MCA amends Competition Act 2002 increasing threshold of assets and turnover form the purview of combination and also introduced criteria for exemption Section 5 of the Competition Act, 2002 defines the combination as the acquisition of one or more enterprises by one or more persons or merger or …
Mere non submission of the PAN details will not lead to disallowance u/s 68 – ITAT In a recent judgment, ITAT Delhi has held that mere non submission of the PAN details will not lead to disallowance of cash credits u/s 68 of the Income Tax Act, 1961. …
MCA notifies 10th September, 2024 from which eight section of the Competition (Amendment) Act, 2023 would take effect. MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 9th September, 2024 S.O. 3846(E).—In exercise of the powers conferred by sub-section (2) of section 1 of the Competition (Amendment) Act, 2023 (9 …
NFRA penalises Chartered Accountant for misrepresenting facts holding that misrepresenting facts in NFRA proceedings amounts to professional misconduct. In a recent judgment, National Financial Reporting Authority (NFRA) has penalised a CA holding that misrepresentation of facts during NFRA proceedings under section 132(4) of the Companies Act 2013 amounted …
ICAI notifies dates of next elections for 26th Central Council and 25th Regional Councils to be held in December 2024 Institute of Chartered Accountants of India has notified the dates relating to the next elections of members to its Twenty Sixth Central Council and Twenty Fifth Regional Councils. …
ICAI re-Opens of Online Filling of Exam Application Form for November 2024 CA Exams Re-Opening of Online Filling of Examination Application Form for Chartered Accountants Examinations, November 2024. ICAI vide notification dated 15th April 2024 had decided has decided that from May/June 2024 onwards, Intermediate & Foundation course …
