Burden of proof Where any person claims that he is eligible for input tax credit under this Act, the burden of proving such claim shall lie on such person. * Enforced w.e.f. 1st July, 2017 Practice area’s of B K Goyal & Co LLP Income Tax Return Filing | Income Tax Appeal | Income Tax […]
Section 155 Central Goods and Services Tax Act, 2017 Read More »
Directors KYC Every individual 5[who holds] a Director Identification Number (DIN) as on 31st March of a financial year as per these rules shall, 4[6[submit e-form DIR-3- KYC for the said financial year to the Central Government on or before 30th, September of immediate next financial year]] Provided that every individual who has already been allotted a Director Identification Number (DIN) as at 31st
Rule 12A of The Companies Appointment and Qualifications of Directors Rules 2014 Read More »
Startup India Registration A startup is a small sized business started in India,with an objective to solve a problem with a particular service or goods. LLPs, small firms are also Startups as they are funded by an individual or promoters. Startup India in India– A Government Initiative to promote new businesses Startup India Scheme, is
Startup India Registration In Jaipur Read More »
Sale of Assets and Recovery of Debts Due to Company (1) The Official Liquidator shall expeditiously dispose of all the assets whether movable or immovable within sixty days of his appointment. (2) The Official Liquidator shall serve a notice within thirty days of his appointment calling upon the debtors of the company or the contributories, as the case may be, to deposit within
Section 362 The Companies Act, 2013 Read More »
Introduction In the quest for entrepreneurial success, every business owner seeks opportunities to enhance their company’s growth and secure various benefits. With the Indian government’s focus on promoting Micro, Small, and Medium Enterprises (MSMEs), the Udyam Registration scheme has emerged as a game-changer. This blog aims to provide you with an in-depth understanding of Udyam
Udyam registration Read More »
When it comes to the remuneration of directors in Indian companies, several factors come into play, ranging from legal requirements to market trends. As a practicing Chartered Accountant and a fellow member of the Institute of Chartered Accountants of India (membership number 540126), I aim to shed light on this critical aspect of corporate governance.
Remuneration to Directors of a Company in India Read More »
Introduction Well, well, well! Here we are, ready to dive into the captivating universe of Special Economic Zones or SEZs, as the savvy folks love to call them. You might wonder, “What’s the big deal about SEZs?” So, buckle up because we’re about to embark on a thrilling ride, unveiling the untapped potential of these
Deciphering the Magic of SEZs: The Untapped Potential Read More »
Introduction Contracts are the backbone of any business transaction, serving as the foundation for agreements and ensuring parties’ rights and obligations are clearly defined. Whether you’re engaging in a simple purchase or entering into a complex partnership, understanding the concept of a valid contract is essential. In this blog post, we will unravel the mysteries
RVNL was incorporated as PSU on 24th January, 2003, with the twin objectives of implementation of projects relating to creation and augmentation of capacities of rail infrastructure on fast track basis and raising of extra budgetary resources for SPV projects. The company began its operation in 2005 with the appointment of Board of Directors. The company
Rail Vikas Nigam Limited (RVNL) granted Navratna Status Read More »
Startup20, Atal Innovation Mission, the Controller General of Patents, Designs, Trade Marks and the Pandit Jasraj Cultural Foundation launched “UPAJ: A festival of Innovation in Arts” On the occasion of World IP Day, Dr. Chintan Vaishnav, Chair Startup20, G20 along with Ms. Durga Jasraj founder of Pandit Jasraj Cultural Foundation launched the “UPAJ: A Festival
UPAJ A festival of Innovation in Arts Read More »