CAclubindia Articles

Removal and Resignation of Auditor

Neethi V. Kannanth 20 September 2022 at 08:53

An auditor appointed under section 139 of the Companies Act, 2013 cannot be removed from his office before the expiry of his term.

All about Import Export Code & its Registration

Antika Mukherjee 20 September 2022 at 08:53

Any proprietorship, Company, society or charitable organization engaging in the import or export of goods or services duly, are required to get an unique 10 digit Import Export Code allotted to them by the Directorate General of Foreign Trade, Ministry of Commerce.

Digital Lending - A trap or a bonanza

CS Komal Garg 19 September 2022 at 14:39

In the era of growing fintech companies, the option of availing loans on zero interest rates or BUY NOW PAY LATER mode are increasing at fastest pace. Companies such as Zest Money, Simpl etc., are giving credit facilities to general public to avail loans and repay the money in various monthly installments that too with no interest cost sometimes.

Circular 18/2022 issued by CBDT on Section 194R

Shikhar Khurana 19 September 2022 at 10:48

Vide the powers conferred under sub-section (2) of section 194R of the Income Tax Act, 1961 (‘Act’) the Central Board of Direct Taxes ('CBDT') has issued guidelines for removal of difficulties in implementation of this section. These guidelines are binding on the income tax authorities and on the person providing such benefit/ perquisite.

All about internal control

Jyoti Mittal 19 September 2022 at 09:36

Internal control may also be defined as a process comprises of Organisation, People and Information Technology.

Definition of small company u/s 2(85) and key considerations

CA Geetika Bhatia 19 September 2022 at 08:46

The MCA vide its Notification No. G.S.R. 700(E) Dated 15th September, 2022 has yet again revised the definition of Small Company [Section 2(85) of The Companies Act, 2013].

Online Company Registration in India: How to Register a Company in India?

Jyoti Singh 19 September 2022 at 08:46

Let's try to grasp the many forms of business structures in India before learning how to register a company.

Amendment to the definition of small company and benefits

Affluence Advisory 19 September 2022 at 08:46

The Ministry of Corporate Affairs has notified an amendment in the Companies (Specification of Definitions Details) Rules, 2014 that come into force from 15th September, 2022. The Amendment has been introduced to provide ease of doing business and to reduce the burden of compliance from a large number of companies as the definition has been widened to cover more companies.