MCA adds 8 more Forms in List providing Waiver of Additional Fee if filled upto 31-07-2021
https://youtu.be/9YfjwY-ApJ4 The Ministry of Corporate Affairs (MCA) has notified that no additional fees shall be levied till July 31, 2021...
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Clarification of MCA on Offsetting Excess CSR spent for FY 2019-20 (Read Circular)
The Ministry of Corporate Affairs notified the clarification on offsetting the excess Corporate Social Responsibility (CSR) spent for Financial Year...
Rate of Depreciation under Companies Act, 2013
Depreciation under Companies Act, 2013 1SCHEDULE II2 (See section 123) USEFUL LIVES TO COMPUTE DEPRECIATION PART ‘A’ 1. Depreciation is the...
Rates of Depreciation as Per Income Tax Act, 1961
Article provides Rates of Depreciation as per Income Tax Act, 1961 on Building, Plant & Machinery, Furniture & Fittings, Ships...
One Person Company
A new concept has been introduced in the Company’s Act 2013, about the One Person Company (OPC). In a Private Company,...
Auditor of A Nidhi Company
As per the provisions of the section 406(1) of the Companies Act, 2013, ‘Nidhi Company’ means a ‘company which has been incorporated...
Waiver of Additional Fee on 10 MCA Forms if filled upto 31-07-2021
The Ministry of Corporate Affairs (MCA) has notified that no additional fees shall be levied till July 31, 2021 if...
Can a Financial Statements or Board’s Report Revised
Section 131 of the Companies Act 2013:- (1) If it appears to the directors of a company that— (a) the...
Can Re-opening of Accounts on Court’s or Tribunal’s Orders
Section 130 of the Companies Act 2013:- (1) A company shall not re-open its books of account and not recast...
Financial Statement Means as per Companies Act
Section 129 of the Companies Act 2013:- (1) The financial statements shall give a true and fair view of the...