Companies Act 2013

ITR 1 (SAHAJ) & ITR 4S (SUGAM) for AY 2014-15 are available in online and offline utility for e-Filing.   To download Offline utility use the following link: ITR1 (SAHAJ) – For Individuals having Income from Salary & Interest ITR4S (SUGAM) – For Individuals/HUF having income from presumptive business

The Steps involved in changing the registered office from one state to another state Now shifting of registered office from one State to another State under the Companies Act, 1956, requires a petition to be filed with Regional Director, Ministry of Corporate Affairs with effect from 12-08-2012 and earlier the […]

Sec 87A- A small Rebate of income-tax to Resident Individuals.   In Budget 2013 Finance Minister Mr. P. Chidambaram choose a middle way to give benefit to small tax payers and save a big amount of tax for tax revenue by neglected bigger slab tax payers. Sec 87A was introduced- […]

Appointment of key Managerial Personnel  Section 203(1) read with Rule 8 of The Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 (Chapter 13). Every listed company and every other public company having a paid-up share capital of 10 crore rupees or more shall have whole-time key managerial personnel.  Meaning of KMP:  Every company […]

80G – Income Tax Exemption  NGO can avail income tax exemption by getting itself registered and complying with certain other formalities, but such registration does not provide any benefit to the persons making donations. The Income Tax Act has certain provisions which offer tax benefits to the “donors”. All NGO’s should […]

We have an attempt to prepare synopsis on applicability & procedure of service tax under reverse charge. Hope it would be helpful for you. If any clarification is required, please feel free to contact me at my mail-id. Applicability & procedure of service tax under reverse charge1)      Introduced in the Finance Act, 1994 […]

Investment by company: A company shall unless otherwise prescribed, make investment through not more than two layers of investment companies except – if;                                   i.            A company from acquires any other company incorporated in a country outside India if such other company has investment subsidiaries beyond two layers as per the laws […]

Procedure for Conversion of Private Company into One Person Company (OPC) Secretarial procedure for Conversion of Private Company into One Person Company (OPC) is given below: 1.     Calling of Board Meeting: Issue notice in accordance with the provisions of section 173(3) of the Companies Act, 2013, for convening a meeting of […]

This Article contains the procedure for change in Object clause of the Company under Companies Act, 2013 with detailed documentation required. I hope this document would be of some help w.r.t. your professional working: Procedure for change in Object clause of the Company involves alteration in the Memorandum of Association […]

Again an attempt has been made from my side to share my experience regarding Incorporation of a Company under Companies Act, 2013 in the form of an Article. This Article contains the procedure for Incorporation of a Company under Companies Act, 2013 with detailed documentation required. I hope this document […]