isqualified directors were moving here and there in search of relief. Finally, MCA has emerged with some sought of relief i.e. Condonation of delay scheme, 2018’, wherein all defaulting Companies* (which are not stuck off from MCA record) are given a chance to file their pending documents/returns which are due till June 30, 2017.
Insolvency and Bankruptcy Code (Amendment) Bill, 2017 was first introduced by finance minister Arun Jaitley on Thursday (December 28, 2017) and passed by Lok Sabha on Friday (December 29, 2017).
As per section 96 of CA, 2013, every Company (other than OPC) shall hold a general meeting annually (exclusive of any other meeting). But if any default is made in holding the annual general meeting of a Company u/s 96, then the Tribunal (NCLT) shall come into the picture.
Meaning of Financial Year under Companies Act, 2013: As per Section 2(41), financial year in relation to a company or body corporate, means the period ending on the 31st day of March every year, and where it has been incorporated on or after the 1st day of January of a year, the period ending on […]
A GLIMPSE OF ALL THE DUE DATES UNDER INCOME TAX, GST, PF, ESIC FALLING IN THE MONTH OF DECEMBER, 2017 Calender for the Month of December, 2017 7th Dec 2017:- Income Tax, Income Tax Due date for deposit of Tax Deducted /Collected for the month of November, 2017 10th Dec 2017:- GST– Filing of returns […]
DO’s & DONT’s WHILE USING GSTR-2 OFFLINE TOOL The main aim of designing GSTR-2 offline tool (Inward Supply) is to enable taxpayers to prepare the details of missing invoices from other taxpayers (registered or un-registered) without using internet (in offline mode). In this write-up, every section of GSTR-2 offline tool shall be discussed, particularly the […]
In a layman language, deemed export means the goods when supplied, does not leave India and payment for which is received either in Indian rupees or in convertible foreign exchange, if such goods are manufactured in India. (Section 147 of CGST Act, 2017). By and large, all the provisions related to ‘export’, shall be applicable to ‘deemed export’,but following are the provisions which are applicable to deemed export only.
It is not less than a nightmare for all those Directors who were recently trapped after being disqualified from their directorship. MCA, after releasing a list containing number of names of disqualifying directors, has actually changed the rule of game.
GST in its 22nd Council Meeting took remarkable decisions. After approx 3 months of roll out of GST, taxpayers are facing problems. In order to ease out these problems, significant changes has been made. In this write-up, highlights of the changes taken in 22nd GST council meet will be discussed: ♣ Increase in threshold limit […]
Due to extension of various due dates under GST, due to which there are number of compliances falling in the month of October, 2017. In this write-up, compliances under GST, Companies Act & Income Tax Act which are to be done in the month of October, 2017 are discussed. Compliances Falling In The Month Of […]
