On e filing of income tax return, an acknowledgement is generated by the Income Tax Department in a form named as ITR V. This ITR V is issued in pdf format and remains password protected. The password remains Permanent Account Number of the assessee in short case followed by his date of birth / its date of formation.
Deposit of Tax deducted and Demand for TDS Defaults with respect to Purchase of Immovable Property (26QB Statement-cum-challan) Here is a important tips, for the convenience of Taxpayers, who have executed any transaction for Purchase of Immovable Property exceeding Rs. 50 Lakhs (Rupees Fifty Lakhs). Please take note of the following key details for Payments […]
Section 124 of The Indian Contract Act, 1872 defines “Contract of indemnity” as “A contract by which one party promises to save the other from loss caused to him by the conduct of the promisor himself, or by the conduct of any other person, is called a “contract of indemnity.”
Learn how to generate EVC for e-Filing of Income Tax return using NSDL demat account details. Simplify the process with this step-by-step guide.
The Food Safety and Standards Authority of India (FSSAI) is a legal authority that offers a food license to all food business operators (FBO) in India. All the FBOs must follow all the rules and regulations of FSSAI for food quality control. WHAT IS IT? All the manufacturers, traders, restaurants, grocery shops, importers and exporters, etc are […]
Article explains provision of Proxies under Section 105 of Companies Act, 2013 read with Rule 19 of the Companies (Management and Administration) Rules, 2019. Article explains appointment of proxy by Shareholdes / Members, Right of Proxies, Limits for appointment as a proxies, Penalty in case of contravention of provisions related to Proxies, Invitation to appoint […]
UNITED ARAB EMIRATES In January 2020, new regulations came into the picture by the name of Companies Regulations, 2020. These were released by DMCC (Dubai Multi Commodities Centre) and Government of Dubai. These rules have been issued for the comfort and flexibility of the existing companies as well as the companies to be established in […]
Fast Track Merger Fast Track Merger Scheme was Introduced under Section 233 of the Companies Act 2013, read with Rule 25 of the Companies (Compromises, Arrangements and Amalgamations) Rules, 2016. This article explains the procedure connected with fast track merger by exploring the various facets of the initiative. To develop the value generation, market share […]
As per Companies Act 2013, all companies are required to make various statutory compliances which includes annual compliances like Annual Return and Financial Statements and various other statements, documents, returns etc. within the stipulated time period. Due to the unprecedented situation caused globally due to the COVID-19 pandemic, a lot of companies could not meet the […]
Filing of Form PAS-6 (Reconciliation of Share Capital Audit Report) Half Yearly Ministry of Corporate Affairs has deployed the Form PAS-6 for Reconciliation of Share Capital Audit Report on half yearly basis by unlisted Public Companies w.e.f 15th July, 2020 and now it is available on MCA Portal which was notified by MCA vide Companies […]
