Expert Knowledge,
Straight from Practitioners.
Tax tips, legal guides, and financial advice written by the same verified CAs, Advocates, and Advisors you can consult on ConsultEase.
Latest updates related to service tax, DVAT,Companies Law, Central Excise and income tax
Service Tax – Seeks to amend Notification No. 25/2012- Service Tax dated 20.06.2012 (b) services by way of renting of immovable property.”. (a) services specified in sub-clauses (i),(ii) and (iii) of clause (a) of section 66D of the Finance Act, 1994; “Explanation:- For the
Scope of Reporting under Section 143(3) and 143(11) of the Companies Act, 2013 and in particular on the Existence, Adequacy and Effectiveness of Internal Financial Controls
EXECUTIVE SUMMARY In conducting an audit of financial statements, the overall objectives of the auditor are: (a) To obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, thereby enabling the auditor to
Detail guide on cost audit of companies under Companies Act 2013
INTRODUCTION: A mechanism to maintain cost records and cost audit leads to fulfil the objectives of improving public distribution system, health care system, infrastructure, transforming Indian industry into a globally competitive manufacturing hub. The main idea to maintain cost records and its audit is to
First AGM of Private Limited Company by Ashish Baid
Annual General Meeting (“AGM”): First AGM of the Company needs to be conducted within 9 months from closing of First Financial Year. For the Companies incorporated on or after 1/1/2015, 31/3/2016 will be consider as closing of first Financial Year and not 31/1/2015. Time: Between
ROC FilingsNATIONAL COMPANY LAW TRIBUNAL (NCLT) – A step towards ease of doing business in India
The National Company Law Tribunal (NCLT) is a quasi-judicial body in India that adjudicates issues relating to Companies in India. The National Company Law Tribunal was formed or established under the Companies Act, 2013 which was constituted with effect from 1st June, 2016. The Ministry of Corporate
Companies (Incorporation) Fourth Amendment Rules, 2016
Companies (Incorporation) Fourth Amendment Rules- MCA has released the Companies (Incorporation) Fourth Amendment Rules, 2016. These rules provide for the consolidated form for registration of the company. It is called SPICe (Simplified Proforma for incorporating company electronically.) It will make the incorporation of a company easy
Insolvency and Bankruptcy Code, 2016 (IBC)
Section 252 of the Insolvency and Bankruptcy Code, 2016 (IBC), which came in to force w.e.f. 01.11.2016, provide that The Sick Industrial Companies (Special Provisions) Repeal Act, 2003 shall be amended in the manner specified in the Eighth Schedule. Eighth Schedule of IBC provides for
CARO:Companies (Auditor’s Report) Order, 2016
Background of CARO Section 143(11) of the Companies Act, 2013 (the Act) requires that auditor’s report of specified class of companies should include a statement on the prescribed matters. These reporting requirements have been prescribed under the Companies (Auditor’s Report) Order, 2016 (CARO 2016) issued
Maternity benefit to woman from12 to 26 weeks
The Maternity Benefit (Amendment) Bill, 2016 This bill has been passed by the Rajya Sabha on 11th August, 2016. The same was passed by the Lok Sabha on 9th March, 2017. The Amendment Act received assent from Hon’ble President on 27th March, 2017. Now, it
Companies Amendment Act 2017
Companies Amendment Act 2017: Companies Amendment Act 2017 is here for your reference. 1. (1) This Act may be called the Companies (Amendment) Act, 2017. (2) It shall come into force on such date as the Central Government may, by notification in the Official Gazette,
How to incorporate a company in India
How to incorporate a company in India Now incorporation of company is a very simple process and merged few processes like getting business name approval, DIN, PAN and incorporation application into one single process. To make it simple and easy for registering a business Inindia,
Difference between Trust, Society & section 8 Company
Difference between Trust, Society & section 8 Company Trust, Society and section 8 Company are all different from one another. But people still may get confused on the basis of the difference and the reason of difference. Lets find out the difference between trust, society
FAQs
Questions people often ask
About Our Blog
Getting Help Beyond the Blog
Content & Accuracy
Download the app
Expert help is just one call away.
Join thousands who already use Consultease for quick, trusted, and private advice on tax, business, property, and personal matters.