Articles by Taxblock

Overview of Directors in a Company Meeting

Posted by Taxblock 22 November 2021 4147 Views

According to Section 149 of the Companies Act, 2013 the Board of Directors of each company shall comprise of only individuals. That means, body corporate, firm or association shall not be appointed as a director.

Overview of Board Meeting

Posted by Taxblock 22 November 2021 2242 Views

In case of One Person Company, Small Company, Dormant Company or private company which is a start-up, at least one meeting shall be conducted in each half of the calendar year and the minimum gap between these two meetings shall be at least 90 days.

Copyrights in India

Posted by Taxblock 22 November 2021 1953 Views

Copyrights protect original works of authorship, such as literary works, music, dramatic works, pantomimes and choreographic works, sculptural, pictorial, and graphic works, sound recordings, artistic works, architectural works, and computer software.

Time, Value & Place of Taxable Supply

Posted by Taxblock 20 November 2021 5642 Views

WHY IT IS IMPORTANT TO KNOW TIME, VALUE AND PLACE OF SUPPLY?

Overview of Board Committee

Posted by Taxblock 20 November 2021 1097 Views

The board of directors of the top 100 listed entities, determined on the basis of market capitalization, as at the end of the immediate previous financial year shall make a Risk Management Committee.

MOA and AOA of a Company under Companies Act - Memorandum of Association

Posted by Taxblock 20 November 2021 4937 Views

The Memorandum of Association is a document that specifies the constitution of a company and hence it is the foundation on which the company’s structure is built.

Constitution, Restriction and Powers of the board

Posted by Taxblock 19 November 2021 2785 Views

Section 149 of the Companies Act, 2013 states minimum and maximum number of the director that shall be in the company. The minimum number of directors in a private limited company is 2, for public limited it is 3 and for an OPC its1.

Appointments, Roles, Responsibilities of Company Secretaries in India and its removal

Posted by Taxblock 19 November 2021 3488 Views

The main role of CS in an organization is auditing the company's tax returns maintaining and, keeping books of accounts, advising the board of directors regarding the financial and legal risks of the company and ensuring that the company complies with statutory and legal regulations.

Alteration in charter documents of the company - Alteration of memorandum of association

Posted by Taxblock 19 November 2021 1683 Views

The name of the company can be changed by passing special resolution and with written approval of Central Government. Approval of Central Government is not required if the change relates to only addition or deletion of word Private to the name of the company.

What is income and what are the different sources of income

Posted by Taxblock 01 November 2021 5700 Views

Income is the money received by a person periodically on a daily, weekly, monthly, or yearly basis. Income includes monetary as well as non-monetary values of allowances and perquisites.