MCA penalizes Sunjin India Feeds Private Limited Rs. 14 lakh for not filing e-Form BEN-2, violating Section 90(4) of the Companies Act, 2013.
The facts of case reveal that Ambium Finserve issued debentures on a private placement basis without completing first allotment, which constitutes a violation of Section 42(5).
Reflektion Media Software (India) penalized ₹12 lakh for non-compliance with Section 134(3) of the Companies Act, 2013. Directors also fined.
The Ministry of Finance, through the Central Board of Direct Taxes (CBDT), issued Notification No. 44/2024-Income-Tax on May 24, 2024, detailing the Cost Inflation Index (CII) for the financial year 2024-25 i.e. Assessment Year 2025-26. This notification was made in exercise of the powers granted by clause (v) of the Explanation to section 48 of […]
Explore significant GST case laws from May 2024 edition covering issues like limitation period, penalty imposition, adjournment proceedings, and more.
Discover the Supreme Court’s ruling on ICAI’s 60 tax audits limit per Chartered Accountant, its implications, and future impact on the accounting profession.
MCA penalizes Best & Crompton Engineering Projects Ltd. Rs. 16 lakh for delayed Secretarial Audit Report submission. Read the full adjudication order details.
MCA imposes penalty on LinkedIn India for violation of Sections 89 & 90 of the Companies Act. Detailed analysis of the case and penalties imposed.
Canara Bank invites application for empanelment as Concurrent Auditors for conducting Concurrent / Continuous Audit for the period from 01.07.2024 to 30.06.2025. Last date to apply on or before 04.06.2024
ICAI Board: Bansal’s objections addressed; sufficient evidence—call transcripts, forensic reports—establish his involvement in fake entries. Conduct deemed unbecoming of a CA, failing ethical standards.
