The ROC imposed penalties on a Nidhi company and its Managing Director for non-filing of financial statements under Section 137(3) of the Companies Act, 2013.
Provisional list of audit firms of listed companies yet to file NFRA-2 for 2023-24. Filing deadline was 30.11.2025; fines apply for non-compliance.
Understand the mandatory GST compliances when closing a business, including return filing and tax on stock. The guidance clarifies liability calculation and procedural requirements.
This explains the structured process for appointing audit firms, highlighting strict eligibility conditions and evaluation methods. It clarifies that only qualified, experienced firms meeting all criteria are considered, ensuring transparency and quality in audit selection.
The consultation highlights that existing net worth calculations based on retained client funds are no longer effective. A revised framework is proposed to better reflect broker risk exposure and ensure investor protection.
Government revises AIR of duty drawback for gold and silver jewellery under Notification 41/2026-Customs (N.T.) dated April 24, 2026.
Failure to attach share transfer details in the annual return resulted in penalties under the residuary provision. The ruling highlights that even minor filing omissions can trigger statutory penalties.
Failure to maintain a separate bank account for private placement led to penalties equal to the funds raised. The ruling clarifies strict compliance under Section 42(6) and limits penalty to the lower of ₹2 crore or the amount raised.
The Authority held that information accessible on official websites need not be reproduced under RTI. The appeal was disposed of as the response had already been provided, though delayed.
The GST portal launches an Excel-based IMS Offline Tool to help taxpayers efficiently manage and process invoices. It enables bulk actions, reduces manual effort, and improves compliance accuracy through structured validation and upload features.
