In order to safeguard the interest of deposit holders or creditors of the Company, the Central Government in consultation with the Reserve Bank of India (RBI) notified in the Companies (Acceptance of Deposits) Amendment Rules, 2019 to amend the Companies (Acceptance of Deposits) Rules..
What is GSTR 9 annual return?
GSTR 9 form is an annual return which is required to be filed once in a year by every registered taxpayers under GST. It consists of details regarding the supplies made and received during the year under different tax heads i.e. CGST, SGST and IGST.
Who should fil..
GST return is a document containing details of income which a taxpayer is required to file with the tax administrative authorities. This is used by tax authorities to calculate tax liability. India being the world’s 3rd largest economy has headed towards the destination based tax-rep..
Government has finally extended the due date of Filing INC 22A ACTIVE as officially confirmed by MCA. New due date of filing will be 15th June 2019 now. It may be noted that due date of filing of this form was 25th April 2019; failing to file could have entailed a penalty of INR 10000.
Indian laws are quite dynamic in nature and different statutes have their own requirements. Important part is that Indian companies have to comply with each requirement simultaneously. A classic example of such an issue is preservation of books of accounts and related records under various laws. In ..
What is e-form AGILE?
The Ministry of Corporate Affairs (MCA) has notified e-form known as AGILE -Application for Registration of the Goods and Services Tax Identification Number (GSTIN), Employees’ State Insurance Corporation (ESIC) registration plus Employees Provident Fund Organization (..
Private Limited Company is the most preferred structure to carry on business for an entity intending to make a profit and enjoy the benefits of an incorporated entity, particularly limited liability. Besides, limited liability, Separate legal entity, perpetual succession and various other benefits t..
In India, the concept of Limited Liability Partnership (LLP) was introduced in 2008 with the introduction of the Limited Liability Partnership Act, 2008. Incorporating LLP has a blend of the benefits of a Company and a Partnership Firm namely limited liability feature o..
This article explains the complete step-wise procedure for registering an LLP in India. In upcoming sections, you will read details on exact process, documents needed for LLP registration, Form to be filed for LLP registration and comprehensive guide for you to understand all about LLP registration ..
As known to all, GSTIN (Goods and Services Tax Identification Number) is a 15 digit ID.
Knowing the structure of the GSTIN is important for a business for the following reasons:
To ensure that one’s suppliers have quoted the correct GSTIN in their invoices
To ensure that one mentio..