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Archive: 08 May 2016

Posts in 08 May 2016

Postmortem of Union Budget 2024: A Comprehensive Webinar

July 18, 2024 5373 Views 3 comments Print

Join our webinar on July 24-25 for an in-depth analysis of Union Budget 2024. Learn about tax proposals, sector impacts, and investment insights. Register now!

Live Course on 360 degree Analysis of Input Tax Credit from a Litigation Perspective

July 18, 2024 4581 Views 0 comment Print

Join CA Sachin Jain for a live course on Input Tax Credit from a litigation perspective. Gain practical insights and master ITC complexities. Register now!

Decoding concept of item code & item name under Delhi VAT

May 8, 2016 4831 Views 0 comment Print

In a move towards GST the Delhi Govt. has issued DVAT amendment rules 2016 on 12-04-2016. These rules have been issued keeping in mind the compatibility which will be required at the time of implementation of GST with effect from a future date which will be known once the constitutional amendment bill is passed in Rajya Sabha

Registration u/s 12AA cannot be denied questioning profit motive

May 8, 2016 2761 Views 2 comments Print

HC held that while disposing off an application for registration u/s 12AA , the CIT is required only to verify the geniuses of the trust’s activity so as to ensure that the same matches with the objects stated in the trust deed.

Fundraising Stages for Startup

May 8, 2016 4027 Views 0 comment Print

Every day we come across with at least one news about fundraising by startups… raising $2billion at a valuation of $18billion, fueled $8million in pre-series A funding, bridge round of $5million and so on. Emerging startup businesses have come up with a variety of innovative ideas but funding is the real challenge. Let us have an overview of different funding rounds in startup.

All about Managing Director of Company- Section 196 of CA 2013

May 8, 2016 39067 Views 5 comments Print

Provisions of section 196 of Companies Act 2013. ♣ A Company can appoint either a Managing Director or a Manager. Interpretation: No Company shall appoint or employ at the same time a Managing Director and a Manager. ♣ Appointment of a Managing Director shall be for a term which must be less than or equal to 5 years. Important Note: The Company may re- appoint them for next term in one year of current term.

Interim Stay order period is to be excluded for computing Limitation Period: SC

May 8, 2016 6877 Views 1 comment Print

It is not in dispute that the period during which interim stay of the order passed by the court is in operation has to be excluded while computing the period of two years as limitation period prescribed for completing the block assessment.

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