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Online Income Tax Return Filing Mandatory for Income above 5Lacs
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017
A senior Finance Ministry official clarified that online Income Tax Return Filing Mandatory for Income above 5Lacs. Simply put, taxpayers...
Alteration of Memorandum of Association
Corporate Law & Intellectual Property Rights | By ALOK PATNIA | Last updated on Oct 5, 2017
As per Section 16 of the Companies Act 1956 Alteration of Memorandum of Association should be as below: (1) The Alteration of Memorandum ...
Annual General Meeting can be held on Sunday
Corporate Law & Intellectual Property Rights | By ALOK PATNIA | Last updated on Oct 5, 2017
As per new circular of MCA vide letter no. 8/5(1669/65-pr dated 21-1-1963, Annual General Meeting can be held on Sunday in certain cases ...
Straight Through Processing
Corporate Law & Intellectual Property Rights | By ALOK PATNIA | Last updated on Oct 5, 2017
In order to save trees and environment by cutting down the consumption of costly paper habits, the Ministry of Corporate Affairs has take...
Financial year of an LLP
Corporate Law & Intellectual Property Rights | By ALOK PATNIA | Last updated on Oct 5, 2017
Financial Year of an LLP, means the period from 1st April of a year to the 31st March of the following year. However, in case of LLP inco...
Mistakes that kill startups
Corporate Law & Intellectual Property Rights | By ALOK PATNIA | Last updated on Oct 5, 2017
1. Sole Originator (single founder) – To begin with with a few mistakes that kill startups, there are very few startups, probably t...
Financial Year of a Company
Corporate Law & Intellectual Property Rights | By ALOK PATNIA | Last updated on Oct 5, 2017
The financial year of a company is usually of 12 months but the same may not be true all the time. In case of a newly incorporated compan...
Stop Harassing Assessees – Strict guidelines issued to Income Tax Dept
News & FAQs | By ALOK PATNIA | Last updated on Mar 18, 2013
Court on Its Own Motion vs. CIT (Delhi High Court) As Reported by the ITATONLINE.ORG – Anand Parkash, FCA, addressed a letter dated...
Buy Back of Unlisted Shares
Corporate Law & Intellectual Property Rights | By ALOK PATNIA | Last updated on Oct 5, 2017
The buy back of unlisted shares is governed by rules which may be called the Private Limited Company and Unlisted Public Limited Company ...
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