The Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) in Chennai addressed an appeal by Steel Authority of India Ltd. (SAIL) against an order concerning the irregular availment of CENVAT ...

However, while dismissing the appeal, the NCLAT took a serious note of the manner in which the NCLT had passed the order dated March 15, 2022, which was the subject of the appeal. The Appellate ...

Under the Companies Act, 2013, the provisions governing declaration and payment of dividend are primarily contained in: However, there is no express provision either permitting or prohibiting the ...

Union of India (2023) case clarifies the automatic disqualification of directors under Section 164(2) of the Companies Act, 2013, due to non-filing of financial statements or annual returns for three ...

Summary: This editorial outlines the annual compliance obligations for Deemed Public Limited Companies under the Companies Act, 2013, updated through March 2025. A company is considered “Deemed Public ...

Annual Return of Every Public Company should be signed by a Company Secretary in employment. There is no mandatory compliance for this quarter under Companies Act. Except above 20 (Twenty), there may ...

In this Flash editorial, the author begins by referring to the provisions of the Companies Act, 2013 read with all the Amendment Acts and rules mentioned there till March 2025. Further, author has ...

Dormant Companies are required to Conduct at least one board meeting in each half of the calendar year, with a minimum gap of 90 days between two meetings. Dormant Companies are required maintain ...

Meaning of a Multi-National Corporation (MNC): A multinational corporation (MNC) is a company that has business operations in at least one country other than its home country and generates revenue ...

Summary: The annual compliance calendar for non-small private companies outlines mandatory filings and procedures as per the Companies Act, 2013, including its amendments and exemptions introduced ...

The assessee challenged the additions on the grounds that no incriminating material had been found during the search to suggest any undisclosed investment. They argued that the DVO’s valuation report ...

Audit fee provisions are not allowable unless they meet the test of accrual & crystallization. Prior period payments can be allowed, but only if reflected clearly in the books. This ruling reinforces ...