"14 February 2020" Archive

Recent Updates in GST till 13th February 2019

Tax evasion and related arrests on tax offences have increased in last few weeks and the amounts involved are huge running into few thousand crores. Is it tax terrorism ! not for evaders. However, compliances continue to be troublesome. ‘We evolve and mature as we grow’ seems to be the Government’s stance. CBIC appears to […]...

Read More

Information/ Documents Required For Incorporation of LLP

A. Information Required For RUN (Name Approval Form) 1. Proposed Names (Maximum 2 Names) 2. Significant of Proposed Name 3. Object (Proposed Business) of LLP 4. Trademark/ NOC if any to use name. B. Information Required For Preparation of Incorporation Documents I. General Information: 5. Total No. of Designated Partner. 6. Total No. of P...

Read More

Draft Submission against Interest Recovery on Gross GST Dues

Draft Format of Reply / Submission against notice seeking  recovery of interest on the gross tax dues on account of delayed filing of GSTR 3B. To, Commissioner, Central/State GST, Commissionerate ____ Respected Sir/Madam, Re.:- Notice dated ___________ seeking recovery of interest on the gross tax dues on account of delayed filing of GST...

Read More

Rajasthan HC allows bail application of a CA upon furnishing of personal bond

Hon’ble HC, Rajasthan in Paridhi Jain v. State [S.B. Criminal Miscellaneous Bail Application No. 742/2020, 48/2020 dated January 20, 2020] after considering the fact that fact that the Petitioner being a practising Chartered Accountant and a lady of 27 years is facing incarceration for last more than one month, allowed bail application ...

Read More

Process of Alteration In MOA | Section 13 | Companies Act, 2013

Process of Alteration In Memorandum of Association (Section 13 of Companies Act, 2013) Date: 10th February, 2020 SHORT SUMMARY: Memorandum of association defines the relation of the company with the rights of the members of the company interest and also establishes the relationship of the company with the members. This section corresponds...

Read More

ICAI to provide free Accounting Software for CA & CA Firms

ICAI to provide free Accounting Software for CA & CA Firms in association with Hostbooks Gurgaon based FinTech Company HostBooks has signed a Memorandum of Understanding (MoU) with The Institute of Chartered Accountants of India (ICAI), the national professional accounting body to encourage the use of technology and automation among c...

Read More

Section 271GA Penalty for failure in furnishing the information / document in Form 49D as required under section 285A

Section 271GA Penalty for failure in furnishing the information / document in Form 49D as required under section 285A The provisions of section 285A of the Income Tax Act mandates the specified Indian concern to provide the particular information / document in the specified Form 49D. In case the Indian concern fails to furnish the [&helli...

Read More

SPICE+ New Company Incorporation form with Bouquet of Services

REDUCE COST AND TIME EASE OF DOING BUSINESS A Bouquet of Services with SPICE+ :- > Incorporation > DIN allotment > Issue of PAN > Issue of TAN > Issue of EPF, ESI Number > Allotment of GSTN (If selected) > Mandatory opening of Bank Account As a part of Government’s Ease of Doing Business […]...

Read More

Process of Alteration In Article of Association of Company

Any Company which intended to make any change to the Article of Association (AOA) of its company, will have to comply with the provisions of Section- 14 of Companies Act, 2013 and any other applicable provisions of the Act and applicable rules. Company can alter its Article by way of addition, deletion, modification, substitution, or in a...

Read More

How to alter ‘Object Clause’ Under Companies Act, 2013

This Article contains the procedure for change in Object clause of the Company Under Companies Act, 2013 with detailed documentation required. Memorandum of association is the charter of the company and defines the scope of its activities. Memorandum of association defines the relation of the company with the rights of the members of the ...

Read More