ELSS is a sub-category of equity mutual funds whose main objective is to provide tax-saving benefits to the investors under Section 80C of the Income Tax Act, 1961.
Discussing the compliance requirements for the month of August 2021 in three parts i.e. Compliance Calendar for GST, Income Tax and LLP & Company Annual Filing...
All clauses of the Memorandum except the Capital Clause can be altered by following the provisions of Section 13 of the Companies Act, 2013 by passing a special resolution.
Point 16 was inserted in Para A of Schedule III of LODR Regulations w.e.f. May 31, 2018, which mandated disclosures at various stages by companies undergoing CIRP.
A company can alter its object clause by way of addition, deletion, modification, substitution, or in any other way by convening a board meeting as per Section 173 and SS-1.
Dividend is the distribution of some of a company's earnings to a class of its shareholders, as determined by the company's board of directors. They may be paid out in cash or in the form of additional stock.
A declaration is filed by the directors in e-form Form No. INC-20A within 180 days from the date of incorporation of a company with ROC, indicating that all subscribers have paid their value of shares to the MOA.
If the due date of any form given in this article falls between 1st April 2021 to 31st July 2021, then those forms can be filed without additional fees, till 31st August 2021.
The Central Government, by exercising its powers under section 393A of the Companies Act, 2013, has made certain exemptions from the provisions of sections 387 to 392 (both inclusive).
Discussing 10 changes pertaining to Formation of Companies, Variation of shareholder's Rights, Reduction of Share Capital, Debentures and 6 more proposed in The Companies Amendment Bill 2020.
Live Course on GSTR 9 & 9C for FY 24-25(Detailed discussions, FAQ, Case studies and Live demo of GSTR 9/9C on GST Portal)