New section 147 Reassessment procedure | Reason to believe Vs. Information
New Reassessment procedure under section 147 – “Reason to believe” Vs. “Information” Finance Act, 2021 made the existing procedure of...
Section 194DA: TDS on Payment in respect of Life Insurance Policy
Extract of Section 194DA TDS on Payment in respect of Life Insurance Policy Section 194DA: Any person responsible for paying...
Internal Audit applicability under section 138 of the Companies Act 2013
Section 138 of the Companies Act 2013: Internal audit (1) Such class or classes of companies as may be prescribed shall...
INC-20A Form of MCA
New section inserted after section 10 of the companies act 2013, section 10A says a company incorporated on or after...
E-Form INC-20A can be Filed Upto 31st August 2021
Every company required to file Form INC-20A shall file the same within 180 days of its incorporation. Non filling of Form INC-20A allows Registrar of Companies...
Can an EGM be held at a place outside India?
Summary: An Extra-Ordinary General Meeting of an Indian Company or a subsidiary of an Indian Company, called by the Board...
Govt amends Credit Guarantee Fund for Micro Units (CGFMU)
MINISTRY OF FINANCE (Department of Financial Services) Notification No. S.O. 2668(E), Dated: 01.07.2021 New Delhi, S.O. 2668(E).—In partial modification to...
PMLA: Small account to remain operational till 31.12.2021
Central Government hereby extend the period for which small account shall remain operational till 31st December, 2021 under Prevention of...
Retail & Wholesale trades included as MSMEs
Retail and wholesale trade were left out of the ambit of MSME. Under the revised guidelines, MSME has issued order...
Tax Compliance Calendar for July 2021
Tax Compliance Calendar for July 2021 (Last Updated on 01.07.2021) State Category I: Chhattisgarh, Madhya Pradesh, Gujarat, Maharashtra, Karnataka, Goa,...