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Mahesh j shahMahesh j shah asked 1 year ago

Sec 143 is an important section sir but why the penalties are removed sir in sec 147.If there is no specific penalty means general penalty will be implemented ?

1 Answers
RaviRavi Staff answered 1 year ago

yes government wants to bring ease of doing business
it is big relief for auditors
one more reason is NFRA, all big companies are covered here and nfra is dealing with them with strict actions, so they have given relief here, as NFRA will take care of misconducts by auditors 

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