CAclubindia Articles

PAS-6: Reconciliation of Share Capital - Audit Report

CS Divesh Goyal 30 July 2021 at 09:51

Every unlisted public company shall submit Form PAS-6 to the Registrar with such fee as provided in Companies (Registration Offices and Fees) Rules, 2014 within 60 days from the conclusion of each half-year.

How to Remove Disqualification of Director?

CS Divesh Goyal 30 July 2021 at 09:51

As per the Companies Act, 2013, once a director is disqualified u/s 164(2) the director so disqualified shall continue to be disqualified for a period of 5 years.

What to do when confused between two firms for Articleship?

CA Sapna Ghelani 30 July 2021 at 09:47

This phase of 3 years will decide what the CA student will be in future. So, it is important to choose the right firm for Articleship. Sometimes, students make a wrong choice while choosing an articleship firm and regret it later.

Which Countries Are Using Cryptocurrency the Most?

Neethi V. Kannanth 30 July 2021 at 09:47

Statista conducted a global consumer survey and it revealed that people from Africa, Asia and South America are more likely to own or use cryptocurrencies than those in Europe, North America or Australia.

New functionality for Aggregate Turnover deployed on GST Portal

Rohit Kumar Singh 30 July 2021 at 09:47

Taxpayers can now see the exact Annual Aggregate Turnover for the previous FY, instead of just two slabs of above or upto Rs. 5 Cr. They can also see AATO of the current FY based on the returns filed to date.

One Person Company (OPC) | An analysis

Manju Laur 30 July 2021 at 09:47

The very concept of an OPC is that it shall have only one member. Only an individual can form an OPC. The minimum and maximum number of members in an OPC is one.

FAQs on Signing of Financial Statement

CS Divesh Goyal 29 July 2021 at 09:45

Financial statements are formal records of the financial activities and position of a business, person, or other entity. Let us discuss 10 FAQs on the signing of financial statements.

Can the Financial Statements be signed digitally?

CS Divesh Goyal 29 July 2021 at 09:45

As per the meaning of the Digital Signature and Section 134, we can opine that the financial statements of the Company can be signed either physically or digitally.

FAQs on Disqualification of Director

CS Divesh Goyal 29 July 2021 at 09:24

If a person has been disqualified in any company due to section 167(1) such person shall be considered as ceased in all other companies wherever he was appointed as a Director.

FAQs on Annual General Meeting (AGM) & Extension due to COVID 19

CS Divesh Goyal 29 July 2021 at 09:24

At an AGM, the directors of the company present an Annual report containing information for the shareholders about the company's performance and strategy.