MCA Fines Company and Officers for Non-Maintenance of Board and General Meeting Minutes
The Ministry of Corporate Affairs ( MCA ) has imposed monetary penalties on a company and its officers for failing to maintain statutory records of...
CA Engaging in any Other Profession Without Seeking Permission of Council is Guilty of Professional Misconduct: ICAI [Read Order]
The Institute of Chartered Accountants of India (ICAI) ruled that a Chartered Accountant engaging in any other profession without seeking permission of Council is guilty of professional misconduct. ...
ITAT upholds Penalty imposed for violating Provision of S.269SS of Income Tax Act due to accepting Loan from Company’s Managing Director [Read Order]
The Income Tax Appellate Tribunal (ITAT) Chennai Bench uphled the penalty imposed for violating the provision of Section 269SS of Income Tax Act 1961 due to accepting loan from companies managing...
![ITAT upholds Penalty imposed for violating Provision of S.269SS of Income Tax Act due to accepting Loan from Company’s Managing Director [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/ITAT-Penalty-violating-Provision-Income-Tax-Act-Loan-from-Companys-Managing-Director-Loan-Companys-Managing-Director-taxscan.jpg "ITAT upholds Penalty imposed for violating Provision of S.269SS of Income Tax Act due to accepting Loan from Company’s Managing Director [Read Order]")
Order remains within the control of Income Tax Authority beyond limitation period, there is a possibility of modification: Madras HC [Read Judgment]
The Madras High Court has held that the order remains within the control of Income Tax Authority beyond the limitation period, there is a possibility of modification or altered. During the year...
![Order remains within the control of Income Tax Authority beyond limitation period, there is a possibility of modification: Madras HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2022/02/Income-Tax-Authority-beyond-limitation-period-Madras-HC-TAXSCAN-1.jpg "Order remains within the control of Income Tax Authority beyond limitation period, there is a possibility of modification: Madras HC [Read Judgment]")
![ITAT allows Foreign Travelling Expenses of Company Director [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/11/Travelling-Expenses-Taxscan.jpg "ITAT allows Foreign Travelling Expenses of Company Director [Read Order]")