Attached news item says share information about startup tax demand with localcircles. How should we do the same. Kudos on continued super work LC. more
What haHow about few of Startups whose Registered Companies are issued with NOTICE of Removal of Company Name from the The Register of Companies, as these were strugling to get Seed FUND and buring their fund arranged internally. They having Registered their Startup Company under Registrar of Coompanies, and could not make finacial progress have been issued with a letter stating that QUOTE : persuamt to sub-section (10 and (2) of teh Companies Act, 2013, notice is hereby given that as per avaialble record: - " the company is not carrying on any business or operation fro a period of two immediately preceeding finacial years and has not made any application with in such period for obtaining teh sattus of a dormant company under section 455" . These Comapnies are started after 2013 -2014 and are not differentated with those of so called SHELL -COMPANIES created earlier for mmoney laundering purpose ,etc . These notices were issued with a threat to remove the bame of Company within 30 days of giving such notice. What has to be done while the Founder/Co-Founder as directors of the Comapny are staying abrod and not able to send suitable replies or any documents on Business activities not leading to any finacial gain so fatr for more than 2 FY s after Incoprorating and Registering under ROC, Gov,India. Any suggestion from learned members here as my son is one who is on Busines trip to US and recived the letter earlier here at adress and nort able to reply the same so far. more
IT Index collapsed by 4% yesterday as it continues to struggle From 2 years ago: - Salary Hikes: 15% down to 5% - Revenue Growth: 19% down to 3% - Hiring: Down 60% - ...
New criminal laws come into effect from today. Here is one new law to be concerned about: ‘individuals who engage in sexual relations by deceit, such as false promises of employment or marria...
Layoffs going on in full swing in IT sector! Daily 1-2 news coming in closed circles... crazy consolidation. Worser than 2000, 2002, 2008-2009 and 2015.
36% students from IIT bombay are unemployed at graduation. Where exactly are we headed as a nation. Imagine the state at NITs and other govt engg colleges. Private colleges to we must forget only. ...
Dumbest thing in GST is using PAN as GST number and Mandating displaying GST number in Sign Boards. So that everyone on street knows our PAN. PAN is used as password in income tax docume...
Google India hiked the rate of business mail by 350 %. With fear of recession looming and when msme are struggling this is not the right thing to do. It will cost msme sector 5000 crore per year...
Still GST system is not 100 % user/official friendly. there are news that so much money (in lacs) collected by fraudulent GST bills. I am a GST registered vendor. The company turn over is almo...
Many of you know how LocalCircles had worked with the Government in 2019 on resolution of angel tax issues under Section 56 (2)(viib) of the Income Tax act. Once again, the Government h...
Now our IT portal has become sick being suffering babu virus or extortion virus. McA site never works on last days and people have to pay penalties for mistakes of govt. Now professionals are wasti...
What about income tax return filing date? Any extension thereof? As of today, I am not able to file the return . Has any one else file the income tax return? Has Portal issue been solved? I have al...
By Hasmukh Sangani
/
Share
Sign Petition
Enter your email and mobile number and we will send you the instructions