ROC has extended the due date of holding AGM for F.Y. 2019-20 by 3 months from the due date without the filling of form GNL-1.

Provisions under Companies Act,2013 Section 185(1) provides that ‘No company shall, directly or indirectly, advance any loan, including any loan represented by a book debt to, or give any guarantee or provide any security in connection with any loan taken by, – (a) any director of company, or of a…

Introduction In a business scenario, it may not be possible for an industry to carry out all processes of manufacturing the product within its own premises. In such an eventuality, the manufacturing unit will have to get the work done i.e. processing of the raw materials or intermediate product from…

Background Section 9(3) and Section 9(4) of the CGST Act, 2017 contains the provisions with respect to Reverse Charge Mechanism in respect of certain services which are notified from time to time. Notification 13/2017 – CT (R) dated 28-06-2017 vide entry No. 6 provides for levy of RCM on services…

Living in the current unprecedented times amidst the Covid pandemic, there is growing acceptance for owning a home that brings in more financial and emotional security. Moreover, with stability in property prices, interest rates being 15 year low and many projects available in the market, investing in your own home has…