ICAI issues revised Frequently Asked Questions on the Companies Act, 2013
The Corporate Laws & Corporate Governance Committee (CL&CGC) of the Institute of Chartered Accountants of India (ICAI) has released the revised publication “Frequently Asked Questions on the Companies Act, 2013”. The last publication was issued in 2016 and since then a number of amendments have taken place, including notification of the Companies (Amendment) Act, 2017, making major amendments.
Consequent to the amendments, the revision of the publication was the need of the time. The said publication, “Frequently Asked Questions on the Companies Act, 2013” is in a question and answer format which comprehensively covers issues to assist our chartered accountants and other stakeholders on various aspects of Companies Act, 2013.
The publication consists of 174 FAQs under the following 12 broad headings:
It also contains a list of Sections of Companies Act 2013 that has been notified and enforced by the Ministry of Corporate Affairs as on 31st March, 2019
Updated list of banks authorised by Reserve Bank of India to import only gold for FY 2025-26 with effect from…
Under percentage completion method, selling/Admin costs are allowable despite no revenue declared as per guidance note of ICAI. In a…
AO cannot use reverse computation of gross payment using TDS amount to determine the amount disallowable u/s 40(a)(ia) - ITAT…
Once loans were repaid in subsequent assessment years with cogent evidences then the addition u/s 68 of the Income Tax…
Viksit Bharat Guarantee for Rozgar & Ajeevika Mission (Gramin), In short VB-GRAM-G notified Government has notified Viksit Bharat Guarantee for…
Once PCIT restores assessment to AO for denovo consideration, AO is obliged to independently apply mind without influenced by the…