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...
Redemption Fine imposed Without Market Inquiry: CESTAT reduces Redemption of Fine to 4 Lakhs [Read Order]
The Ahmedabad bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) reduced the redemption fine to 4 lakhs since it was imposed without market inquiry. Mgm Tradelink Pvt Ltd,...
![Redemption Fine imposed Without Market Inquiry: CESTAT reduces Redemption of Fine to 4 Lakhs [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Redemption-Fine-Market-Inquiry-Inquiry-Market-Redemption-Fine-imposed-Without-Market-Inquiry-CESTAT-Redemption-CESTAT-reduces-Redemption-of-Fine-Taxscan.jpg "Redemption Fine imposed Without Market Inquiry: CESTAT reduces Redemption of Fine to 4 Lakhs [Read Order]")
Amrapali Housing Scam: ICAI Removes Ex-Statutory Auditor CA Anil Mittal Permanently from Register, Imposes Fine of Rs. 5L [Read Judgement]
The disciplinary committee of the Institute of Chartered Accountants of India (ICAI) has permanently removed Ex-Statutory Auditor of Amrapali Group following the housing scam along with a fine of Rs....
RP Misconduct: IBBI imposes Five Lakh Rupees fine for Conducting CoC Meetings without Sole Financial Creditor [Read Order]
The Disciplinary Committee (DC) of the Insolvency and Bankruptcy Board of India (IBBI) has recently imposed a fine of Rupees Five Lakhs on Insolvency Professional Sonu Jain along with a probation...
![RP Misconduct: IBBI imposes Five Lakh Rupees fine for Conducting CoC Meetings without Sole Financial Creditor [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/RP-Misconduct-IBBI-CoC-Financial-Creditor-taxscan.jpg "RP Misconduct: IBBI imposes Five Lakh Rupees fine for Conducting CoC Meetings without Sole Financial Creditor [Read Order]")
No Fine or Penalty to be Imposed When Goods not Liable for Tax Imposition or Confiscation: CESTAT [Read Order]
The Customs, Excise & Service Tax Appellate Tribunal (CESTAT), Ahmedabad Bench has recently, in an appeal filed before it, held that no fine or penalty can be imposed when the goods in question...
![No Fine or Penalty to be Imposed When Goods not Liable for Tax Imposition or Confiscation: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Fine-Penalty-Goods-Tax-Imposition-CESTAT-taxscan.jpg "No Fine or Penalty to be Imposed When Goods not Liable for Tax Imposition or Confiscation: CESTAT [Read Order]")
Bonafide Export of Foreign Currency without Permission of RBI: CESTAT releases confiscated Currency imposing Fine [Read Order]
The Customs, Excises, Service Taxes Appellate Tribunal (CESTAT), Ahmedabad Bench while releasing confiscated Currency by imposing Fine held that the bonafide export of foreign currency was without...
![Bonafide Export of Foreign Currency without Permission of RBI: CESTAT releases confiscated Currency imposing Fine [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/12/Bonafide-Export-of-Foreign-Currency-RBI-CESTAT-confiscated-Currency-Fine-Taxscan.jpg "Bonafide Export of Foreign Currency without Permission of RBI: CESTAT releases confiscated Currency imposing Fine [Read Order]")