Table of Contents- What is LLP Form 8? What is the time limit for filing Form 8 with ROC? MCA extended the timelimit for filing Form 8 What is LLP Form 8? All LLP has to file form 8 to ROC. Form 8 is a annual compliance form which is also known as Statement of…
Annual Compliance for LLP – Complete Details What is LLP? Limited Liability partnership means a partnership formed and registered under the Limited Liability Partnership Act, 2008. LLP is a separate legal entity. Partners in LLP have limited liability. Who is Regulatory Authority for LLP? Registrar Of Companies is the Regulatory Authority. Whether every LLP would…
Extension of Time for Holding AGM Table of Contents: Annual General Meeting Importance of Annual General Meeting Due date of Annual General Meeting Quorum for Annual General Meeting Extended Date Annual General Meeting Shareholders are the owners of the company. Directors are appointed to manage day to day affairs of the company. The meeting of…
Transfer Pricing – Complete Analysis Table of Contents Introduction Computation of income from international transaction having regard to arm’s length price. Meaning of associated enterprise (Section – 92A) Meaning of international transaction (Section – 92B) Computation of arm’s length price (Section – 92C) Introduction With globalization, the world became a smaller place. One can trade…
Best Judgment Assessment Table of Contents Introduction Assessment under section 144 Scope of assessment under section 144 Procedure of assessment under section 144 Time-Limit Introduction Every taxpayer has to furnish the details of his income to the Income-tax Department. These details are to be furnished by filing up his return of income. Once the return…
Presumptive Taxation – A Complete Analysis Table of Contents- Meaning of Presumptive taxation scheme Section 44AD Persons who are eligible to take advantage of the presumptive taxation scheme of section 44AD Can an insurance agent adopt the presumptive taxation scheme of section 44AD? Computation of taxable business income Scope for further Deduction Turnover Limit…
Types of Directors Table of Content Introduction Woman Director Independent Director Alternate Director Additional director Small shareholders director Managing Director Conclusion Introduction A company is a separate legal entity. It is a separate person in the eyes of a Law but it doesn’t have any physical existence. It is managed by individuals called Directors. Directors…
LLP Incorporation Process Table of Contents: Introduction Step by Step process to incorporate a LLP Documents Required Precautions to be taken by users for successful submission of RUNLLP/FiLLiP Introduction LLP is a partnership form where partners of LLP have limited Liability. LLP is a separate legal entity. It have less compliance than a company. In…
Disqualifications of Directors Table of Content Who are Directors? When a director is said to be disqualified? Section 164 What are various Grounds of disqualification? What are the defaults made by company which can lead to director’s disqualification? Can a Private Limited Company provide additional Grounds for Disqualifications? Conclusion Who are Directors? A Company is…
Equalisation Levy Under Income Tax Act – Complete Guide Table of Contents Charge of equalisation levy on specified services Charge of equalisation levy on e-commerce supply of services Collection and recovery of equalisation levy on specified services Due date of payment of Equalisation Levy Interest on delayed payment of equalisation levy. Penalty for failure to…