Judgement

Committee imposes Rs. 50,000 fine on CA for failing to exercise due diligence in loan classification and director remuneration verification during audit.

Chartered Accountant Penalized Rs. 50,000 For Failure To Exercise Audit Due Diligence

Orders

For violating Section 155 of the Companies Act, the ROC levied a penalty of Rs 50,000 each on its two directors.

ROC Imposes Penalty on Directors for Holding Two DINs

ITAT held that amortization of goodwill arising from slump sale should be treated as an extraordinary expense and excluded while computing PLI under TNMM for transfer pricing

ITAT: Transfer Pricing Margin Must Exclude Goodwill Amortization From Slump Sale

News

The Maharashtra Anti-Corruption Bureau (ACB) has arrested two senior SGST officers in Nashik for allegedly demanding a bribe of Rs 1 crore to settle a tax investigation.

2 Senior GST Officers arrested Allegedly Demanding Rs 1 Crore Bribe

Articles

ICAI has released a new handbook which covers all legal compliances and exemptions for private limited companies.

ICAI Handbook on Key Compliances and Exemptions under Companies Act, 2013

The SC dismissed the young lawyer's PIL seeking directions to avoid incidents caused due to "civic negligence" and said they should focus on their profession instead of filing a petition just to gain media attention.

SC Urges Young Lawyers to Concentrate on Their Profession Instead of Filing Baseless PILs Just to Gain Publicity

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