MCA eCODS Form 2018

MCA eCODS Form 2018 - Condonation of Delay Scheme The Condonation of Delay Scheme, 2018 announced by the Ministry of Corporate Affairs is active from 1st January 2018 to 31st March 2018. Directors who were recently disqualified for failure to…

Registrar to an Issue and Share Transfer Agents

Registrar to an Issue and Share Transfer Agents An intermediary plays a notable role when it comes to certain businesses, and have made their presence count. Intermediaries could be anyone who facilitates the supply of a service between two or…

Condonation of Delay Scheme – Director Disqualification

Condonation of Delay Scheme - Director Disqualification Over 3 lakh Directors were recently disqualified by the Ministry of Corporate Affairs for chronic default in filing company annual return. The Ministry of Corporate Affairs (MCA) has now introduced the Condonation of…

AOC-4

AOC-4 Filing The financial statements of a company must be filed with the Ministry of Corporate Affairs every year. The MCA form for filing financial statements is AOC-4. Hence, Form AOC-4 is submitted with the MCA for each Financial Year…

Company Board Meeting through Video Conference

Company Board Meeting through Video Conference Companies registered in India are required to hold the first meeting of Board of Directors within 30 days of company registration. After the first board meeting, companies must conduct a minimum of 4 board…

Form DIR-5 for Surrender of DIN

Form DIR-5 for Surrender of DIN DIN or Director Identification Number is required for any person who is a director or partner of a company or LLP registered in India. Hence, during the company registration or LLP incorporation process, after…

What is Income From Other Sources?

What is Income From Other Sources? Income from other sources is a residual category used to classify income that is not classified taxed under any other head of income. Income from other sources must be calculated by the taxpayer based on the mercantile system…

ESI Medical Benefits

ESI Medical Benefits Employees' State Insurance or ESI is a comprehensive social security program for workers in the event of medical contingencies, such as sickness, maternity, death or disablement due to employment injury and occupational disease. The ESI scheme provides…

LLP Form 24 – Easily Close a LLP

LLP Form 24 - Easily Close a LLP The Ministry of Corporate Affairs has recently amended Limited Liability Partnership Rules, 2009 by introducing the Limited Liability Partnership (Amendment) Rules, 2017 with effect from 20th May, 2017. With this amendment, LLP…

GST Input Tax Credit Guide

GST Input Tax Credit Guide GST is an indirect tax levied on goods and services based on the principle of value addition. Hence, the levy of tax is based on the value added at each stage of the supply chain…