Explains why DIN applications now require a proposed directorship and board resolution. Key takeaway: independent DIN applications are no longer permitted.
Section 269SS of the Income Tax Act prohibits accepting cash loans or deposits of Rs. 20,000 or more. Non-compliance can lead to a 100% penalty under Section 271D.
Understand Form DPT-3 applicability for companies in India, reporting non-deposit money. Learn who must file and the due date for FY 2024-25 (June 30, 2025).