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MCA levied ₹10 Lakh Penalty for Related Party Income Over 10% Without Approval

July 9, 2024 19716 Views 0 comment Print

Company earned over 10% of turnover from a related party but failed to get shareholder approval, violating section 188. MCA imposes a penalty.

Non-Disclosure of Related Party Transactions: MCA Imposes Penalty

July 9, 2024 2781 Views 0 comment Print

Tablespace Technologies fined ₹1,00,000 for failing to disclose director’s interests as required by Section 184 of the Companies Act.

GST on vehicle services on per kilometer basis: AAR allows Application withdrawal

July 9, 2024 285 Views 0 comment Print

Explore the detailed analysis of the GST AAR Karnataka ruling on M/s. T S Transport. Understand the implications and decision under CGST Act 2017.

GST on drawings by sub-consultants: AAR allows Application withdrawal

July 9, 2024 333 Views 0 comment Print

Discover the analysis of the GST AAR Karnataka ruling on M/s. Studio 30 Architects & Planners. Understand the implications of withdrawal under CGST Act 2017.

GST on body built on chassis: AAR allows withdrawal of Application

July 9, 2024 267 Views 0 comment Print

Explore the implications of the GST AAR Karnataka ruling on KMS Coach Builder Private Limited’s withdrawal of their application. Understand the GST rate controversy and its resolution.

Why Share Market Live Updates are Essential for New Investors

July 9, 2024 1005 Views 0 comment Print

New investors can feel the stock market is chaotic and unpredictable. Share prices fluctuate constantly, reacting to news events, earnings reports, economic data, and investor sentiment.

SEBI Circular: Prudential Norms for Passive Schemes’ Exposure to Sponsor Group Companies

July 8, 2024 1119 Views 0 comment Print

Explore SEBIs latest circular on streamlining prudential norms for Mutual Fund schemes’ investments in sponsor group companies. Understand the implications and compliance requirements.

SEBI (Issue and Listing of Non-Convertible Securities) (Amendment) Regulations, 2024

July 8, 2024 2901 Views 0 comment Print

SEBI amends the Issue and Listing of Non-Convertible Securities Regulations, 2024. Key changes include record date fixation and due diligence requirements.

Weekly newsletter from Chairman, CBIC dated 08/07/2024

July 8, 2024 693 Views 0 comment Print

Explore highlights from CBICs July 2024 newsletter on GST Council updates and successful customs operations at Delhi and Chennai airports.

Failure to include DIN in documents summitted with ROC: MCA levied Penalty

July 8, 2024 1338 Views 0 comment Print

Siply Services fined for failing to comply with Section 158 of the Companies Act. Penalties applied to the company and its director for non-compliance.

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