As Artificial Intelligence works for every industry, it certainly has a significant impact on the accounting and finance industries as well.
A Sole Proprietorship is a business entity that is wholly owned and controlled by an individual, it is a good form of business for individuals who want to start small but as business grows it necessitate converting it into some greater form for greater advantages.
Rule 37 of the Limited Liability Rules, 2009 deals with the striking off name of Defunct LLP. Defunct means those LLPs which are not functioning or not operating.
A Company is a Big Holistic and Multi Dimensional Business organization and multiple functions take place on daily basis.
Transmission of shares is a process by operation of law where under the Shares are registered in a Company in the name of deceased person or an insolvent person are registered in the name of his legal heirs by the Company on proof of death or insolvency as the case may be.
The company must extinguish all its liabilities as a first step for strike off.
The Insolvency and Bankruptcy Board of India (IBBI) vide Facilitation / 001 / 2020 dated 08th May, 2020 has issued circular on Role of Resolution Professional / Liquidator in respect of Avoidance Transactions for educating the IPs and other stakeholders.
Section 151 of the Income Tax Act 1961(Act), provides that Assessing officer (AO) has to take approval from the higher authority before issuing the notice u/s 148. AO, by the provisions of section 147 of the Act, has the power, to reopen the already completed Assessment.
MGT-14 needs to be Filed by a Company with the Registrar of Companies (RoC) in accordance with section 94(1) and 117(1) of the Companies Act 2013 and the rules made thereunder.
Valuation is one of the most crucial aspect for an organisation engaged in import and export of gems, precious and semi-precious stones considering high value transactions.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
V.K. Ranjan & Co(Chartered Accountants)
New Delhi
B.Com
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Sri Aurobindo Gnostic Centre of Education
New Delhi
CA
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