Explore the Madras High Court’s ruling on natural justice in re-assessment proceedings under the Income-Tax Act, 1961, addressing notice discrepancies and principles of fairness.
The Registrar of Companies, Hyderabad recently imposed a penalty of INR 2,00,00,000/- (Two Crore only) on a company and its officer in default. Additionally, the company has been directed to refund all the money accepted in violation of section 42 of the Act, along with interest. The penalty was imposed because the company failed to […]
Modified Resolution Plan cannot be directly presented to NCLT without receiving final approval from the Committee of Creditors (COC).
Revised e-Filing Helpdesk number for General Queries related to Income Tax, Rectification, Refund, Intimation and other Income Tax Processing Related Queries, e-Filing of Income Tax Return or Forms and other value added services provided through e-Filing Portal, Form 16, Tax Credit (Form 26AS) and other queries related to TDS statement, Form 15CA processing and Queries […]
In an ever-evolving business landscape, the ability to effectively manage risks is crucial for the long-term success and sustainability of any organization. Traditionally, companies have relied on conducting periodic risk assessments, often on an annual or semi-annual basis. However, with the dynamic nature of risks in today’s business environment, organizations are increasingly turning to a more agile and proactive approach known as rolling risk assessment.
Company had issued a private placement offer letter before filing the relevant special resolution in the registry, which is a violation of Section 42(3) of the Companies Act, 2013, read with Rule 14(8) of the Companies (Prospectus and Allotment of Securities) Rules, 2014.
Strike off simply means close, Strike off a company simply means removal of name of the company from Register of Company. By the process of Strike off, business operation of a company comes to an end. Under Companies Act, 2013, there are provisions for strike off of a company.
Navigate the new LLP incorporation process with ease using this comprehensive checklist. From DSC requirements to name reservation and incorporation details, ensure a smooth start for your Limited Liability Partnership. Get expert guidance on essential documents, PAN and TAN application, and the post-incorporation LLP Agreement.
Unlock the ABC of External Commercial Borrowings (ECB) under RBI regulations. Delve into the basics, eligibility, documentation, and essential guidelines for businesses seeking debt funding from foreign sources. Stay informed about the latest ECB regulations and make well-informed financial decisions for your company’s growth. Get insights from experts on ECB application, subsequent compliances, and the crucial aspect of compounding in case of contraventions.
Explore the ITAT Delhi ruling on the taxation of on-money received on the sale of agricultural land, examining the exemption and tax implications under the Income Tax Act.
