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Archive: 13 September 2020

Posts in 13 September 2020

Extension of last date for filing Cost Audit for FY 2019-20

September 13, 2020 7767 Views 0 comment Print

Relaxation of additional fees and extension of last date for filing Cost Audit Report (Form CRA-4) for the Financial Year 2019-20 under the Companies Act, 2013 (Act): Applicability of Cost Records: The class of Companies which must maintain cost records is specified in the Section 148 (1) of the Act. The category of companies is […]

Procedure for Striking Off of Name of A Company

September 13, 2020 36357 Views 0 comment Print

Each organization is begun with a dream to keep up its business continuously, but not all businesses square measure effective since quite an whereas past run. As we have a tendency to as of currently recognize, that there’s positive technique to consolidate a company, run a company, in like manner, there’s an exact system to […]

15 months’ time gap in case of extension of AGM by ROC

September 13, 2020 24669 Views 3 comments Print

As per Section 96 of the Companies Act, 2013 (Act), every Company other than OPC shall in each year, hold a General Meeting as its Annual General Meeting (AGM). Every Company shall hold its first AGM within nine months from the date of closing of the first financial year of the Company and thereafter in […]

Clarification on Asset Allocation of Multi Cap Schemes of Mutual Funds

September 13, 2020 798 Views 0 comment Print

SEBI has issued a circular dated September 11,2020 on Multi Cap schemes of Mutual Funds, requiring them to invest a minimum of 25% each in Large, Mid and Small Cap stocks, with the balance 25% giving flexibility to the fund manager.

A cheating racket who used to dupe people for custom duty/charges busted by DIU, IGI Airport

September 13, 2020 2271 Views 1 comment Print

With the arrest of a mastermind accused namely Christian Anthony Maduneme @ Chris S/o James, Age:- 32 Yrs (Nigerian National) & Shelly Achhumi @ Sttaccy D/o Luvishe Achumi, Age-41 Yrs, DIU/IGI Airport Unit has worked out a case of cheating, registered vide FIR No. 192/20 u/s 420/467/468/471/120B IPC at PS IGI Airport.

GST e Invoice- NIC released updated APIs with improved validations

September 13, 2020 1593 Views 0 comment Print

Version 1.03:  Date: 08/09/2020 1. Help section of e Invoice portal has been updated with new documents. 2. The following Improvements have been done in Validations in IRN Generation API. In case of Credit Note and Debit Note, tax rate can be passed with any value. Passed IGST Value of Item will not be validated […]

How To Incorporate A Producer Company In India

September 13, 2020 1764 Views 0 comment Print

Understanding the term Producer Company: A Producer Company maybe refer to as a legally recognized entity of farmers with the objective of improving the standard of living. Producer Company can be incorporated by 10 or more individuals or 2 or more institutions or it can be a combination of both having business objectives as one […]

Report Misuse of your Income Tax e-Filing account

September 13, 2020 1350 Views 0 comment Print

If you think your e-Filing account may have been compromised or accessed in an unauthorized manner, then you may be a victim of cybercrime. Please report the incident to the concerned police or cyber-cell authorities as a first step.

Customs seizes smuggled textiles worth Rs 3.3 crore

September 13, 2020 546 Views 0 comment Print

Customs seizes smuggled textiles worth Rs 3.3 crore on fishing trawler to Bangladesh- On the basis of Specific Intelligence, a fishing trawler was intercepted by the officers of the Commissionerate of Customs (Preventive) West Bengal, in the intervening night of 06-09-2020 & 07-09-2020, which was coming from Diamond Harbour towards Sagar Island.

Extension of time for holding AGM for FY ended on 31.03.2020

September 13, 2020 1011 Views 0 comment Print

Ministry of Corporate Affairs for considering ICSI’s representations favorably and granting relaxations in timelines for holding of AGM for the Financial Year ended on March 31, 2020.

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