2013 for the financial year 2018-19, 2019-2020 & 2020-21. GOVERNMENT OF INDIA MINISTRY OF CORPORATE AFFAIRS OFFICE OF THE REGISTRAR OF COMPANIES […]

GST: Karnataka AAR allows withdrawal of application by TE Connectivity Services India Pvt. Ltd.

January 11, 2023 900 Views 0 comment Print

Whether subsidized deduction made from employees availing transportation or canteen services within office is supply under Section 7 of CGST Act

GST on subsidised transportation and canteen services to employees – AAR allows withdrawal of application

January 11, 2023 618 Views 0 comment Print

Whether the subsidised deduction made by the Applicant from the employees who are availing transportation services and / or canteen services within the factory would be considered as a ‘supply’ by the Applicant under the provisions of Section 7 of Central Goods and Service Tax Act, 2017 and Karnataka Goods and Service Tax Act, 2017.

SSAE 3000 – Assurance Engagements on Sustainability Information

January 11, 2023 4029 Views 0 comment Print

Sustainability Reporting Standards Board (SRSB) issues this Standard on Sustainability Assurance Engagements (SSAE) 3000, Assurance Engagements on Sustainability Information.

Implementation of Recommendations of 48th GST Council Meeting

January 10, 2023 1671 Views 0 comment Print

1. Reversal of ITC in case of non-payment of tax by the supplier by a specified date and mechanism for re-availment. Rule 37(1) of the CGST Rules is amended w.e.f 01.10.2022 to provide that a registered person, who fails to pay to the supplier, the amount towards the value of such supply (wholly or partly) along with […]

ROC penalises eligible company for not appointing Internal Auditor

January 10, 2023 2283 Views 0 comment Print

During the course of Inquiry, it is observed that Company is eligible company to appoint Internal Auditor but failed to do so as per the requirement Section 138 of the Companies Act, 2013 read with Rule 13 of the Companies (Accounts) Rules, 2014. As the turnover of the Company Exceeded 200 crores during the financial […]

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