Tag Archives: Valuation under companies act

SEBI (LODR) Regulations, 2015—Beyond Quarterly / Half-Yearly / Annual Compliances

SEBI (LODR) Regulations, 2015—Beyond Quarterly / Half-Yearly / Annual Compliances This is in continuation of my earlier blog titled ‘SEBI (LODR) Regulations, 2015‘ wherein a list of Compliances (Quarterly / Half Yearly / Annual) was enumerated by me and the Agendas of Board Meeting, Audit Committee and Upcoming General Meeting were enumerated. This blog is […]

Omnibus Approval for Related Party Transaction under Companies Act, 2013

Omnibus Approval for Related Party Transaction under Companies Act, 2013 In case of Companies Act, is the board required to approve all related party transactions from audit committee? [1]The Companies Act 2013 prescribes that a company needs approval of the audit committee on all related party transactions and subsequent modifications thereto. Section 177(4) (iv). [2]Provided […]

How to Register a Copyright in India

How to Register a Copyright in India Copyright is a legal or statutory right conferred by the law to creators of literary, dramatic, musical and artistic works and producers of cinematography films and sound recordings. Unlike trademark and patent, copyright protects the expression and not the idea. Further, copyright registration cannot be obtained for titles […]

Disallowance of bad debts in case of running account with the party is justified

Disallowance of bad debts in case of running account with the party is justified Citation of the Case:- Amar Enterprise vs. ITO (ITAT Ahmedabad), Income tax (Appeal) no. 2520 of 2011, Date of Judgment: 05/06/2015 Brief of the Case ITAT Ahmedabad held In the case of Amar Enterprise vs. ITO that in the present case, […]

ICSI issues Draft Guidance Note on Annual Return

ICSI issues Draft Guidance Note on Annual Return Section 92 read with rule Rule 11(1) of the Companies (Management and Administration) Rules, 2014 requires every company to prepare and file the Annual Return in Form No. MGT-7 containing the particulars as specified under section 92 as they stood on the close of the financial year […]

Extension of Due Date for Filing Annual Return of Company to 30.12.2015

Extension of Due Date for Filing Annual Return of Company to 30.12.2015 General circular No. 15/2015 ,  F.No. 01/3412013 CL-V Government of India Ministry of Corporate Affairs 5t’ Floor, ‘A’ Wing, Shastri Bhawan, Dr. Rajendra Prasad Road, New Delhi-l Dated: 30 /11/2015

Govt may bring down Corporate Tax from 30% to 25%

Govt may bring down Corporate Tax from 30% to 25% Press Information Bureau Government of India Ministry of Finance 20-November-2015 Government Calls for Comments on Proposed Plan of Phasing-Out Exemptions and Deductions under the Income-Tax Act in Order to Bring Down Rate of Corporate Tax from 30% to 25% The Union Finance Minister Shri Arun […]