Finance : Compare LLP and Pvt Ltd in terms of taxation, compliance, auditing, and ownership. Understand key differences to choose the right ...
Company Law : Learn about the process & provisions for incorporating a subsidiary company in India, including necessary documents, regulations, ...
Company Law : Explore the new rule by MCA requiring private companies to dematerialize shares. Learn compliance steps, timelines, and benefits o...
Corporate Law : Explore the differences between Private Limited Company, LLP, and Partnership Firm to make informed choices for your business setu...
Company Law : Discover why choosing a Private Limited Company is a preferred option for raising funds in a startup business. Learn about equity ...
SEBI : Capital market regulator, SEBI today said both public and private sector companies will have to increase public shareholding to a ...
Company Law : The Ministry of Corporate Affairs (MCA) has decided to relax the norms for companies to maintain minimum paid-up capital. Accordin...
Company Law : Himachal Pradesh High Court held that stamp duty/ registration fee not leviable on conversion of public limited company to private...
Income Tax : 15. In so far as the assessee's contention that as the remuneration paid to the directors were increased in a properly called meet...
Company Law : Exemptions to Government Companies under section 462 of the Companies Act 2013 vide notification dated 02.03.2020. GOVERNMENT OF I...
Annual Compliances for Private Company based on Paid-Up Share Capital under Companies Act, 2013. Article Annual Compliances for Private Company when paid up capital is less than Rs. 2 Crore, when Paid-Up Share Capital is more than Rs.2 Crores, when Paid-Up Share Capital is Rs. 5 Crores or more, when Paid-Up Share Capital is Rs. […]
Annual Compliances for Private Company on the basis of Turnover under Companies Act ,2013. Article explains Annual Compliances for Private Company when turnover is more than Rs. 20 Crores, when turnover is more than Rs.100 Crores, when turnover is more than Rs.200 Crores and when turnover is more than Rs.1000 Crores. Annual Compliances for Private […]
The name of a private limited company can be changed anytime with the approval of the shareholders and Ministry of Corporate Affairs (MCA). The change of name shall not be allowed to a company which has not filed annual returns or financial statements due for filing with the Registrar or which has failed to pay […]
After the announcements made in the Finance bill 2017 it is important to discuss the comparison between an LLP and Private limited company from a taxation point of view.
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 holders. The Shareholders may appoint Board
Before starting a business, there are many things that run through our mind and one question that comes to everyone’s mind is whether to incorporate a private limited company or not? What are the benefits of private limited companies? Are there any disadvantages of a private limited company? Private Limited Company: A Private limited company is formed […]
Statutory Remedy Against Refusal to Transfer Shares Under Section 58 of the Companies Act 2013 The process to be followed by the shareholders, if the company refuse to transfer their shares. The power can be exercised by the shareholders as per the provisions of section 58 of the Companies Act, 2013. Statutory Remedy Against Refusal […]
Exemptions to Government Companies under section 462 of the Companies Act 2013 vide notification dated 02.03.2020. GOVERNMENT OF INDIA MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 02 March, 2020 G.S.R. 151(E). – In exercise of the powers conferred by clauses (a) and (b) of sub‑section (1) and in pursuance of sub-section (2) of section […]
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 […]
Introduction:- Operating a LLP form of business organization can be a hurdle as other form of business organizations offers better opportunities for the growth & expansion of the business. Therefore, the amazing benefits offered by the other organizational structures will attract the shareholders. Thus, that would lead to the conversion of LLP into Private Limited […]
