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CBDT Guidelines/Instruction on Jewellery

May 11, 1994 7257 Views 0 comment Print

Central Board of Direct Taxes has Issued/Guidelines/Instruction No. 1916 Dated 11th May, 1994 In the Matter of Seizure of Jewellery, Which Reads as follows: Instances of seizure of jewellery of small quantity in the course of operation under section 132 have come to the notice of the Board. The question of a common approach to […]

Violation of Section 42(6) of Companies Act: MCA imposes Penalty of Rs. 2 Crores

May 18, 0223 6405 Views 0 comment Print

MCA penalizes Excel Vehicles Pvt. Ltd. Rs. 2 crores for Section 42(6) breach. Detailed analysis of the violation, penalties, and compliance directives.

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