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Quick Walk – IND AS 115 – Revenue Recognition

December 13, 2022 2427 Views 0 comment Print

Explore the quick walk-through of IND AS 115 – Revenue Recognition. Learn the critical steps, including identifying contracts, performance obligations, measuring progress, and allocating transaction prices.

Appointment of Director In Case of Casual Vacancy

December 13, 2022 75270 Views 1 comment Print

 Procedure for appointment of director in casual vacancy – Ensure that the person being considered for a directorship to fill a casual vacancy does not have any of the disqualifications listed in Sections 164 and 165 of the Act.

Appointment of Nominee director under Companies Act, 2013

December 13, 2022 73677 Views 1 comment Print

Discover the process of appointing a Nominee Director under the Companies Act, 2013. Learn the meaning, prerequisites, and step-by-step procedure, including resolutions, consents, filings, and registrations.

Form 20A – Declaration of Commencement of Business

December 13, 2022 11331 Views 0 comment Print

Form 20A is a declaration that must be filed by the directors of the firm at the start of the business. In practise, it should be verified by a Chartered Accountant (CA), a Company Secretary (CS), or a Cost Accountant.

All about Conversion of an OPC to a Private Company

December 13, 2022 50316 Views 4 comments Print

According to Section 2 (62) of the Corporation Act 2013, a One Person Company is a company formed under the Company Act 2013 with just one member.

Authorised Share Capital Increase

December 13, 2022 53787 Views 2 comments Print

Understand the process of increasing Authorized Share Capital for a Private Limited Company in India. Explore steps like AOA verification, Board Meeting, EGM, ROC form submission, and share allotment.

Conversion of LLP to Private Limited: Direct & Indirect Tax issues & practical difficulties

December 13, 2022 9804 Views 0 comment Print

Explore the intricacies of converting LLP to a Private Limited Company in India. Learn about direct and indirect tax implications, financial year adjustments, compliance challenges, and practical difficulties.

Registered Office Address change- ROC

December 13, 2022 51306 Views 0 comment Print

Learn the process of changing a registered office address with ROC in India. Understand the types of modifications, required documents, and why it’s crucial.

Credit of service tax cannot be denied on the ground of ‘no nexus with output services’

December 13, 2022 1632 Views 0 comment Print

In the instant case, the view of the Authority to reject the credit on the ground of ‘no nexus’ could have been done only by taking recourse to Rule 14 of CCR. In the present case, since the Authority has rejected the credit solely on the ground of ‘no nexus’ which legally does not sustain.

Conversion of A Partnership Firm Into A Private Limited Company – Prerequisites & Steps

December 13, 2022 142575 Views 1 comment Print

Discover the process and requirements for converting a partnership firm into a private limited company under the Companies Act, 2013. Learn about key steps, prerequisites, and the legal transition.

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