MCA amends Form AOC-5 of notice of address where books of account maintained. Inside office photo showing at least one director/KMP required
Form AOC-5 of notice of address at which books of account are to be maintained has been revised by MCA by notifying the Companies (Accounts) Amendment Rules, 2023 which has amended the Companies (Accounts) Rules, 2014.
The revised Form AOC-5 seeks more disclosures particularly now apart from photograph of registered office showing external building, a photograph of inside office showing at least one director / KMP who affixes his /her digital signature to the form AOC-5.
This is in addition to Proof of address (Conveyance /Lease deed / Rent Agreement etc. along with the rent receipts) along with standard NOC in case of Leased or rented property and copies of the utility bills (not older than two month.
It can never be the object of assessment proceedings to find an empirically, absolutely correct solution on every fact issue…
Penalty u/s 270A deleted as assesse filed revised computation during scrutiny correcting the mistake which was noticed only after the…
Penalty u/s 271B for unfilled column 40 in Form 3CD related to details regarding turnover, gross profit etc. for previous…
Merely rectifying computation without amending assessment order without notice to assessee does not nullify the entire assessment - ITAT In…
Once assessee discharges primary onus of providing basic documents in support of the identity, genuineness and the creditworthiness it shifts…
CBDT has notified Cost Inflation Index for Financial Year / Tax Year 2026-27 CBDT has notified "384" as Cost Inflation…