![MCA Amends Appointment of NFRA Part-Time Members Rules [Read Notification]](https://images.taxscan.in/h-upload/2026/01/17/2120309-mca-amends-appointment-nfra-part-time-members-rules-taxscan.webp "MCA Amends Appointment of NFRA Part-Time Members Rules [Read Notification]")
MCA Amends Appointment of NFRA Part-Time Members Rules [Read Notification]
The Ministry of Corporate Affairs (MCA) has issued notification no. G.S.R. 42(E) dated 13 January 2026, informing about changes in the rules related...
![NBFC submits PAN of Parties from whom it claimed Bad Debts: ITAT upholds Income Tax Deduction [Read Order]](https://images.taxscan.in/h-upload/2026/01/19/2120723-nbfc-submits-pan-parties-whom-claimed-bad-debts-taxscan.webp "NBFC submits PAN of Parties from whom it claimed Bad Debts: ITAT upholds Income Tax Deduction [Read Order]")
![Parallel Proceedings under Income Tax not Permissible when NCLT approves Resolution Plan: ITAT [Read Order]](https://images.taxscan.in/h-upload/2026/01/19/2120719-parallel-proceedings-under-income-tax-not-permissible-taxscan.webp "Parallel Proceedings under Income Tax not Permissible when NCLT approves Resolution Plan: ITAT [Read Order]")
![Pre-Deposit u/s 129E Customs Act is Mandatory, Waiver Allowed Only in Rare Cases: Karnataka HC Rejects Financial Hardship Plea [Read Order]](https://images.taxscan.in/h-upload/2026/01/19/2120712-pre-deposit-customs-act-mandatory-waiver-allowed-only-rare-cases-taxscan.webp "Pre-Deposit u/s 129E Customs Act is Mandatory, Waiver Allowed Only in Rare Cases: Karnataka HC Rejects Financial Hardship Plea [Read Order]")
Failure to Disclose ICC Compliance under Sexual Harassment Act in Board Report: MCA Imposes ₹3 Lakh Penalty on Company and ₹50K Each on Directors [Read Order]
The Ministry of Corporate Affairs (MCA) has imposed Rs 3 lakh penalty on a company and Rs 50,000 penalty on each of its directors on account of its failure to disclose on whether it has compiled...
![Failure to Disclose ICC Compliance under Sexual Harassment Act in Board Report: MCA Imposes ₹3 Lakh Penalty on Company and ₹50K Each on Directors [Read Order]](https://images.taxscan.in/h-upload/2026/01/19/2120702-sexual-harassment-act-taxscan.webp "Failure to Disclose ICC Compliance under Sexual Harassment Act in Board Report: MCA Imposes ₹3 Lakh Penalty on Company and ₹50K Each on Directors [Read Order]")
Threshold Defence on Defaulted Instalment Fails: NCLAT Upholds S7 Application of Tata Capital Against CD [Read Order]
In a recent ruling, the National Company Law Appellate Tribunal (NCLAT), Bench justice Ashok bhushan (Chairman)and Barun mitra (technical member) held that default of a single instalment, even if the...
![Threshold Defence on Defaulted Instalment Fails: NCLAT Upholds S7 Application of Tata Capital Against CD [Read Order]](https://images.taxscan.in/h-upload/2026/01/19/2120704-threshold-defence-defaulted-instalment-fails-nclat-upholds.webp "Threshold Defence on Defaulted Instalment Fails: NCLAT Upholds S7 Application of Tata Capital Against CD [Read Order]")
Kerala HC sets aside GST ITC Denial for FY 2019-20 u/s 16(4), Directs to pass Fresh Orders in as per S. 16(5) [Read Order]
The Kerala High Court has set aside the denial of Input Tax Credit (ITC ) under Goods and Services Tax ( GST ) for Financial Year 2019-20 by invoking Section 16(4). The court directed the department...
![Kerala HC sets aside GST ITC Denial for FY 2019-20 u/s 16(4), Directs to pass Fresh Orders in as per S. 16(5) [Read Order]](https://images.taxscan.in/h-upload/2026/01/19/2120710-kerala-hc-sets-aside-gst-itc-denial-for-fy-2019-20-us-164-directs-to-pass-fresh-orders-in-as-per-s-165-taxscan.webp "Kerala HC sets aside GST ITC Denial for FY 2019-20 u/s 16(4), Directs to pass Fresh Orders in as per S. 16(5) [Read Order]")
Interim Dividend Deposited in Current Account Instead of Separate Bank Account: MCA Penalise Company [Read Order]
The Ministry of Corporate Affairs ( MCA ) imposed penalties on a private limited company and its director for depositing the interim dividend amount into its current account instead of a separate...
![Interim Dividend Deposited in Current Account Instead of Separate Bank Account: MCA Penalise Company [Read Order]](https://images.taxscan.in/h-upload/2026/01/19/2120703-interim-dividend-violation-taxscan.webp "Interim Dividend Deposited in Current Account Instead of Separate Bank Account: MCA Penalise Company [Read Order]")
Employees liable to Tax If Employer Deducted TDS but Did not Deposit: Kerala HC Dismisses Writ Appeals [Read Order]
The Kerala High Court has held that employees can be made liable to pay income tax even if their employer had deducted TDS ( Tax deducted at Source) from salary but failed to deposit the same with...
![Employees liable to Tax If Employer Deducted TDS but Did not Deposit: Kerala HC Dismisses Writ Appeals [Read Order]](https://images.taxscan.in/h-upload/2026/01/19/2120705-tds-kerala-high-court-taxscan.jfif "Employees liable to Tax If Employer Deducted TDS but Did not Deposit: Kerala HC Dismisses Writ Appeals [Read Order]")
Board’s Report Ignoring Auditor’s Adverse Remarks Breaches S.134(3)(f): MCA Slaps ₹3 Lakh Penalty on Company and ₹50K Each on Directors [Read Order]
The Ministry of Corporate Affairs (MCA) has imposed a penalty of Rs 3 lakh on company and Rs 50,000 each on directors for the breach of Section 134(3)(f) of the Companies Act by ignoring the...
![Board’s Report Ignoring Auditor’s Adverse Remarks Breaches S.134(3)(f): MCA Slaps ₹3 Lakh Penalty on Company and ₹50K Each on Directors [Read Order]](https://images.taxscan.in/h-upload/2026/01/19/2120697-boards-report-ignoring-auditors-adverse-remarks-breaches-s1343f-mca-slaps-3-lakh-penalty-on-company-and-50k-each-on-directors-taxscan.webp "Board’s Report Ignoring Auditor’s Adverse Remarks Breaches S.134(3)(f): MCA Slaps ₹3 Lakh Penalty on Company and ₹50K Each on Directors [Read Order]")
