As per rule 11(f), a person can apply for surrender of DIN only in the situation when DIN is unused and never used for appointment as director in any Company (except situations like unsound mind, death, and insolvent).
These FAQ’s are based on Latest amendments including Amendment by Companies (Amendment) Act, 2017 in relation to Filling of Financial Statement and Annual Return for financial Year ended on 31.03.2018. Q.1. As per Companies Act, 2013 Statutory Auditor shall be appointing for 5 financial years subject to ratification by members in every AGM. However, Companies […]
The Directors’ report starts with the financial results of the year which will show the working results for the year under review, the Net Profit Before Tax (PBT) and the Net Profit After Tax (PAT) and the appropriation of profit including the transfer to general reserve which has been left to the Director to decide.
Article Compiles month wise Due dates for E-payment of Service Tax for by Companies, Submission of Form No. 27C (TCS), Payment of TDS/TCS , Return of TDS, Payment of Advance Income tax by All Assessees (100%)(including 44AD cases), E-Payment of Provident Fund (PF), TCS Return in form 27EQ, Due date for issue of Form 16B in respect of tax deducted under Section 194-IA , Payment of ESI , E payment of service tax and Filing of ITR.
MCA has further amended Companies (Accounts) Rules, 2014, these rules called Companies (Accounts) Amendment Rules, 2018. MCA has came up with new rule 8A on 31st July, 2018 with Abridged form of Directors report disclosure and prescribed separate bunch of disclosures for Small Company and One Person Company (OPC). As per Companies amendment Act, 2017 […]
Who have to File DIR-3 KYC? Every Director who has been allotted DIN as on or before 31st march of a financial year submits e-form DIR-3KYC with central government.
MCA vide notification dated: 05th July, 2018 has amended many rules of Companies Act, 2013 to support notified 75 sections of Companies Amendment Act, 2017. In this editorial author shall endeavor to briefly discuss such amended rules.
In this article author analyses provisions of Section 185 of Companies Act, 2013 as substituted by Companies Amendment Act, 2017 related to Loan to Holding Companies.
Notifications Notifying applicability of Sections of Companies Amendment Act, 2017 MCA vide notification dated 05th July, 2018 notified 4 Section of Companies Amendment Act, 2017. These 4 sections shall be come into effect w.e.f. 15th August, 2018. (LIST A). MCA vide notification dated 05th July, 2018 notified 1 Section of Companies Amendment Act, 2017. (LIST […]
To make it convenient, ease of doing business RBI will introduce a Single Master Form (SMF) subsuming all the existing reports. The focus of RBI is on integrating the foreign direct investment reporting system and RBI has introduced TWO FORMS for this.
