Author: administrator

SEBI warns public against fake SEBI notices on letter head, logo and seal of SEBI It has come to the notice of Securities and Exchange Board of India (SEBI) that certain individuals have received communication wherein sender falsely claims to be an official of SEBI using letter head, …

MCA notifies the Companies (Audit and Auditors) Amendment Rules, 2025. Form ADT-1, ADT-2, ADT-3 and ADT-4 amended. Ministry Of Corporate Affairs Notification New Delhi, the 30th May, 2025 G.S.R. 359(E).— In exercise of the powers conferred by Sub-Section (1), (2) and (4) of Section 139, Sub-Section (1) and …

Supreme Court dismissed SLP against addition made u/s 68 instead of section 41(1) as where genuineness of the loan transaction was doubted, there can not be any remission of liability. Supreme Court dismissed SLP against judgment of Delhi High Court confirming addition u/s 68 and holding that where …

MCA notifies the Companies (Management and Administration) Amendment Rules, 2025. Form MGT-7, MGT-7A & MGT-15 amended. MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 30th May, 2025 G.S.R.358(E)—In exercise of the powers conferred by sub-sections (1) and (2) of section 469 of the Companies Act, 2013 (18 of …

Income Tax Department was directed to correct their record and grant credit of TDS under section 194IA to assessee which was wrongly filed in Form 26QB instead of Form 27Q. In a recent judgment, Hon’ble Delhi High Court directed Income Tax Department to itself correct their record and …

ICAI Appellate Authority reduces life ban to 10 years on CA punished in Satyam Case for Life to 10 years ICAI Appellate Authority reduces life ban on CA Srinivas Talluri punished for involvement in Satyam case from Practising for Life to 10 years. In 2018 Securities and Exchange …

MCA revised Form CRA-2 of intimation of appointment of cost auditor by the company to Central Government Ministry of Corporate Affairs has revised Form CRA-2. The revised form shall come into force with effect from the 14th day of July, 2025. MCA vide Notification No. G.S.R. 361(E) dated …

MCA revised Form GNL-1. Companies (Registration Offices and Fees) Amendment Rules, 2025 Ministry of Corporate Affairs has substituted Form GNL-1. The revised form shall come into force with effect from the 14th day of July, 2025. MCA vide Notification No. G.S.R. 360(E) dated 30.05.2025 has notified the Companies …

ITAT remits case to examine claim of exemption u/s 10(26) for assessee being a Scheduled Tribe and residing in Meghalaya In a recent judgment, ITAT Guwahati set aside the order of the CIT(A) and remitted the case for examination of claim of exemption u/s 10(26) of the Income …

Order passed under section 119(2)(b) of the Act is not appealable before the Tribunal In a recent judgment, ITAT Chennai has held that an order passed by the Commissioner under section 119(2)(b) of the Act is an administrative order; therefore, the same is not appealable before the Tribunal. …