Article explains Meaning of Input Tax Credit, What is Input Tax Credit under GST, Example of Input Tax Credit in GST, Relevance of the concept of the Input Tax Credit in the business parlance, Input Tax Credit Rules under GST, Amendment Notification in regards to the provisions of Input Tax. I. What is Input Tax […]
INSOLVENCY AND BANKRUPTCY BOARD OF INDIA (IBBI) Request for Proposal for Appointment of Internal Auditor to IBBI TABLE OF CONTENTS Sr. No. Description of contents 1. Introduction 2. General Terms & Conditions and Disclaimers 3. Scope 4. Selection Criteria 5. Guidelines and Instructions 6. Annexure I 7. Annexure II 8. Annexure III 1 INTRODUCTION a. […]
INSOLVENCY AND BANKRUPTCY BOARD OF INDIA (IBBI) Request for Proposal (RFP) for Appointment of Consultants for providing Accounting Support and Related Services to IBBI TABLE OF CONTENTS S. No. Description of contents 1. Introduction 2. General Terms & Conditions and Disclaimers 3. Scope 4. Selection Criteria 5. Guidelines and Instructions 6. Annexure I 7. Annexure […]
Office Order No. 49 of 2019 Consequent upon the approval of the Competent Authority, the following officers are, hereby, promoted to the grade of Principal Chief Commissioner of Income Tax (level 17 in the pay matrix Rs.2,25,000) on in-situ basis with effect from the date of assumption of charge of the post or until further orders:
APPLICABILITY Every company incorporated on or before the 31st December, 2017 shall file the particulars of the company and its registered office, in e-Form ACTIVE (Active Company Tagging Identities and Verification) on or before 25.04.2019. Any company which has not filed its due financial statements under section 137 or due annual returns under section 92 […]
Introduction MCA mandates filing of form INC-22A also known as form ACTIVE (Active Company Tagging Identities and Verification) vide its notification dated February 21, 2019 and further introduced the Companies (Incorporation) Amendment Rules, 2019. It can be also known as KYC of Company. Requirement of filing:- Every company incorporated on or before December 31, 2017 […]
Recently MCA came with a notification dated 21st February, 2019 under which every company incorporated on or before the 31st December, 2017 shall file e-Form INC-22A Active Company Tagging Identities and Verification (ACTIVE). Applicable Section/Rules– Rule 25A of Companies (Incorporation) Rules, 2014 and also need to follow Section 12 of Companies Act, 2013. Time Limit– […]
The Appointments Committee of the Cabinet has approved designating Shri Subhash Chandra Garg, lAS (RJ:1983), Secretary, Department of Economic Affairs, Ministry of Finance as Finance Secretary.
Last date for filing GST Annual Returns for the Financial Year 2017-18 has been extended to 30th June 2019. The GST Act mandates filing of annual return in FORM GSTR-9 and FORM GSTR-9A. Vide Order No 3/2018-Central Tax, dated 31.12.18, the last date for filing the Annual Return for the Financial Year 2017-18 has been extended to 30th June 2019.
In the year 2017, Ministry of Corporate Affairs by taking the ambit of Section 248 which talks about Power of Registrar to remove name of company from register of companies struck off more than 2 lakh companies which were not filing its returns for the last many years and the Government was of the view that such companies were not carrying on their business for more than 2 years. And Marked the Directors of such companies as DISQUALIFIED DIRECTORS