Alternative Funding: Beyond VCs and PE – New Ways to Scale

In the bustling streets of Bengaluru, a bootstrapped SaaS startup recently secured ₹5 crores without diluting a single share. In Mumbai, a D2C brand...

Start with ₹0: Your College Dorm to Company Office Journey

Introduction For many young entrepreneurs, the journey from a college dorm room to a thriving startup with its own office is a dream come true....

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Gujarat high court explains the constitutional mandate of taxation.

A. Facts In view of the judgment of the apex court, dated 22.09.2017, in case of another dealer, Addl. Commissioner issued revision notice on 06.11.17...

Form 26AS : Now more than just taxes paid history of the Assessee!!

“Question: Hey! What is your Tax History? Are you compliant and paying Income tax properly?? Tax Payers (before): I do pay taxes regularly, but I need to...

Extension invalidity for Names Reserved and Resubmission of Forms by MCA

In view of the situation arising due to COVID-19 pandemic and extended lock down period in the country, Ministry of Corporate Affairs has extended...

Filing of Annual Return for LLPs in Form 11

All LLPs registered under Limited Liability Act, 2008 have to annually file two forms Form 11 and Form 8. Annual Return: Form 11 is to be submitted within 60 days of closure of...

Understanding scope of Rule 27 of ITAT Rules, 1963 via Delhi High Court Judgement

Summary of the judgment of Hon'ble Delhi High Court on Scope of Rule 27 of the Income-tax (Appellate Tribunal) Rules, 1963.

Microfinancing and Poverty Alleviation

Microfinance is a specific business category of services, which includes microcredit. Micro-credit is a loan service to poor clients. Micro-credit is one of the...

Petition for initiation of insolvency proceedings by Home Buyers

Insolvency and Bankruptcy Code 2016 is the law relating to insolvency and bankruptcy in India. This code was enacted with a view to consolidate...

Penalty u/s. 270A and 271(1)(c)

Before the introduction of S. 270A, Section 271(1)(c) of the Income Tax Act was in place being penalty on concealment of income and or...

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