Necessary Compliances for Company in Companies Act 2013
We have listed down various Necessary Compliances for Company (Private Limited) in the Companies Act 2013. The MCA recently launched the LLP Settlement Scheme, in 2020 to provide relief to LLPs during the COVID-19 outbreak. This scheme includes a one-time waiver of penalties for non-compliance with certain requirements and an extension of filing deadlines to […]
Nidhi Company Compliances After Incorporation
When a company is incorporated, it is crucial to ensure that all necessary compliance requirements are met. This ensures that the company is operating in a lawful and ethical manner and can prevent potential legal issues. In this article, we will discuss the key compliance measures that must be followed by Nidhi companies after incorporation. […]
Alert! Income Tax Notice under Section 148 to Crypto Traders
Income Tax Notice to Crypto-Currency Traders Many cryptocurrency traders have recently received notices from the Income Tax Department under Section 148A(b) of the Income Tax Act (ITA). These notices were sent to individuals who engaged in cryptocurrency trading but did not report it on their Income Tax Returns (ITR) or pay the associated taxes. The […]