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

October 3, 2024 297 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 4635 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 17262 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 18483 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 2187 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 651 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.

Extension of WBGST Audit Deadline in West Bengal

September 30, 2024 417 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 Suspends CA for Misconduct Involving Forged Documents & Disproportionate Assets

September 25, 2024 5550 Views 0 comment Print

ICAI suspends CA T.M. Jeyachandran for 30 days due to misconduct related to forged documents and involvement in a disproportionate assets case.

ICAI Fines CA for Failing to Obtain NOC Before Engagement

September 25, 2024 2445 Views 0 comment Print

ICAI fines CA Vijaya Mohan Valiathan Rs. 10,000 for failing to obtain a No Objection Certificate from previous auditor before accepting an engagement.

ICAI suspends CA for backdating resignation letter

September 25, 2024 4563 Views 0 comment Print

The Board of Discipline found CA K M Ramakrishnan guilty of misconduct, leading to a 15-day suspension for backdating his resignation letter.

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