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Archive: 20 August 2021

Posts in 20 August 2021

Company registered under Section 8 of companies act, 2013

August 20, 2021 5004 Views 0 comment Print

A Section 8 Company is a company registered under companies act, 2013 the objects of which is to promote non-profit objectives such as trade, commerce, arts, charity, education, religion, environment protection, social welfare, sports research, etc. and intends to apply its profits, if any, or other income in promoting its objects; and to prohibit the […]

Rights of Employees against the harassment of employer

August 20, 2021 5037 Views 0 comment Print

Sexual harassment could be a kind of unlawful employment discrimination beneath Title VII of the Civil Rights Act of 1964 and is prohibited beneath the anti-harassment policy. As per the Equal Employment chance Commission, harassment is outlined as “unwelcome sexual advances, requests for sexual favours, and alternative verbal or physical conduct of a sexual nature. […]

Independent Directors: Exemption from online proficiency self-assessment test

August 20, 2021 27996 Views 4 comments Print

Independent Directors: Exemption from online proficiency self-assessment test – Companies (Appointment and Qualification of Directors) Amendment Rules, 2021 The MCA has notified a new set of Rules to amend the existing Companies (Appointment and Qualification of Directors) Rules, 2014 which shall come into force on the date of its publication in the Official Gazette. Sr. […]

Maintenance: Section 125 of CRPC

August 20, 2021 3675 Views 0 comment Print

INTRODUCTION The right to assert maintenance is a right recognized beneath completely different laws in our country, everyone is completely different from alternative in main and another specific. United Nations the total conception of maintenance was initiated to confirm that if there’s a married person who isn’t freelance economically, then, the opposite married person ought […]

No GST on reimbursement received of stipend paid to trainees

August 20, 2021 2190 Views 0 comment Print

In re Yashaswi Academy for Skills (GST AAR Maharashtra) Regarding the issue before us in respect of stipend paid to the trainees by the applicant, by the industry partner which provides training to the trainees and is required to pay stipend to the trainees. This stipend is not directly paid to the trainees by the […]

Stipends reimbursed by Trainer Companies doesn’t attract GST

August 20, 2021 4152 Views 0 comment Print

In re Yashaswi Academy For Skills (GST AAR Maharashtra) No GST on reimbursement received by applicant of stipend paid to trainees  M/s. Yashaswi Academy for Skills (the Applicant) has sought a clarification on the issue as to whether the reimbursement by the companies to the Appellant of the stipend paid to students attract Goods and […]

GST on services by World Economic Forum to its Liaison office in India

August 20, 2021 1863 Views 0 comment Print

In re World Economic Forum, India Liaison Office (AAR Maharashtra) Question 1. Whether the activities carried by the Applicant’s Head office located outside India and rendered to the Applicant will amount to supply as envisaged under Section 7 of the Central Goods and Services Act, 2017 considering that the Applicant is not engaged in any […]

GST on hiring of Non-AC buses to Company for Transport of Staff

August 20, 2021 12102 Views 0 comment Print

In re Shailesh Ramsunder Pande (GST AAR Maharashtra) Iin the instant case, the applicant has an agreement with RIPL for supplying Non-AC buses to transport staff of RIPL and the buses are owned by the applicant. Further, the applicant also incurs expenses on fuel and maintenance of the buses and for all these services provided […]

Key Take Away, LLP (Amendment) Act, 2021

August 20, 2021 15078 Views 2 comments Print

In the Budget 2021, our hon’ble financial minister announced about Amendment in LLP Act. In continuation of same, Ministry of Corporate Affairs issued a press release on 03rd February 2021. MCA initiates process of De-criminalisation of compoundable offences of LLP Further in continuation of the same Wednesday, 28th July, 2021 Cabinet has passed LLP Amendment Bill, […]

Compliance calendar for the Financial year 2021-2022

August 20, 2021 14664 Views 1 comment Print

Due to the current situation of this on-going pandemic, there are various compliances under Companies Act 2013 and LLP Act, which were given additional timelines by the Ministry to comply with for the ease of business. This editorial, however, targets all the upcoming mandatory compliances that are required to be complied by the Companies/LLPs for […]

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