Budget 2013-14 – Serious approach to fiscal discipline is a must With India's GDP growth rate having regressed to its 10 year low, the upcoming Union budget would be excessively important in salvaging the situation. The 25 bps Repo rate cut in Jan-13 has set the tone for encouraging capital formation and investments. However, the moderation in the government... In supersession to CBDT Instruction No. 1857 issued on 19-9-1990 vide F. No. 316/22/1989-OT for auction of properties purchased under Chapter XX-C of the Income-tax Act, 1961, comprehensive instructions on the modalities of fixing the reserve price for auction of properties acquired under Chapter... |
ROC Kanpur Imposed Penalty for Failure to File MGT-14 for Board Approval of
Accounts
-
The authority held that non-filing of Form MGT-14 for approval of accounts
attracts penalty under section 117(2). Continued default led to penalties
on b...
2 hours ago
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