Insolvency and Bankruptcy Board of India notifies Corporate Voluntary Liquidation Process Regulations

The regulations provide the process from initiation of voluntary liquidation of a corporate person companies, limited liability partnerships and any other persons incorporated with limited liability till its dissolution. A corporate person may initiate a voluntary liquidation proceeding if majority of the directors or designated partners of the corporate person make a declaration to the […]

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DUE DATE REMINDER- March 15, 2017

ATTENTION!! Tomorrow i.e. 15th March 2017 is the due date for the following statutory compliance: Fourth installment of Advance Tax for the Assessment Year 2017-18 in Challan No. ITNS 280 under Income Tax Act, 1961. Due date for payment of whole amount of advance tax in respect of assessment year 2017-18 for assessees covered under […]

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DUE DATE REMINDER: October 25, 2016

Tomorrow i.e. October 25, 2016 is the due date for the following statutory compliance: Due date of filling of monthly PF return for the month of September, 2016 in Form 12A under Employees Provident Funds & Miscellaneous Provisions Act, 1952. Filing of Service Tax Returns for the half year ended April to September in Form […]

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ICAI withdraws application Guide on Schedule II to Companies Act, 2013

Application Guide on the Provisions of Schedule II to the Companies Act, 2013 is no longer effective as the Guidance Note on Accounting for Depreciation in Companies in the context of Schedule II to the Companies Act, 2013 has been issued. The Corporate Laws & Corporate Governance Committee (CL&CGC) of the Institute of Chartered Accountants […]

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MCA 21- Peak Filing Preparation 2016

ANNOUNCEMENT: Peak Filing Preparation 2016- MCA 21 As you are aware it is time of peak filing of Balance Sheet & Annual Return under the Companies Act. To avoid last minute rush and system congestion on the MCA 21 portal on account of annual filings during October / November 2016, we are quite sure that […]

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