Insights – Page 3 – KDG- Kanu Doshi Group

Restoration of Director’s name in the databank.

The Central Government (CG) has inserted a new sub-rule (5) in the Rule 6 of Companies (Appointment and Qualification of Directors)…

June 23, 2022June 23, 2022 kdg-insightsMCA Update

Technical guide on financial statements of non-corporate entities

The ICAI has issued the ‘Technical Guide on Financial Statements of Non-Corporate Entities’ that prescribes the format for the preparation…

June 16, 2022June 16, 2022 kdg-insights

Sum paid as Bonus or Commission to Employees of a company disallowable u/s. 36(1)(ii) of the Income Tax Act, 1961 if the same is in lieu of Profit or Dividend

Disallowance of Bonus / Commission paid u/s. 36(1)(ii) Download PDF:-

June 14, 2022June 14, 2022 kdg-insightsTAX Update

Extension to LLP for filing various event based forms upto June 30th, 2022

Relaxation of levy of additional fees upto 30th June, 2022 for filing all event based e-forms by LLP Download PDF:-

June 10, 2022June 10, 2022 kdg-insightsMCA Update

May 2022 Macro-Economic Update

India’s May 2022 macro-economic indicators suggest mixed signals with the Indian economy of path of recovery amid prevailing global uncertainties.…

June 7, 2022June 7, 2022 kdg-insightsMacro-Economic Update

Extension to LLP for filing of Form 11 for the Financial Year ended March 31, 2022.

Relaxation on levy of additional fees for annual return filings i.e Form 11 w.r.t financial year ended March 31, 2022. Download PDF:-

May 30, 2022May 30, 2022 kdg-insightsMCA Update

Macro Economic Factors- April 2022

India’s macro-economic indicators suggest a strong economic recovery across the economy, however going forward rising inflationary pressures may put downward…

May 7, 2022May 7, 2022 kdg-insightsMacro-Economic Update

Insertion of Rule 12AC to Income Tax Rules, 1962

Central Board of Direct Taxes (CBDT) has issued Notification No. 48/2022 on 29th April, 2022 through which Central Government has introduced…

May 5, 2022May 5, 2022 kdg-insightsTAX Update

Strict Compliance – regarding Verification/ Clarification of documents related to incorporation of a Company or a LLP by Practicing Professionals.

The Corporate Laws & Corporate Governance Committee, ICAI issued an announcement on 28th April, 2022 stating that the Verification of documents…

April 29, 2022April 29, 2022 kdg-insights

Insertion of Rule 12AB to Income Tax Rules, 1962

Central Board of Direct Taxes (CBDT) has issued Notification No. 37/2022 on 21st April, 2022 through which Central Government has introduced…

April 25, 2022April 25, 2022 kdg-insightsTAX Update

Taxability of Interest on PF contributions effective from FY 2021-22

CBDT has issued Notification No. 95 of 2021 dated August 31, 2021 (‘the Notification’) introducing new Rule 9D of the…

April 21, 2022April 21, 2022 kdg-insightsTAX Update

Taxation of Virtual Digital Asset (VDA) in India

Government of India has introduced a new regime to tax “Virtual Digital Asset” for the taxpayers in the Union Budget…

April 8, 2022April 8, 2022 kdg-insightsTAX Update

Macro Economic Factors- March 2022

India’s Macro- Economic Indicators suggest a strong economic recovery in the economy. Considering the geo-political situation a strong government spending…

April 7, 2022April 7, 2022 kdg-insightsMacro-Economic Update