One person company, as we know, is a new concept introduced by the Companies Act, 2013. As the name suggests, such a company is formed only with one person as its member. With notification of Chapter II of the Companies Act, 2013 with effect from 01.
Why this Article?: This article is aimed to bring some smallest changes in our lives which may lead to long lasting impact on the whole organization we own, we lead, we serve, or the organization where you are holding some managerial or leadership po
Before going to review the concern provisions of the Companies Act 2013 for Annual General Meeting, first we must understand the term Financial Year.FINANCIAL YEAR (SECTION 2(41)):The 2013 Act has introduced a significant difference in the definition
Why this Article is relevant?First let us be very clear about the fact that every organization does not last forever, forget about forever, majority of them dont even last longer than 10 years. Of course, there has to be something different wi
Memory Technique to Remember section NumberOur brain cannot remember useless and meaningless stuffs. (Normal human brains).Hence, the technique of converting numbers into meaningful words is important to learn.Step 1: Lets assign letters to all the n
FAQ ON DIN PROCESS Q1. What is Director Identification Number (DIN)?Ans. It is an unique Identification Number allotted to an individual who is an existing director of a company or intends to be appointed as director of a company pursuant to section
As per section 39A of Punjab VAT Act, 2005, the Punjab VAT Refund Fund has been constituted and the amount of tax collected as Advance Tax under Section 6(7) shall be credited directly into the said Fund. It has been provided that the Fund shall be m
Having looked at that pink screen which says you have passed in your CA Final is a big day with life time remembrance for any Chartered Accountant. However, the next question is “What next”? Trust me, the real life starts post that D day.
Arjuna (Fictional Character): Krishna, What is Will?Krishna (Fictional Character): Arjuna, Today separated families are increasing. In this era all are running behind money. Therefore wherever there is wealth, problem arises. The life o
WHAT IS AN HUF? The term Hindu Undivided Family is not defined in the Income Tax Act. It is defined under the Hindu Law as a family that consists of all persons lineally descended from a common ancestor,
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