Query: We have incorporated a private limited company with INC-29 and form is duly approved and certificate is duly issued. Now, Our query is whether we have to file separate Form INC-22 for registered office because our office address is same as mentioned in form inc-29 which is duly approved? Answer: In case you had mentioned the… Read More »
Query: I would like to know that How much loan can be taken by a Pvt Ltd company from its Directors and what are the legal requirements to be fulfilled by the company in this respect ?. Answer: As per Section 180(1)(c) of the Companies Act 2013, Companies are required to pass Special resolution in the… Read More »
Query: Is consolidation of financial statements required if a company does not have any subsidiary company but has 1-2 associate companies. Answer: No, As per the Companies (Accounts) Amendment Rules, 2014 dated 14/10/2014, Consolidation of financial statements shall not be required in case a company does not have any subsidiary company but has associate companies. Corporate Law:–… Read More »
Query: one of Private Limited Company has 5 directors out of which 4 directors are directors of unlisted public limited company. Further Unlisted Public Limited Company has total 6 Directors. There is no shareholding of company in each other. But, Directors and relatives hold 100% shareholding in both companies. Also, Turnover of Pvt. Limited… Read More »
[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] Government of India Ministry of Finance (Department of Revenue) New Delhi, the 21st July, 2015 Notification No. 37/2015 – Central Excise G.S.R (E).- In exercise of the powers conferred by sub-section (1) and sub-section (2A) of section 5A of the… Read More »
[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] Government of India Ministry of Finance (Department of Revenue) New Delhi, the 21st July, 2015 Notification No. 38/2015 – Central Excise G.S.R. (E). – In exercise of the powers conferred by sub-section (1) and sub-section (2A) of section 5A of… Read More »
INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] Government of India Ministry of Finance (Department of Revenue) New Delhi, Dated- 21st July, 2015 Notification No. 39/2015 – Central Excise G.S.R. (E).- In exercise of the powers conferred by sub-section (1) and sub-section (2A) of section 5A of the Central Excise Act, 1944 (1 of 1944),… Read More »
How to file Income Tax Return Online Register With Income Tax Department To file Income tax return or to View your tax credit statement in Form 26AS you need to register yourself on the Income tax website https://incometaxindiaefiling.gov.in/ Now the Steps for filling online return are hereunder: Step 1: Open the Income Tax portal https://incometaxindiaefiling.gov.in/,… Read More »
How to file income tax return without sending signed copy of ITR-V to Banglore? Taxpayers filing return of income electronically (without digital signatures) are required to send the signed copy of ITR-V acknowledgement to the CPC, Bengaluru within 120 days of uploading the return. From the Assessment Year 2015-16, an option is given to the… Read More »
EVC Verification of e Return of AY 2013-14 and AY 2014-15 F.No. 2251141/2015/ITA.II Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes North Block, New Delhi, Dated- 20th of July, 2015 Order under section 119(1) of income-tax Act. 1961 Subject: Validation of tax-returns through Electronic Verification Code-reg.- The Central… Read More »