GST Council held its 43rd meeting on 28th May 2021 and in this meeting GST Council recommended various changes relating to change in GST rates and changes related to GST law and procedures but in this article we will discuss amnesty scheme for GSTR-3B, rationalization of late fee and waiver of late fee for the […]
AOC- 4 XBRL- Form for filing XBRL document in respect of financial statement and other documents with the Registrar AOC-4 XBRL is required to be filed pursuant to Section 137 of the Companies Act, 2013 and Rule 12(2) of the Companies (Accounts) Rules, 2014 read with Companies (Filing of Documents and Filing of Forms in Extensible […]
As all of you knew, since inception of Goods and Service Tax regime, many amendments / alteration has been done by Govt. Memorizing of all Chapters, Sections, forms is a big challenge. Some point of time it make you irritated, and you doubt your capability, I have below tips / techniques to help you in […]
Convening Annual General Meeting through video conferencing (VC) or other audio visual means (OAVM) In view of the Covid-19 pandemic, where restriction on physical movements is necessary, the Ministry of Corporate Affairs (MCA) vide its circular no. 02/2021 dated January 13, 2021 read with MCA circular, no. 20/2020 dated May 05, 2020; circular no. 17/2020 […]
We have recently discussed a lot about the incorporation, post incorporation and the requisite compliances of a Nidhi Company but in this article, we shall study about the exemptions available to Nidhi Companies from compliance of various sections of the Act and the impact of such exemptions.
The Companies Act,2013 has prescribed various limits for the appointment of auditors, directors and committees which is difficult to remember in one go. So below is the confined chart consisting of all the limits prescribed under Companies Act,2013. Constitution of Committees S.No. Name of the Committees Which companies are required to form such committees 1. […]
LISTING REGULATIONS A Bible for Listed Companies STRUCTURE OF SESSION ♦ Background ♦ Amendments easing Compliance Burden ♦ Amendments enforcing Corporate Governance ♦ Amendments for symmetric info. dissemination ♦ Open Discussion: SEBI Proposed Changes As a Compliance Officer/ PCS/ Consultant, one needs to be well-versed with the Listing Regulations Regulation 3: Applicability In terms of […]
As per section 9 of the MMDR Act 1957, the holder of a mining lease granted before or after the commencement of this Act shall pay royalty in respect of any minerals removed or consumed from the leased area. Various activities of mining were earlier chargeable to service tax.
GST Department can not force directly to the Buyer to reverse the Input Tax Credit, Because Supplier did not Deposit to the Government kitty (Section 16 of CGST Act 2017) I hope everything is fine on your side in this Covid -19 Pandemic situation. There are some defaulter seller in the market who collect the […]
Nowadays, the day starts with the Digital Era, where we have an almost fixed schedule of attending meetings on an online platform like MS teams or Zoom, where the status of almost everything is discussed along with the target dates along with the responsible persons. This meeting has a major difference in comparison of board […]
