https://www.taxtmi.com/caselaws?id=378377 The Tribunal imposed a fine of Rs. 45,000 on the defaulter for the financial year 2013-14 under sections 233B(11) of the Companies Act, 1956, for non-filing of the cost audit report. The fine was to be paid within three weeks, with individual directors required to pay from personal accounts. Compliance with the fines within the specified timeframe would result in compounding of the offence, which was deemed to be committed due to oversight rather than malicious intent. en-us Fri, 08 Mar 2019 00:00:00 +0530 Mon, 15 Apr 2019 07:02:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=378377 The Tribunal imposed a fine of Rs. 45,000 on the defaulter for the financial year 2013-14 under sections 233B(11) of the Companies Act, 1956, for non-filing of the cost audit report. The fine was to be paid within three weeks, with individual directors required to pay from personal accounts. Compliance with the fines within the specified timeframe would result in compounding of the offence, which was deemed to be committed due to oversight rather than malicious intent. Case-Laws Companies Law Fri, 08 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=378377