Section 155 – THE PATENTS ACT, 1970

Reports of Controller to be placed before Parliament The Central Government shallcause to be placed before both Houses of Parliament once a year a report respecting theexecution of this Act by or under the Controller Practice area’s of B K Goyal & Co LLP Income Tax Return Filing | Income Tax Appeal | Income Tax […]

How can a company take Loan from directors and relatives and shareholders?

Funds borrowed from people who are either a part of the firm or have a personal connection to the directors are loans from directors, shareholders, and relatives of the directors.  When a business is unable to secure finance from conventional sources like banks or financial organizations, these loans can help. Businesses in India may borrow

House Rent Allowance (HRA) Calculation

House Rent Allowance or HRA forms a salary component of most of the salaried individuals. For those living in rented accommodation it can help them save tax. Are you wondering how you can save tax through HRA deduction?  House rent allowance (HRA) is one of the important components of your salary. All employers have to

Difference between TIN, TAN, VAT, PAN, DSC and DIN

A person must comprehend the fundamental differences between the TIN, TAN, PAT, DIN, DSC, and VAT before starting a firm. These three-letter terms are extremely important for any business owner to grasp since they will aid in understanding the compliance requirements when starting a business and engaging in any financial activity with the intent of

Employee Provident Fund (EPF)

The Employees’ Provident Fund or EPF is a popular savings scheme that has been introduced by the EPFO under the supervision of the Government of India. The employee and employer each contribute 12% of the employee’s basic salary and dearness allowance towards EPF. The current rate of interest on EPF deposits is 8.15% p.a. The

IGST – Integrated Tax under GST

IGST full form translates to Integrated Goods and Services Tax. IGST is one of the three components of Goods and Services Tax. IGS tax is levied when there is an inter-state transfer of goods and services. The three components of GST are:- CGST: Central Goods and Services Tax SGST: State Goods and Services Tax IGST: Integrated Goods and

Section 154 – THE PATENTS ACT, 1970

Loss or destruction of patents If a patent is lost or destroyed, or its non-production isaccounted for to the satisfaction of the Controller, the Controller may at any time, onapplication made in the prescribed manner and on payment of the prescribed fee, causea duplicate thereof to be sealed and delivered to the applicant. Practice area’s

Section 153 – THE PATENTS ACT, 1970

Information relating to patents A person making a request to the Controller in theprescribed manner for information relating to any such matters as may be prescribed asrespects any patent specified in the request or as respects any application for a patent sospecified shall be entitled, subject to the payment of the prescribed fee, to haveinformation

Section 152 – THE PATENTS ACT, 1970

Transmission of copies of specifications, etc., and inspection thereof. [Omitted bythe Patents (Amendment) Act, 2005] Practice area’s of B K Goyal & Co LLP Income Tax Return Filing | Income Tax Appeal | Income Tax Notice | GST Registration | GST Return Filing | FSSAI Registration | Company Registration | Company Audit | Company Annual

Section 151 – THE PATENTS ACT, 1970

Transmission of orders of courts to Controller (1) Every order of the High Court or theAppellate Board on a petition for revocation, including orders granting certificates ofvalidity of any claim, shall be transmitted by the High Court or the Appellate Board to theController who shall cause an entry thereof and reference thereto to be made