To reduce the burden of various compliances, Govt. has introduced a scheme of Presumptive Taxation under section 44AD, 44ADA and 44AE of the Income Tax Act 1961.
What is Form DPT 3, who should file it and due date of filing Form DPT 3 In order to safeguard the interest of deposit holders or creditors of the Company, the Central Government in consultation with the Reserve Bank of India (RBI) notified in the Companies (Acceptance of Deposits) Amendment Rules, 2019 to amend the Companies (Acceptance […]
What is GSTR 9 annual return? GSTR 9 form is an annual return which is required to be filed once in a year by every registered taxpayers under GST. It consists of details regarding the supplies made and received during the year under different tax heads i.e. CGST, SGST and IGST. Who should file GSTR […]
As we are aware, that Ministry of Corporate Affairs, is knee to improve Corporate Governance and Compliance on the part of the Company after successful roll out of DIR-3KYC for Directors/DIN holders, has introduced the E-Form (INC-20A) Commencement of Business Certificate under the Companies (Amendment) Ordinance 2018. All you need to know about E-Form INC-20A: Occurrence of Events Time Lines […]
Private Limited Company is the most preferred structure to carry on business for an entity intending to make a profit and enjoy the benefits of an incorporated entity, particularly limited liability. Besides, limited liability, Separate legal entity, perpetual succession and various other benefits there are also mandatory compliances applicable to the Private Limited Company in […]
Government has finally extended the due date of Filing INC 22A ACTIVE as officially confirmed by MCA. New due date of filing will be 15th June 2019 now. It may be noted that due date of filing of this form was 25th April 2019; failing to file could have entailed a penalty of INR 10000. MCA has […]
In India, the concept of Limited Liability Partnership (LLP) was introduced in 2008 with the introduction of Limited Liability Partnership Act, 2008. Incorporating LLP has a blend of the benefits of a Company and a Partnership Firm namely limited liability feature of a company and the flexibility of a Partnership firm. Considering the upward moving trend […]
The new e-form recently rolled out by Ministry of Corporate Affairs (MCA) is ACTIVE (INC-22A), and is part of the ACTIVE (Active Company Tagging Identities and Verification) exercise. 1. APPLICABILITY: Every company incorporated on or before 31st December, 2017 shall file the particulars of the company and its registered office, in e-Form INC-22A known as e-Form ‘ACTIVE’ (Active Company […]
This article explains the complete step-wise procedure for registering an LLP in India. In upcoming sections, you will read details on exact process, documents needed for LLP registration, Form to be filed for LLP registration and comprehensive guide for you to understand all about LLP registration in India. Limited Liability Partnership (LLP) was introduced in India […]
1. What is LLP Annual Filing? Limited liability partnership is a partnership with limited liability. Every LLP which are registered with the Ministry of Corporate Affairs have to file the Annual Returns and Statement of Accounts every year.
