MINISTRY OF CORPORATE AFFAIRS: NEW RELAXATIONS AMID COVID 19 SURGE In view of difficulties arising due to resurgence of covid-19 and representations received from stakeholders requesting relaxation of timelines for filing of Forms and relaxation on levy of additional fees on filing of certain forms, Ministry of Corporate Affairs (MCA) has decided to provide the […]
1. Waiver of Interest for the delay in deposit of tax for the month of March and April 2021 (Notification 08/2021-Central Tax dated 01st May 2021) 1. Taxpayer having turnover of more than Rs 5 crores 15 days from the due date: – 9% of the tax payable After 15 days from the due date:- […]
REFUND OF ITC PAID UNDER EXPORT OF GOODS / SERVICES WITHOUT PAYMENT OF IGST This article clearly explains, how to fill and submit Refund Application for claiming REFUND unutilised ITC against Export of Goods/Services without payment of IGST (means, Sales against LUT) Path: Click on Services menu ——> Refunds ——> Application for Refund — > […]
Are you a young entrepreneur full of new & unique ideas about any product or service but not getting any platform about how to start it ? If your answer is Yes, then my article on startup will be very useful for you all. This article will let you know about the meaning of startup, […]
INSURANCE REGULATORY UPDATES –MAY, 2021 The IRDAI and Insurance Law updates provides synopsis of the introduction, amendments and changes brought by the Government the previous month ( April 2021) is being published in this bulletin. Sr. No. Particulars Page No. 1. IRDAI through Circular No. IRDAI/ACT/CIR/MISC/070/04/2021 dated 1st April,2021 has instructed the insurers to submit Technical […]
The taxation of the digital economy was first on the Organization for Economic Co-operation and Development (OECD) list of 15 Base Erosion and Profit Shifting (BEPS) Action items. BEPS Action Plan 1 was announced in 2013 in which it had partially addressed the challenges that would be faced by the digital economy.
Dr Sanjay Chaturvedi, LLB, PhD. COVID-19 has brought many questions on Force Majeure. Genuine cases where the performance is not possible because huge migration of construction labour in the country does exist. The government lifted Lockdown rules on 8th April 2020 and issued a SOP for construction workers. The SOP was for their accommodation and food, social […]
The Hon’ble Allahabad High Court in G. K. Trading Company v. Union of India & Ors. [Writ Tax No. 666 of 2020, dated December 2, 2020] dismissed the petition filed for prohibiting another proper officer to initiate any inquiry/proceeding on the same subject-matter. Held that, there is no proceeding initiated by a proper officer on […]
Article compiles Due dates of various ROC forms with Relevant Applicable Provisions of Companies Act, 2013. It Compiles information about Form INC 20A, ADT-1 (Appointment of Auditor), ADT-3 (Resignation of Auditor), DIR-3 KYC (Verification of Din of a Director), MBP-1, DPT-3, MSME –I, AOC-4 (OPC), MGT-7 (OPC), AOC-4 (Every Co. Except OPC) ADOPTED FS, AOC-4 […]
Article content ROC Compliance applicable on the Listed Companies, Unlisted public Companies and Private Companies according to the applicability of Section. Article Further define Section, Form, Purpose, whether e-form need to submit with ROC or not, Timeline, Applicability. MCA Circular no. 06/2021 dated 03.05.2021 was considerd at the time of preparing this Article. S. N. […]
