May 2024

Section 63 – THE PATENTS ACT, 1970

Surrender of patents (1) A patentee may, at any time by giving notice in the prescribedmanner to the Controller, offer to surrender his patent.(2) Where such an offer is made, the Controller shall publish the offer in the prescribedmanner, and also notify every person other than the patentee whose name appears in theregister as having […]

Provision under Set Off and Carry Forward of Losses and their principle

Profits and losses are integral parts of any business. Set off and carry forward of losses is a way provided under income tax which taxpayers can use to reduce their taxable income. As the financial year 2023-24 approaches, understanding the regulations of set-off and carry forward of losses can help make well-informed financial decisions. Delve

Corporation Bank Current Account

Corporation Bank was established more than a century ago in Udupi. The bank was nationalised in 1980 and now the bank has branches all over the country. The bank was established as a way of inculcating the habit of saving among the Indian public and has now branched out greatly in terms of the services

Difference between NPO and NGO

NGO (Non-Government Organization) or NPO (Non- Profit Organization) is an organization formed under Section 8 of the Companies Act, 2013 to achieve a specific set of objectives as defined under the Act. These types of companies are formed with the objective of working towards the public development of society at large. This blog will help you

Forms under Companies Act, 2013

The Companies Act of 2013 is the law that governs each and everything regarding corporate entities. Corporate entities include one-person companies, private limited companies, subsidiary companies, holding companies, government companies, banking companies, public limited companies, limited liability partnership firms, etc. For every operation and management of these companies, a procedure has been prescribed under the Companies Act.

License of food business

Starting a food business in India can be an exciting venture, but it comes with its share of responsibilities, including obtaining the necessary licenses and permits. Navigating the licensing process might seem daunting, but with a step-by-step guide, you can ensure compliance with the regulations while setting up your food business. As per Section 31(1)

Tax deduction and collection account number

PAN stands for Permanent Account Number, and TAN stands for Tax Deduction and Collection Account Number. PAN is a unique 10-digit alphanumeric number that is allotted to individuals, companies, and other entities by the Income Tax Department of India. In contrast, TAN is a 10-digit alphanumeric number allotted to persons who are required to deduct