Monday, June 3, 2019

Failure to attach board report with financial statement in annual filing is compoundable offence

CL: Where a company contravened provisions of section 271 by not attaching board report with balance sheet of company while filing e-form 23AC with MCA portal, in view of fact that alleged offence was made compoundable and could be compounded because it was punishable with imprisonment upto six months or with fine alone or both, application for compounding of said offence was to be allowed

from www.taxmann.com Latest Case Laws http://bit.ly/2WFaMRO
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