Notification No. 24/2015 – Income Tax Whereas, an Agreement and Protocol (hereinafter referred to as the said Agreement and the Protocol) as set out in the Annexure to this notification, was entered into between the Government of the Republic of India and the Government of the Republic of Croatia for the avoidance of double taxation and for the prevention of fiscal evasion with respect to taxes on income that
eForm DPT-3- Return of deposits eForm DPT-3 is required to be filed pursuant to rule 16 of the of the Companies (Acceptance of Deposits) Rules, 2014 which are reproduced for your reference. Rule 16: Return of deposits to be filed with the Registrar: Every company to which these rules apply, shall on or before the […]
eForm MGT-15 for filing Report on Annual General Meeting eForm MGT-15 is required to be filed pursuant to section 121(1) of the Companies Act, 2013 and Rule 31(2) of Companies (Management and Administration) Rules, 2014 which are reproduced for your reference. Section 121(1): Every listed public company shall prepare in the prescribed manner a report on […]
Notice of situation or change of situation or discontinuation of situation,of place where foreign register shall be kept eForm MGT-3 is required to be filed pursuant to section 88(4) of the Companies Act, 2013 and rule 7(2) of the of the Companies (Management and Administration) Rules, 2014 which are reproduced for your reference.
It is important to understand what is meant by ‘business entity’ in Service Tax. The expression ‘business entity’ is used in exemption notification and reverse charge mechanism and as those exemption / reverse charge provisions are applicable to business entity only.
Requirement to appoint Company Secretary in Private Limited Company govern by the Provision of Rule- 8A of ‘The Companies Appointment and Remuneration of Managerial Personnel, Rules 2014’ Chapter XIII. Time Period: The Act doesn’t provide the time period in which a Company have to designate Company Secretary as KMP. But it’s advisable to appoint a Company Secretary as KMP in first board meeting conduct after applicability of such provision. In this Case Rule 8A come into force from 9th June, 2014.
Following are the steps for the calculation of Depreciation on existing Asset: 1. Find out useful life as per new schedule 2. Calculate already expired useful life 3. Difference of above two 4. Take Residual life at 5% of historical cost or as per management estimate (For value exceeding 5 % technical justification is required.)
There has been so much euphoria with regard to Indian E-commerce story and is on track to become the world’s fastest growing e-commerce market. This growth story is being driven by robust investment activity by VCs, Angels and the rapid increase in internet users.
High Court held In the case of CIT vs. Ms Megha Dadoo that the product (Route Marker) produced by the assessee was commercially different from its raw material and also a commercially different product known in the market.
The much awaited Goods and Services Tax (‘GST’) now seems to be a reality as the broad contours are slightly visible. The Finance Minister in his Budget speech made it clear he has all the intentions to implement GST from April 1, 2016. Though, we have seen in the past (during VAT introduction days) that […]
