Table of Content Following are the important notifications announced What is the CFSS and LLP settlement scheme? How can it be availed? Applicability of the Scheme/ Schemes The Ministry of Corporate Affairs has made a further effort to encourage a greater deal of ‘ease of doing business’, the Ministry of Corporate Affairs has enhanced the…
Content What do you mean by Corporate Social Responsibility? Which company need to constitute a Corporate Social Responsibility Committee Minimum amount of expenditure on Corporate Social Responsibility Accounting treatment of Corporate Social Responsibility expenditure What do you mean by Corporate Social Responsibility? Corporate Social Responsibility means various social activities carried out by medium to big…
Content Ways of striking off of Limited Liability Partnership Conditions for filing an application for closing a Limited Liability Partnership Procedure for winding up of LLP According to the Limited Liability Partnership Rules, 2009 LLP form 24 has been introduced by the MCA and with the introduction of LLP (Amendment) Rules, 2017; it is now…
Content What do you mean by NRE account What do you mean by NRO account Difference between NRO and NRE accounts Why is it important to have a NRE/NRO account for an NRI? What do you mean by NRE account? Non-resident Indian Account is that account where an NRI can remit the foreign currency through…
Table of Content Provisions for holding an annual general meeting of a company In case of first AGM In case of subsequent AGM What is Proviso 3 of section 96: Reasons for extension of holding AGM Procedure to file application for extension of time for holding AGM Penalty in case of default by the company/directors…
Content Definition of ESOP What are the advantages of Employees Stock Option Plan? What are the disadvantages of Employees Stock Option Plan? What are the documents required for drafting an ESOP? What is the procedure for drafting an ESOP scheme? What are the different types of ESOPs? Who can issue ESOP and how? To whom…
Content Overview of form PAS-6 Key points of form PAS-6 Conclusion OVERVIEW OF FORM PAS-6 The Reconciliation of Share Capital means to match the records of the dematerialized and physically held securities with all the securities, on orderly basis. In normal parlance, it is reconciliation of the total Share Capital of the Company held in…
Table of Content Meaning of Form DPT 3 Aim of DPT 3 Filing of DPT 3 Exempted companies from filling DPT 3 Documents to be submitted Particulars Required to fill form DPT 3 Due date of filling DPT-3 Punishment for noncompliance under various sections Fee for DPT 3 Transactions not considered as deposits Meaning of…
Table of Content Introduction ROC Annual Filing of LLP Filing of Annual Return of LLP (Form -11) Filing of Annual Accounts of LLP (Form -8) LLP Filing under Income Tax Act Due date to file ITR of LLP for FY 19-20 Introduction: Limited Liability Partnerships (LLP) are a form of business entity which allows individual…
Table of Content Introduction Process for Conversion of LLP into company Treatment under capital gain Introduction As globalisation is seeking its peek the world is moving towards corporatisation and professionalism. Everybody knows that LLP is a modern era body corporate but the increasing demand and market blocks the very essence of the same. Therefore a…