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Notifications/Circulars

Company Law Non-Compliances- MCA Reduces Penalty from 14 Lakh to 2.80 Lakh

January 4, 2024 306 Views 0 comment Print

Explore the adjudication order under section 454(5) of the Companies Act, 2013, where Muthoottu Mini Nidhi Limited’s penalty for non-compliance is reduced to Rs. 2,80,000.

Corrigendum to Notification for Stichting Pension funds under section 10(23FE)

January 4, 2024 534 Views 0 comment Print

Stay informed on the latest tax changes! Explore the Corrigendum to Notification No.5/2024 by the Ministry of Finance. Analysis and impact covered in this update.

Income Tax Notification on Non-Resident Investment in Financial Products

January 4, 2024 1302 Views 0 comment Print

Explore the latest Income Tax Act amendment (Notification No. 04/2024) allowing non-residents to invest in financial products through International Financial Services Centres. Analysis of key provisions and impact on offshore banking. Learn about capital market intermediaries, financial products, and the International Financial Services Centre Act. Stay informed on tax implications and opportunities for non-resident investors.

DGFT Allocates 8606 MTRV Raw Cane Sugar to USA under TRQ Scheme 2024

January 3, 2024 381 Views 0 comment Print

Public Notice No. 36/2023- DGFT announces allocation of 8606 MTRV raw cane sugar to USA under TRQ scheme for the US fiscal year 2024. Details on conditions, certification, and implementation.

Amendment in Import Policy for Screws under HS Code 7318

January 3, 2024 7479 Views 0 comment Print

Explore the latest amendment in the Import Policy for screws under HS Code 7318 by the Government of India’s Ministry of Commerce & Industry. Notification No. 55/2023-DGFT dated 3rd January, 2024.

Venus Universal Ltd Penalized for Companies Act Section 92 Violation

January 3, 2024 579 Views 0 comment Print

Explore the adjudication order under Section 454 against Venus Universal Ltd for non-compliance with Section 92 of the Companies Act, 2013. Details, penalties, and consequences revealed.

Penalty Imposed on Typhoon Holdings Ltd for Late Financial Statement Filing

January 3, 2024 306 Views 0 comment Print

Explore the penalty order against Typhoon Holdings Limited for violating Section 137 of the Companies Act, 2013. Detailed analysis, findings, and consequences.

Maharashtra Govt notified provisions relating to GST on ‘Online Gaming’

January 3, 2024 588 Views 0 comment Print

Explore the implications of Maharashtra Goods and Services Tax (Second Amendment) Act, 2023. Understand the amendments, impact on online gaming, and transitory provisions.

Typhoon Holdings Ltd Penalized for late-filing of annual return

January 3, 2024 210 Views 0 comment Print

Learn about the adjudication order passed against Typhoon Holdings Ltd for non-compliance of Section 92 of the Companies Act, 2013. Detailed analysis provided.

MCA Imposes Penalty on Company & Directors for Violating Section 135(5) of Companies Act, 2013

January 3, 2024 1440 Views 0 comment Print

Read about the penalty imposed on AECOM India Pvt Ltd and its directors by the Ministry of Corporate Affairs for violating section 135(5) of the Companies Act, 2013

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