MGT-14: List of Resolutions and Agreements to be Filled

Sections 94(1) and 117(1) of the Companies Act 2013 and the rules established thereunder require a company to file MGT-14 with the Registrar of Companies (RoC). Private corporations, on the other hand, are immune from filing Board Resolutions. For subjects mentioned in section 179(3) of the Firms Act 2013 read with rule 8 of the […]

By |2021-12-07T10:36:00+05:30December 9th, 2021|Company Articles|

Section 68 : Unexplained Cash Credit

Section 68 deals with unexplained cash credit. According to section 68 of the Income Tax Act of 1961, if any sum is found credited in an assessee’s books of accounts for any previous year, and the assessee could not provide any explanation about the source and nature of the sum, or the explanation offered by him […]

By |2021-11-11T06:39:36+05:30October 17th, 2021|Business|
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