eForm INC-24 – Application for approval of Central Government for change of name Part I – Law(s) Governing the eForm INC-24 Section and Rule Number(s) This form is required to be filed pursuant to Section 13 (2) of the Companies Act, 2013 and rule 29(2) of the Companies (Incorporation) Rules, 2014 which are reproduced for […]
Sunil Mathur Vs ITO (ITAT Jaipur) The issue under consideration relates to source of cash deposits during the year in the two bank accounts maintained by the assessee amounting to Rs 13.5 lacs. In this regard, firstly, it is noted that during the year under consideration, the assessee has sold a property and consideration thereof […]
This is reference to our previous communication sent to your company regarding the issues faced by the distributor fraternity by the eB2B companies unethical predatory polices. We refer to few eB2B companies like Jiomart, Walmart, Metro Cash n Carry, Booker, elasticrun udaan etc.
eForm INC-6 – One Person Company and Private Company – Application for Conversion Part I – Law(s) Governing the eForm Section and Rule Number(s) e-Form INC-6 is required to be filed pursuant to Section 18 of the Companies Act, 2013 and Rule 6 and 7(4) of the Companies (Incorporation) Rules, 2014. Purpose of the e-Form […]
eForm STK-2 – Application by company to ROC for removing its name from register of Companies Part I – Law(s) Governing the eForm Section and Rule Number(s) eForm STK-2 is required to be filed pursuant to Section 248(2) of the Companies Act, 2013 and rule 4, 5, 6 & 8 of the Companies (Removal of […]
In re Swastiks Masalas Pickles and Food Products Pvt. Ltd. (GST AAR Karnataka) i. What is the HSN Code of the product ‘Rava Idli Mix’? The product Rava Idli Mix merits classification under tariff heading 2106 and attracts 18% GST in terms of entry number 23 of schedule-III to the Notification No.01/2017-Central Tax (Rate) dated […]
Procedure For Conversion of Public Company Into Private Company STEP – I Convene Board Meeting of Directors: -To consider in principle Approval for conversion of Public Company into Private Company by altering Articles. -Get Approval to Alteration in Article of Association and Memorandum of Association and recommending the proposal for members’ consideration by way of […]
What is an Alternate Investment Fund (AIF) Fund established or incorporated in India Privately pooled investment vehicle which collects funds from investors, whether Indian or foreign To invest in accordance with a defined investment policy for the benefit of its investors. Category of AIF Category I AIF: Venture capital funds Angel Funds SME Funds Early […]
Council, for bringing the petroleum products under the GST regime, i.e., (i) the matter involves high revenue implications, (ii) requires larger deliberations and (iii) during pandemic times, it would be difficult to bring petroleum products under GST regime.
When company earns a profit or surplus, it is able to pay a proportion of the profit as a dividend to shareholders. Any amount not distributed is taken to be re-invested in the business. Applicable provisions: Chapter VIII- Declaration and Payment of Dividend (Section 123 to 127) read with Companies, (Declaration and Payment of Dividend), […]
