"11 March 2019" Archive

Salient features of Active (Company KYC) form

No. MCA21/44/2018/eGovcell (07/03/2019)

As you are aware, the Ministry of Corporate Affairs, in its pursuit to improve Corporate Governance and Compliances on the part of the Company after the successful roll out of DIR-3 KYC for Directors/DIN holders, has introduced eform (INC-22A) christened ‘ACTIVE (Active Company lagging Identities and Verification) vide rule 25 A of ...

Read More
Posted Under: Company Law |

ICAI announces revised exam schedule of CA Exams

POSTPONEMENT OF CHARTERED ACCOUNTANT EXAMINATIONS, MAY 2019 It is hereby notified for general information that in view of Elections to the 17th Lok Sabha Parliamentary Constituencies across the country, the Chartered Accountant Examinations initially scheduled from 2nd May 2019 to 17th May 2019 stand rescheduled and the said examinations ...

Read More
Posted Under: Company Law |

Succession Certificate in India

♦ What is Succession Certificate It is a document/ certificate granted to the legal heirs of a deceased person who does not leave a will. It helps you to establish as a legitimate heir to the deceased and give them the power to inherit shares, securities, debts and other assets of the deceased. ♦ Governing […]...

Read More
Posted Under: Company Law |

DGFT Online Module for Filing & Tracking Quality Complaints related to International Trade

Trade Notice No. 47/2015-2020-DGFT (11/03/2019)

Now an Online module has been created to facilitate filing and tracking of these Quality Complaints/Trade Disputes. It has been decided that with effect from 11/02/2019, all such complaints should be filed online as per the following protocol:...

Read More

Onetime condonation under EPCG Scheme –Extension till 30.09.2019

Public Notice No. 78/2015-20-DGFT (11/03/2019)

Onetime condonation of time period in respect of obtaining block-wise extension in Export Obligation period under EPCG Scheme. Director General of Foreign Trade in public interest hereby further extends the time of receipt of requests till 30.09.2019 in respect of the above mentioned Public Notices....

Read More

3 Investment Options Offering You Equity Returns at Lower Risk

Most investors in India want to invest into options that can get them sky-high returns in the shortest possible tenure and without risking the principal money invested. As a result, these investors are always on the lookout for risk-free investment plans that can multiply their money many-folds within a few months or years only. However, ...

Read More
Posted Under: Company Law |

How to Set up Branch/ Liaison Office in India

Recently, India has been growing at an unprecedented pace which has aroused a keen interest among foreign entities to establish their operations in India and tap into one of the largest and fastest growing market, and have access to some of the best human resources in the world....

Read More
Posted Under: Company Law |

How to Set up Project Office in India?

'Project Office' means a place of business to represent the interests of the foreign company executing a project in India but excludes a Liaison Office.The project office is the ideal method for companies to establish a business presence in India, if the object is to have a presence for a limited period of time. ...

Read More

Loss Due to Obsolescence of Stores & Spares in Inventory is Allowable Business Expenditure

Ms. Hindustan Newsprint Ltd. Vs ACIT (Kerala High Court)

Ms. Hindustan Newsprint Ltd. Vs ACIT (Kerala High Court) In the present case, the Tribunal had permitted devaluation with respect to the items in which the committee had recommended 100% devaluation confining the actual devaluation to 80%. The Tribunal disallowed 20% of the claim finding it to be the scrap value of the devalued items. [&h...

Read More

5 Smart Tips to Get a Personal Loan at a Low Interest Rate

The stars don’t have to align perfectly for you to find a good, low-interest personal loan; all you need is judicious financial planning. A kind of an unsecured loan, a personal loan is a handy financial tool that is easy to apply and in most cases, hassle-free to repay. However, since you don’t secure the […]...

Read More
Posted Under: Company Law |