![MCA imposes Penalties on Company and Directors for Non-Filing of Financial Statements from FY 2016-17 to FY 2020-21 [Read Notification]](https://www.taxscan.in/wp-content/uploads/2025/04/NCLAT-Limitation-Act-Code-application-Insolvency-Bankruptcy-Cod.jpg "MCA imposes Penalties on Company and Directors for Non-Filing of Financial Statements from FY 2016-17 to FY 2020-21 [Read Notification]")
MCA imposes Penalties on Company and Directors for Non-Filing of Financial Statements from FY 2016-17 to FY 2020-21 [Read Notification]
In the adjudication passed by the Ministry of Corporate Affairs (MCA) Registrar of Companies under Section 454 of the Companies Act, 2013, a penalty...
![Company & Directors Face Penalty from MCA for Non-Compliance with DIN Disclosure in Financial Statements [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/Company-Directors-Company-Directors-Face-Penalty-Penalty-MCA-MCA-for-Non-Compliance-DIN-DIN-Disclosure-Financial-Statements-taxscan.jpg "Company & Directors Face Penalty from MCA for Non-Compliance with DIN Disclosure in Financial Statements [Read Order]")
MCA Imposes Penalty on Private Limited Company and its Directors for Non-Filing of Financial Statements for 5 Consecutive years u/s 137(3) of Companies Act [Read Order]
In the recent order of adjudication passed by the Ministry of Corporate Affairs ( MCA ) Registrar of Companies, a penalty was imposed on a private limited company and its directors for not filing...
Failure to file copy of Financial Statements: MCA imposes Penalty on Private Limited Company & Directors
In the recent order of adjudication passed by the Ministry of Corporate Affairs ( MCA ) Registrar of Companies, a penalty was imposed on a private limited company and its directors for not filing...
Rs. 27.04 Cr. Share Application Money Addition u/s 68: ITAT Directs Re-Examination of Financial Statements of Investors [Read Order]
In a recent ruling, the Mumbai Bench of the Income Tax Appellate Tribunal ( ITAT ) directed the re-examination of the financial statements of investors regarding the Rs. 27.04 crore share application...
![Rs. 27.04 Cr. Share Application Money Addition u/s 68: ITAT Directs Re-Examination of Financial Statements of Investors [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/Share-Application-ITAT-Share-Application-Money-ITAT-Directs-Re-Examination-Financial-Statements-Financial-Statements-of-Investors-Income-Tax-Appellate-Tribunal-Commissioner-of-Income-Tax-Taxscan.jpg "Rs. 27.04 Cr. Share Application Money Addition u/s 68: ITAT Directs Re-Examination of Financial Statements of Investors [Read Order]")
Backdating and Falsification of Company Financial Statements: ICAI dismisses Misconduct Allegations against CA citing Lack of Incriminating Evidence
The Institute of Chartered Accountants ( ICAI ) recently dismissed a case of professional misconduct against a Chartered Accountant ( CA ) owing to the inability of complainant to adduce...
No Evidence on Record shows Services Received against Foreign Currency Spend: CESTAT quashes Demand, Penalty and Interest [Read Order]
In a significant decision, the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT), Eastern Zonal Bench, Kolkata, dismissed a service tax demand of ₹51,68,799, along with associated...
![No Evidence on Record shows Services Received against Foreign Currency Spend: CESTAT quashes Demand, Penalty and Interest [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/Finance-Ministry-notifies-Foreign-Currency-Conversion-Rates-for-Import-and-Export-of-Goods-TAXSCAN.jpg "No Evidence on Record shows Services Received against Foreign Currency Spend: CESTAT quashes Demand, Penalty and Interest [Read Order]")
MCA amends Companies (Indian Accounting Standards) Rules, Inserts IND AS 117 wr.t. Insurance Contracts
The Corporate Affairs Ministry ( MCA ) has amended the Companies ( Indian Accounting Standards ) Rules, 2015, specifically targeting the insurance sector. As per the notification no. G.S.R. 492 (E)...
