In one of the case, directors were served with penalty order along with SCN for striking off
Click here to view / answer Share it onIn one of the case, directors were served with penalty order alongwith SCN for striking off
Click here to view / answer Share it onWhat is the penalty for any person or persons carrying on business under any name or title of which the word "Limited" or the words "Private Limited", or any contraction or imitation thereof is or are the last word or words?
Click here to view / answer Share it onHello All,
Is there any penalty for non compliance of Form CSR 2?
Hi
From which date Form 8 LLP will be counted whether from the original due date or extended?
Hello All,
What is the penalty charged under compounding for not holding AGM within due date as accounts are not ready? Does anyone have a practical experience about the penalty?
As per clarification No-6/2021 and 7/2021, penalty shall be waived on some of the Forms stipulated under Companies Act, 2013. What about other forms, viz, appointment, resignation etc as stipulated under Companies Act, 2013 and LLP Act?
Click here to view / answer Share it onDear Members,
As per MCA General Circular No. 11/20
VII. Newly incorporated companies are required to file a declaration for Commencement of Business within 180 days of incorporation under section 10A of the CA-13. An additional period of 180 more days is allowed for this.
The above was applicable for which period.
Regards
Dear Members
When we file AOC 4 today and date of AGM as 31 st December 2020 , it will show additional fee as Rs.2400 . Whether additional fee will be charged after Feb 15th 2021
HI
Please let me know what is the penalty for not obtaining the registration under EPF AND ESI ACT for a company which has crossed its threshold of 20 employees.
Is Ad valorem penalty on the filing of CHG 1 for the month of March 2020 coming while uploading form ??
Need you valuable suggestions and guidance.
Fact are as follows
ACIT has pass order under for exemption of Rs 600000 and Nil demand under Section 143(3) for for AY 2017-18 of Trust which is registered u/s 10(25) of the Act.
As per income & expenditure for the year as follows
Gross receipt Rs 1250000
Expenditure Rs 650000
Net Income Rs 600000
In return assessee fill exemption of Rs 1250000 (Gross) instead of Rs 600000 (net) for the year.
During proceedings, request made for making adjustments for clerical mistake apparent from material record.
Also submitted ITAT Delhi order in the matter of ICAI vs CPC banglor, where ITAT said for making prima facie adjustments apparent from records.
However, AO passed order of correct exemption of Rs 600000 and pass at Nil income and tax.
Further, initiated penalty of 270A for under reporting of Income in consequences of mis reporting.
1. Whether this case is of under reporting of Income
2. If yes then how taxes shall be computed and penalties.