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Penalty Imposed on Ingeteam India Pvt Ltd for CSR Violation

October 3, 2024 1728 Views 0 comment Print

Ingeteam India Pvt Ltd faces penalty for failing to comply with CSR obligations under Section 135 of the Companies Act, 2013.

RTI Act doesn’t mandate public authorities to provide opinions on Reliance Big FM’s acquisition

October 3, 2024 621 Views 0 comment Print

The RTI appeal by Unni Gorla regarding Reliance FM’s acquisition was dismissed as the queries did not meet the RTI Act’s information criteria.

Possession of Multiple DIN: MCA imposes penalty of Rs. 19.51 Lakh

October 3, 2024 7773 Views 0 comment Print

Details of adjudication against Mrs. Anubama for violating Section 155 of the Companies Act, 2013, resulting in a penalty of ₹19,51,000.

Revision of rate of TDS deduction on Agents Commission w.e.f 01.10.2024

October 1, 2024 22668 Views 1 comment Print

TDS on agents commission reduced from 5% to 2% as per the Finance Bill 2024. New rate effective from October 1, 2024, under Section 194H of Income Tax Act.

Revised Small Savings Schemes Interest Rates for October to December 2024

September 30, 2024 19683 Views 0 comment Print

The Government of India keeps interest rates unchanged for Small Savings Schemes for Q3 FY 2024-25, effective from October 1 to December 31, 2024.

Penalty Imposed on Auditor for improper classification & disclosure of financial statements

September 30, 2024 3201 Views 0 comment Print

CA Raju Mal Bardia fined ₹20,000 for failing to comply with auditing standards under the Companies Act, 2013 regarding Olympus Vanijya Private Limited.

MCA Imposes Penalty for Omission of DIN in Financial Statements & Directors’ Report

September 30, 2024 1257 Views 0 comment Print

Khattu Housing Solutions Pvt Ltd faces ₹1 lakh penalty for violating Section 158 of Companies Act, 2013, as per ROC Kolkata order. Appeal within 60 days.

ICAI Penalizes CA for Violating Schedule VI, CARO Norms & Audit Disclosure Requirements

September 30, 2024 2400 Views 0 comment Print

CA Gaurav Kumar Bedi found guilty of professional misconduct by ICAI’s Disciplinary Committee, resulting in a one-year membership suspension and a Rs. 1,00,000 fine for audit failures.

Extension of WBGST Audit Deadline in West Bengal

September 30, 2024 921 Views 0 comment Print

West Bengal extends WBGST audit completion deadline to October 30, 2024, for cases commenced between July 1 and July 30, 2024.

 ICAI Punishes CA for failing to verify genuineness of sale transactions

September 30, 2024 861 Views 0 comment Print

ICAI Disciplinary Committee has removed CA. Gaurav Kumar Bedi from its register for one year and imposed a ₹1,00,000 fine for professional misconduct in his audit of a company.

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