Disallowance u/s 40(a)(ia) should not be made on the basis of subsequent amendments The amendment brought in by the Finance Act with retrospective effect, which was passed in the year […]
Company Law - 125. page
Sec. 50C AO must refer the valuation to DVO despite no request by assessee
Sec. 50C AO must refer the valuation to DVO despite no request by assessee Presumably, the case of the assessee was that price offered by the buyer was the highest […]
MCA issues Circular on Applicability of PAN requirement for Foreign Nationals as Director of Company at the time of Incorporation
MCA issues Circular on Applicability of PAN requirement for Foreign Nationals as Director of Company at the time of Incorporation MCA issues General Circular No. 16/2014 Dated 10.06.2014 for […]
Section 80P(4) not applies to assessee which is not a co-operative bank
Section 80P(4) not applies to assessee which is not a co-operative bank Deduction U/s. 80P cannot be denied to Society extending credit facilities to members only From the provisions of […]
Immediate Compliance for Companies under Companies Act, 2013
PROVISION RELATED TO COMPANY’S STATIONERY INCLUDING LETTER HEAD As per companies Act 2013, companies are required to get its name, address of its registered office and the Corporate Identity Number along with telephone number, fax number, […]
Impact of Companies Act, 2013 on Private Companies & Changes in Acceptance of Deposit Rules
Introduction – By Introduction of Companies Act,2013, Ministry of company affair has brought massive changes i.e. maximum of exemptions which were available to private companies under companies act,1956 have been withdrawn, lot of changes […]
The Companies Act, 2013- Provisions relating to loans and investments
Introduction: Inter corporate loans and investments play a vital role in the growth of Industries since they result in flow of funds to group companies or other companies in need of funds. In the Companies Act, 1956 Section 372-A […]
Loans & Investments under Companies Act, 2013
Provisions related to Loans and Investments under Companies Act, 2013 General Powers of board With respect to borrowing of Monies – the board of directors of the company are empowered to borrow monies […]
Government to look into changes needed in Companies Act
Union Commerce Minister Nirmala Sitharaman has said that a meeting with all stakeholders will be held next week in Delhi to look at the changes that need to be made […]
Private companies need to appoint whole time Company Secretary
Dear All,As per official gazette now Pvt. Ltd Companies having Paid Up capital of Rs 5 Crore or more are required ti appoint whole time CS.