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Notifications/Circulars

Delay in submission of MSME Form I: MCA Imposes Rs. 11.67 Lakh Penalty

November 15, 2023 25260 Views 0 comment Print

Read about the penalty imposed by MCA on Samsung R&D for delayed submission of MSME Form I. Detailed analysis, penalties, and key insights provide

MCA Imposes Rs. 3.5 Lakh Penalty for Delay in MGT-14 Filing for Loan Resolution

November 15, 2023 13290 Views 0 comment Print

Discover the consequences faced by Stanley OEM Sofas Limited for delaying MGT-14 filing, leading to a hefty Rs. 3.5 Lakh penalty imposed by the MCA. Get insights into the violation, adjudication process, and the Registrar of Companies order

Revised SFT Submission Process for Mutual Fund Transactions

November 15, 2023 6126 Views 0 comment Print

Revised Format, Procedure and Guidelines for submission of Statement of Financial Transaction (SFT) for Mutual Fund Transactions by Registrar & Share Transfer Agent as per Notification No. 4 of 2021. Find out data field types, DQ rules & file formats mandated by CBDT.

Revised Procedure for submission of SFT for Depository Transactions

November 15, 2023 4200 Views 0 comment Print

Understand revised format, procedure & guidelines for submission of Statement of Financial Transactions for Depository Transactions. Now required to be submitted as half-yearly basis instead of quarterly. Notification No. 3 of 2021 explains changes.

RBI Directive: Amendments to UNSC’s Terrorism Sanctions List

November 15, 2023 471 Views 0 comment Print

Explore RBI’s directive on amendments to UNSC’s terrorism list, detailing changes to individuals and entities. Ensure compliance with updated sanctions.

Understanding ITC Reversal: Rule 37(A) Compliance Guide

November 14, 2023 29553 Views 0 comment Print

Rule 37(A) of CGST Rules! Learn about ITC reversal obligations, deadlines, and process. Team GSTN provides essential guidance for taxpayers.

Online Compliance Advisory: ITC Mismatch Resolution with GST DRC-01C

November 14, 2023 8625 Views 0 comment Print

Advisory on how to resolve Input Tax Credit (ITC) mismatches between GSTR-2B and GSTR-3B using new GST DRC-01C. Take action to avoid filing disruptions!

Draft IRDAI (Expenses of Management, Including Commission, of Insurers) Regulations, 2023

November 14, 2023 897 Views 0 comment Print

IRDAI’s Exposure Draft on Expenses of Management Regulations 2023, aiming to enhance insurers’ efficiency and optimize resources for policyholder benefits.

Revisions to Senior Citizen’s Savings, National Savings Time Deposit & PPF Schemes

November 14, 2023 1878 Views 0 comment Print

Explore the impact of SB Order No. 22/2023 on Senior Citizen’s Savings Scheme, National Savings Time Deposit Scheme, and Public Provident Fund Scheme. Detailed analysis and changes outlined.

Failure to maintain Register of Charges in Form No. CHF-7 – MCA imposes 10.50 Lakh Penalty

November 13, 2023 1281 Views 0 comment Print

Government of India penalizes Holitech India with ₹10.50 Lakh for violating Companies Act, 2013. Failure to maintain charges in Form CHG.7 leads to penalties.

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