According to general practises, every company is required to prepare the annual return extract in Form MGT-9 before preparing the actual Annual Return in E-form MGT-7, which is submitted to ROC within 60 days of the AGM. The Form MGT-9 is an extract from the annual return that contains the following information about the company…
The companies acquire funding through the mode of ‘deposits’. The company’s directors not willing to dilute their stake may choose for deposits from the public at large. The Companies Act, 2013 (Act), Section(s) 73 to 76 read with Rules made under Chapter V of the Act, regulate the invitation and acceptance of deposits. Table of contents Introduction…
Tax Deducted at Source (TDS) is the tax, which is deducted from the income of a person before the sum is credited to his account. The deduction is done by the deductor and it is deducted each month by employers. Table of Contents What is TDS? What is TDS Refund? How to claim and check…
Electronic Form (E-Form) PAS-3 is needed to be filed as per the Companies Act, 2013, Section 39(4) and 42(9) and Rule 12 and 14 of the Companies (Prospectus and Allotment of Securities) Rules, 2014. We shall discuss the provisions in detail in this article and shall also discuss the return of allotment of PAS-3. Table of contents…
The format of Annual Return as announced on the GSTR-9 form is an in-depth document wherein transactions associated with previous years should be reported. article discusses the annual return under GST Law. Table of Contents- What is the annual return for GSTR-9? Who should file GSTR-9, annual return? What details are required to complete GSTR-9?…
The GST is perhaps the largest tax-related change in India since gaining independence that brings uniformity to the tax structure and removes the payment of taxes levied in the past. The GST Council meets from time to time to review GST prices for various products. Several states and industries commended the deduction of GST tax…
BIS is a legal entity, established to issue comprehensive guidelines for manufacturers to ensure the quality, reliability, and safety of products. From now on, thousands of manufacturers from all over the world have obtained this license to guarantee their quality. BIS is becoming increasingly popular among industries that care about the quality of their product….
Living in 21st century, everyone became very much comfortable and used to electronic mode of transaction. Considering the rapid change and innovation made in the field of e-commerce mode of transaction the government has brought in new changes through GST to tax those negotiations which simultaneously happen across the portal 24*7 and for every transaction…