How many company secretary can a company have A company can have multiple company secretaries as per its requirements and the size of the organization. The appointment of company secretaries is based on the company’s needs and compliance obligations. Here are some key points regarding the number of company secretaries a company can have: 1.Minimum… Read More »
Company Secretarial Practice Company secretarial practice refers to the profession and field of work that involves providing support and expertise in matters related to corporate governance, legal compliance, and secretarial functions within a company. It encompasses a wide range of responsibilities and activities performed by company secretaries to ensure the smooth functioning of the… Read More »
Income Tax Act 1961 Section 195 of the Income Tax Act, 1961 is a crucial provision for the taxation of non-residents in India. It focuses on the tax implications of payments made to non-residents, ensuring that taxes are deduct at source (TDS) on specific types of income earn by non-residents from an Indian… Read More »
Introduction The Income Tax Act, 1961, governs taxation laws in India and includes various provisions for computing capital gains tax. Two crucial sections related to long-term capital gains (LTCG) are Section 112 and Section 112A. While both sections pertain to taxation on LTCG, they have different applicability, benefits, and limitations. Understanding their distinctions helps taxpayers… Read More »
What Are the Implications of Non-Registration with GST? Introduction Goods and Services Tax (GST) is a comprehensive tax levied on the supply of goods and services in many countries, including India. It is mandatory for businesses that meet the prescribed turnover threshold to register under GST. Non-registration can have serious legal, financial, and operational consequences.… Read More »