Extension of timelines for filing by LLPs – ICSI representation to MCA
The Institute of Company Secretaries of India (ICSI) has requested the Ministry of Corporate Affairs for further extension in timelines for filings by LLPs.
In view of the covid-19 pandemic the ICSI has requested for extension of due date for filing Form 8 and Form 11 for financial year 2019-20 till 31st March, 2021.
- ITAT allows exemption of Rs. 25 lakhs u/s 10(10A) to non-government employees
- PCIT has revisionary jurisdiction u/s 263 over the cases passed by the NFAC or the JAO
- Appellate court interfering with MACT finding must undertake reappreciation of evidence
- When delay is not huge & involves huge monetary liability, lenient approach to be taken
- EoGM of company can not ratify diversion of fund raised by preferential issue – SC
