Since the introduction of the Goods and Services Tax (GST) on July 1, 2017 , one issue that has continually been in the limelight is returns filing. GST introduced a host of new requirements for returns, and mistakes or noncompliance result in interest and penalties for businesses, as well as […]
Continue readingMonth: September 2018
Comply the mandatory compliance for your Company
Comply the mandatory compliance for your Company with the provisions of Companies Act, 2013 Appointment of First Auditor. Preparing and printing Share certificates Quarterly Compliance (After Every 90 Days) Holding the Board Meeting Drafting the notice of Board Meeting Preparing minutes thereof Preparation of attendance sheets of the board meetings, […]
Continue readingHow to Appoint Auditor in Private Limited Company
As per section 139(6) of Companies Act 2013, Private Limited company has to appoint its first auditor within 30 days from the date of incorporation in a board meeting. If the board of directors are not able to appoint then it has to be appointed within 90 days in a general meeting of members. First auditor […]
Continue readingWhat is the ROC compliance for a Private Limited Company?
We have elaborated below some of the ROC Compliances for Private Limited Company has to comply: Receipt of MBP-1 As per Section 184(1) of Company Act 2013 Every Director of the Company in First Meeting of the Board of Director in each Financial Year will disclose his interest in other entities […]
Continue readingHow to Collect TDS & File Returns
What is TDS? TDS is simply Tax Deducted at Source. As per the Income Tax Act – persons responsible for making payments are required to deduct tax at source at prescribed rates. Instead of receiving tax on your income from you at a later date, the govt wants the payers […]
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