Section 230 of Companies Act, 2013, outlines procedures for compromises and arrangements between companies and creditors or shareholders. Learn about NCLT approval process.
Understand tax implications of financing a wholly owned subsidiary through loans or equity, covering Sections 36(1)(iii), 57 of IT Act, and 186 of Companies Act.
Angel tax removal promises easier investments for startups. However, concerns over valuation, existing litigations, and tax authorities challenges remain unresolved.
Section 40A(3) restricts cash payments exceeding ₹10,000 in business transactions. Exceptions apply for specific cases like transporters, government payments, etc.
Captain Vikram Batra’s bravery in Kargil War is unmatched. Should the Bharat Ratna be awarded to him? It’s time for the government to decide or abolish the award.
The online application portal for Empanelment with UCO Bank of CA firms for Concurrent Audit will remain open from 09.09.2024 (10:00:00 hrs) to 16.09.2024 (16:59:59 hrs) To apply online for Engagement of Concurrent Auditors. Engagement of Chartered Accountant for conducting Concurrent Audit of UCO Bank [FOR THE PERIOD 01-10-2024 TO 30-09-2025] Last date for submission […]
MCA sets new thresholds for Competition Act mergers. Minimum assets valued at ₹450 crore, and turnover at ₹1,250 crore. Effective from September 10, 2024.
MCA updates combination criteria under Competition Act. New rules outline qualifying entities and affiliates for merger notifications. Effective from September 10, 2024.
Competition (Criteria for Exemption of Combinations) Rules, 2024 outlines exemptions under the Competition Act for specific categories of combinations.
NFRA imposes Rs 1 lakh penalty on CA Lavitha Shetty for failing to submit complete information on audit revenue from related parties during MACEL audit proceedings.
