Detailed analysis of MCA’s action against Shri Lal Mahal Infrastructure Pvt. Ltd. for not mentioning CIN on their board report & AGM notice. Insights on penalties and consequences.
Singh Packwell Pvt. Ltd. faces penalties for violating Sections 12(1), 12(3)(c), and 12(4) of the Companies Act, 2013 due to incorrect registered office address.
Discover the latest Income Tax update! A new Challan Correction feature on e-filing portal simplifies rectifying tax errors for A.Y. 2020-21 onwards. Learn more.
Introduction: In a significant move towards ensuring financial transparency and accountability, the Ministry of Corporate Affairs (MCA) has recently imposed a penalty on an auditor for their failure to report dealings in specified bank notes. The penalty was issued through Order No. ROC/PAT/ Inquiry/13665/834 on August 18, 2023. This order provides valuable insights into regulatory […]
Allahabad High Court quashes Section 263 order and imposes cost of Rs 10,000 on PCIT for lack of proper opportunity. Analysis of the judgment in M.L. Chains Vs PCIT case.
NFRA Penalized Auditors of Tanglin Developments Ltd for Lapses in Professional Judgment, Unreported Irregularities and Tampering with the Audit File
Explore the statutory provisions, instructions, and challenges surrounding the refund of excess balance in the electronic cash ledger under GST Law in India.
Karnataka Tax Practitioners seek GST amnesty for 2017-2020, addressing issues like penalties, interest, and Seamless ITC rights. Read the full request
Introduction: Circular No. 15 of 2023, issued by the Central Board of Direct Taxes, offers comprehensive insights into the intricate details of the guidelines under Clause (10D) of Section 10 within the framework of the Income-tax Act, 1961. This circular takes an in-depth look at the recent amendments, critical provisions, and exemptions associated with sums […]
A comprehensive guide to various scenarios and solutions for belated, revised, defective Income Tax Returns for FY 2022-23, including penalties and provisions under the Income Tax Act.
