The updated ITR-1 form for AY 2026-27 expands eligibility to taxpayers with up to two house properties and limited equity LTCG reporting. The guide explains the revised rules, filing steps, and key precautions for smooth return filing.
While HUF offers tax advantages, salaried individuals often lack valid corpus. The analysis explains why benefits may be limited in such cases.
MCA has introduced a three-month compliance window allowing companies to clear pending filings by paying only 10% of additional fees. The scheme also offers conditional immunity from penalties, providing a major relief to defaulting entities.
This guide breaks down the mandatory annual e-filing process for the Statement of Account and Solvency (Form 8) for Limited Liability Firms on the MCA V3 portal. It details the steps for reporting solvency, financial statements, and mandatory digital signature requirements.
The MCA V3 portal shifts Annual Return (MGT-7/7A) filing to a web-based system, replacing the old PDF form. It introduces mandatory disclosures, including Registered Office photographs/coordinates, gender-wise shareholding breakup, and integrated Secretarial Audit (MGT-8) certifications. Filers must use the new online mode or Excel Utility, affix DSCs of the designated director, and save data frequently before final submission.
Learn to file MCA AOC-4 on the V3 portal. The process requires direct online data entry for Balance Sheet and P&L figures, followed by DSC affixation and fee payment.
The new MCA V3 system for AOC-4 is now live. Learn about the mandatory justifications for previous year figures, linked web-forms (AOC-1, AOC-2), and new non-financial compliance checks (Audit Trail, POSH).
Guide to MGT-7/7A Annual Return on MCA V3: Choose MGT-7 or MGT-7A based on size, submit office photos with a signing director, and ensure DSC/shareholder data matches AOC-4.
Navigate common MCA V3 filing errors for AOC-4 (Financial Statements) and MGT-7/7A (Annual Return). Get solutions for DSC, data mismatch, sequence, and disclosure problems.
Learn about Section 12(3) of the Companies Act, 2013, which mandates disclosures like CIN and registered office address on all official documents.