![MCA Imposes ₹5 Lakh Penalty on SAEL Industries for 6-Month Delay in Appointing CFO [Read Order]](https://images.taxscan.in/h-upload/2026/01/10/500x300_2118153-mca-imposes-5-lakh-penalty-on-sael-industries-for-6-month-delay-in-appointing-cfo.webp "MCA Imposes ₹5 Lakh Penalty on SAEL Industries for 6-Month Delay in Appointing CFO [Read Order]")
MCA Imposes ₹5 Lakh Penalty on SAEL Industries for 6-Month Delay in Appointing CFO [Read Order]
The Ministry of Corporate Affairs (MCA) recently passed an order where the Registrar of Companies (RoC) in Chandigarh put a penalty of Rs. 5.5 lakh on...
![Issuance of Summons u/s 70 CGST Act Cannot be Considered as Initiation of Proceedings: Delhi HC [Read Order]](https://images.taxscan.in/h-upload/2026/01/10/250x150_2118242-issuance-summons-70-cgst-act-initiation-proceedings-delhi-hc-taxscan.webp "Issuance of Summons u/s 70 CGST Act Cannot be Considered as Initiation of Proceedings: Delhi HC [Read Order]")
![CBI Supplied All Relied & Un-Relied Documents in Loan Fraud Case: Delhi HC Refuses to Summon DRT Records [Read Order]](https://images.taxscan.in/h-upload/2026/01/10/250x150_2118229-cbi-supplied-all-relied-un-relied-documents-in-loan-fraud-case-delhi-hc.webp "CBI Supplied All Relied & Un-Relied Documents in Loan Fraud Case: Delhi HC Refuses to Summon DRT Records [Read Order]")
![GST Not applicable on Clinical Treatments for Psoriasis and other Dermatological Disorders: AAR [Read Order]](https://images.taxscan.in/h-upload/2026/01/10/250x150_2118217-gst-applicable-clinical-treatments-taxscan.jfif "GST Not applicable on Clinical Treatments for Psoriasis and other Dermatological Disorders: AAR [Read Order]")
![Unpaid MSME Dues Need Not Be Separately Disclosed Pre-2021: ICAI holds CA Not Guilty of Misconduct [Read Order]](https://images.taxscan.in/h-upload/2026/01/10/250x150_2118177-msme-dues-need-separately-disclosed-pre-2021-icai-ca-guilty-misconduct-taxscan.webp "Unpaid MSME Dues Need Not Be Separately Disclosed Pre-2021: ICAI holds CA Not Guilty of Misconduct [Read Order]")
SEBI Notifies Stock Brokers Regulations 2026, Allows Brokers to Take up Other Activities With Compliance Riders [Read Notification]
The Securities and Exchange Board of India (SEBI) issued notification dated January 7, 2026, announcing SEBI (Stock Brokers) Regulations, 2026. Main Change: Brokers Can Do Other Activities ...
![SEBI Notifies Stock Brokers Regulations 2026, Allows Brokers to Take up Other Activities With Compliance Riders [Read Notification]](https://images.taxscan.in/h-upload/2026/01/10/500x300_2118218-sebi-notifies-stock-brokers-regulations-taxscan.jfif "SEBI Notifies Stock Brokers Regulations 2026, Allows Brokers to Take up Other Activities With Compliance Riders [Read Notification]")
Non‑Filing of Form MGT‑14: MCA Imposes Penalty of ₹1.69 Lakh on Company and ₹50K on Directors [Read Order]
The Ministry of Corporate Affairs (MCA) has imposed a penalty of ₹3.19 Lakh on the company and its directors for non-filing of Form MGT-14 in respect of the resolution passed for approval of...
![Non‑Filing of Form MGT‑14: MCA Imposes Penalty of ₹1.69 Lakh on Company and ₹50K on Directors [Read Order]](https://images.taxscan.in/h-upload/2026/01/10/500x300_2118179-non-filing-form-mgt14-mca-imposes-penalty-company-directors-taxscan.webp "Non‑Filing of Form MGT‑14: MCA Imposes Penalty of ₹1.69 Lakh on Company and ₹50K on Directors [Read Order]")
AS-18 Not Applicable to SME Entities: ICAI drops Non-Disclosure of Related Party Transaction Allegation against CA [Read Order]
The Institute of Chartered Accountants of India’s ( ICAI ) disciplinary committee dropped disciplinary proceedings against the Chartered Accountant ( CA ) ruling that AS-18 not applicable to SME...
![AS-18 Not Applicable to SME Entities: ICAI drops Non-Disclosure of Related Party Transaction Allegation against CA [Read Order]](https://images.taxscan.in/h-upload/2026/01/10/500x300_2118180-as-18-not-applicable-sme-entities-icai-drops-non-disclosure-related-party-transaction-allegation-against-ca-taxscan.webp "AS-18 Not Applicable to SME Entities: ICAI drops Non-Disclosure of Related Party Transaction Allegation against CA [Read Order]")
Delay in Transferring ₹10.24 Lakh Unspent CSR Funds: MCA Imposes Penalty of ₹20.48 Lakh on Company and ₹1.02 Lakh on Each Director [Read Order]
The Ministry of Corporate Affairs (MCA) has imposed a penalty of Rs 20,48,482 on a company and Rs 1,02,424 on each director for the delay in transferring unspent Corporate Social Responsibility...
![Delay in Transferring ₹10.24 Lakh Unspent CSR Funds: MCA Imposes Penalty of ₹20.48 Lakh on Company and ₹1.02 Lakh on Each Director [Read Order]](https://images.taxscan.in/h-upload/2026/01/10/500x300_2118182-delay-transferring-1024-lakh-unspent-csr-funds-mca-imposes-penalty-2048-lakh-on-company-102-lakh-each-director-taxscan.webp "Delay in Transferring ₹10.24 Lakh Unspent CSR Funds: MCA Imposes Penalty of ₹20.48 Lakh on Company and ₹1.02 Lakh on Each Director [Read Order]")
![General Penalty u/s 125 Cannot Be Imposed When Late Fee is Levied u/s 47: Madras HC [Read Order]](https://images.taxscan.in/h-upload/2026/01/10/500x300_2118150-general-penalty-imposed-late-fee-levied-madras-hc-taxscan.webp "General Penalty u/s 125 Cannot Be Imposed When Late Fee is Levied u/s 47: Madras HC [Read Order]")
Share Substitution on Amalgamation Involving Stock-in-Trade May be Taxable u/s 28 Subject to Realisability: Supreme Court [Read Judgement]
The Supreme court has clarified that receipt of shares of the amalgamated company in substitution of stock-in-trade can give rise to taxable business profits under Section 28 of Income Tax Act,...
![Share Substitution on Amalgamation Involving Stock-in-Trade May be Taxable u/s 28 Subject to Realisability: Supreme Court [Read Judgement]](https://images.taxscan.in/h-upload/2026/01/10/500x300_2118136-share-substitution-amalgamation-stock-in-trade-realisability-supreme-court-taxscan.webp "Share Substitution on Amalgamation Involving Stock-in-Trade May be Taxable u/s 28 Subject to Realisability: Supreme Court [Read Judgement]")
