In this article my effort is to highlight the registration process of private limited Company and documents required thereof, through this article I would like to show the road map of the end to end procedural aspect of the incorporation.
In the midst of the staggering effect of Coronavirus in short (COVID-19) life is changing drastically so is the capacity of organizations to work in their rented spaces. In spite of the fact that the lockdown which is going on now is the main conceivable approach to control the spread of the infection which has […]
Authorised Share Capital is the maximum amount of the capital for which shares can be issued by the Company to shareholders, it is the capital mentioned in the Memorandum of Association of the Company under heading of ‘Capital Clause.’ As per Section 2(8) of the Companies Act, 2013 “Authorised capital or Nominal Capital” means such […]
In the normal course of business, when a person supply any good or service to another person then he will charge/collect the GST tax at the rate mentioned in the Act. However, at the time of combination supply of two or more goods/services or both most person are in the dilemma that whether this particular […]
CORPORATE SOCIAL RESPONSIBILITY (CSR) UNDER SECTION 135 OF THE COMPANIES ACT, 2013 READ WITH THE COMPANIES (CORPORATE SOCIAL RESPONSIBILITY POLICY) RULES, 2014 WHAT IS THE CSR? CSR is a Concept whereby Companies not only consider their profitability and growth, but also the interests of society and the environment – by taking responsibility for the impact […]
Relief Measures Under Employees State Insurance Act 1948 (ESIC) For Covid-19 Pandemic Employees State Insurance Corporation (ESIC) has given the following reliefs to the employees covered under the ESI Act for the Covid-19 Pandemic. 1. Whether Covid-19 sickness covered under ESI? ESIC has not specifically come up with notification stating whether treatment for Covid-19 is […]
Taxpayer need to file Form GST ITC-02A, if he/she has obtained separate registration for multiple places of business in a State/UT and intends to transfer unutilized matched Input Tax Credit lying in his/her Electronic Credit Ledger to registered entities/place of businesses. This form was not enabled by GSTN but recently HSTN has enabled file of […]
Due to Covid 19 pandemic in India, The Indian Government has extended the Due Dates of filing GSTR returns of various assesses for the months of February 20 to April 20. These dates are declared through Notifications 30/2020 to 36/2020. These due dates are different for different types of assesses and also different based on […]
In the present article I am going to discuss the law and procedure of Audit to be conducted by the department and special audit as prescribed under GST law. The concept of Audit is not a new concept, the tax payers are already required to get his books of accounts aFor Filing GSTR -9 AND […]
1. Person in Trade and Industries are in the fix regarding availability of Input Tax Credit (ITC) on certain type of Business promotion expenditure. Such expenditures are necessary to boost the sale of service. and before we proceed further let us look into certain sections/clauses/terms and conditions. 2. Relevant Provision : Section 17(5)(h)…. Notwithstanding anything […]