Articles of Association regulates the internal management of the company and specifically defines the power of its officers. The Supreme Court further stated that Articles is a contract between the company and its members and between the members inter se which governs the ordinary rights and obligations incidental to membership of the company.
Today on the 31st of March 2021, a small recap on the Financial Year we just completed! P.S.- 1. Not quoting any technical stuff here 2. Just a general analysis 3. Solely personal views and experience!!! On 01.04.2020, this year began with uncertainty, fear, panic, and all other negative emotions one can think of. Job […]
So, we are again at the close of the financial year 2020-21 and across our responsibility as an auditor of expressing our opinion on true and fair view of the financial statements. As a statutory auditor we are expected to check the compliances with respect to Companies Act,2013.
NPS Registration using PAN (KYC verification by Bank/Non-Bank POP) 1. You must have a ‘Permanent Account Number’ (PAN) 2. Bank / Demat /Folio account details with the impaneled Bank/Non-Bank for KYC verification for subscriber registration through eNPS 3. Your KYC verification will be done by the Bank/Non-Bank POP selected by you during the registration process. […]
Corporate Social Responsibility (CSR) checklist as per CSR Policy Amendment Rules, 2021 explains nature of Compliance as required CSR Policy Rules, 2014, Due date of Compliance, Description of CSR Compliance and Remarks related to Compliance. Article also contains Format for the Annual Report on CSR Activities to Be Included in the Board’s Report Corporate Social […]
Under the Start-up India Action Plan, start-ups that meet the definition as prescribed under G.S.R. notification 127 (E) are eligible to apply for recognition under the program. This notification is issued in supersession of the Gazette Notification No. G.S.R. 364(E) dated April 11, 2018 as modified vide Gazette Notification No. G.S.R. 34 (E) dated January 16, 2019. […]
WHAT ARE CORPORATE BONDS Corporate bonds are a form of debt security sold to investors by corporations that want to raise finance for their operations. Repayment is made in full principal or interest earned over some time. In simple terms, if you purchase this type of bond, you are loaning the amount to the corporation […]
Registration U/s – 80G of Income Tax Act, 1961 – Latest Process & Compliances Dear friends, as we all know, NGOs are integral part of our society. There are many NGO in India which are working for the social welfare of society. During lockdown period they have played a very important role in serving the […]
Income Tax department sends communications specifying High Value Information and seeks further information however communications seem to be partial faulty Too much of digitisation has its ill effects and now with the communications sent by Income Tax departments after digital review of the assessees data, it seems that the ill effects are going to cost […]
Nowadays on account of the globalized environment and expansion of business outside India, a person may earn income from more than one country and sometimes the same income may be taxed twice, once in the source country and other in the resident country as well. Let us know these two methods for taxing income earned by a person in more detail.
