Political contribution deductions require genuine transactions; banking records and party registration alone cannot defeat evidence of accommodation e...
Post-death GST liability permits fresh proceedings against legal representatives, while discontinued-business recovery remains limited to the inherite...
Non-confirmation of FEMA seizure prevents adjudicators from overriding pending appellate findings on recorded reasons and suspected foreign asset hold...
The MCA issued the Companies (Accounts) Second Amendment Rules, 2025, effective 14 July 2025, introducing significant modifications to corporate reporting requirements. Key amendments include mandating electronic forms (e-Forms) for AOC-1, AOC-2, and other financial reporting documents, requiring detailed disclosures on sexual harassment complaints, and implementing a new compliance statement for Maternity Benefit Act provisions. Companies must now file comprehensive electronic forms with specific attachments, including signed financial statements in PDF format, enhancing transparency and standardizing corporate financial reporting mechanisms across different organizational structures.
The MCA issued the Companies (Accounts) Second Amendment Rules, 2025, effective 14 July 2025, introducing significant modifications to corporate reporting requirements. Key amendments include mandating electronic forms (e-Forms) for AOC-1, AOC-2, and other financial reporting documents, requiring detailed disclosures on sexual harassment complaints, and implementing a new compliance statement for Maternity Benefit Act provisions. Companies must now file comprehensive electronic forms with specific attachments, including signed financial statements in PDF format, enhancing transparency and standardizing corporate financial reporting mechanisms across different organizational structures.
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