Planning to start a New business in Pune or expanding the existing business? The most popular method is to register a company because it is a hassle-free process and has many tax and regulatory benefits over other forms of business structure. It is suggested to get your company registered under expert guidance for error-free and speedy company registration …
What is Requirements for Company Registration in Pune? Read More »
Now, from 1 April 2021, CBDT has implemented new provisions by introducing the notification of Income Tax (6th Amendment) Rules, 2021 on 26 March 2021. A detailed guide for New Process of Renewal or Registration of 12A & 80G is as follows : Which is the Form that would be applicable for Provisional Registration and …
What is the New Process of Renewal or Registration of 12A & 80G? Read More »
CSR-1 Form is now available for filing on MCA site Form CSR-1 is a registration form for getting CSR funding by implementing agencies from the corporates. The Form CSR-1 is termed as Form for “Registration of Entities for undertaking CSR Activities”. The Form mainly consists of two parts, first part is relating to the information …
KEY AMENDMENTS IN SECTION 11 TO 12AB Section 12AA – Procedure for Registration Section 12AB After section 12AA of the Income-tax Act, the Section 12AB shall be inserted with effect from the 01/04/2021. That is Procedure for Fresh Registration. Amendments in Section 12A Condition for Applicability of Section 11 & 12 – effective from 01/04/2021. …
How to get Registration U/s. 12A & 80G of Income Tax Act, 1961? Read More »
New Registration Procedure under section 12AB Deferred and Extended to 01st April 2021 from 31st December 2020 The new registration procedure prescribed under section 12AB for Charitable Trusts and other related provisions as introduced by the Finance Act, 2020 has been deferred and extended to April 1, 2021 by the Taxation and Other Laws (Relaxation …
Under the Startup India Action Plan, startups that meet the definition as prescribed under G.S.R. notification 127 (E) are eligible to apply for recognition under the program. The Startups have to provide support documents, at the time of application. Under the Startup India initiative, eligible companies can get recognised as Startups by DPIIT, in order to access …
Webcast by PM Modi Dated 13th August 2020 Hon’ble Prime Minister Narendra Modi on August 13, 2020, launched the “Transparent Taxation” platform while announcing multiple reforms to improve Tax compliance, faceless assessment, and ease of filing returns. As part of rehaul, the government has also proposed to reduce the threshold of the various transactions for …
Ministry of Micro, Small & Medium Enterprises (MSME) has issued Notification No. S.O. 2119(E) dated 26.06.2020 regarding criteria for the classification of enterprises as Micro, Small & Medium Enterprises, and their registration in Udyam Portal. An Enterprise is classified into 3 different aspects. The defining criteria for above 3 Enterprises are Type of Enterprise …
Latest update of GST Composition Scheme CBIC has issued Notification No. 59/2020-Central Tax and extended due date for FY 2019-20 is 31st August 2020 which earlier was 15th July 2020. GSTR-4 is available for filing for FY 2019-20 from 21st July 2020. Overview of the GST Composition Scheme? The Composition levy scheme under the GST …
MCA has introduced E-Form INC-22A for address validation of all registered companies under this Companies Act, 2013. INC-22A Applicability: All the companies incorporated on or before 31st December 2017 shall file this form for address verification. MCA introduced this form on 21st February 2019, this form was to be filed till 25th April 2019 with …
