"15 July 2019" Archive - Page 4

Note on constitution and registration of Internal Complaints Committee

Note on constitution and registration of Internal Complaints Committee (ICC): Pursuant to MCA Office Memorandum dated 11th June, 2019, please note the below- 1. Every Company employing 10 or more employees has to constitute an Internal Complaints Committee (ICC) to look into the Sexual Harassment complaints at work place as per the Sexu...

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Posted Under: Corporate Law |

Procedure for Conversion of Public Company into Private Company

Over the recent years compliances for public Companies has been increased like transfer of shares into demat forms, allotment of new shares into demat form, etc. and therefore, many closely held companies are getting themselves converted into a private limited. Private limited company is easier to operate, enjoys a set of exemptions and m...

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Posted Under: Corporate Law |

Compulsory Filing of ITR if You Pay Electricity Bills of over Rs. 1 Lac

Currently, certain category of person e.g. Individual, HUF are required to file a tax return only if his total income exceeds maximum amount not chargeable to tax. With the objective of ensuring governance in Budget 2019 Proviso to Section 139 (1) has been inserted and the scope of tax-return filing requirement has been widened by [&helli...

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