CAclubindia Articles

Arbitration under MSMED Act

CS Lalit Rajput 16 August 2021 at 09:13

Where the conciliation fails under the provisions of the Act, MSEFC shall either take up the dispute for arbitration or refer it to any institution providing alternate dispute resolution services.

Top 5 Cash Transactions that can Attract IT Notice

CS Lalit Rajput 16 August 2021 at 09:13

Discussing the top 5 cash transactions that can attract IT notice with regard to savings/current account, credit card bill payment, bank FD, mutual fund/stock market/bond/debenture and real estate.

Section 194N: TDS on Cash Withdrawal from Banks/Post Offices (Updated for FY 2021-22)

CA.R.S.KALRA 15 August 2021 at 16:32

Section 194N is applicable in case of cash withdrawals of more than Rs 1 crore during the FY. This section will apply to all sums of money or an aggregate of sums withdrawn from a particular payer in the FY.

Whether, strike off allowed before filing of INC 20A

CS Divesh Goyal 15 August 2021 at 16:29

Can companies file e-form STK-2 for strike off without filing of e-form INC 20A in case the company has not conducted business since Incorporation? Let us discuss.

How does SEBI Protect the Interest of Investors?

Poojitha Raam Vinay 14 August 2021 at 16:50

Investor protection is a wide term that defines measures to protect the investors from malpractices of companies, merchant bankers, depository participants and other intermediaries.

How to Strike off a Company within 1 year of Incorporation?

CS Divesh Goyal 14 August 2021 at 16:30

If a company has not started any business since incorporation and promoters want to strike off within a year of incorporation, whether they can file STK-2 for strike-off? Let us discuss.

Addition in Disclosure of Financial Statement

CS Divesh Goyal 14 August 2021 at 09:11

MCA is increasing stringency in compliances and adding numerous additional disclosures in Financial Statements, Directors Report and Audit Report. The main purpose behind these amendments is to ensure more transparency.

How to take loan, before filing of INC 20A?

CS Divesh Goyal 14 August 2021 at 09:11

Can a company accept loan from Directors or any other person before the filing of INC 20A for general purposes like Opening of Bank Account, preliminary Expenses etc? Let us discuss.

Dilemma of Small Entrepreneurs during the Pandemic

Seetharaman K C 14 August 2021 at 09:10

Small entrepreneurs who have been completely shut down are trying to recover from the precarious situation but the stringent rules of Bankers and other Regulatory Authorities are not allowing them any breathing space.

Section 41: Deemed Profits

Ritik Chopra 14 August 2021 at 09:09

Any loss of a business incurred during the year in which it ceased to exist and which could not be set off against any other income of that previous year shall be set off against deemed incomes.