Company Law India: Read latest Company law news & updates, acts, circular, notifications & articles issued by MCA amendment in companies Act 2013. Article on Loans Company formation XBRL, Schedule VI IFRS.
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The request made by some Companies, particularly companies engaged in production of steel to prescribe an appropriate method, to make provision for depreciation based on unit of production rather than straight line or written down value method has been engaging the attention of the Department for quite some time.
directed to forward herewith a copy of the following Notifications published in the Gazette of India for your information and necessary action.
The above format of TDS may be printed on the reverse side of the counterfoil duly signed by persons responsible for deduction of tax.
In exercise of the powers conferred by sub-section (2) of section 1 of the Companies (Amendment) Act, 2002 (1 of 2003), the Central Government hereby appoints the 6th day of February, 2003 as the date on which the provisions of the said Act shall come into force.
For the purposes of sub-rule (7) of rule 4, the expression “Selection Committee” means a committee, the majority of which shall consist of independent directors and an expert in the respective field from outside the company.
directed to forward herewith a copy of the Companies (Second Amendment) Act, 2002 (No.11 of 2003) published in the Gazette of India (Extraordinary) on 14th January, 2003 for your information and necessary action.
Constitution of an Advisory Committee to be called the National Advisory Committee on Accounting Standards under section 210A(1) of the Companies Act, 1956.
Companies have approached the department and courts for refund of the excess registration fees paid by them on account of the said anomaly.
directed to forward here with a copy of the Companies (Amendment) Act, 2002 published in the Gazette of India (Extraordinary) on 1st January, 2003 for your information and necessary action.
In continuation to this Department’s General Circular No. 9/2002 dated 18.4.2002, it is clarified that for Housing Finance Companies registered with the National Housing Bank under Housing Finance Companies (NHB) Directions, 2001