Latest Post and Updates

Important things to be considered before drafting a Service Outsourcing Contract

To contract out everything to a third party like from Housekeeping to Internet Security is coined as ‘Outsourcing’. Outsourcing various activities let companies concentrate on its core functions.  It can actually save company’s valuable time and hence company can handle its important operations effectively. Many types of tasks can be…
Continue Reading

How to draft a Franchisee Agreement?

A Franchise agreement is a legally binding document that governs Franchisor and Franchisee and defines all rules and regulations related to franchise. There is no prescribed format for the Franchisee agreement as to the terms and conditions, methods of operations of various franchises depend upon the nature and type of…
Continue Reading

How can you apply for Trade License in India?

Now a days Trade License has become a very crucial document for an individual or a person who wants to commence or set up a new business in a certain specific area/location/site. This kind of a license allows a person to carry on its trade or a business for which…
Continue Reading

Government announces GST Amnesty Scheme for Tax Payers: Key Highlights and Benefits

The 43rd GST council meeting was held on 28th May 2021. The council has announced GST Amnesty Scheme 2021 and provide big relief by providing waiver /reduced late fees and interest. Apart from reduction/rationalization in late fees and interest for pending returns, Due dates for filing of GSTR-1, GSTR 3B,…
Continue Reading

Things You Need to Know Before Filing ITR 5 Form

Income tax return is a crucial statement of income of the concerned assessee, both for government and the individual or person filing it as it provides bases for many in depth conclusions like per capita income, sector wise growth etc. As India has a number a small scale industries or…
Continue Reading

Is Directorship under Private Limited Company a status or responsibility?

Table of contents: Introduction Requirement to become a director Types of Director in a company What are the provisions of appointment and cessation of directors? What are the Duties and Responsibilities of Directors? Conclusion Introduction: In today’s era, Private Limited Company is one of the most common and popular form…
Continue Reading

Taxation of Dividends in the hands of Individuals and shareholders

Companies rely on funds to manage the affairs of their business successfully. Shareholders in a company play a vital role in raising funds, and in that process, they become its stakeholders. They exercise control over the share of profits in proportion to the money they invest. Dividend is known as…
Continue Reading

Tax Audit Under Section 44AB

You might have heard the word "Audit" so many times, well let us dive into this, what is "Audit", if you go by oxford "Audit is an official examination of the present state of something, especially of a company’s financial records" but the concept doesn't end here, there are various…
Continue Reading

SOP for revocation of cancelled registration under Section 30 of GST Act in Rajasthan

If you are registered under GST, you must know that it is not permanent, and the registration granted can be cancelled for stipulated reasons. The department can initiate the cancellation on their own motion (they cancel it), or you can also apply for cancellation of your registration. Due to some conditions as prescribed, any person…
Continue Reading

Complete Information of holding Annual General Meeting as Per Companies Act 2013

Annual General Meeting, commonly known as AGM, is a mandatory yearly compliance requirement that every company needs to follow.  In the case, any company fails to conduct the AGM, it will be considered as default. As a result, the company would be subject to a hefty penalty. Therefore, it is…
Continue Reading

Ask an Expert