MCA CIRCULAR FOR CLARIFICATION ON PASSING OF RESOLUTIONS REQUIRE MEMBERS’ APPROVAL Subject: Clarification on passing of ordinary and special resolutions by companies under the Companies Act, 2013 and rules made thereunder on account of the threat posed by Covid-19. As we all are aware that there is no specific provision contained by the Act for […]
As a business owner one must be prepared for rapid changing conditions during crisis. Preparedness planning is essential in order to respond effectively to outbreaks and epidemics. How a virus outbreak is no typical crisis. Given this it’s crucial that business should assess its risk and rapidly implement the necessary measures at the appropriate scale […]
Tax Deducted at Source Compliances for the month of March-2020 during COVID-19 With the outbreak of COVID-19 and the country wide lockdown since 24th March, 2020, a confusion with respect to tax compliances has emerged. One of the major issue that is being faced is with regard to compliances for payment and filing of return […]
At many places in India while purchasing any immovable property it is seen that an agreement to sell is entered and pursuant to which a sale deed is entered between the parties thereby handing over the title of the property. However the time limit between these two agreements can be of a considerable time. Due […]
As if managing cashflows wasn’t already a difficult task for a business, the Corona Virus (COVID-19) Pandemic has made this even more challenging. It is a well-known fact that success of a business lies to a great degree on how well it manages its cashflows and amid the times of this crisis, all the businesses […]
This Article focuses on adoption and implemention of POSH Laws in an organisation to ensure a safe working environment to women. Briefly speaks about the framework of the POSH laws like the constitution of the committees,its roles and responsibilities,its consonance with Companies Act and the penal provision for its violation. Introduction‑ > Sexual harassment at […]
Conversion of loans into shares of a Company are a common practice in the market as many companies that had borrowed loans from its Directors, financial Institutions or from any body corporate is under the obligation to pay such debt within the time prescribed as per the loan agreement or mutual terms, as may be […]
Nowadays, various cases of bogus billing have been reported by the authorities, wherein, fake invoices have been used to avail ineligible Input Tax Credit. In this article let us understand that what is bogus billing? How it is triggered?, what are penalties for it under GST law? How to safeguard oneself from such bills? Article […]
SECTION 169 OF THE CGST ACT, 2017 1) Any decision, order, summons, notice or other communication under this Act or the rules made thereunder shall be served by any one of the following methods, namely: MODE-1:- PHYSICAL DELIVERY MODE a) By giving or tendering it directly or by a messenger including a courier √ To […]
Get a comprehensive summary of Ind AS 116 – Leases. Learn about its objective, accounting model, and requirements for lessees and lessors.
