CBDT shifts CGST functions to Superintendents of Central Tax. Circular No. 223/17/2024-GST details changes for registration and composition levy.
Explore Notification No. 14/2024-Central Tax exempting GST registered persons with turnover up to Rs. 2 crores from filing annual returns for FY 2023-24.
The Ministry of Corporate Affairs imposes penalties on Water and Sanitation for Urban Poor (India) for failing to comply with director residency requirements.
CBDT directs DGIT (Systems) to share income tax information with Telangana’s Agriculture Department as per Section 138(1)(a) of the Income-tax Act, 1961.
Explore GST applicability on recovery of retention bonus, joining bonus, work from home allowance and tuition assistance under Fidelity Information Services India Pvt. Ltd. ruling.
SEBI issues guidelines for AIFs on dissolution periods, additional liquidation, and in-specie distribution. Detailed compliance requirements for schemes.
Lantiq Communications India Pvt Ltd faces penalties for CSR non-compliance under Sections 134 and 135 of the Companies Act. Penalties for directors include ₹1,00,000 each.
Water and Sanitation for Urban Poor NGO penalized for non-compliance with board meeting requirements from 2011 to 2019. Detailed adjudication order inside.
Company earned over 10% of turnover from a related party but failed to get shareholder approval, violating section 188. MCA imposes a penalty.
Tablespace Technologies fined ₹1,00,000 for failing to disclose director’s interests as required by Section 184 of the Companies Act.