Brief on PAN, TAN, TIN and GSTIN
Brief on PAN, TAN, TIN and GSTIN and differences between them You would have come across PAN, TAN, TIN, and GSTIN in the daily usage and in context of Income Tax. PAN- Permanent Account number A PAN is a 10-digit alphanumeric number that’s unique to every taxpayer in the country. It’s issued by the Income […]
Main Objects For Broadcasting And Telecasting
Main Objects For Broadcasting And Telecasting Detailed Main Objects For Broadcasting And Telecasting To Carry on the business of broadcasting, telecasting, relaying, transmitting, distributing, running, acquiring, and distribution of radio programs, radio events, television programs, audio, voice, or other programs or software for entertainment through the Company’s own or hired channels through the internet, telecom […]
Main Objects For Property Management
Main Objects For Property Management Detailed Main Objects For Property Management To maintain or provide services in respect of all buildings, apartments, commercial complexes of all nature. To carry on the business of providing all types of facilities, management and maintenance of all kinds and structure s such as commercial & residential buildings and complexes, […]
Surrender of DIN Procedure
Surrender Of DIN Procedure Surrender Of DIN Procedure Section 153 of the Companies Act, 2013 Read with Rule 11 of the Companies (Appointment and Qualification of Directors) Rules, 2014. As per section 153 of the Companies Act, 2013, Every Individual intended to be appointed as Director of the Company, shall make an application for allotment of DIN to […]
Format of Resolution by Circulation
Format of Resolution by Circulation The following Resolution is intended to be passed by circulation as per the provisions of Section 175 of the Companies Act, 2013. A note explaining the urgency and necessity for passing the said Resolution by circulation and the supporting papers (if any) are enclosed. and also it includes particular Format […]
GST Registration in Bangalore
GST Registration in Bangalore Goods and Services Tax (GST) registration is mandatory for businesses in India whose turnover exceeds the prescribed threshold. Here’s a complete guide to GST Registration in Bangalore. Who Needs GST Registration? Businesses with Turnover Above Threshold: ₹40 lakh for goods suppliers (₹20 lakh for special category states). ₹20 lakh for service […]
Introduction of form MGT 7A by ministry of corporate affairs
Introduction of form MGT 7A by Ministry of Corporate Affairs Recently the Ministry of Corporate Affairs has notified a separate form for small companies and one-person companies (OPC) under section 92 read with sub-rule (1) rule 11 of the Companies Management and Administration rules. In this regard, it is pertinent to note that the Finance Bill, […]
Things to do to make your business accounting simpler
Things to do to make your business accounting simpler Separate bank account To open a separate business account right from day one of your business so it is easier to track exclusive business incomes & payments and account for them easily. It will also help to maintain clean business history & will have clear bifurcation […]
Passing the resolution by circulation
Passing the Resolution by Circulation The Companies Act, 2013 makes the provision of Passing the resolution by circulation, to transact urgent matters in cases where the holding of Board Meeting is not possible on an immediate basis or due to non-availability of Directors. As per Section 175 of Companies, Act 2013 read with Rule 5 […]
Golden Rules of Accounting
Golden rules of Accounting Every entity must present its financial information to all its stakeholders. The information provided in the financials must be accurate and present a true picture of the entity. For this presentation, it must account for all its transactions. Since economic entities are compared to understand their financial status, there has to […]
