DIN is mandatory for all directors who hold the office of the director in any national, international, or multi-national company located in India. Director Identification Number (DIN) is a unique identification number for an existing director or a person intending…
Under the faceless Assessment, a central computer automatically selects one or more tax returns for scrutiny based on risk parameters and mismatches and then allots them randomly to a team of officers. CBDT had notified the National e-Assessment Centre (NeAC) for all communications with…
Shareholders and the Directors are an integral part that is responsible for the successful running of the company. Their relationship is a complex as both are mutually dependant on each other. Who is a Director? A director is someone who’s…
Financial Year is the year in which you earn an Income while Assessment Year is the year following the financial year in which you have to evaluate the previous year’s income and pay taxes on it. Every Assessee need to understand…
Most of the rent agreements are signed for 11 months, as signing it for 11 months can avoid stamp duty and other fees. What is a Rent Agreement? A Rent Agreement is a document which defines the legal relationship between a landlord…
A private limited company is a privately-held business entity. The liability arrangement in these is that of a limited partnership, wherein the liability of a shareholder extends only up to the number of shares held by them. As the name…
In this article, we will let you know the minimum requirements to start a private limited company in India. In order to register a company in India you are required to fulfill certain basic requirements as per Companies Act 2013.…