A. Applicability of Form INC 22A– Every Company incorporated on or before 31st December 2017. B. Companies restricted from filing INC 22A 1. Companies which has not filed its Financial statements u/s 137 or Its Annual returns u/s 92 or Both 2. Companies in which Directors DIN status is other than approved. C. Companies Not […]
Under GST ‘Mixed Supply‘ Means a combination of two or more goods or services made together for a single price. Each of these items can be supplied separately and is not dependent on any other. Under GST ‘Composite supply‘ means a supply comprising two or more goods/services, which are naturally bundled and supplied in with […]
As per Sec 10A of Companies Act, 2013 (1) A company incorporated after the commencement of the Companies (Amendment) Ordinance, 2019 and having a share capital shall not commence any business or exercise any borrowing powers unless— (a) a declaration is filed by a director within a period of one hundred and eighty days of […]
GST Registration is PAN based & state specific, however more than one GSTIN can be obtained in a single state or union territory if a person carries on multiple business verticals or having multiple branches within the state or union territory as the case may be.
Generally, Long term gains arising from sale of equity shares listed in recognized stock exchange were exempt u/s 10(38) but exemption of the same has been withdrawn by the Finance Act,2018 w.e.f Assessment Year 2019-20 and the new section 112A was introduced in the Income-tax Act. Therefore any long term gains arising out of sale […]
What is works contract? In simple words works contract is a contract of service which may also involve supply of goods in execution of the contract. With a service part of contract being basis, works contract is basically a composite supply of both services & goods. The term Works Contracts has been defined in Section […]
Earlier in order to obtain IEC, DSC was mandatory for submitting e-IEC application, Since there were many difficulties in order to submit application through DSC ,DGFT (Director General of Foreign Trade) vide public notice no 27 dated 08th August 2018 has removed DSC for submitting the applications with a view to automate the process of […]
