The settlement Entered by KNCEL and NHAI for Foreclosure of Concession Agreement relating to Kiratpur was in Accordance with Approved Resolution Framework about ILF&S: NCLAT
The Delhi bench of the National Company Law Appellate Tribunal(NCLAT) has held that settlement entered by Kiratpur Ner Chowk Expressway Limited...
![Karnataka High Court Directs Defreezing of Bank Account in Service Tax Dispute upon Furnishing of Security by Assessee [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Karnataka-High-Court-High-Court-Karnataka-High-Court-Directs-Defreezing-of-Bank-Account-Bank-Account-taxscan.jpg "Karnataka High Court Directs Defreezing of Bank Account in Service Tax Dispute upon Furnishing of Security by Assessee [Read Order]")
NFRA issues Circulars on Statutory Auditors’ Responsibilities in relation to Fraud in a Company [Read Circular]
The National Financial Reporting Authority (NFRA) addressing the Auditors of the Entities, issued a circular on 26th June 2023 regarding the responsibilities of the Statutory Auditors in relation to...
MCA Imposes Penalty of Rs. 4 Lacs for Non-filing of Form MGT-14 on Startup Company u/s 446B of Companies Act [Read Order]
The Ministry of Corporate Affairs (MCA) has imposed a penalty of Rs. 4 Lakhs on a small startup company for non filing of the Form MGT - 14 through vide order issued on 18th May 2023 under Section...
![MCA Imposes Penalty of Rs. 4 Lacs for Non-filing of Form MGT-14 on Startup Company u/s 446B of Companies Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/MCA-Imposes-Penalty-Non-filing-MGT-14-Startup-Company-Companies-Act-TAXSCAN.jpg "MCA Imposes Penalty of Rs. 4 Lacs for Non-filing of Form MGT-14 on Startup Company u/s 446B of Companies Act [Read Order]")
No Addition can be made by Way of Disallowance of Capital Loss on Account of no Change in Real Ownership of Company: ITAT [Read Order]
The New Delhi bench of Income Tax Appellate Tribunal (ITAT) held that no addition could be made by the way of disallowance of capital loss on account of no change in real ownership of the company of...
![No Addition can be made by Way of Disallowance of Capital Loss on Account of no Change in Real Ownership of Company: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/No-Addition-No-Addition-can-be-made-Disallowance-of-Capital-Loss-on-Account-Account-Disallowance-Capital-Loss-Way-of-Disallowance-Real-Ownership-of-Company-Ownership-of-Company-taxscan.jpg "No Addition can be made by Way of Disallowance of Capital Loss on Account of no Change in Real Ownership of Company: ITAT [Read Order]")
![Typographical Mistakes in Order passed by NCLT: NCLAT Set aside the Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Typographical-Mistakes-NCLT-NCLAT-Typographical-Mistakes-in-Order-passed-by-NCLT-taxscan.jpg "Typographical Mistakes in Order passed by NCLT: NCLAT Set aside the Order [Read Order]")
Provisional Empanelment status of CA Firms/LLPs with Point Score available in CAG website till June 8th 2023
The provisional empanelment status of Chartered Accountant (CA) Firms/ Limited Liability Partnerships (LLPs) with the Provisional Point Score for the financial year 2023-24 is available in...
BREAKING: Audit of Shell Companies: NFRA Imposes 1 Crore Penalty and 2 Years Ban on CA Firm for Professional Misconduct [Read Order]
The National Financial Reporting Authority (NFRA) has banned the Chartered Accountants Firm Sundaresha and Associates for a period of two years from audit. The NFRA has also imposed a hefty penalty...
