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Notifications/Circulars

CBDT Orders Income Tax Offices to Remain Open on 31 March 2026 Despite Holiday

March 18, 2026 2007 Views 0 comment Print

The board directed offices to function on Mahavir Jayanti. The move ensures completion of financial year-end work without disruption.

FSSAI Clarifies ONDC Compliance Rules Due to Multi-Entity E-commerce Model

March 18, 2026 654 Views 0 comment Print

FSSAI has issued detailed guidelines dividing responsibilities between buyer and seller apps in the ONDC model. The order ensures accountability, food safety, and regulatory compliance in decentralized e-commerce transactions.

FEMA Adjudication Limits Revised to Expand Jurisdiction of Enforcement Officers

March 18, 2026 735 Views 0 comment Print

The government amended monetary limits for ED officers handling FEMA cases. It allows broader jurisdiction to improve efficiency in adjudication of foreign exchange violations.

CBDT Grants Sec 35 Research Approval to G.S.L. Medical College & General Hospital

March 18, 2026 381 Views 0 comment Print

The notification grants scientific research approval enabling donors to claim tax deductions under Section 35. It mandates strict compliance with reporting and certification requirements.

CGST Issues Advisory Warning Against Fake GST Officers Impersonating Tax Officials

March 17, 2026 663 Views 0 comment Print

The Bengaluru CGST zone cautioned taxpayers about individuals posing as GST officers. Taxpayers were advised to verify officer identity, authorization, and DIN before allowing inspections.

CBIC Issues Procedure for Export Cargo Returned Due to Strait of Hormuz Closure

March 17, 2026 3777 Views 0 comment Print

The customs authority clarified procedures for export cargo returning to Indian ports due to maritime disruptions. The circular prescribes verification, cancellation of export documents, and safeguards to prevent wrongful export incentive claims.

Penalty Imposed for Incorrect AOC-4 Filing Due to Certification Lapse

March 17, 2026 270 Views 0 comment Print

ROC imposed a ₹10,000 penalty for incorrect AOC-4 XBRL filing due to errors in attachments and certification. The ruling reinforces strict liability for accuracy in MCA e-forms.

Penalty Imposed for Incorrect AGM Date in MGT-7 Due to Clerical Error

March 17, 2026 261 Views 0 comment Print

The authority penalized the Managing Director for incorrectly reporting the AGM date in MGT-7. It held that even clerical errors violate Rule 8(3), attracting Section 450 where no specific penalty exists.

₹7.4 Lakh Penalty for Delay in Appointing Company Secretary Beyond Deadline

March 17, 2026 270 Views 0 comment Print

ROC imposed heavy penalty for failing to appoint a Company Secretary within six months. The ruling stresses strict adherence to Section 203 timelines.

Penalty Imposed for Failure to Hold Fourth Board Meeting Under Companies Act

March 17, 2026 294 Views 0 comment Print

The authority penalized the company for failing to hold the required fourth Board Meeting. It clarified that absence of a specific penalty provision attracts Section 450 as a residual penalty.

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