private limited company

Taxability on Conversion of Private Limited Company To LLP

Income Tax - The LLP is one the popular mode of doing the business in India. The LLP Act has provided to convert a private limited company to LLP. The Income tax Act 1961 also has been amended by inserting the provisions related to such conversion. When there is transfer, from one person to another person, the transferor […]...

Read More

How to Convert Private Ltd. Company Into LLP

Income Tax - A Private Company desires to convert its status to LLP Form shall foremost decide the designated Partners of the proposed LLP, as only the members can be the Partners of the converted LLP and of these members of the company at least two Partners would be the Designated Partners.. In case of Body Corporate who […]...

Read More

Income Tax on Shares Buy Back by Unlisted Companies

Income Tax - As we know, a company is a safer form of doing business. A company is a separate person than its shareholders/ members; it has its own personality and having power to assessed separately. The shareholders or members of the company are the real owners of the assets of the company. The company is doing business for the benefit of its stake ...

Read More

Comparison between a Private Ltd Company, OPC and LLP

Income Tax - Comparative Analysis between a Private Limited Company, One Person Company and Limited Liability Partnership S.No Particulars Private Limited Company One Person Company (OPC) Limited Liability Partnership(LLP)   1. Minimum Number of Directors and Shareholders Members/Shareholders – 2 Directors – 2 Note: Directors and members may or m...

Read More

Form of Doing Business In India -LLP, OPC & Private Limited Companies

Income Tax - In this article I will be discussing three forms of business in India and comparison of the same with each other so that those who are deciding to start a new business can compare the same with each other. These three types are as follows :- Limited Liability Partnership (LLP) , Private Limited Company, One Person Company (OPC)...

Read More

Listed public and private sector companie must increase public holding by 25 % by August 2013

Income Tax - Capital market regulator, SEBI today said both public and private sector companies will have to increase public shareholding to a minimum of 25 per cent by August 2013 and there will be no relaxation of the guidelines. SEBI Chairman Mr. U K Sinha told this to reporters on the sidelines of Bombay Stock Exchange function in Mumbai today....

Read More

MCA decided to relax the norms for companies to maintain minimum paid-up capital

Income Tax - The Ministry of Corporate Affairs (MCA) has decided to relax the norms for companies to maintain minimum paid-up capital. According to the Companies Act 1956, the minimum paid-up capital for a private company is Rs 1 lakh and for a listed company Rs 5 lakh. According to official sources, while a company can be set up with any amount, but ...

Read More

Increase in turnover cannot be the sole criteria for steep increase in remuneration payable to director

Shree Laxmi Marketing Pvt. Ltd. Vs ACIT (ITAT Pune) - 15. In so far as the assessee's contention that as the remuneration paid to the directors were increased in a properly called meeting of the Board of Directors, such payment is to be considered as reasonable and not excessive, we are of the view that this contention of the assessee would be of no mu...

Read More
Sorry No Post Found

Recent Posts in "private limited company"

Taxability on Conversion of Private Limited Company To LLP

The LLP is one the popular mode of doing the business in India. The LLP Act has provided to convert a private limited company to LLP. The Income tax Act 1961 also has been amended by inserting the provisions related to such conversion. When there is transfer, from one person to another person, the transferor […]...

Read More
Posted Under: Income Tax |

How to Convert Private Ltd. Company Into LLP

A Private Company desires to convert its status to LLP Form shall foremost decide the designated Partners of the proposed LLP, as only the members can be the Partners of the converted LLP and of these members of the company at least two Partners would be the Designated Partners.. In case of Body Corporate who […]...

Read More
Posted Under: Income Tax |

Income Tax on Shares Buy Back by Unlisted Companies

As we know, a company is a safer form of doing business. A company is a separate person than its shareholders/ members; it has its own personality and having power to assessed separately. The shareholders or members of the company are the real owners of the assets of the company. The company is doing business for the benefit of its stake ...

Read More
Posted Under: Income Tax | ,

Comparison between a Private Ltd Company, OPC and LLP

Comparative Analysis between a Private Limited Company, One Person Company and Limited Liability Partnership S.No Particulars Private Limited Company One Person Company (OPC) Limited Liability Partnership(LLP)   1. Minimum Number of Directors and Shareholders Members/Shareholders – 2 Directors – 2 Note: Directors and members may or m...

Read More
Posted Under: Income Tax | ,

Form of Doing Business In India -LLP, OPC & Private Limited Companies

In this article I will be discussing three forms of business in India and comparison of the same with each other so that those who are deciding to start a new business can compare the same with each other. These three types are as follows :- Limited Liability Partnership (LLP) , Private Limited Company, One Person Company (OPC)...

Read More
Posted Under: Income Tax |

Process-Conversion of Private Ltd. Company Into LLP

PROCESS OF CONVERSION OF COMPANY INTO LLP A Private Company may convert into LLP in accordance with the procedure prescribed in the Third Schedule. Process as given below: ...

Read More
Posted Under: Income Tax | ,

Process for Incorporation of LLP under Companies Act, 2013

Limited Liability Partnerships (LLPs) are commercial vehicles which combine the features of partnership and company form of business .The concept of Limited Liability Partnership (LLP) has been introduced in India by way of Limited Liability Partnership Act, 2008 (notified on 31st March 2008)....

Read More
Posted Under: Income Tax |

Procedure for Formation of Private Limited Company in India

Selection of name for the proposed company: The Promoters have to provide at least 6 names in the order of their preference/priority. The promoters can themselves search for the available names by visiting the MCA website. ...

Read More
Posted Under: Income Tax |

Listed public and private sector companie must increase public holding by 25 % by August 2013

Capital market regulator, SEBI today said both public and private sector companies will have to increase public shareholding to a minimum of 25 per cent by August 2013 and there will be no relaxation of the guidelines. SEBI Chairman Mr. U K Sinha told this to reporters on the sidelines of Bombay Stock Exchange function in Mumbai today....

Read More
Posted Under: Income Tax |

Distinction Between A Public Limited Company And a Private Limited Company

Distinction Between A Public Company And a Private Company – Following are the main points of difference between a Public Company and a Private Company :- 1. Minimum Paid-up Capital : A company to be Incorporated as a Private Company must have a minimum paid-up capital of Rs. 1,00,000, whereas a Public Company must have a minimum paid-u...

Read More
Posted Under: Income Tax |
Page 1 of 212

Browse All Categories

CA, CS, CMA (3,571)
Company Law (3,562)
Custom Duty (6,734)
DGFT (3,536)
Excise Duty (4,059)
Fema / RBI (3,324)
Finance (3,549)
Income Tax (25,820)
SEBI (2,778)
Service Tax (3,296)

Search Posts by Date

January 2018
M T W T F S S
« Dec    
1234567
891011121314
15161718192021
22232425262728
293031