March 2024

Income Tax Notices to startups

Income Tax Notices to Startups

In recent weeks, numerous new-economy ventures, particularly in the fintech sector, have been issued income tax notices regarding the venture capital they’ve raised, according to insiders. These notices, issued under Section 68 of the Income Tax Act, lump the investments received by these startups with their earned income, resulting in taxes and penalties imposed on […]

Commencement Notification dated 24.10.2018

MINISTRY OF CORPORATE AFFAIRSNOTIFICATIONNew Delhi, the 24th October, 2018 S.O. 5385(E).—In exercise of the powers conferred by sub-section (3) of section 1 of the CompaniesAct, 2013 (18 of 2013), the Central Government hereby appoints the 24th October, 2018 as the date on whichthe sub-sections (2), (4), (5), (10), (13), (14) and (15) of section 132

Regarding amendments inSchedule III to the companies act 2013

GOVERNMENT OF INDIAMINISTRY OF CORPORATE AFFAIRSNotificationNew Delhi, 11th October, 2018 G.S.R. (E).—In exercise of the powers conferred by sub-section (1) of section 467 of the CompaniesAct, 2013 (18 of 2013), the Central Government hereby makes the following further amendments inSchedule III to the said Act with effect from the date of publication of this notification

constitution of NationalFinancial Reporting Authority

MINISTRY OF CORPORATE AFFAIRSNOTIFICATIONNew Delhi, the 1st October, 2018 S.O. 5099(E).—In exercise of the powers conferred by sub-section (1) of section 132 of the Companies Act,2013 (18 of 2013), the Central Government hereby appoints the 1st October, 2018 as the date of constitution of NationalFinancial Reporting Authority. [F. No. 1/4/2016-CL-I-Part]K. V. R. MURTY, Jt. Secy.

Commencement Notification section 3

MINISTRY OF CORPORATE AFFAIRSNOTIFICATIONNew Delhi, the 24th October, 2018 S.O. 5385(E).—In exercise of the powers conferred by sub-section (3) of section 1 of the CompaniesAct, 2013 (18 of 2013), the Central Government hereby appoints the 24th October, 2018 as the date on whichthe sub-sections (2), (4), (5), (10), (13), (14) and (15) of section 132

Notification section 454 of the Companies Act, 2013 (18 of 2013)

MINISTRY OF CORPORATE AFFAIRSNOTIFICATIONNew Delhi, the 26th October, 2018 S.O. 5459(E).— In exercise of the powers conferred by section 454 of the Companies Act, 2013 (18 of 2013) readwith the Companies (Adjudication of Penalties) Rules, 2014, the Central Government hereby makes the followingamendment in the notification number S.O.831 (E) dated the 24th March, 2015, namely:—in

Notification section 396 of the CompaniesAct, 2013 (18 of 2013)

MINISTRY OF CORPORATE AFFAIRSNOTIFICATIONNew Delhi, the 26th October, 2018 S.O. 5458 (E).— In exercise of the powers conferred by sub-sections (1) and (2) of section 396 of the CompaniesAct, 2013 (18 of 2013) (herein after referred to as the said Act), the Central Government hereby establishes the office ofthe Registrar of Companies cum Official Liquidator

Notification section 396 of theCompanies Act, 2013 (18 of 2013)

MINISTRY OF CORPORATE AFFAIRSNOTIFICATIONNew Delhi, the 26th October, 2018 S.O. 5457 (E).— In exercise of the powers conferred by sub-sections (1) and (2) of section 396 of theCompanies Act, 2013 (18 of 2013) (herein after referred to as the said Act), the Central Government hereby establishesthe office of the Registrar of Companies at Vijayawada, having