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GST Council Newsletter for February, 2024

March 26, 2024 1401 Views 0 comment Print

Discover insights from the recent GST Council conference, combating tax evasion, revenue growth, and strategies for fraud prevention. Stay informed with our detailed analysis.

Related Party Transactions not disclosed: MCA imposes ₹10.5 Lakh Penalty

March 25, 2024 3825 Views 0 comment Print

MCA penalizes M/s Anmol Ferro Impex Private Limited for failing to disclose related party transactions of directors and MCA imposes ₹10.5 Lakh Penalty

HC Quashes GST Order As Section 74 SCN was vague

March 23, 2024 16311 Views 0 comment Print

Analyzing the judgment of Madhya Pradesh High Court in the case of Durge Metals vs. Appellate Authority & Joint Commissioner, State Tax, concerning GST Act violations.

Budhimai India Contractors: Penalty Imposed for Non-filing of Annual Returns

March 22, 2024 288 Views 0 comment Print

Learn about the penalty imposed on Budhimai India Contractors for not filing annual returns under Section 92(4) of the Companies Act, 2013.

₹13.92 lakh Penalty Imposed on Amara Raja Media for delay in CS Appointment

March 22, 2024 210 Views 0 comment Print

Amara Raja Media faces a ₹13.92 lakh penalty for delayed appointment of a Company Secretary, violating Section 203 of the Companies Act, 2013.

Annual return Non-filing – Section 92(4) Violations: Penalties Imposed

March 21, 2024 408 Views 0 comment Print

Understand the adjudication proceedings under Section 92(4) of the Companies Act, 2013 against M/s. North Star Construction Private Limited and its directors.

Failure to disclose nature of impairment loss (Impaired Asset): MCA imposes Penalty

March 21, 2024 297 Views 0 comment Print

Sai Silks (Kalamandir) Limited and its officers fined ₹40,000 for failing to disclose impairment loss details, violating Section 133 of the Companies Act, 2013.

Advisory: Temporary Suspension of IGST/RoDTEP/RoSCTL/Drawback Scrolls

March 19, 2024 2346 Views 0 comment Print

CBIC issues advisory suspending scrolls for IGST refund, RoDTEP, RoSCTL, and Drawback temporarily. Details and implications explained.

Empanelment of CA Firms as Concurrent Auditors with IDBI Bank

March 16, 2024 13710 Views 0 comment Print

Apply now to become a Concurrent Auditor for IDBI Bank. Eligible CA firms invited. Know the criteria, documents needed, and application process.

New Quality Control Order 2024 for Footwear Materials

March 15, 2024 1563 Views 0 comment Print

Read about the Ministry of Commerce and Industry’s new Quality Control Order 2024 regarding footwear materials. Know its impact on manufacturers and importers.

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