CAclubindia Articles

Procedure for Change in Registered Office

CS Divesh Goyal 09 September 2021 at 10:08

As per Section 13 of LLP, 2008 every LLP shall have a registered office to which all communications and notice may be addressed and where they shall be received.

Procedure For Admission Of New Designated Partners

CS Divesh Goyal 09 September 2021 at 10:08

As per Section 7 of LLP, 2008 every LLP shall have at least two Designated Partners who are individuals and at least one of them shall be a Resident in India. Only an Individual can be appointed as a Designated Partner.

Process for Change in name of LLP

CS Divesh Goyal 09 September 2021 at 10:08

In case there is no clause in the limited liability partnership agreement relating to change in the name the same can be made with the consent of all the partners.

Procedure for change in partners

CS Divesh Goyal 09 September 2021 at 09:55

A person can be admitted as a partner in LLP as per the provisions of the LLP agreement and section 22 of the LLP Act, 2008. If the agreement is silent then the partner shall be appointed as per Schedule I.

Are you ready for a Credit Card?

Muskan Mudgil 09 September 2021 at 09:38

A credit card is a payment card issued by a bank or financial services company that allows cardholders to borrow funds from a pre-approved limit to pay for their purchases.

What is Foreign Account Tax Compliance Act and CRS

Taxblock 09 September 2021 at 09:37

The foreign account compliance tax account is the tax mechanism that compels U.S. citizens at home or abroad to disclose all their foreign account holdings while filing their annual reports.

TDS and TCS on Purchase of Goods Under Income Tax

Taxblock 09 September 2021 at 09:37

The tax deducted under section 194Q shall be applicable on businesses whose gross receipts, turnover, or total sales exceed 10 crores in the Assessment Year 2020-21.

Trust under Indian trust Act, 1882

Taxblock 09 September 2021 at 09:37

A trust is a relationship in which a person or entity is bound by a fiduciary relationship to exercise that legal rights over the trust property for the benefits of any one or more individuals known as beneficiaries.

Understanding the Taxability of ESOP Gains

Taxblock 09 September 2021 at 09:37

ESOPs can be issued to permanent employees of parent or subsidiary company working in India or outside India and directors of the company including whole time or part time director but not including independent director.

Neo Banks - A New Era in Banking

Poojitha Raam Vinay 08 September 2021 at 15:49

A new era in banking is where banking activities are done through a digitized mechanism. Neobanks are fintech firms, that is to say, digital banks without any physical branches.