COMPANIES ACT 2013 NAMING AND REGISTERING A BUSINESS IN FORM OF COMPANY In India, incorporation of a company is governed by the Companies Act 2013. It is the most important piece… Read More
Guidelines For Mobile Virtual Network Operators Set To Launch Themselves In India Recent media reports confirm that the Mobile Virtual Network Operators (“MVNOs”) have been allowed by the Telecom Commission… Read More
Defaulting Companies in Statutory Filings with the ROC 1. Introduction:- It is well-known that numerous companies do not file their documents in a timely manner with the Registrar of Companies… Read More
PROCEDURES FOR CONVERSION OF PARTNERSHIP FIRM TO PRIVATE COMPANY STEP 1 HOLD A MEETING OF THE PARTNERS TO TRANSACT THE FOLLOWING BUSINESS Assent of majority of its members as are… Read More
PENALTY FOR CONCEALMENT OF INCOME - EFFECT OF DISALLOWANCE OF CLAIM No penalty on disallowance of capital gains if disclosure was made to identify investment and stock-in-trade Section 271(1)(c), read… Read More
NON RESIDENT INDIANS UNDER FEMA An Indian Citizen who stays abroad for (a) employment/ carrying on business or (b) vacation outside India or (c) stays abroad under circumstances indicating an… Read More
NEW CHANGES ON TDS: Section 192 (2D) – TDS on Salary: The person responsible for making the payment referred to in sub-section (1) shall, to estimate the income of the… Read More
Input Credit on Construction Services ITC ON SERVICES TAX RULE 2(l): Input Services “Input Service” means any service,- It is used by a provider of output service for providing an… Read More
India Liaison office management Foreign companies planning to set up their business operations in India need to start a liaison office. The main purpose of starting a liaison office is… Read More
ALL ABOUT INCOME-TAX ASSESSMENTS PROCEDURES, APPEALS & REVISION TIME FOR FILING RETURN OF INCOME [SEC. 139 (1)] Different Situations Due Date for filing Return 1. Where the assessee is a company… Read More