FinTech is a combination of the terms ‘finance’ and ‘technology’ and refers to any business that uses technology to enhance or automate financial services and processes. The term encompasses a rapidly growing industry that serves the interests of both consumers and businesses in multiple ways. From mobile banking and insurance to cryptocurrency and investment apps, […]
Repayment of Home Loan comprises of 2 components – Principal and Interest. Treatment of repayment of principal and interest are governed by 2 different sections of the Income Tax Act, 1961. Section 80C of the Income Tax Act allows for a deduction of payment of principal component and it is allowed on the basis of […]
CLASS OF TRADEMARK DESCRIPTION Trademark registration protects your company’s goodwill and reputation across the world. With a trademark, one may readily familiarise his or her company with the target market. Graphics, text, words, or a mix of these components can all be used to represent a trademark. It may be used on the company’s letter […]
The word takeover is been coined its significance through competitive pressure and an increasing growth across geographies and industries. Takeover is an inorganic corporate restructuring strategy which is been adopted by business houses, enterprises now a days to address future challenges and survive in the competitive world. Through takeover one company acquires control over another […]
ICAI removes name of 6 Chartered Accountants from Register of Members vide notifications dated 11th January, 2022 for Professional Misconduct under provisions of Section 21B(3) of the Chartered Accountants Act, 1949 read with Rules 18(17) and 19(1) of the Chartered Accountants (Procedure of Investigations of Professional and Other Misconduct and Conduct of Cases) Rules, 2007. […]
Where a supply could not be declared by the registered person in GSTR 1 of an earlier tax period, though the tax on the same was paid by correctly reporting the said supply in GSTR-3B. The details of such supply may now be reported by the registered person in the GSTR 1 of the current tax period. In such cases, there could be a mismatch between GSTR 1 and GSTR 3B in the current tax period.
Vide Notification No. 3/2022-Income Tax | Dated: 11th January, 2022 CBDT notifies Tax Exemption to ‘International Financial Services Centres Authority’, Gandhinagar, Gujarat, an authority constituted under sub-sections (1) and (3) of section 4 of the International Financial Services Centres Authority, Act, 2019 (50 of 2019), in respect of the specified income under section 10(46) of […]
ROC Chhattisgarh has issued a notice under Rule 37(3) of LLP Rules, 2009 intimating the name of the 10 Limited Liability Partnerships whose name have been struck off from the Register and which stands dissolved. GOVERNMENT OF INDIA MINISTRY OF CORPORATE AFFAIRS OFFICE OF THE REGISTRAR OF COMPANIES, CHHATTISGARH-CUM- OFFICIAL LIQUIDATOR, ATTATCHED TO HIGH COURT […]
MCA notifies section 80 of Companies (Amendment) Act, 2017 wef 1st July, 2022 which relates to amendment in Section 403 of Companies Act, 2013. Section 403 of Companies Act, 2013 deals with Fee For Filing, etc. Government of India Ministry of Corporate Affairs Notification New Delhi, the 11 January, 2022 S.O. 147(E).- In exercise of […]
MCA notified amendment in section 403 of Companies Act, 2013 wef 01.07.2022 which related to Fee For Filing, etc. by notifying section 56 of Companies (Amendment) Act, 2020 Government of India Ministry of Corporate Affairs Notification New Delhi. the 11th January, 2022 S.O.148(E).- In exercise of the powers conferred by sub-section (2) of section 1 […]
