Duplicate PAN allocation requires record verification and deactivation reasons before assessment-related transactions can be attributed to an assessee...
Faceless assessment safeguards require requested personal hearings and adequate final show-cause response time, failing which reassessment is required...
Embezzlement losses in charitable institutions remain allowable when misappropriation is established, irrecoverable, and not a specified-person benefi...
National long-distance undertaking status supports deduction where separately licensed infrastructure, resources, revenue, and expenditure establish c...
Agency reimbursement income follows contractual deposit-liability computation, while pending deposit collections do not constitute deemed-dividend loa...
The Registrar of Companies, Chennai, acting as the Adjudicating Officer u/s 454(1) of the Companies Act, 2013, found non-compliance with Rule 14(6) of the Companies (Prospectus and Allotment of Securities) Rules, 2014 by the company and its directors. Consequently, a penalty of Rs. 10,000 was imposed on the company and Rs. 10,000 on the officers in default, totaling Rs. 20,000, as prescribed u/s 450 of the Companies Act, 2013. The penalty amount is to be paid online within 90 days of receiving the order, and proof of payment is to be submitted to the office.
The Registrar of Companies, Chennai, acting as the Adjudicating Officer u/s 454(1) of the Companies Act, 2013, found non-compliance with Rule 14(6) of the Companies (Prospectus and Allotment of Securities) Rules, 2014 by the company and its directors. Consequently, a penalty of Rs. 10,000 was imposed on the company and Rs. 10,000 on the officers in default, totaling Rs. 20,000, as prescribed u/s 450 of the Companies Act, 2013. The penalty amount is to be paid online within 90 days of receiving the order, and proof of payment is to be submitted to the office.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4894 
