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Archive: September, 2017

Posts in September, 2017

Meghalaya Energy Corporation Ltd invites EOI for empanelment of Cost Auditors

September 5, 2017 885 Views 0 comment Print

Meghalaya Energy Corporation Limited (MeECL) invites Expression of Interest from the Cost Audit firms having Registered Office/Branch Office located in Eastern Region of India for empanelment as Cost Auditors of its three subsidiaries viz., Meghalaya Power Generation Corporation Ltd (MePGCL)

Major changes in Secretarial Standard – 2 General Meeting

September 5, 2017 2922 Views 0 comment Print

Revised Secretarial Standard – 2 General Meeting is applicable to all General Meetings of all companies incorporated under the Act except One Person Company (OPC) in which there is only one Director on its Board and a company licensed under Section 8 of the Companies Act, 2013 or corresponding provisions of any previous enactment thereof.

Depreciation on goodwill – the perennial debate

September 5, 2017 9933 Views 0 comment Print

Depreciation on goodwill has been a matter of considerable debate. Although the Supreme Court, in its landmark judgment in the case of Smifs Securities, held that goodwill is an intangible asset within the meaning of section 32 of the Income-tax Act, 1961 (the Act) and depreciation on goodwill is allowable under the section, some judgments have held otherwise, making the issue a highly debatable one.

Professional Ethics / Misconduct In Relation to CA In Practice

September 5, 2017 23631 Views 1 comment Print

Professional ethics encompass the personal, organizational, and corporate standards of behavior expected by In simple words we can say that professional conduct of an individual.

Updated list of Ministers in Modi Government after recent changes

September 5, 2017 1122 Views 0 comment Print

CABINET MINISTERS -1. Shri Raj Nath Singh Minister of Home Affairs. 2. Smt. Sushma Swaraj Minister of External Affairs. 3. Shri Arun Jaitley Minister of Finance; and Minister of Corporate Affairs.

Due date to file GSTR 1, 2, 3 extended for July & August 2017

September 5, 2017 33675 Views 4 comments Print

As per the Twitter handle @askGST_GoI GIC decides to extend Date of GSTR 1, GSTR 2 and GSTR 3 for the month of July to 10th, 25th and 30th September 2017 respectively. If Further GIC decides to extend Date of GSTR 1, GSTR 2 and GSTR 3 for the month of August to 5th, 10th […]

GSTR 2 Details to be Submitted Checklist

September 5, 2017 8679 Views 1 comment Print

Article summarizes details required Required for GSTR-2 Filing in case of, Supplies received from Registered Dealer Supplies received from Registered Dealer (attracting Reverse Charge), Inputs/ Capital Goods received from Overseas/ SEZ units, In case of Debit note, Credit note, Refund Vouchers for Inward Supplies, In case of supplies received from Composition Taxable person or other […]

Change of Name of LLP- Forms and Documents to be filed

September 5, 2017 13545 Views 7 comments Print

LIMITED LIABILITY PARTNERSHIP: Limited Liability Partnership (LLP) Act came into force for most part, on 31st March, 2009 followed by its Rules on 1st April, 2009. It is hybrid form which incorporates benefits of both partnership and companies. It has the following features: Separate legal entity in the eyes of Law. Cost of incorporation is […]

Admission, Cessation & Change in Designated Partner- Forms to be filed

September 5, 2017 51102 Views 23 comments Print

LIMITED LIABILITY PARTNERSHIP INCORPORATION AND KEY POINTS: Limited Liability Partnership (LLP) Act came into force for most part, on 31st March, 2009 followed by its Rules on 1st April, 2009. It is hybrid form which incorporates benefits of both partnership and companies. It has the following features: 1. Separate legal entity in the eyes of Law. 2. Cost […]

E-way Bill – Everything you need to know about

September 5, 2017 4713 Views 1 comment Print

Govt. came up with concept of Electronic Way Bill (also known as e-way bill). The Central Govt., through CBEC has issued Notification 27/2017, laying down rules in respect of e-way bill.

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