A time barred order u/s 263 is bad in law.

Begani Dyeing Mills Pvt.Ltd., Surat v. The Pr.CIT., Surat Facts of the caseThe case of the assessee was selected for scrutiny through CASS and accordingly original assessment in case of assessee was completed u/s....

Notice u/s 148 was issued in the name of dead person which is invalid in the eyes of law.

Sh. Haresh P. Shah, Legal Heir, Late Manjula P. Shah Vs ITO Facts of the case Notice for reassessment proceedings u/s 147/148 was issued to dead person by the department. Death certificate was furnished by the legal...

Application for Registration of Trusts or Charitable Institutions u/s 80G of Income Tax Act,1961

Section 80G of the Income Tax Act, 1961 provides deduction in respect of donations to specified funds, charitable institutions, trusts etc. which are approved u/s 80G. So, trusts and charitable institutions willing to receive...

Spending funds for setting up makeshift Hospitals, temporary COVID care facilities eligible as CSR activity #maskandmassappeal

Coronavirus crisis is intensifying with each passing day. Till you get vaccinated masks seem to be the only effective way to protect oneself from the deadly virus. Wearing masks properly, maintaining social distancing and...

Relaxation granted by MCA due to second wave of Covid-19

Circular-1: Maximum Gap between two Board Meetings under section 173 of the Companies Act, 2013.  MCA has extended a gap between the two board meetings by 60 days for the first two quarters of Financial Year...

Snapshot of compliance tracker for ROC forms – FY 2020-21

All the business structures registered in India i.e. Private Limited Company, Public Limited Company, One Person Company, Limited Liability Partnership etc. need to file certain forms every year with the Registrar of Companies. All...

Form DIR-3 KYC- Mandatory annual compliance for DIN holders

What Is DIR-3 KYC Form? DIR-3 KYC is an annual e-form which is to be filed by every Director/Partners/Designated Partners who has been allotted a ‘Director Identification Number’ (DIN) as on 31st March of a...

What is Form ADT 1? Form ADT1 For Appointment Of Auditor

When a company appoints an auditor, it is obliged to accept the appointment of an auditor to the Registrar of Companies (ROC) in a specified manner in compliance with section 139(1) of the new company act 2013....

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