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Overstatement of profits: NFRA imposes Rs. 5 Lakh Penalty on Auditors of Vikas WSP Limited

April 23, 2024 13614 Views 0 comment Print

Dive into the NFRA order against M/s S. Prakash Aggarwal & Co., revealing professional misconduct in auditing Vikas WSP Limited for FY 2019-20. Analysis, penalties, and implications discussed.

RBI Circular: Small Finance Banks Allowed Rupee Interest Rate Derivatives

April 23, 2024 855 Views 0 comment Print

Read RBIs latest circular allowing Small Finance Banks to deal in rupee interest rate derivatives for hedging risks. Immediate effect.

Government Extends Halal Certification Process Deadline

April 23, 2024 798 Views 0 comment Print

Notification 08/2023 by DGFT extends Halal Certification Bodies accreditation and export units registration deadline to July 4, 2024. Details here.

CBDT Circular No. 6/2024: Relief for TDS Deductors on PAN-Aadhar Linkage

April 23, 2024 83397 Views 4 comments Print

Learn about CBDT Circular No. 6/2024 offering relief to TDS deductors for transactions up to March 31, 2024, when PAN becomes operative by linking with Aadhar. Details & implications.

91 days delay in filing Financial Return: MCA imposes Penalty of Rs. 3,32,000

April 23, 2024 846 Views 0 comment Print

Learn about the penalty imposed by the Ministry of Corporate Affairs on Snap Fitness (India) Pvt Ltd for a 91-day delay in filing financial returns under Section 137 of the Companies Act, 2013.

Delay in filing Annual Return: MCA imposes Penalty of Rs. 112600

April 23, 2024 816 Views 0 comment Print

Explore the penalty imposed by the Ministry of Corporate Affairs on Snap Fitness (India) Pvt. Ltd. for violating Section 92 of the Companies Act, 2013. Learn about the implications and response.

Cross Margin benefits for offsetting positions having different expiry dates

April 23, 2024 831 Views 0 comment Print

Explore the latest SEBI circular on cross margin benefits for offsetting positions with different expiry dates, impacting stock exchanges and clearing corporations.

Notification under Section 80G(2)(b) for Shree Ramanuj Kot Trust Indore

April 23, 2024 3189 Views 0 comment Print

Explore the notification under section 80G(2)(b) of the Income Tax Act 1961 for Shree Ramanuj Kot Trust in Indore. Details of validity and implications provided.

Less than Minimum Directors, More than 120 days GAP in Board meeting: MCA Imposes Penalty

April 23, 2024 1779 Views 0 comment Print

Order issued to CMR Surgical Pvt Ltd for violations of Companies Act, 2013. Details on penalties for non-compliance with sections 149 and 173.

Customs Instruction No. 09/2024: Extension for Ortho-phosphoric Acid

April 22, 2024 966 Views 0 comment Print

Under Instruction No. 09/2024-Customs, learn about the extension period for Ortho-phosphoric Acid exempted from BIS Standard IS 798:2020. Details & analysis

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