Company Law and IBC
Relaxation granted by MCA due to second wave of Covid-19
Circular-1: Maximum Gap between two Board Meetings under section 173 of the Companies Act, 2013.
MCA has extended a gap between the two board meetings by 60 days for the first two quarters of Financial Year...
Case Laws
No addition can be made in respect of completed assessments if no incriminating material is found during the course of search.
The DCIT Vs. M/s.Creative Trendz Pvt. Ltd.
Facts of the case
The assessee is a company engaged in the business of embroidery of cloth and job work. The assessee filed its Return of...
Finance
Lease Financing Model: Lease Financing as a Viable Business Option
Ever heard of businessmen exploring the idea of using an asset on a rental basis on account of a shortage of finance to buy the asset.
In terms of finance, the term ‘Lease’ is defined...
Income Tax
New Penalty provision under section 270A |A blessing in disguise?
Penalty on Concealment of particulars of income or furnishing inaccurate particulars of income has always been a matter of litigation between the department and the assessee.
The scope of such provisions was always a subject...
Startups
Virtual CFO Services – A smart choice for newgen
What is Virtual CFO?
Virtual CFO (or vCFO for short) stands for virtual Chief financial officer. A virtual CFO is an outsourced service provider offering high skill assistance in financial requirements of an organization, just like a chief financial...
Company Law and IBC
Snapshot of compliance tracker for ROC forms – FY 2020-21
All the business structures registered in India i.e. Private Limited Company, Public Limited Company, One Person Company, Limited Liability Partnership etc. need to file certain forms every year with the Registrar of Companies. All...
Top News
How to file an RTI application: A step-by-step guide
If that's the question on your mind, you are at the right place. In this article, we will see how to file an RTI application with ease.
A lot of Indians have heard about RTI...
Startups
Startup India Seed Fund Scheme – Switching up The Startup Game?
What is Startup India?
The Startup India initiative of the Government of India envisages building a robust Start-up ecosystem in the country for nurturing innovation and providing opportunities to budding entrepreneurs.
In a move that endeavors...
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