Now first question which must to your mind that why there is requirement of quorum at all Purpose of Quorum in board meeting is to prevent mala fide intention of one director or two directors suppose there had not been requirement of quorum then even one director or two directors could have held board meeting […]
Belated return (Return under section 139(4)) simply means filing of income tax return after due date or extended due date. Belated return can also be called as late return or delayed return. You must be aware that under the Income-tax Act, 1961, there is section 139 which casts responsibility on persons to file income tax […]
Results of the Chartered Accountants Final Examination (Old course & New Course) and Foundation Examination held in January 2021 declared. – Examination Department The Institute of Chartered Accountants of India 21st March, 2021 Results of the Chartered Accountants Final Examination (Old course & New Course) and Foundation Examination held in January 2021 declared. icaiexam.icai.org caresults.icai.org […]
Ministry of Labour & Employement (Government of India) Step 1: Visit www.epfindia.gov.in Step 2: Select ‘Our Services’ and click on For employees’ Step 3: Click on ‘Member UAN/ Online Services’ Step 4: Click on ‘Activate your UAN’ (located under ‘Important Links’ on the right-hand side) Step 5: Enter your basic details like UAN, Name, bate […]
The Slogan of Vocal for Local is given by Our PM during his address to the nation after lockdown period. His emphasis is on setting of new manufacturing units, service providing agencies and promotion of existing manufacturing and services providing units. As told by him, ‘Local is not our need, its our responsibility‘. If we […]
Relevant Date: 18th March 2021 Introduced by -MCA Notification dated 18th March 2021. Purpose of the Notification: Amendments in the Part II of the Schedule V of the Companies Act, 2013. Relevant Amendments: – 1. Remuneration a. In Section I of Schedule V of the Companies Act, 2013, after the words “Managerial person or persons”, […]
GST Department Issues Notices To Debtors of Defaulters To Make Good For Default In Deposit of GST Dues The status of Indian economy and tax collections is known to everyone. Recently, the date released by the department showed very good increase in the GST collections and GST collections crossed Rs. one lac crore mark continuously […]
I. What Is Risk :- The term risk usually refers to “ The probability of loss of a valuable resource because of uncertainty”. We gamble on possibility of earning in order to gain possible positive outcome. Risk can also be considered “The chance that an outcome other than ‘expected outcome’ will occur.” There are two […]
Section 36(1)(va) with Section 43B Section 36(1) The deductions provided for in the following clauses shall be allowed in respect of the matters dealt with therein, in computing the income referred to in section 28— (va) any sum received by the assessee from any of his employees to which the provisions of sub-clause (x) of […]
ICAI declares CA Final (New & Old Scheme) & CA Foundation Examination January 2021 Pass percentage & List of Top 3. This post contains Pass Percentage and Toppers of Chartered Accountants Final (New Scheme) Examination, Chartered Accountants- Final (Old Scheme) Examination and Chartered Accountants- Foundation Examination Held In January 2021. THE Institute of Chartered Accountants […]
