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DIR 3 KYC - Remove Penalty or Scrap

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CA Chikkerur CR writes an Open letter to PM Narendra Modi on DIR 3 KYC requesting the PM to either remove the penalty of Rs 5000 on DIR KYC and allow Annual filings to report financials or remove DIR 3 KYC as an annual ritual form forever. What do you think of this demand?

Replies (3)
It is correct
Yes it's correct
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