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Archive: February, 2023

Posts in February, 2023

Step by Step Process for DSC Registration on MCA21-V3 Portal

February 6, 2023 38148 Views 0 comment Print

> Download EMSIGNER and EMBRIDGE BOTH for DSC registration on MCA21-V3 Portal. > Change PIN/ Password of the DSC (For First Time Association under this Service). > For Professionals, Directors, Designated Partners, Manager, Secretary, Authorized Representatives, Professional Staff Members, registration as a ‘BUSINESS USER’  is MUST for completion of DSC Registration. > One person can […]

Section 206(1G): TCS on Outward Remittance under LRS after Budget 2023

February 6, 2023 143388 Views 16 comments Print

Know section 206(1G) TCS on outward remittance under LRS with budget 2023. Explore details of RBI LRS & overseas tour program package w.e.f. 10.2020.

ETFs Explained (Exchange Traded Funds)

February 6, 2023 1908 Views 0 comment Print

ETFs are investment funds that trade on stock exchanges, just like individual stocks. They provide investors with exposure to a diversified portfolio of assets, such as stocks, bonds, commodities, or a combination of these.Advantages of ETFs

Private Placement without conducting EGM – ROC reduces Penalty

February 6, 2023 1269 Views 0 comment Print

During the course of Inquiry, it was observed that the e-Form PAS-3 filed for issue of 9,00,000/- worth of equity shares through private placement offer. Upon examining reply of Shri. S. Ragu, Director, it is inferred that the board meeting agenda speaks only about allotment of shares with no mention of Private Placement to M/s. […]

ROC reduces penalty for not filing Annual Returns considering alleged fraud by Ex-Director

February 6, 2023 1494 Views 0 comment Print

Authorized Representatives have appeared for the Appellants, while reiterating the grounds taken in the appeal had stated that the Company was not in a position to conduct the AGM and file the statutory returns in time, as Shri. Shahul Hammed, Ex-Director who was in-charge of banking, accounting and maintaining of registers, has misappropriated the company’s […]

Direct Tax Proposals – Budget 2023

February 5, 2023 4521 Views 0 comment Print

Opt for presumptive profits with the Union Budget 2023 – Direct Tax Proposals, raising threshold to Rs. 3 crores! Learn more here.

Proposed Amendment in Finance Bill 2023 in GST

February 5, 2023 6246 Views 0 comment Print

GST amendments in the Finance Bill 2023 proposed by Mrs. Nirmala Sitharaman. Get an analysis of the clause-by-clause changes with reference to the GST Act

Analysis of Impact on Delay Payment To MSME Under Income Tax

February 5, 2023 41436 Views 2 comments Print

Discover the analysis of impact on delay payment by Indian MSMEs under income tax. Learn how these delays affect India’s GDP, employment & more.

Home Buyers under IBC

February 5, 2023 16467 Views 2 comments Print

Under the IBC, Homebuyers can now initiate CIRP against defaulting Builders & join the COC. Home Buyers under IBC protected by the court in Chitra Sharma Case to ensure liquidation value of their financial interest.

UAE Corporate Tax (UAE CT) – A Curtain Raiser

February 5, 2023 2919 Views 0 comment Print

Get an insight to UAE Corporate Tax (UAE CT) – A Curtain Raiser with Federal Decree Law No. 47 of 2022. Learn about CT provisions with the help of Federal Tax Authority from June 2023.

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