Hello everyone,
Its an urgent query...
If any Company violates any provision relating to exemption given under Section 211 what is the penalty?
Are these offences Compoundable?
1 Replies
CS Mitesh Mehta
(Company Secretary)
(17139 Points)
Replied 04 July 2012
Penalty
Imprisonment for a term which may be extended to 6 month or with fine which may extend to Rs. 10,000/- or both
No impriosnment will be awarded unless the offence has been committed wilfully.
Compounding is possible.
Recent Topics
- Issue with refund for person who has filed for rel
- How to take ITC for October 2024 GST Payment in PM
- How to refund a wrong transaction Phone Pe?
- Avoiding tax audit in case of intraday equity loss
- Form 3CEAB
- Form 3CEAA and Form 3CEAB
- DIR 3 Web KYC
- Can i declare LTCG income as business income if I
- Stock entry in new software
- I have an EMI collection shop, what is its SAC cod
Related Threads
CAclubindia
