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section 25 company

Latest Articles


What’s better- Trust, Society or section 8 Company?

Income Tax : One can set up either a public charitable trust, a registered society, or a Section 8 Company (a trust corporation). Each has it...

August 5, 2018 108309 Views 6 comments Print

Simple way to understand Substantially Interested Public Companies

Company Law : Under Section 2(18) of the Income tax a company is said to be a company in which the public are substantially interested in the fo...

September 25, 2015 19237 Views 1 comment Print

Short guide on Legal issues involved with NGOs in India

Income Tax : NGO’s or charity work in India can be carried out by various methods/forms of business, such as a Trust/ A society or by a Non-P...

May 4, 2015 9668 Views 0 comment Print

A guide to formalising the charity work you are intending to do in India

Finance : Forming a, Trust or a Society, or a Company Generally speaking, any organisation that devotes its funds for public welfare is a no...

May 2, 2015 993 Views 0 comment Print

Procedure to incorporate Section 8 Companies

Company Law : Objectives of Company proposed to be formed under Section 8 of Companies Act 2013 should be to promote commerce, art, science, sp...

March 15, 2015 3678 Views 0 comment Print


Latest News


Govt planning to relax exit norms for not-for-profit companies

Company Law : Government is planning to relax exit norms for not-for-profit companies to allow them to de-register without having to follow cumb...

July 12, 2011 1144 Views 0 comment Print

Govt eases rules for incorporating not-for-profit (Section 25) companies

Company Law : The government today eased rules for incorporating not-for-profit companies, by giving the Registrar of companies the power to dir...

May 24, 2011 2567 Views 0 comment Print

Setting up of Section 25 Company for XBRL India

CA, CS, CMA : As you may be aware that the ICAI has taken a lead role in the development and promotion of XBRL in India and has accordingly set ...

September 7, 2010 676 Views 0 comment Print

Government planning to allow section 25 companies to set up higher educational institutions

Company Law : The government is planning to permit corporate houses to set up higher educational institutions -- like multi-disciplinary univers...

November 10, 2009 3293 Views 0 comment Print


Latest Judiciary


No time limit prescribed u/s. 149 of Customs Act for amendment of shipping bills: CESTAT Mumbai

Custom Duty : CESTAT Mumbai held that rejection of request for amendment of shipping bills u/s. 149 of the Customs Act, 1962 on the ground of de...

September 16, 2024 174 Views 0 comment Print

Appellate Authority cannot condone delay beyond 4 Months u/s 107 of CGST Act

Goods and Services Tax : Appellate authority could not condone delay beyond four months under section 107 and this discretion conferred upon the appellate ...

August 26, 2024 249 Views 0 comment Print

Exemption u/s 10(23C)(iv) could not be rejected if net surplus was less than 20% of Total Receipts under second proviso to sec 2(15)

Income Tax : Assessee was a non-profit organization registered under Section 25 and was approved U/s.10(23C)(iv). The main activity of the coun...

August 24, 2024 387 Views 0 comment Print

Avoidance application timelines under IBC Regulation 35A is not mandatory: Delhi HC

Company Law : Delhi High Court held that timelines under Regulation 35A of the CIRP Regulations, 2016 for filing avoidance application are direc...

August 17, 2024 1257 Views 0 comment Print

State Bar Councils Can’t Charge Fees Above Prescribed Limit: SC

Corporate Law : Supreme Court held that State Bar Councils (SBCs) cannot charge an enrolment fee or miscellaneous fees above the amount prescribed...

August 8, 2024 426 Views 0 comment Print


Latest Notifications


Proposed guidelines for conversion of section 25 company to an ordinary company

Company Law : Proposed guidelines for conversion of section 25 company (non profit company) to an ordinary company under Companies Act, 1956. -...

June 29, 2011 8625 Views 0 comment Print


Latest Posts in section 25 company

No time limit prescribed u/s. 149 of Customs Act for amendment of shipping bills: CESTAT Mumbai

September 16, 2024 174 Views 0 comment Print

CESTAT Mumbai held that rejection of request for amendment of shipping bills u/s. 149 of the Customs Act, 1962 on the ground of delay unjustified as legal provisions doesn’t prescribe any specific time limit.

Appellate Authority cannot condone delay beyond 4 Months u/s 107 of CGST Act

August 26, 2024 249 Views 0 comment Print

Appellate authority could not condone delay beyond four months under section 107 and this discretion conferred upon the appellate authority was restricted to condoning the delay only for a maximum period of one month.

Exemption u/s 10(23C)(iv) could not be rejected if net surplus was less than 20% of Total Receipts under second proviso to sec 2(15)

August 24, 2024 387 Views 0 comment Print

Assessee was a non-profit organization registered under Section 25 and was approved U/s.10(23C)(iv). The main activity of the council was to promote exports of leather industries.

Avoidance application timelines under IBC Regulation 35A is not mandatory: Delhi HC

August 17, 2024 1257 Views 0 comment Print

Delhi High Court held that timelines under Regulation 35A of the CIRP Regulations, 2016 for filing avoidance application are directory and not mandatory in nature.

State Bar Councils Can’t Charge Fees Above Prescribed Limit: SC

August 8, 2024 426 Views 0 comment Print

Supreme Court held that State Bar Councils (SBCs) cannot charge an enrolment fee or miscellaneous fees above the amount prescribed in Section 24(1)(f) of the Advocates Act, 1961.

Transfer by Corporate Debtor resulting into value enhancement outside ambit of section 43 of IBC: NCLT Mumbai

July 24, 2024 213 Views 0 comment Print

ITAT Delhi held that written off of obsolete inventory allowable as prepared in accordance with accounting standards and duly got prepared audited report of an independent auditor.

Jharkhand HC Denies Bail to Former Chief Engineer’s Father in Money Laundering Case

May 31, 2024 483 Views 0 comment Print

There was sufficient evidence collected by the respondent Enforcement Directorate to prima facie come to the conclusion that assessee were actively involved in the offence of Money Laundering as defined in Section 3 of the PMLA.

Religious Bodies Exempt from Service Tax on Renting Immovable Property Pre-01.07.2012

May 28, 2024 393 Views 0 comment Print

Religious body not liable to pay service tax prior to 01.07.2012 on renting of immovable property: CESTAT Chennai: Church of South India Trust Association Vs Commissioner of CGST & Central Excise (CESTAT Chennai)

Time-barred claims by Creditors in IBC Proceedings should not to be considered

May 24, 2024 735 Views 0 comment Print

Analysis of Pooja Mehra vs Victory Ace case before NCLAT Delhi. Understanding IBC time limits, belated claims, and implications for creditors. Detailed judgment breakdown.

CESTAT Allahabad Orders Return of Gold Seized by Custom Authorities

May 17, 2024 498 Views 0 comment Print

Read the detailed analysis of the CESTAT Allahabad order directing the Commissioner of Customs to return seized gold, ruling it wasn’t smuggled. Learn about the case of Commissioner of Customs (Preventive) vs. Sai Max Jewelers.

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