1. Section 56(1) For transfer of shares there shall be following conditions- a. Proper instrument of transfer of shares in physical form shall be in Form SH-4 i.e Share Transfer Deed. b. shall be duly stamped; c. Shall be dated and executed by or on behalf of the Transferor and the Transferee, d. Share Transfer […]
1. Regulation 9(1) The payment of offer price shall be made in; a. Cash; b. by issue or transfer, or exchange of listed shares in the equity capital of the acquirer or PAC with him; c. by issue or transfer, or exchange of listed shares in the equity capital of the acquirer or PAC with […]
1. INTRODUCTION The Govt. in Budget 2019 introduced section 194N in Income-tax Act, 1961 to promote digital payments and discourage the practice of making business payments in cash. In Budget 2020 the scope and applicability of this section has been increased to discourage delay in filing of return of income. The Govt. wants people to […]
Article explains What is Trademark, Who can apply for a Trademark, What are the various types of Trademarks that can be registered, What are the Documents Required for the Registration of Trademark, What steps involved in Trademark application filling process and What are the Benefits of getting Trademark Registered. 1. What is Trademark? A registered […]
SEC 112A- LTCG ON SALE OF CERTAIN ASSETS (Inserted by Finance Act 2018, w.e.f. 01.04.2019) Concessional rate of tax on transfer of Certain assets: (A) The above section 112A is applicable on the following circumstances (a) Long term capital gain arising from transfer of the following assets (i) an equity share in a company (ii) a […]
Market volatility is an inevitable part of the stock market and often not appreciated by its participants, somewhere due to a lack of understanding of this concept. Simply put, volatility is the range of price change security experiences over a given period.
APPOINTMENT OF FOREIGN DIRECTOR IN THE BOARD OF DIRECTORS PANEL OF A COMPANY:- Any person, including a foreign director, must have a Digital Signature Certificate and a valid Director Identification Number. Further, their appointment and resignation has to be reported to the Registrar of Companies within 30 days of such event. Although provisions under FEMA […]
Consequences of filing ITR after the due date: Understand the penalties and implications of missing the deadline for income tax return filing.
In India, thousands of Companies are incorporated every month under jurisdictions of various ROC’s. These Companies are incorporated for undertaking varied business activities under a single corporate umbrella and deliver value and profitability to its key stakeholders. The day-to-day changing dynamics of the law have created more stringent compliances for the corporates to mitigate any […]
Black money is a major challenge for any economy, where high net worth persons, disproportionate their assets to save themselves from the high taxation system. But what is exactly black money, how it is generated and why government find it difficult to catch such arrangements? Let’s dive deeper into such issues and see for ourselves.
