CAclubindia Articles
Can the Financial Statements be signed digitally?
As per the meaning of the Digital Signature and Section 134, we can opine that the financial statements of the Company can be signed either physically or digitally.
One Person Company (OPC) | An analysis
The very concept of an OPC is that it shall have only one member. Only an individual can form an OPC. The minimum and maximum number of members in an OPC is one.
Whether a company can give loan to director or whole time director?
It is clear that Companies can give a loan to their Managing Director/ WTD without any restriction under Section 185. However, as per Section 186, it is not mandatory to charge interest on such a loan.
Corporate Compliance Calendar for the m/o August, 2021
Discussing compliance requirements and important updates under the Income Tax Act, GST Act, FEMA, SEBI, Companies Act, IBBI and other statutory laws for the month of August 2021.
Incorporating a private limited company
Private companies are those companies whose articles of association restrict the transferability of shares and prevent the public at large from subscribing to them.
Important RBI Circular Dt 06-08-2020 and its intended meaning explained Step By Step
No bank shall open current accounts for customers who have availed credit facilities in the form of cash credit/ overdraft from the banking system and all transactions shall be routed through the CC/OD account.
Due Date Compliance Calendar For August 2021
Mark your calendars with these Income Tax, GST, PF, and ESI due dates that lie in the month of August 2021, together with the due dates for Company and LLP Annual Filing.
![Section 194C - TDS on Payment to Contractor [Updated for FY 2021-22]](/img/previewthumb/custom/20210222052148_gstannual.jpg "Section 194C - TDS on Payment to Contractor [Updated for FY 2021-22]")
Section 194C - TDS on Payment to Contractor [Updated for FY 2021-22]
Any specified person responsible for paying any sum to any resident-contractor for carrying out any work in pursuance of a contract is responsible to deduct TDS u/s 194C.
Annual Compliance Calendar for Private Limited Company
A company's requirements for the compliances have been changed in comparison to the compliance requirement as on 01st April 2014 when the Companies Act, 2013 came into effect.
Income Tax (CBDT) Due Date Further Extended on 3rd August 2021
CBDT has issued circular w.r.t. Extension of timelines for electronic filing of various Forms under the Income-tax Act, 1961 to provide relief to taxpayers in view of the severe pandemic and spike in COVID-19 cases.
Popular Articles
- TDS Return Due Date For FY 2026-27: Updated As Per IT Act 2025
- TCS Return Due Date: New Deadline For Tax Year 2026-27
- Sukanya Samriddhi Yojana 2026 with Interest Rate for Q2: Best Savings Scheme for Girls
- How Salaried Employees can save Tax under the New Tax Regime
- Capital Gains Exemption Under Sections 54 & 54F: Is Purchase in Spouse's Name Allowed?
- TDS Certificates for Non-Salary Income Gets a New Identity For FY 2026-27
- Form 130 Replaces Form 16: New Salary TDS Certificate For FY 2026-27
- Latest Changes in ITR-1, ITR-2 & ITR-4 for AY 2026-27: A Detailed Analysis
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
