Income Tax 2019 - 231. page

Income Tax as Amended by Finance Act 2018

Reduction of share capital  : Section – 66. (1) Subject to confirmation by the Tribunal on an application by the company, a company limited by shares or limited by guarantee and having […]

Unlimited company to provide for reserve share capital on conversion into limited company :  Section – 65. An unlimited company having a share capital may, by a resolution for registration as […]

Notice to be given to Registrar for alteration of share capital : Section – 64. (1) Where— (a) a company alters its share capital in any manner specified in sub-section (1) […]

Notice to be given to Registrar for alteration of share capital. : Section – 64. (1) Where— (a) a company alters its share capital in any manner specified in sub-section (1) […]

Issue of bonus shares. Section – 63. (1) A company may issue fully paid-up bonus shares to its members, in any manner whatsoever, out of— (i) its free reserves; (ii) the […]

Further issue of share capital : Section – 62. (1) Where at any time, a company having a share capital proposes to increase its subscribed capital by the issue of further […]

Power of limited company to alter its share capital : Section – 61. (1) A limited company having a share capital may, if so authorised by its articles, alter its memorandum […]

Publication of authorised, subscribed and paid-up capital : Section – 60. (1) Where any notice, advertisement or other official publication, or any business letter, billhead or letter paper of a company […]

Rectification of register of members : Section – 59. (1) If the name of any person is, without sufficient cause, entered in the register of members of a company, or after […]

Refusal of registration and appeal against refusal : Section -58. (1) If a private company limited by shares refuses, whether in pursuance of any power of the company under its articles […]