CORPORATE SOCIAL RESPONSIBILITY (CSR) NORMS AS PER NEW INDIAN COMPANIES ACT 2013 Corporate Social Responsibility (CSR), a term widely use for defining the responsibilities of corporate world towards the society… Read More
IMPORTANT UPDATE ON INCOME TAX: NOTIFIED ITR-1, ITR-2 & ITR-4S FOR A. Y. 2015-16 AND CHANGES IN RULE 12 OF INCOME TAX RULES, 1962 RELATED TO CONDITIONS OF FILING OF ITR -… Read More
CLARIFICATION ON RATE OF SERVICE TAX - REGARDING 1. Doubts have been expressed in various forums regarding the proposed increase in the rate of service tax from 12.36% (including education… Read More
Whether collection of cheques during inspection by enforcement authorities (CT) is legal? In Commercial Taxes Department, the Assessment Wing and Enforcement Wing function under the control of the Commissioner of… Read More
INCOME TAX Company intending incorporation can now apply for PAN/TAN in Form INC-7 prescribed under Companies Act 2013 [Notification No. 38/2015][F.No.142/15/2013-TPL] In exercise of the powers conferred by section… Read More
After a long wait, MCA has notified the Companies (Auditor’s Report) Order, 2015 (CARO) on 10thApril, 2015. There was a lot of debate amongst professionals as to whether CARO will… Read More
MCA UPDATE ON DEPOSITS BY PRIVATE LIMITED COMPANIES Amounts received by private companies prior to 16t April, 2Ol4 shall not be treated as 'deposits' under the Companies Act,2013 GENERAL… Read More
No disallowance if TDS is deposited before due date of filing return; amendment to sec. 40(a) (ia) has retro-effect Section 40(a) (ia) of the Income-tax Act, 1961 - Business disallowance… Read More
DELISTING REGULATIONS FOR EQUITY SHARES The Securities and Exchange Board of India (“SEBI”), issued a notification dated June 10, 2009 on delisting of equity shares from stock markets through the… Read More
ALL ABOUT THE APPOINTMENT OF THE DIRECTORS BRIEF INTRODUCTION Appointment of Directors shall be made according to the Articles of Association (AOA) or as per the provisions of section 152 of the… Read More