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MCA imposes penalty for holding directorships in violation of Section 165

March 20, 2024 20634 Views 0 comment Print

Explore the adjudication order by the Registrar of Companies, Tamil Nadu, Chennai, imposing a penalty on Mr. B. Kannan for holding directorships in violation of Section 165 of the Companies Act, 2013.

Direct Tax Collections Surge: FY 2023-24 Records Remarkable Growth

March 20, 2024 5403 Views 0 comment Print

Ministry of Finance reveals impressive growth in India’s direct tax collections for FY 2023-24, with net collections up by 19.88%, advance tax collections soaring by 22.31%, and refunds witnessing a substantial increase.

Instructions to AO’s for initiating section 147 proceedings in I.T. e-Verification cases

March 19, 2024 9219 Views 0 comment Print

Learn how to initiate proceedings under section 147 of the IT Act in e-Verification cases. Detailed instructions for Assessing Officers provided.

ICAI announces revised schedule of CA Examinations, May 2024

March 19, 2024 17070 Views 0 comment Print

Stay informed about the rescheduled Chartered Accountant Examinations for May 2024. Check out the new dates and important details. Stay updated with ICAI.org

249 days delay in KMP appointment: MCA Imposes Penalty of Rs. 19.13 Lakh

March 19, 2024 6849 Views 0 comment Print

Discover penalty imposed by MCA on Mawana Foods Pvt Ltd for a 249-day delay in appointing a Key Managerial Personnel (KMP) under Section 203 of Companies Act, 2013.

Income Tax Offices throughout India Shall Remain Open on 29th-31st March 2024

March 18, 2024 5082 Views 0 comment Print

Government order mandates Income Tax Offices open on 29th, 30th, and 31st March 2024 to facilitate pending work. Details under section 119 of the Income-tax Act, 1961.

GST on Contributions to Housing Societies

March 16, 2024 11037 Views 2 comments Print

Explore the implications of GST on contributions to housing societies. Learn about exemptions, liability on corpus funds, and taxation on common area electricity charges.

Google’s App Store Monopoly: Unfair Practices Under CCI Scrutiny

March 16, 2024 2277 Views 0 comment Print

Explore the Competition Commission of Indias detailed analysis of People Interactive India Private Limited vs. Alphabet Inc. over Googles alleged monopolistic practices in app store payment policies.

Empanelment of CA Firms as Concurrent Auditors with IDBI Bank

March 16, 2024 13752 Views 0 comment Print

Apply now to become a Concurrent Auditor for IDBI Bank. Eligible CA firms invited. Know the criteria, documents needed, and application process.

Madras HC Directs YouTuber To Pay Rs 50 Lakh Compensation

March 16, 2024 3984 Views 0 comment Print

Madras High Court directs YouTuber to pay Rs 50 lakh compensation for posting defamatory video falsely linking an organization to a crime. Analysis of the landmark judgment.

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