Tag: Company Law

Company Law Articles, Video, PPT, Discussion, Expert Analysis

Managerial Remuneration {Incorporating provisions of Companies (Amendment) Act, 2020 effective from 18/03/2021}

Posted on by Business So Simple in Company Law

Dear Friends,

Please find below YouTube link of video on 💠💠💠💠 Managerial Remuneration {Incorporating provisions of Companies (Amendment) Act, 2020 effective from 18/03/2021}

🎯 Remuneration To Managerial Personnel – In case of Adequate profit

🎯 Remuneration To Managerial Personnel or or other director- in case of Inadequate profit

🎯 Remuneration To Managerial Personnel or or other director- in case of Inadequate profit-Special cases

🎯 Companies (Amendment) Act, 2020 effective from 18/03/2021

Regards,
Bipul Kumar

Latest updates & video series on Company Law, Income Tax, GST & Financial awareness-April 2021

Posted on by Business So Simple in Company Law, Financial Prudence, GST, Income Tax, News Desk, Succession Planning

Dear Friends,

Please find below link of latest updates & video series on Company Law, Income Tax, GST & Financial awareness

🎯 Company Law

MCA defers Audit Trail Provisions by 1 year w.e.f. 01st April 2022 https://youtu.be/tSUMiQh9oNA

Presentation of Financial Statements w.e.f. 01st April 2021 (After incorporating Schedule III of Companies Act 2013 amendments )
https://www.youtube.com/watch?v=kExSlqi14os

Audit Trail, Reporting in Auditors Report, Schedule III amendments https://www.youtube.com/watch?v=mxUhhUs0ILo

Limited Liability Partnership(LLP)-is suitable form of business ? Let’s analyze
https://youtu.be/_06iCBKsDc8

One Person Company-is suitable form of business ? let’s analyze (एक व्यक्ति कंपनी)

https://youtu.be/lNxclckEyJo

🎯 Income Tax

Reduce Capital Gains Tax Liability for the Year II कैपिटल गेन टैक्स प्लानिंग II
https://youtu.be/1kuDvQ4wJSM

Deductions on Interest income https://youtu.be/pP_ZI7ztIlM

Tax benefits on job creation(Employ more-save more) (Deduction u/s 80JJAA)
https://youtu.be/sfvj8x9J1zc

Deductions for House Rent u/s 80GG of Income Tax Act 1962
https://youtu.be/Dj-5I2gkljI

Political Funding https://www.youtube.com/watch?v=iklwX0k_XY0&t=312s

Tax Planning series 6: Deductions in respect of Donations u/s 80G of Income Tax Act 1961
https://youtu.be/G9NQPFEiEmA

Trusts & NGOs: Changes in Tax provisions for FY 2021-22 or subsequent years
https://youtu.be/4rOzcjMceE0

One Person Company-Is it tax beneficial?
https://youtu.be/lNxclckEyJo

Tax Planning Series 5: Deductions on certain interest expenses (Section 80E, 80EE/80EEA, 80EEB)
https://youtu.be/pP_ZI7ztIlM

Tax Planning series 4: Tax benefits on Medical Deductions (u/s 80D, 80DD, 80DDB, 80U)
https://youtu.be/YwvNjWXHMh0

Tax Planning Series 3: Deductions more than 2 lakhs u/s 80CCD (NPS, APY)
https://youtu.be/mS2qJLubeOk

Tax Planning Series 2: Deductions u/s 80C(Max. 1.5 Lakh)
https://youtu.be/vbVOVDR-Uew

Tax Planning Series 1: Deductions under Chapter VI A
https://youtu.be/g63SVwE4zfY

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🎯 GST

Do this before filing GSTR-1(Q) return for Jan 21 to March 21 under QRMP Scheme
https://youtu.be/I50h2PdvxHw

CBIC notification dated 30th March 2021-B2C QR Code compliance exemption extended till 30th June 2021.
https://youtu.be/qmKBVnDuS7A

Mandatory e- invoicing for B 2B transactions for Taxpayers having turnover over Rs. 50 Cr. From April 1, 2021.
Notification dated 08th March 2021

https://youtu.be/WZgf0GklJ70

🎯 Financial awareness

Partition of Property II संपत्ति का बंटवारा (कानूनी प्रावधान) II
https://youtu.be/IaQ03qcRWDg

ELSS is best option to create wealth https://youtu.be/RgOFI0tJs6c

How to improve CIBIL score to get loans quickly https://youtu.be/SpiU_N9CYhQ

How many years your money will be double, triple & four times https://youtu.be/samgAJoMlN8

🎯 Compliance list under Income Tax, GST & Corporate Laws for the month of April 2021
https://youtu.be/LkSA75PsCQ4

Please also suggest for improvement.

Regards,
Bipul Kumar🙏🙏🙏

MCA defers Audit Trail Provisions by 1 year w.e.f. 01st April 2022

Posted on by Business So Simple in Company Law

Dear Friends,

Please refer YouTube link of latest changes in Audit Trail Applicability provisions & its impact.
🎯 MCA defers Audit Trail Provisions by 1 year w.e.f. 01st April 2022
(i) Using of Accounting software with Audit Trail features
(ii) Auditor’s report on Audit Trail

🎯 Impact of changes in Company (Accounts) Second amendment Rules, 2021, Companies (Audit and Auditors) Second Amendment Rules, 2021 (MCA Notifications dated 01st April 2021)

Regards,
Bipul Kumar

Presentation of Financial Statements w.e.f. 01st April 2021 (After incorporating Schedule III of Companies Act 2013 amendments )

Posted on by Business So Simple in Company Law

Dear Friends,

Please find below YouTube link of video on Presentation of Financial Statements w.e.f. 01st April 2021 (After incorporating Schedule III of Companies Act 2013 amendments )

Topic cover:

🎯 Legal provision-Section 129 of Companies Act 2013

🎯 SCHEDULE III: Division IFinancial Statements for a company whose Financial Statements are required to comply with the Companies (Accounting Standards) Rules, 2006.

🎯SCHEDULE III, Division IIFinancial Statements for a company whose financial statements are drawn up in compliance of the Companies (Indian Accounting Standards) Rules, 2015.

🎯 SCHEDULE III, Division IIIFinancial Statements for a Non-Banking Financial Company (NBFC) whose financial statements are drawn up in compliance of the Companies (Indian Accounting Standards) Rules, 2015

Regards
Bipul Kumar

One Person Company-is suitable form of business ? let’s analyze

Posted on by Business So Simple in Company Law

Dear Friends,

Please find below YouTube link of video with PPT One Person Company-is suitable form of business ? let’s analyze (एक व्यक्ति कंपनी)

🎯 Misconceptions about OPC
🎯 Is it tax beneficial?
🎯 Is it less compliance ?
🎯 Attractive Features of OPC
🎯 Is any cap on Paid up capital/Turnover ?
🎯 Business structuring, Exit route in OPC
🎯 Director, Nominee in OPC
🎯 We should know about OPC

Regards
Bipul Kumar