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Archive: 08 August 2015

Posts in 08 August 2015

Estate Planning – Direct Transfer or Create Trust?

August 8, 2015 4688 Views 0 comment Print

The subject of Estate Planning has always engaged the kings and the common men alike. Estate planning requires a thoughtful plan weighing various alternatives and deciding whom to give, how much to give, when to give and in what form to give one’s estate.

What should I do after clearing CA-CPT?

August 8, 2015 21113 Views 1 comment Print

Heartiest congratulations to all those who had cleared CPT examination. Those who hadn’t clear this time you don’t need to lose hope, because this is not the end and remember life is not about one chance.

Dormant Company – Compliances under Companies Act, 2013 Act

August 8, 2015 19016 Views 0 comment Print

(A). Dormant Company [Section 455]: (1) Where a company is formed and registered under this Act for a future project or to hold an asset or intellectual property and has no significant accounting transaction, such a company or an inactive company may make an application to the Registrar in such manner as may be prescribed for obtaining the status of a dormant company.

Ease of Doing Business/Use of INC – 29 for Formation of Company

August 8, 2015 652 Views 0 comment Print

For ease of doing business, Ministry of Corporate Affairs has introduced a simplified Incorporation Form-INC-29. The form offers a number of advantages over traditional incorporation forms in terms of reduced number of procedures, time taken and the cost involved in getting approval.

Exemptions under Service tax are optional unlike Section 5A of CEA

August 8, 2015 3836 Views 0 comment Print

Whether it is justified on the part of jobworker to pay Service tax on its activity despite of Exemption Notification available under the Finance Act, 1994 and thereby passing on Service tax credit to the principal manufacturer?

Chairman as per Companies Act 2013 & Articles of Association

August 8, 2015 106008 Views 8 comments Print

Section 118 of the Act extensibly refers to minutes of proceedings of general meetings and of Board and other meetings, where the Chairman has to conduct the meeting of its Board of Directors and the power of Chairman on inclusion of matters in minutes of meeting.

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