Section 441 of Companies Act, 2013 deals with compounding of offences, in this article we will discuss the provisions for compounding of offences under Companies Act, 2013: Firstly we will discuss the term offence The term offence has been defined… Read More
Latest Penal Provisions for non filing of Annual Return and Financial Statement with Registrar of Companies
There are various privileges that has been provided to a company upon its registration, but a company registered under Companies Act, 2013 has certain obligation also, which has to be complied with within the time stipulated under the Act,… Read More
Concept of Producer Company in India
In order to provide a complete view on the process of registration of a Producer Company in India, we will today discuss all the statutory requirements and provisions related to registration of a producer company in India. According to Company… Read More
Recent Amendments under GST
26th October, 2018 1. Due date of filing GST ITC 04 has been extended till 31st December, 2018 for the period of July 2017 to September 2018 2. Final return in Form GSTR-10 is required to be furnished by all… Read More
E-Way Bill
E-Way Bill 1. Understanding E-way Bill E-way bill is an electronic bill which is required to moove the goods of more than Rs.50,000/- or more in a vehicle, the goods can not be moved in such a case without an… Read More
Recent Amendments in Income Tax Laws
In this article we will discuss the recent amendments which have been made applicable with effect from 1st April 2018: Basic Tax Exemption limit is Rs. 2,50,000/- for non Senior citizens. After that, up to 5 Lakh, Tax rate… Read More
GST DUE DATES
The Assessees who have enrolled from existing tax regime to GST or who have registered afreash in GST, its the time to file their first return under the new GST regime, as the department has notified the due date for… Read More
Invoice under GST
Invoicing Rules have been set under GST which covers the details that should be written on the invoice including supplier’s name, shipping and billing address, place of supply, rate and HSN code. Lets talk all about invoicing under GST… Read More
Work Contract under GST
The Government has finalized a rate of 12% as Goods and Service Tax for work contracts, which initially deemed to be levying higher tax burden on the construction industry, but a closer view of the provisions will suggest a lower… Read More
FCRA Cancellation
The home ministry served notice to around 6000 NGOs for not filing their annual returns for five consecutive years and can lead to their license cancellation for receiving foreign donations, home ministry official said on monday. The Show cause notices… Read More