Return of Deposit (DPT-3)
Return of Deposit (DPT-3) In order to safeguard the interest of creditors or depositors, the Central Government in consultation with the Reserve Bank of India notified the amendment in the Companies (Acceptance of Deposits) Rules 2014 through Companies (Acceptance of Deposits) Amendment Rules 2019. Introduction MCA vide its notification dated 22nd January 2019 notified that […]
Director Identification Number (DIN)
Director Identification Number What is Director Identification Number (DIN)? In accordance with Sections 153 and 154 of the Companies Act of 2013, an individual who is appointed as a director of a company is given a DIN, which is a unique identification number. When a new company is formed, an application for the allocation of […]
Conversion of Section 8 Company
CONVERSION OF SECTION 8 COMPANY A Section 8 Company is a nonprofit organization with the objectives of advancing Sports, Education, Science, Arts, and Charitable endeavors. Such businesses do not split their profits among their shareholders, but rather use them to advance these goals. Procedure for conversion: – The requirements of Rules 21, 22, and 23 of […]
Declaration of Interim Dividend
Declaration of Interim Dividend As per section 123(3) of Companies Act, 2013, a dividend is said to be an Interim dividend, if it is declared by the Board of directors during any financial year out of surplus in the profit and loss account and out of profits of the financial year in which such interim […]
Partnership Firm Registration Process
Partnership Firm Registration Process Steps for registering a Partnership Firm in Delhi The members should first choose a name, make sure it is available, and check that it complies with the legislation. The members should next cooperate to get all the required documents notarize and certify to any necessary documents. Writing and notarizing the Partnership […]
Stamping of Share Certificates in the State of Uttar Pradesh
STAMPING OF SHARE CERTIFICATE IN THE STATE OF UTTAR PARDESH The Indian Stamp Act of 1899 and the Uttar Pradesh Stamp Act of 2008 both govern the stamp duty on share certificates in Uttar Pradesh. Stamp duty on share certificates is now set at 0.1% of the whole share value (face value plus premium). In […]
THREE THINGS TO DO BEFORE 31st MARCH 2023
THREE THINGS TO DO BEFORE 31st MARCH 2023 Mutual Fund units to be frozen if investors do not update their nominees by 31st March. Tax exemption benefit on insurance with premium above 5 lakh rupees, taken away. If you are holding Aadhaar card for more than 10 years, then you have to update the card […]
Compliance Calendar for month of March
Compliance Calendar under GST S. No Particulars of Compliance Forms / returns Due Date 1. Due date for filing GSTR-7 to be filed by the person who is required to deduct TDS under GST for the month of February 2023 GSTR-7 10.03.2023 2. The due date for furnishing statement by e-commerce companies for […]
Audits
AUDIT The definition of audit: It is the on-site verification of a process or quality system to confirm compliance with regulations, such as inspection or examination. A specific function, procedure, or phase in the production process may be the focus of an audit rather than the entire organization. Assessing risk or performance, checking on completed […]
How to open a Demat Account online
How to open Demat Account online Documents required for opening a Demat Account online: PAN Card of Applicant Aadhar Card of Applicant Bank Passbook of Applicant (for account number) PAN Card of Nominee (only if applicant wants to appoint a nominee) Aadhar Card of Nominee (only if applicant wants to appoint a nominee) Other details […]
