Part I – Law(s) Governing the eForm ADT-3 Rule Number(s) eForm ADT-3 is required to be filed pursuant to Section 140(2) of the Companies Act, 2013 and Rule 8 of the Companies (Audit and Auditors) Rules, 2014 which are reproduced for your reference. Section 140: (2) The auditor who has resigned from the company shall […]
Start-up Recognition: The keyword is innovation, thus a business would either develop a new product/ service or redevelop a current product/service into a better product. Definition of Start-up:- The term ‘start-up’ or “start-up company” means a private company incorporated under the Companies Act, 2013 (18 of 2013) or the Companies Act, 1956 (1 of 1956) and […]
In this article we shall discuss the impact of security service (by way of personal) provided to the Co-operative Housing Society (CHS) also Resident Welfare Association (RWA). Articles and fliers on co-operative societies are available therefore not discussed here. The main discussion is when unregistered other than body corporate supplies security (services provided by way […]
eForm SH-8 is required to be filed pursuant to Section 68 of the Companies Act 2013 rule 17(2) of the Companies (Share Capital & Debentures) Rules, 2014
Introduction to ESOP ESOPs have been a significant component of the compensation for the employees of start-ups, as it allows the founders and start-ups to employ highly talented employees at a relatively low salary amount with balance being made up via ESOPs. Currently ESOPs are taxed as perquisites under section 17(2) of the Act read […]
eForm PAS-3 is required to be filed pursuant to Section 39(4) and 42(9) of the Companies Act, 2013 and rule 12 and 14 Companies (Prospectus and Allotment of Securities) Rules, 2014
Part I – Law(s) Governing the e-Form ADT-1 Rule Number(s) eForm ADT-1 is required to be filed pursuant to Section 139 and 140 of the Companies Act, 2013 and pursuant to rule 4(2) of the Companies (Audit and Auditors) Rules, 2014. Section 139: (1) Subject to the provisions of this Chapter, every company shall, at […]
Part I – Law(s) Governing the eForm BEN-2 Section and Rule Number(s) eForm BEN-2 is required to be filed pursuant to Pursuant to Section 90(4) of the Companies Act, 2013 and Rule 4 of the Companies (Significant Beneficial Owners) Rules 2018, which are reproduced for your reference. Section 90(4): Every company shall file a return […]
Part I – Law(s) Governing the eForm DPT-3 eForm DPT-3 is required to be filed pursuant to rule 16 and 16A of the of the Companies (Acceptance of Deposits) Rules, 2014 which are reproduced for your reference. Rule 16: Return of deposits to be filed with the Registrar: Every company other than Government company to […]
Annual Information Statement (AIS) – Income by long-term capital gain (LTCG) from units by an offshore fund u/s 115AB(1)(b) With its recent roll-out, the Annual Information Statement is currently the latest talk of the town. Due to its comprehensive coverage, it has started creating havoc amongst the taxpayers. Broadly speaking, the Annual Information Statement is […]
