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Archive: 28 April 2021

Posts in 28 April 2021

Important Statutory due dates For Company Financial Year 2021-2022

April 28, 2021 8679 Views 0 comment Print

Every company that is registered under the Companies Act, 2013 must inform the Registrar of Companies about the changes in the company like change in the registered office, changes in the memorandum of association, article of association,  change in directors, etc. In addition to that company also needs to file various Periodic and Event based […]

Work in progress cannot be treated as a part of turnover

April 28, 2021 11334 Views 0 comment Print

Work in progress is never a part of the turnover. Guidance Note on Tax Audit under Section 44AB of the Income-tax Act, 1961 and penalty issue u/s 271B of the Income Tax Act ,1961 During the assessment year 2011-12 the turnover of the assessee was Rs. 639706.00 and work in progress was Rs. 16559480.00. Work […]

Independent Directors – Practical Hand Book

April 28, 2021 5100 Views 0 comment Print

An attempt is made to create a Practical Hand Book for the benefit of Independent Directors to effectively deal with the implicit and explicit challenges being posed on them by regulatory authorities as well as society in general. First part as follows is dedicated to Budget or Business Plan Presentations to Audit Committee. Part 1 […]

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