Update on Companies (Management and Administration) Second Amendment Rules, 2018 1. Rule 13 & form MGT-10 shall be omitted – The change is due to implementation of Companies Amendment Act, 2017 wherein section 93 is omitted. Return of changes in shareholding position of promoters and top ten shareholders.- Every listed company shall file with the […]
Significant Beneficial Ownership: Every individual, who acting alone or together, or through one or more persons or trust, including a trust and persons resident outside India, holds beneficial interests, of not less than 10% in shares of a company or the right to exercise
To arrive to the balances as per books of accounts, we have prepared GST Credit Calculator Utility wherein you need to key in the outward supply, ITC and other figures as per the books of accounts and you will automatically get the closing balances as per books of accounts so that the same can be verified while closing the books of accounts and also at the time of audit.
Cost Inflation Index (CII) for FY 2018-19/ AY 2019-20 Notified by CBDT at 280 (Base Year 2001-02) In the case of transfer of short term capital asset, the amount of capital gains can be arrived at by deducting the cost of acquisition/ improvement from the sale consideration. However, in the case of transfer of long […]
It is no exaggeration that our country is good to go to witness a kind of fiscal revolution. Obviously, the all-new period of the Goods and Service Tax regime the antecedent of this fiscal revolution, as can be unmistakably seen from the immense GST accumulations and increment in the compliance rate.
Section 366 of the Companies Act, 2013 deals with Part I Companies that includes conversion of any partnership firm (Firm), limited liability partnership (LLP), cooperative society, society or any other business entity formed under any law for the time being in force.
a) Be the open market value of such supply; b) If the open market value is not available under clause (a), be the sum total of consideration in money and any such further amount in money as is equivalent to the consideration not in money, if such amount is known at the time of supply;
There are followings points that to be considered while preparing the Annual Report of the Listed Company.
Introduction The applicability of GST requires determination of each transaction as supply of ‘goods’ or supply of ‘services’. However, many a times the nature of transactions are such that they cannot be clearly classified as the supplies are bundled. It could take the following forms: Bundle of two or more goods: Keyboard and mouse sold […]
Compliance For Issuance Of Shares Under FDI In India: A. Compliance under Master Directions issued by RBI: 1. On receipt of payment from outside India, an Advance Remittance Form (ARF) is required to be filed online (www.ebiz.gov.in) within 30 days intimating RBI about receipt of money for such purpose alongwith KYC and FIRC received from […]
