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The penalties for non-adherence to the MCA Notification on Audit Trail (Edit Log), effective from April 1, 2023, are stringent and cover companies, their officers, and auditors.
Non-compliance with the MCA’s audit trail notification poses serious consequences, including significant fines, personal liabilities, imprisonment, or professional disqualification. Companies must ensure their accounting software complies with these requirements to avoid such penalties.
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Quick Guide on GST Marginal Scheme What is GST Marginal Scheme Meaning : The GST Margin Scheme is applicable primarily… Read More