Input Service Distributor in GST
Thus, the concept of ISD is a facility made available to businesses that have a large share of common expenditures, and billing and payment are done from a centralized location.
K2Y India
Statutory Particulars on Company Business Letterheads
Letterheads of business documents should be handled carefully and it’s a crucial part of business to include all the particulars in their business letterheads as per the law. Pursuant to the provisions given under Section 12(3) of the Companies Act,…
DIN KYC
Director identification number (DIN) is a unique number issued by the Ministry of Corporate Affairs (MCA) under the Government of India (GOI) upon the filing of a DIN application via e-Form DIR-3 to a person who wishes to become a…
What is the Process for GST Refund and How to claim?
What is GST Refund? A GST refund is the process by which registered taxpayers can claim a GST amount available into the GST login portal account in the form of cash or Input Tax Credit (ITC). What are the reasons…
Procedure for Handling AGM when Audited Financial Statements are Delayed:
What If the Last Date for Holding the AGM is Approaching but the Audited Financial Statements Are Not Ready? In the event that the deadline for holding the Annual General Meeting (AGM) is imminent but the audited financial statements are…
Role of Form 26AS under Income Tax Rules
At the time of filing of ITR or on any other occasion you might heard this word from your consultant that this information is available under Form 26AS. Form 26AS is a description of financial transactions done by the taxpayer…
Implementation of e-verification Scheme-2021
Please refer the PL dated 26th February 2024.
ITR Forms for the AY 2024-25 well in advance
Post Set-up/ Incorporation Compliances
First Board Meeting: A Company shall hold its first Board meeting within 30 days of Incorporation to consider the following matters: Design Share Certificates, signboard, nameplate, letterhead, etc.; Rubber stamp of the Company; Ratification of Pre-incorporation expenses; Printing of…
Digital Signature Certificate
Digital Signature- means authentication of any electronic record by a subscriber by means of an electronic method or procedure in accordance with the provisions of section 3 of Information Technology Act, 2008. Digital Signature Certificates (DSC) are the digital equivalent…