This write up is prepared in regards to the newly introduced/ substituted provisions under the Companies Act, 2013 (herein referred thereafter ‘the Act’) i.e. Section-90 (Register of significant Beneficial Owners in a Company) herein enforced and the Companies (Beneficial ...
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The Blogs
Simplified Proforma for Incorporating Company Electronically
Simplified Proforma for Incorporating Company Electronically
Simplified Proforma for Incorporating Company Electronically is applicable to following Companies:
Private Company
Public company
Section 8 Company
Producer Company
One person Company
Part I Companies
Following new forms have been introduced through Simplified Performa ...
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INTEGRATED REPORTING STRUCTURE: FOREIGN INVESTMENT RECEIVED ISSUED BY RBI: “SINGLE MASTER FORM”
BACKGROUND:
This article is in regards to the newly introduced reporting structure (“Single Master Form herein referred thereafter SMF “) by Reserve Bank of India (herein referred thereafter RBI) for the reporting of all Foreign Investments so received by “Indian ...
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DIR-3 KYC
Dear professionals
This is to inform you that MCA has made KYC of all the Directors of the Company mandatory which is to be done by filing Form DIR-3 KYC.
Hence all the Persons who possess DIN have to file Form DIR-3 ...
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Income Tax Provision for Private Limited companies
Income Tax Provision for Private Limited companies
(A.Y. 2018-2019)
In this Article, I am trying to summarize all the provision of Income Tax Act which is generally applicable to the companies. So that compliances can be done smoothly by the ...
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Compliance for newly opened Private ltd companies under companies Act 2013
Compliance for newly opened Private ltd companies under companies Act 2013
In India, every company requires to Comply with various act, especially with the Companies Act. It is very crucial part for companies to avoid Penalties and legal consequences.
If you ...
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Unpaid tax dues of Pvt Ltd Company is no basis to lift corporate veil; No recovery can be initiated against Directors u/s 179(1) in absence of hearing
AHEMDABAD, : THE ISSUE BEFORE THE DIVISION BENCH IS -
"Whether notices in form of recovery or reminders of unpaid tax or penalty, issued specifically to pvt ltd company, can be enforced personally against its directors without specific notice of ...
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Article, Company Law, Controversial issues, Head Of Income, IGST, Income Tax, Interesting Income Tax, IT Judgement, Miscellaneous, NRI Corner, TDS
Taxation of F & O transactions
Taxation of F & O transactions
Query 1]
I am trading in equities; both delivery as well as non delivery based & make short term capital gain (STCG). Whether it will be treated as "Income from Business" or any other ...
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Change in the base year from 1981 to 2001 is for all classes of assets
classes of assets
Query 1]
I am senior citizen. My present means of livelihood is my pension and bank FD interest. It amounts to around rupees six and half lakh. In the present FY, the tax for income till five lakhs ...
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Even small size firm are to get its accounts audited if income offered for taxation is less than 8%
taxation is less than 8%
Query 1]
We have 2 small Partnership Firms, one doing trading and other doing profession. Turnover in both the firms is far less than audit limit. Whether for A.Y. 2017-18 audits of all partnerships having even ...
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