Guide on Pvt Ltd Company Registration Process Creating a company in India is an essential first step on your path to entrepreneurship. And establishing a company is not as simple as you would think. There are procedures to follow and documents to submit, of course, but once you understand how to do them, the entire …
Post incorporation compliance checklist for Pvt Ltd company Nowadays, Registration for a company becomes easy However the compliance checklist does not get over here. rather it implies greater responsibilities to comply with certain provisions.. Once a business get registered what are the further steps involved in it. Companies Act, 2013 not only regulates the online …
Company Registration- Online Company Registration In India Under Chapter-II of the act, along with the [Rules] of the Companies (Incorporation) Rules, 2014 and the Companies Act, 2013 lays down the rules for the incorporation of both public and private companies. A company that wishes to be incorporated as a Private Company must have a minimum …
Today Update : DIRECT TAX:- CBDT has issued a press release regarding “Reporting Cash Transactions under Rule 114E of Income Tax Rules,1962”. Punjab and Haryana High Court held that the Guarantee commission paid for the acquisition of Fixed Assets are allowed as Revenue Expenditure. [M/s Chandigarh State Road and Bridges Development Corporation Ltd Vs CIT] No …
CORPORATE AND PROFESSIONAL UPDATE ON DECEMBER 3, 2015 DIRECT TAXES: Rejection of book results u/s 145 – estimating the income at 5 percent of gross receipts – no material was brought to establish that the purchases and expenses had been inflated or the sales had been suppressed and in the absence of any such material …
Limited Liability Partnership A Limited Liability Partnership (LLP) is a business structure that offers the advantages of limited liability and the flexibility of a partnership business. When compared to the company form of business structure, the LLP has fewer compliance requirements. In the case of an LLP, audit is exempt up to a certain level …
NO TERMED AS SERVICE OF NOTICE – POSITION WHEN DISPATCHING NOTICE AT INCORRECT ADDRESS Recently in case of Ventrapathi Financial Services v. Superintendent of Central Excise (2015), honorable Andhra Pradesh high court held that dispatching of notice at incorrect address could not be deemed as service of notice and accordingly entire proceedings are liable to be set …
BASIC FOR THE ISSUE OF BUSINESS VISAS AND EMPLOYMENT VISAS FOR FOREIGN NATIONALS The Department of Industrial Policy and Promotion of the Ministry of Commerce and Industry notified certain guidelines for the issue of Business Visas (“BVs”) and Employment Visas (“EVs”) to foreign nationals. Per these guidelines all foreign nationals in India who were on …
REGISTRATION OF A COMPANY BY FILING JUST ONE FORM – OFFICIAL AMENDMENTS IN THE COMPANIES (AMENDMENT) BILL, 2014 ( INC-29: STARTING MAY 2015) The Union Cabinet chaired by the Prime Minister, Shri Narendra Modi, today gave its approval for moving of the following Official Amendments in the Companies (Amendment) Bill, 2014 :- Doing away with the requirement …