U.C. Infosystems Pvt. Ltd. Vs Union of India (Delhi High Court) Learned counsel for the petitioner states that the petitioner tried to file TRAN -1 form within the time provided under Rule 117 as well as the extended time given by this Court vide judgment dated 05th May, 2020 in Brand Equity Treaties Ltd. Vs. […]
Supreme Court states that they have find from the record that the learned Single Judge had no reasonable justification to hold that the petitioner had passed a whimsical order and that it suffered from malice in fact and in law.
The issue under consideration is Unlisted shares sold after holding for 23 months considered as Long Term Capital Gains or Short Term Capital Gains?
Crowdfunding refers to the practice of funding a project or venture by raising money from a large number of people who each contribute a relatively small amount, typically via the Internet. The objective for raising such funds could be projects such as films, music, business ventures, or public interest causes. Small financial contributions from a number of persons cumulatively may fulfill the fund requirements of the Investee who otherwise lacked access to such funds.
Appointment and remuneration of managing director and whole-time director under companies act 2013 A Managing Director and Whole-time Director have been categorised as Key Managerial Personnel under Section 203 of Companies Act 2013. Apart from playing a key role in the overall growth and administration of the company, the Companies Act 2013 contains elaborate provisions […]
Concept of Beneficial Owner and Significant Owner {Section 89 & 90 of Companies Act, 2013} “Assessing beneficial ownership isn’t like looking for a needle in a haystack? Yes, it’s like looking for a needle in a pile of other needles and if you are the beneficial owner then you’ll be getting all the perks related […]
जीएसटी में दो प्रकार के डीलर होते है एक रेगुलर और दूसरे कम्पोज़िशन ! कम्पोज़िशन डीलर को वर्ष में 5 रिटर्न्स भरनी होती है ! चार तिमाही और एक वार्षिक ! वित्तीय वर्ष 2019 -2020 की वार्षिक रिटर्न फॉर्म को बदल दिया था! और फॉर्म तैयार न होने पर विभाग द्वारा इसकी अंतिम तिथि को […]
ARTICLE ON CHANGE OF REGISTERED OFFICE OF A COMPANY FROM ONE STATE TO THE ANOTHER STATE I have Written This Article contains Checklist for Change Of Registered Office of a Company From One State To Another State under Companies Act 2013. Checklist specifies Passing of Board Resolution in the Board Meeting of a Company Filing […]
Gateway Leasing Pvt. Ltd. Vs ACIT (Bombay High Court) The issue under consideration is whether the re-opening of the assessment u/s 147 is justified in law? In the present case, after referring to the information received following search and seizure action carried out in the premises of Shri Naresh Jain, it was stated that information […]
Definition of Bonus Share A bonus share is a free share of stock given to current shareholders in the Company, based upon the current shareholding of shareholders. Although the total numbers of issued shared increases, but the ratio of numbers of shares held by each shareholder remains constant. Let’s understand this concept with an example:- […]
