Abhilasha Sharma·Apr 6, 2020Section 141 of the Companies Act, 2013- Eligibility, qualifications, and disqualifications of…Introduction A company is defined as a business entity formed for performing certain lawful purposes and is incorporated under the…
Abhilasha Sharma·Mar 18, 2020Introduction A Micro, Small and Medium Enterprises Development Act, 2006 became operational on…Earlier, MSME’s were classified into two categories on the basis of amount of investment i.e., Manufacturing & Service Enterprises but now…
Abhilasha Sharma·Mar 14, 2020Reduced corporate taxesVarious amendments to Income-tax Act, 1961 {Finance (no.2) Act, 2019} has been introduced vide Taxation Laws (Amendment) Ordinance, 2019…
Abhilasha Sharma·Feb 21, 2020MSME- Micro, Small and Medium EnterprisesIntroduction A Micro, Small and Medium Enterprises Development Act, 2006 became operational on October 02, 2006. The act facilitates /…
Abhilasha Sharma·Feb 8, 2020Changes in form GSTR-9CCBIC has issued Notification №56/2019–Central Tax dated 14th November, 2019 and has simplified Annual Return GSTR-9 & GST Audit GSTR-9C…
Abhilasha Sharma·Jan 11, 2020Critical Audit Matters (CAMs)The new requirement for auditors to report critical audit matters (CAMs) is the most significant change to the auditor’s report by the…
Abhilasha Sharma·Jan 6, 2020Collaboration AgreementA collaboration agreement is an agreement between 2 or more parties looking to work together on a commercial project on a collaborative or…
Abhilasha Sharma·Dec 30, 2019Compliances of TDS under section 194MThe Union Budget 2019 for the FY 2019–2020 presented on 5 July 2019, inter-alia, introduced section 194M of the Income Tax Act. This…
Abhilasha Sharma·Dec 12, 2019Intimation under section 143(1)Section 143(1) refers to the intimation order given by the Income Tax Department of India to the assessee against a return filed for any…
Abhilasha Sharma·Nov 29, 2019Related Party transactionsA related party is a party related to a body corporate /company in any other way other than by the companies own transactions. It means…
