Table of Content Who is required to File e-Form DIR 3 KYC? Who is required to File e-Form DIR 3 KYC-WEB? Documents and Information required for filing e-Form DIR-3 KYC Key Points to be Considered for Filing DIR-3 KYC Due Date Filing DIR 3 KYC Form for FY 19-20 FAQs’ for DIR-3 KYC & DIR-3…
The registered office of LLP (Limited Liability Partnership) is the official correspondence address or the principal place of business and for receiving all the communications of the LLP. The Books of accounts of LLP must be maintained at the registered office. However, if any time after the LLP registration, it needs to change the registered office…
Table of Content Meaning Eligibility criteria Condition for conversion of partnership firm into LLP Procedure for conversion of Partnership firm into LLP Why LLP is better than Partnership firm? Background A partnership firm may convert into a LLP in accordance with the provisions of Sec-55 of LLP Act, 2008 read with Second Schedule. Conversion into…
Page content Cash Movable property as Gift Immovable Property as Gift Other Exempt gifts In today’s scenario, the custom of sharing gift is in much trend. While exchanging such gifts, a question arises whether we have to pay the Tax on same. Gifts are taxable as per Income tax act, 1961 under Section 56(2)(x) and…
Limited Liability Partnership was brought into effect under the act Limited Liability Partnership Act, 2008. It is a blend of partnership firm and corporate characteristics. As the definition under Section 3 of LLP Act, 2008 suggests, “an LLP is a body corporate formed and incorporated under the Act. It is a separate legal entity from…
Table of Content Introduction Meaning of related party Related party transactions Boards’ Approval Shareholders’ Approval Related Party Transactions which require shareholders’ approval Exemption from related party compliance Introduction: The concept of related party under Section 188 was introduced in Companies Act 2013, to increase the transparency and to keep a vigilance upon all the transactions,…
Table of Content What is LLP? Ways to strike off of LLP Mandatory Strike off of LLP by Registrar Voluntary Strike off of LLP by Partners Process to Strike off LLP FAQs for Strike off of LLP What is LLP? A limited liability partnership (LLP) is a combination of partnership and corporation. It is a…
Every individual who has been appointed as an independent director in a company, on the date of commencement of the Companies (Appointment and Qualification of Directors) shall within a period of 5 months from such commencement shall apply online to the institute for inclusion of his name in the data bank for a period of…
Table of Content Tax Planning Tool Interest Rate Under Sukanya Samriddhi Account Closure / Withdrawal of Sukankya Samriddhi Account With the motive of upliftment of girl child status in the society, the Sukanya Samriddhi Yojana was launched by GoI as a part of Beti Bachoa Beti Padhao in 2015 under the Ministry Of Women And…
Table of Content Who can open PPF Account? Interest Rates on PPF Deposits in PPF How to make Withdrawal from PPF Loan against PPF Repayment of Loan and Interest of PPF Account Tax benefits of investment in PPF Public provident fund was introduced in INDIA in 1968 to mobilize small savings in form of an…