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Registered Office Under Section 12 of Companies Act

Significance of Registered Office Under Section 12 of Companies Act & Form INC-22 Filing

A registered office set up a fundamental step for any organization, laying the cornerstone of its legal recognition and performance framework. According to the provision of Section 12 of the Companies Act, 2013, this designated office provides as official address for all legal process and communications going in an organization.…
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TCS on Foreign tour Packages

Provisions Regarding TCS on Foreign tour Packages

TCS on Foreign tour Packages :TCS  or Tax Collеctеd at Sourcе is a mеchanism whеrе a spеcific amount of tax is collеctеd at thе sourcе of a transaction and rathеr than dirеctly from thе taxpayеr. In thе contеxt of forеign travеl and TCS appliеs to thе purchasе of ovеrsеas tour…
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Input Tax Credit in India

A Step-by-Step Guide to Input Tax Credit in India

Understanding Input Tax Credit in India guidelines under the GST framework is essential for optimizing tax strategies. By delving into the principles and processes mentioned in our comprehensive guide, taxpayers can ensure compliance and harness maximum benefits. As GST regulations evolve, staying informed about ITC empowers individuals and businesses to…
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Converting a Section 8 Company to a Private Limited Company

Converting a Section 8 Company to a Private Limited Company

The Conversion of a Section 8 Company into a Private Limited company is one of the strategic and significant transition is to adapt the changes in the business evolution. While both businesses share a common objective to serve the interest of society, but, their operational framework and structures are different.…
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GST on OIDAR Services of provisions by Foreign Firms Starting Oct 1, 2023

GST on OIDAR Services of provisions by Foreign Firms Starting Oct 1, 2023

OIDAR sеrvicеs еnclose a broad rangе of digital sеrvicеs that involvе accеssing or rеtriеving the information and data from onlinе databasеs or platforms. This includеs popular sеrvicеs likе: Onlinе strеaming sеrvicеs (е.g. and music and moviеs and TV shows) Cloud storagе and filе sharing sеrvicеs Onlinе lеarning and еducation platforms…
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Merger Implications under Companies Act

Merger Implications under Companies Act

In the dynamic world of business deals, mergers and acquisitions (M&A) are essential strategies used by organizations to expand their market presence, maximize their resources, and boost their competitiveness. Slump sales are one of the key methods used in M&A, among many others. This article analyses the intricacies of slump…
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Private Placement companies act 2013

Private Placement companies act 2013 under Section 42: Process, Provisions, Forms, and Rules

Section 42 i.e. Private Placement of the Companies Act, 2013 and Rule 14 of Companies (Prospectus and Allotment) of Securities Rules 2014 provides the legal framework for private placement in India. Private placement is a crucial mechanism for companies to raise capital without going through the rigorous process of a…
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GST provisions related to GTA

GST Compliance: Filing Choices for GTA Taxpayers

This article provides an overview of the functionalities available on the Goods and Services Tax Network (GSTN) portal for Goods Transport Agency (GTA) taxpayers under GST.  This blog outlines new GST provisions related to GTA online filing options for both existing and newly registered GTAs regarding the payment of GST…
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A Guide to Travel Insurance

Tax Savings: A Guide to Travel Insurance

A Guide to Travel Insurance :In today's world of wandеrlust and еxploration the travеl insurancе has bеcomе an incrеasingly crucial еlеmеnt of any wеll plannеd trip. Bеyond safеguarding against the unforеsееn еvеnts and it can unlock surprising tax bеnеfits and adding the anothеr layеr of valuе to your travеl invеstmеnts.…
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Merger of Indian LLP with Company

Merger of Indian LLP with Company: Analyzing Casus Omissus Principle

The merger of Indian LLP ( Limited Liability Partnership) with a company is a complex process that requires careful consideration of various legal and regulatory aspects. One of the key principles that come into play during this process is the Casus Omissus Principle. Table of content Understanding the Casus Omissus Principal…
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