Correction in OLTAS challan NSDL receives tax collection data as uploaded by the bank. NSDL is not authorized to carry out any changes in the data sent by the bank to TIN. The fields that can be corrected by the Taxpayer through Bank are tabulated below: Sl. No. Type of… Continue reading
Highlights of New Proposed Goods & Service Tax (GST) The basic principal governing behind GST is to have single Taxation System for Goods and Servicesacross the country. Currently Indian economy has various taxes on Goods and services such as VAT,Service Tax, Excise, Entertainment Tax, Luxury Tax Etc. now in the… Continue reading
List of Resolution for which MGT-14 require to file to ROC Section- 8: For a company registered under Section- 8 to convert itself into a company of any other kind or alteration of its Memorandum or Articles. File Copy of Resolution. Section – 12: Shifting Of Registered Office. Section-13: Alteration… Continue reading
NEW EXEMPTIONS IN SERVICE TAX Services by authorized persons / sub-brokers Vide Notification No. 03/2014-ST dated 03.02.2014, a retrospective exemption from service tax payable on the services provided by an authorized person or sub-broker to the member of a recognized association or a registered association has been granted, in relation… Continue reading
Key Effects Of Companies Act, 2013 Major changes which have major impact on corporate workings and corporate should be aware and take necessary action at the earliest and make policy with respect to restructuring of Board of Directors, acceptance of deposits, allotment of shares, alteration of objects and Memorandum/Articles… Continue reading
Not filing a return on time does have financial implications, especially if you have a net income tax payable and / or if you have losses to be carried forward. This can really hurt especially if the losses to be carried forward are significant. Therefore, your best option is to… Continue reading
List of the important changes incorporated in the Companies Act’ 2013 CHANGE IN SHAREHOLDINGS:-Every listed Company shall file with ROC a return in form no. MGT-10, in case of changes in the shareholdings of the Promoters and top 10 shareholders either increase or decrease of 2 % or more, either in value or volume… Continue reading