Investing in companies (especially in startups) involves a huge risk. For this reason, financial investors look for exit rights which allow them to exit the company with a high return on the investment amount. While the aim of the strategic… Read more
Author: Admin
Companies (Amendment) Bill 2016: An Analysis
The Government placed a Bill to amend the Companies Act, 2013 (the “2013 Act”), passed less than 3 years ago, proposing nearly 100 amendments, purported to be for the ease of doing business. Most of the amendments proposed in the… Read more
Common mistakes in filling of Income Tax Return
The accurate and complete filling up of the relevant column or detail in the Income Tax Return (ITR) form is most crucial for correct calculation of income. In case the computation of Income or refund is different than what had… Read more
Bidding Goodbye to Creditors’ Voluntary Liquidation
Voluntary winding up under the Companies Act, 1956 has been segregated into two different types, i.e. members’ voluntary winding up and creditors’ voluntary winding up. But the Companies Act, 2013 eliminated distinction between members’ voluntary winding up and creditors’ voluntary… Read more
Model GST Act- Important things to know
Everyone is awaiting what would be outcome of Constitutional Amendment Bill in the impending monsoon session. But the government seems to be very keen to introduce the GST from next financial year. After issuing Joint Committee Reports on registration, refund,… Read more
Transition provisions under Model GST Law
With NDA government releasing the Model GST Law on 14/06/2016 the government had signaled that 01.04.2017 could be the appointed day for enactment of GST. In this regards it becomes important to understand the Transition provisions under the Law; As… Read more
Applicability of proposed GST to Casual & Non-Resident taxpayers
Applicability of Provisions of GST to Casual Taxpayer and Non-Resident taxpayers as per Draft Law There are some taxpayers who occasionally undertake transactions involving the supply of goods and/or services in the normal course of their business as a principal,… Read more
Taxpayer ledgers under GST as per Draft Model Law: An overview
As per the Draft GST model law and the process documents issued by the Department of revenue. There is a reference of three ledgers that are electronic cash ledger, electronic credit ledger and tax liability ledger. These 3 ledgers will… Read more
IMPACT OF NON-SUBMISSION OF EXPORT INTIMATION WITHIN THE PRESCRIBED TIME IN CASE OF CT-3
The perception of law should as it helps the implementation of law effectively. Law is framed for the assessee in which they will able to pay effortlessly Central Excise duty and follow the all principal of the Central Excise law…. Read more
HOW TO CHOOSE BEST PERFORMING MUTUAL FUNDS
Selecting a Mutual Fund can be a confusing & mind-boggling task. Let’s see, what you need to keep in mind while selecting the top mutual funds for yourself: • Choose a strong fund house: Before narrowing down you search to… Read more