Income Tax : Find out everything you need to know about Equalization Levy, including the specified services and e-commerce supplies subject to ...
Income Tax : With globalization, people and corporates venturing abroad for work and to explore foreign markets is common. This brings a need t...
Company Law : Many companies availed benefit of the Companies Fresh Start Scheme (CFSS) 2020 last year. Last year MCA came up with the Companies...
Income Tax : The recent CBDT circular on extension of due date for assessees required to get their accounts audited u/s 44AB has brought to lig...
Income Tax : The income tax department in its latest drive has started de-activating PAN of all income tax assesses who were allotted more than...
The time for filing the income tax return for FY 2015-16/AY16-17 is here. In this situation, following are some important points that every individual must know for filing income tax return this year.
Foreign Account holders beware; the Income Tax department has started issuing notices to persons having foreign assets about the disclosures of such assets and income accruing from them in the Indian IT Return.
Procedure for Change of name of a private limited company as per Companies Act’ 2013-This article describes the procedure for change of name of the company. The change in name entails change in the Memorandum and articles of association of the company.
This article describes the procedure for change in the Object Clause of the Memorandum of the company. First we should know how many clauses are there in the memorandum of any Company registered in India.
Things to remember while altering/ Amending/ Changing Memorandum of Association (MOA) or Articles of Association (AOA) under Companies Act’2013.
Recently, EPFO allowed its subscribers to file their PF withdrawal applications directly to the retirement fund body without employers’ attestation thereby easing the process of PF withdrawal by employees.
Identity proof of applicant-PAN is mandatory for Indian residents and passport is mandatory for foreign nationals. Address proof of applicant-Passport/Voter ID Card/Driving License/Aadhar Card not older than two months.Passport size photograph of the applicant.
Assessees beware!! The Government has started a new campaign called E-Sahyog to ask for information/response from assessees where there is mismatch found in information given by the assessees in the Income Tax return and that given to/by other third parties in respect of the assessee.
Requirements for conversion into LLP Consent of all shareholders should be obtained for conversion into LLP. All the existing shareholders of the company become the designated partners of the LLP in order to save tax. Latest copy of Income tax return is to be filed with ROC. Consent of all creditors of the company is needed. No prosecution should have been initiated under the Companies Act.
The time for preparation of the first financial statements as per the Companies Act’2013 is here. One of the most important provisions of the Act for Companies as well as the auditors to consider is the new method of the calculating depreciation as per Schedule II Part C of the Companies Act’2013.
