https://www.taxtmi.com/news?id=24362 The Amendment updates references and definitions (including Regional Director, Registrar, and small LLP), restructures penalties with daily continuance fines and reduced penalties for small and start-up LLPs, empowers compounding of fine-only offences by Regional Directors, establishes adjudicating officers to impose penalties and direct rectification, creates registration offices and appointable Registrars, inserts authority to prescribe accounting and auditing standards, and provides for Special Courts and related procedural and appellate mechanisms. en-us Sat, 14 Aug 2021 10:23:35 +0530 Wed, 11 Feb 2026 15:59:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=24362 The Amendment updates references and definitions (including Regional Director, Registrar, and small LLP), restructures penalties with daily continuance fines and reduced penalties for small and start-up LLPs, empowers compounding of fine-only offences by Regional Directors, establishes adjudicating officers to impose penalties and direct rectification, creates registration offices and appointable Registrars, inserts authority to prescribe accounting and auditing standards, and provides for Special Courts and related procedural and appellate mechanisms. News - Sat, 14 Aug 2021 10:23:35 +0530 https://www.taxtmi.com/news?id=24362