Navasree A.M
Navasree A M, B.B.A., LL.B. (Hons), a lawyer with over 2.5 years of experience as a researcher and content writer at Taxscan, specializing in Indirect Taxes and Corporate Laws.
![No Interest and Penalty shall Leviable on Late Excise Duty Payment for Duty Exempted Goods: Gauhati HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/Gauhati-High-Court-Excise-Duty-Payment-Late-Excise-Duty-Payment-Excise-Duty-taxscan.jpg "No Interest and Penalty shall Leviable on Late Excise Duty Payment for Duty Exempted Goods: Gauhati HC [Read Order]")
No Interest and Penalty shall Leviable on Late Excise Duty Payment for Duty Exempted Goods: Gauhati HC [Read Order]
In a recent ruling, the Gauhati High Court decided that interest and penalty cannot be levied for late payment of excise duty on goods which are...
![Challenges GST Liability Intimation on Seigniorage Fee Paid to Government: Madras HC Demands Reply for Intimation within 4 Weeks [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/Challenges-GST-Liability-Fee-Paid-to-Government-Madras-HC-Demands-TAXSCAN.jpg "Challenges GST Liability Intimation on Seigniorage Fee Paid to Government: Madras HC Demands Reply for Intimation within 4 Weeks [Read Order]")
MCA imposes Rs. 1.42L Penalty on Company and Directors for Non-Compliance with Registered Office Requirement [Read Order]
A Company and its directors were imposed with Rs. 1.42 lakhs penalty for non-compliance with the registered office requirement under Section 12 of the Companies Act, 2013. The Ministry of Corporate...
ICAI Penalizes CA for 21 Professional Misconducts: 3-Month Debarment and Rs. 1 Lakh Fine Imposed [Read Order]
The Institute of Chartered Accountants of India ( ICAI ) has imposed a 3 months debarment and Rs. 1 lakh fine on Chartered Accountant ( CA ) who committed 21 professional misconducts under several...
Non-Maintenance of Registered Office: MCA imposes Penalty of Rs. 4L, Directors to Pay from Personal Income [Read Order]
The Ministry of Corporate Affairs ( MCA ) levied a fine of Rs. 4 lakhs on companies and their directors for failure to maintain a registered office. The penalty was imposed by the Registrar of...
ICAI Debars CA for 1 month over Misconduct in UDIN Generation Prematurely, Claims Breach of Trust by another CA [Read Order]
The Disciplinary Committee of the Institute of Chartered Accountants of India ( ICAI ) debarred the Chartered Accountant ( CA ) for 1 month over misconduct in UDIN Generation. The CA claimed that...
ICAI reprimands CA Failing to Disclose SARFAESI Action, Misrepresents Company's Litigation Status in Audit Report [Read Order]
The Institute of Chartered Accountants of India ( ICAI ) reprimanded a Chartered Accountant ( CA ) for failing to disclose the litigation status of a company in the audit report. Despite being aware...
CBDT notifies Income Tax Exemption to “Tamil Nadu Water Supply and Drainage Board, Chennai” u/s 10(46) [Read Notification]
The Central Board of Direct Taxes ( CBDT ) Grants Income Tax Exemption to Tamil Nadu Water Supply and Drainage Board, Chennai Under Section 10(46) of Income Tax Act, 1961 The following income of...
![CBDT notifies Income Tax Exemption to “Tamil Nadu Water Supply and Drainage Board, Chennai” u/s 10(46) [Read Notification]](https://www.taxscan.in/wp-content/uploads/2024/05/CBDT-Chennai-Under-Section-1046-of-Income-Tax-Act-Income-Tax-Act-The-Central-Board-of-Direct-Taxes-Taxscan.jpg "CBDT notifies Income Tax Exemption to “Tamil Nadu Water Supply and Drainage Board, Chennai” u/s 10(46) [Read Notification]")