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Non-Appointment of Wholetime Director: MCA Imposes Rs. 11 Lakh Penalty

December 6, 2023 17772 Views 0 comment Print

MCA has levied a substantial penalty of Rs. 11 lakh on Sylph Technologies Limited for failing to appoint a whole-time director.

Issue of GST on Preferential Location Charges (PLC) not fall under CCI purview

December 6, 2023 1140 Views 0 comment Print

Competition Commission of India’s ruling on GST implications for Preferential Location Charges (PLC) in the Sudhir Kumar Jain Vs DLF Limited case.

NFRA penalises and debarred auditor for lapses in DHFL audit

December 5, 2023 2454 Views 0 comment Print

NFRA issues Order under Section 132(4) of Companies Act, 2013 against CA Jignesh Mehta for lapses in DHFL audit. Penalties imposed and sanctions applied.

Income Tax Insights 2022-23: Returns, Collections and Expenditure

December 5, 2023 1500 Views 0 comment Print

Introduction: Lok Sabha Unstarred Question No. 87, presented by Shrimati Mala Roy, probes into crucial aspects of India’s Income Tax scenario for the Financial Year 2022-23. The question seeks information on the percentage of people filing returns, the total income tax collected, and the annual plan and non-plan expenditure of the Income Tax Department. Detailed […]

Analysis of GST Collections: FY 2022-23 Insights and Reforms

December 5, 2023 1899 Views 0 comment Print

Dive into the details of India’s GST collections for FY 2022-23. Uncover factors affecting figures, pending claims, and government initiatives for recovery and reform

Default in filing of Financial Statements: MCA Imposes Penalty

December 5, 2023 17865 Views 0 comment Print

Explore MCAs penalty on Purplehues for default in filing financial statements. Understand the violation, penalties, and implications under Section 137 of the Companies Act, 2013.

Company not maintained Minimum Number of Directors: MCA Imposes Penalty

December 5, 2023 3855 Views 0 comment Print

Government of India penalizes Purplehues Sunny Communication for not meeting minimum director requirements. Analysis of Section 149 violations and imposed penalties.

Consultation Paper on Framework for Quality Assurance in Real Estate Projects

December 4, 2023 903 Views 0 comment Print

MahaRERA seeks suggestions on a framework for quality assurance in real estate projects. Learn about the proposal, international examples, and the need for a proactive approach

Streamlined Procedure for Reactivation of Auto-Rejected Food Licenses

December 4, 2023 984 Views 0 comment Print

Discover the latest FSSAI order enhancing ease of doing business in the food industry. Learn about self-reactivation of rejected licenses and its impact. Stay compliant

CCI Clears Survey of India in LED Plotter Procurement Case

December 4, 2023 630 Views 0 comment Print

Competition Commission of India’s decision on XYZ vs. Survey of India. Allegations, examination, and conclusion on Section 3 of the Competition Act in LED Plotter procurement.

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