How the Debt Collection Agency Business Works | Debt Recovery Services

How the Debt Collection Agency Business Works How the Debt Collection Agency Business Works- If you’ve been approached for the first time recently by a debt collector, or you’re concerned that a collector will communicate you soon because you’ve fallen behind on your bills, you probably have a lot of questions, and you’re understandably nervous […]

India Entry Strategy | How to Plan India Entry Strategy for your Business

India Entry Strategy India Entry Strategy, With the rollout of the ongoing Union Budget, India has now permitted 100 per cent FDI (foreign direct investment) in single-brand retailing to help fuel the growth opportunities for both foreign retailers as well as the domestic market. The following options may be considered by a foreign business looking […]

Virtual General Counsel | Virtual GC | Best Virtual General Counsel Service

What is a Virtual General Counsel? One of the various effective ways we can support you to reduce expenses is by providing legal advice to virtual general counsel. Our virtual legal advisors also approach and support companies with legal tasks. It helps the business to obtain legal aid without the payroll, and other full-time expenses […]

Received notification from Income Tax Department, check online if it is real or fake

Received notification from Income Tax Department Now you can check if it is real or not received notification from Income Tax Department, check online if it is real or fake – Tax Notice To Be Published With Document ID Figure Starting October 2019 Any notice provided for tax claims by the Income Tax department must be provided with a Document […]

Secretarial Audit under the Companies Act, 2013- Things to Know

Secretarial Audit under the Companies Act, 2013- Things to Know My side has made an attempt to share my knowledge and experience in Secretarial Audit in the form of an article Secretarial Audit under the Companies Act, 2013. The article includes the definition, explanation, applicability, appointment and process, relevant e-forms and other important points under […]

Income Tax | New Guidelines for Compoundable aggression In Income Tax

New Guidelines for Compoundable aggression In Income Tax The Income Tax Act, 1961 specifies legal actions and statutory problems for the taxpayer for defaults made the following regulations. The Income-Tax Act provides detailed guidance on how to handle the punishable–non-punishable, cognizable–non-cognizable, compoundable–non-compoundable crimes and how to impose the sanctions that are responsible for them. This […]

Missed filing Income Tax Returns by deadline of 31 August? Know various options to file

Missed filing Income Tax Returns Missed filing Income Tax Returns by deadline of 31 August? Know various options to file The filing date for the return of income tax is 31 August 2019. From 31 July 2019 to 31  August 2019, the deadline was expanded. Following are the choices remaining to the individual who did not file his income tax returns by the due date and would like to file now. Options Deadline Conditions and Penalty Option 1 File Before 31 December 2019 Penalty Rs 5000/- If Gross Total Income is more than Rs 5 Lakhs, if less than Rs 5 Lakhs penalty is Rs […]

Mandatory Compliance for Private Limited Company in India

Mandatory Compliance for Private Limited Company in India Although the most popular form of starting a business is Private Limited Company, there are different Mandatory Compliance for Private Limited Company that need to be met when the business is incorporated. Managing the business‘ day-to-day activities along with compliance with corporate laws can be low taxation […]

Filing ITR | How to Rectify Mistakes Managed while Filing ITR?

How to Rectify Mistakes Managed while Filing ITR? The last-minute rush improves the likelihood of the most common error/error opportunities when filing ITR on income tax. Sometimes, it may occur when you miss filling out your bank account number, place, inaccurate aadhaar information, filling out a wrong quantity or claiming an incorrect deduction, section, etc. […]

E-Assessment Scheme Notified by Income Tax Department for faceless Scrutiny.

E-Assessment Scheme Notified by Income Tax The notification was issued by the Central Board of Direct Taxation (CBDT) on Septemeber 12, 2019. Individual will be required to respond to the notice or order received through the registered account only. The finance ministry has notified the e–assessment scheme 2019 for conducting faceless scrutiny assessment of income tax returns (ITR) Short title and start.—(1) This […]