With the markdown of valuations in start-ups last year, many fintech start-ups are now resorting to creating new market and products. As it shall be a faraway vision for these fintech firms to be earmarked as venture capitalists, they need to invest more in solving real world problems rather than merely addressing new problems.
MCA has recently released e-REFUND form for making request for refund of Excess/Incorrect/Multiple ROC fees paid. In this article we have covered instructions and guide related to online filing of ROC REFUND FORM.
Whether on the facts and in the circumstances of the case, the High Court was right in law in holding, that, the interest paid for broken period should not be considered as part of the purchase price, but should be allowed as revenue expenditure in the Year of purchase of securities.
In this update, I have taken the simplest of examples for registration requirements under draft GST Law, of a person who is only making local or within State supplies of Goods and/or Services. The conditions regarding person making Inter-State Supplies of goods and/or services is different and as we would go forward we would be taking other categories of persons and other complicated situations as well.
