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Procedure to Restoration of Name of Struck off Company by NCLT

August 27, 2019 15183 Views 0 comment Print

Procedure To Restoration of Name of Struck off Company By National Company Law Tribunal As per Section 248(1) of Companies Act, 2013, the Registrar is vested with the power to strike off the name of the Company, consequently, it had struck off various companies in India and also in process to strike off other companies, […]

Process of Strike off of Company– By Filing STK-2

August 27, 2019 68091 Views 3 comments Print

In this editorial Author discuss the few questions relating to Strike off of Companies. I. Whether without completion of Annual Filing a Company can apply for Strike off in e-form STK-2? II. Whether a company can apply for suo-moto Strike off after action initiated by ROC u/s 248(1)? III. Whether a Company can suo-moto apply […]

Taxing Royalty Payments in Digital economy

August 27, 2019 2013 Views 0 comment Print

In our Transfer Pricing world, the OECD has duly acknowledged the fact that the business environment has evolved due to change in technology and digitalization. The efforts of OECD to walk hand in hand with the ongoing evolution of technology is visible from its work in Action 1 – Digitalisation, Business Models and Value Creation, where it is trying to justify its underlying principle need to align transfer pricing outcome with value creation

Tran-shipment of Material (E Waybill)

August 27, 2019 5694 Views 0 comment Print

Q. Is it any possibility to ship the material for two different states in single-vehicle No., based on Trans-shipment? Ans. – Under GST Regime, an option has been introduced wherein the consignment of one e-way bill has to be moved in multiple vehicles, after moving to transshipment place. In simple words, Plant – X (Gujrat) […]

GST Returns: ‘Tareekh pe Tareekh’ …… but no relief

August 27, 2019 5844 Views 5 comments Print

Since GST has been introduced in the country, only ‘tareekh pe tareekh’ has been permitted but no relief to assesses has been.  Every next ‘Tareekh’ has increased the cost of assesses professionals and the country at large.

16 Key provisions of Companies (Amendment) Act, 2019

August 27, 2019 32589 Views 0 comment Print

On July 31, 2019, the Ministry of Corporate Affairs introduced the Companies (Amendment) Act, 2019 (Amendment). The Amendment considers changes brought in by the Companies (Amendment) Ordinance, 2018, (2018 Ordinance), the Companies (Amendment) Ordinance Act, 2019 and the Companies (Amendment) Second Ordinance, 2019 (2019 Ordinances) to further amend the Companies Act, 2013 (Act).

How to Account for Intangible Assets under IND-AS 38?

August 27, 2019 22812 Views 0 comment Print

Learning Outcomes > Understand meaning and scope of intangible assets. > Recognise the criteria. > Examine mode of acquisition. > Measure intangible assets at initial recognition. > Measure intangible assets after recognition. > Evaluate amortization and useful life of intangible asset. > De-recognition and comply with disclosure requirements of the standard. > De-recognition and comply […]

Tips to choose the right wealth management company

August 27, 2019 1260 Views 0 comment Print

Every investor comes at one point where his portfolio is too much for him to handle. In such a case, the gap is taken over by a wealth management company. Typically, wealth management is considered to be for high net worth individuals, but with digital wealth management, it has become possible for smaller investors to […]

Importance of A Whole Time CS – The Conscious Keeper of Corporate India

August 27, 2019 3825 Views 1 comment Print

Since inception of the provisions of appointment of Whole Time Company Secretary is being treated as a significant position in a company. As per the Companies Act, 1956 Companies having paid-up capital 5 Crores or more was required to compulsorily appoint a CS in Whole time employment.

ULIPs: The Key To Your Financial Security

August 26, 2019 1495 Views 0 comment Print

Today, investment planning is as important as earning. And why is that? In a volatile world like this, you never know what’s coming next for you. There might be an unexpected expense or rise in inflation, and all of this can create a financial imbalance in your life. The way you can deal with all […]

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