![GDR Manipulation: SEBI fines KSS, two of its Directors Rs 14.1 crore [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/01/GDR-manipulation-SEBI-KSS-Taxscan.jpeg "GDR Manipulation: SEBI fines KSS, two of its Directors Rs 14.1 crore [Read Order]")
GDR Manipulation: SEBI fines KSS, two of its Directors Rs 14.1 crore [Read Order]
The Security Exchange Board of India(SEBI) on Monday imposed a total fine of Rs. 14.1 crore on K Sera Sera Ltd. (KSS) and two others involved for...
![Mere low declaration of Income by Creditors is no ground to make the addition in respect of Unexplained Cash Credit: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/01/Mere-low-declaration-Income-by-creditors-Unexplained-cash-credit-ITAT-Taxscan.jpg "Mere low declaration of Income by Creditors is no ground to make the addition in respect of Unexplained Cash Credit: ITAT [Read Order]")
![GST: Gujarat High Court issues notices to Govt over constitutional validity of the proviso to Section 50 of CGST Act, 2017 [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/01/Gujarat-High-Court-notices-Government-constitutional-validity-of-the-proviso-Section-50-of-CGST-Act-Taxscan.jpg "GST: Gujarat High Court issues notices to Govt over constitutional validity of the proviso to Section 50 of CGST Act, 2017 [Read Order]")
![Relief to RayBan: ITAT deletes adjustments made by TPO on account of ALP of AMP expenses [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/01/RayBan-ITAT-AMP-expenses-ALP-Taxscan.jpg "Relief to RayBan: ITAT deletes adjustments made by TPO on account of ALP of AMP expenses [Read Order]")
![Relief to Hindustan Coca Cola: ITAT deletes additions of Rs. 20.89 Lakhs on account of passing of the expiry date of product [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/01/Relief-Hindustan-Coca-Cola-ITAT-expiry-date-of-product-taxscan.jpg "Relief to Hindustan Coca Cola: ITAT deletes additions of Rs. 20.89 Lakhs on account of passing of the expiry date of product [Read Order]")
MCA notifies Procedure for Disposal of Application for Conversion of Public Company into Private in case of Objection [Read Notification]
The Ministry of Corporate Affairs (MCA) notified the procedure for Disposal of application for conversion of a public company into private in case of objection by RD. The MCA notified the...
![MCA notifies Procedure for Disposal of Application for Conversion of Public Company into Private in case of Objection [Read Notification]](https://www.taxscan.in/wp-content/uploads/2021/01/MCA-Procedure-for-Disposal-conversion-of-public-company-into-private-Taxscan.jpg "MCA notifies Procedure for Disposal of Application for Conversion of Public Company into Private in case of Objection [Read Notification]")
GST: Bombay High Court dismisses pleas of Directors seeking to quash criminal proceedings for allegedly creating fake invoices to evade Tax liabilities [Read Order]
The Bombay High Court dismissed pleas of Directors seeking to quash criminal proceedings for allegedly creating fake invoices to evade tax liabilities. The directors of Ganraj Ispat Private...
![GST: Bombay High Court dismisses pleas of Directors seeking to quash criminal proceedings for allegedly creating fake invoices to evade Tax liabilities [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/01/Bombay-HC-dismisses-pleas-of-Directors-seeking-to-quash-criminal-proceedings-for-allegedly-creating-fake-invoices-to-evade-tax-liabilities.jpeg "GST: Bombay High Court dismisses pleas of Directors seeking to quash criminal proceedings for allegedly creating fake invoices to evade Tax liabilities [Read Order]")
New provision for Extension of period of company name reservation to be effective from 26 January, 2021: MCA [Read Notification]
The Ministry of Corporate Affairs (MCA) notified that extension of the period of company name reservation wherein registrar empowered to extend period by 60 days for name reserved under rule 9 using...
![New provision for Extension of period of company name reservation to be effective from 26 January, 2021: MCA [Read Notification]](https://www.taxscan.in/wp-content/uploads/2021/01/New-provision-Extension-of-period-company-name-reservation-26-January-Taxscan.jpeg "New provision for Extension of period of company name reservation to be effective from 26 January, 2021: MCA [Read Notification]")
NCLT Bengaluru admits ISRO’s Antrix division’s plea To Wind Up Devas Multimedia; Appoints Provisional Liquidator
The National Company Law Tribunal, Bengaluru, on Tuesday allowed the petition filed by Antrix Corporations Ltd. the commercial wing of Indian Space Research Organization to wind up Devas Multimedia...
Section 21 of Companies (Amendment) Act, 2019 related to CSR came into effect from Jan 22: MCA [Read Notification]
The Ministry of Corporate Affairs (MCA) notified 22 January, 2021 to enforce Section 21 of Companies (Amendment) Act, 2019 related to Corporate Social Responsibility (CSR). “In exercise of...
![Section 21 of Companies (Amendment) Act, 2019 related to CSR came into effect from Jan 22: MCA [Read Notification]](https://www.taxscan.in/wp-content/uploads/2021/01/MCA-Companies-Amendment-Act-2019-CSR-taxscan.jpg "Section 21 of Companies (Amendment) Act, 2019 related to CSR came into effect from Jan 22: MCA [Read Notification]")
MCA notifies Companies (Corporate Social Responsibility Policy) Amendment Rules, 2021 [Read Notification]
The Ministry of Corporate Affairs (MCA) notified the Companies (Corporate Social Responsibility Policy) Amendment Rules, 2021 which seeks to amend the Companies (Corporate Social Responsibility...
![MCA notifies Companies (Corporate Social Responsibility Policy) Amendment Rules, 2021 [Read Notification]](https://www.taxscan.in/wp-content/uploads/2021/01/MCA-Corporate-Social-Responsibility-Policy-Amendment-Rules-Taxscan.jpg "MCA notifies Companies (Corporate Social Responsibility Policy) Amendment Rules, 2021 [Read Notification]")
![ITAT deletes Penalty on Undisclosed Income as Search wasn’t initiated [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/01/Undisclosed-Income-Search-ITAT-Penalty-Income-taxscan.jpg "ITAT deletes Penalty on Undisclosed Income as Search wasn’t initiated [Read Order]")