section 99
Rakesh Saini (14 Points)
21 September 2017
Is it amendment for fine limits under section 99 ? earlier these limits are 50000 or 2500 per day .
2 Replies
CS Smreti
(cs)
(641 Points)
Replied 21 September 2017
Section 99 prescribes a higher fine. It says the company who is in default shall be punishable with fine which may extend to one lakh rupees and in the case of a continuing default, with a further fine which may extend to five thousand rupees for every day during which such default continues.
Rakesh Saini
(14 Points)
Replied 23 September 2017
Its okay. But my question is that these limits are 50000 and 2500 per day under section 168 of co. Act 1956. i.e before the notification of section 99 under co . Act 2013. IS amendment or not?
Recent Topics
- Iska djd djrbdsjebshe sir ur rei ejr reinr the jr
- GST registration for medical shop in Karnataka
- Hsshs me know if you are free number of the
- Chu Kang and the situation of the situation and I
- How to reverse wrong transaction payment in phonep
- Paytm wrong transaction
- How to reverse wrong transaction payment in phonep
- 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?
Related Threads
CAclubindia
