assessment faceless
Hi Everyone,
There is one trademark application where the limit of one month has passed. Can we file for an extension? If yes, please let me know the procedure and eligibility, if any.
Dear Colleagues,
Opinions are invited on below mentioned query.
Which radio button to be selected from the following in e-form INC-22 while changing registered office from Secunderabad to Hyderabad :
1. Change in ROC within the same state
(Name of office of Existing ROC - ROC Hyderabad
Name of new ROC- ROC - Telangana)
OR
2. Change within local limits of city, town or village.
Even in this case, change is showing in the form from existing ROC Hyderabad to ROC- Telangana.
hyderabad secunderabad change office registered
A section 8 company is Incorporated , object is they will fund education of School kids n ol.
They want to take monthly donation from random public 500/- each monthly and with that it will fund the object. My question is:
1. Can a section 8 company accept such donation?
2. If yes, what are the compliance requirements?
Hello,
What is the procedure for a company to register a immovable property in its name if the property is currently belongs to another person who is not a shareholder of a company but he wants to be a shareholder of the company. The company has authorized and paid up capital of ? 1lac. Do we need to increase authorized capital and paid up capital of the company or transfer existing shares to the new person SH -4 will be enough? Please advise
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company property immovable bringing shareholder
Hello,
What is the procedure for a company to register a immovable property in its name if the property is currently belongs to another person who is not a shareholder of a company but he wants to be a shareholder of the company. The company has authorized and paid up capital of ? 1lac. Do we need to increase authorized capital and paid up capital of the company or transfer existing shares to the new person SH -4 will be enough? Please advise
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company property immovable bringing shareholder
Dear All,
With reference of the aforementioned subject, Kindly guide me where to check for GSTIN as no mail and sms has been received.
Thanks and Regards
Dear All,
Greetings of the day..
Please guide on the following:
A Pvt. Ltd Company had two Directors and one director resigned in August 2020. Only one director is there in company since then.
My question is what will be the consequences of having only one director in a Pvt. Ltd. company as the company wants to appoint a new director from the current date.
Dear Colleagues,
Request to accord inputs on below mentioned query :
Whether consolidation of Shares ( Compiling 12 Share Certificates into 1 Share Certificate) can be done ? If yes, post consolidation, Split of Share Certificate in the denomination as requested by the Shareholder and approved by the Board can be effected ? Considering Rule 6(1)(c) of the Companies(Share Capital and Debentures) Rules, 2014, the same can be done. Opinions are invited in this regard please.
PFA Share Certificates, the manner in which details will be filled complying the Companies Act.
Opinions are invited in this regard please.
shares split followed consolidation 
Income Tax Faceless E-assessment Scheme 2019 was notified on September 12, 2019 by Central Board of Direct Taxes for faceless assessment under Scrutiny.
To begin with, 58,322 income tax cases have been selected under the National e-Assessment Center (NeAC). NeAC is an independent office that will look after the work of e-assessment scheme which is recently notified for faceless e-assessment for income taxpayers.
Now, this scheme has been criticized vehemently by none other than the Income tax department officials themselves on the several ground including hurried implementation and efficacy.
Read here:
Tax officers have expressed concerns over the faceless income tax assessment system initiated by the Central Board of Direct Taxes (CBDT), saying it will create procedural difficulties and may hit revenue collections.
The assessing officers will face difficulties and will not be able to make proper assessment without looking into books of accounts of taxpayers.
Income Tax Employees Federation and the Income Tax Gazetted Officers’ Association in a joint letter to CBDT chairman said the scheme has not taken into consideration principle of natural justice and could lead to harassment of taxpayers rather than intended objective of ease.
“The scheme is being implemented in a hurry without considering the concerns of the majority of the stakeholders,” according to the letter dated October 3.
“We express our strong displeasure on this type of unilateral decision-making as it is not in the interest of the efficient working of the department,” it said.
This was done without stakeholders consultation, the letter said, adding that it would also lead to HR related issues as well.
It is to be noted that the government last fiscal missed its direct tax collection target, and for this fiscal it has set higher revenue mobilisation goal of Rs 13.80 lakh crore.
Earlier this month, the income tax department launched a faceless e-assessment scheme to eliminate interface between an assessing officer and a taxpayer to reduce the scope for corruption and potential overreach by tax officials.
The initiative from the tax department came following Prime Minister Narendra Modi’s August 15 address during which he had said wealth creators should not be viewed with suspicion as they serve the nation and deserve respect and encouragement.
To begin with, 58,322 income tax cases have been selected under the National e-Assessment Center (NeAC). NeAC is an independent office that will look after the work of e-assessment scheme which is recently notified for faceless e-assessment for income tax payers.
There would be an NeAC in Delhi to be headed by principal chief commissioner of income tax.
There are eight Regional e-Assessment Centres (ReAC) set up in Delhi, Mumbai, Chennai, Kolkata, Ahmedabad, Pune, Bengaluru and Hyderabad which would comprise assessment unit, review unit, technical unit and verification units. Each ReAC will be headed by the chief commissioner of income tax.E-assessment Scheme 2019 was notified on September 12.