For corporate CFOs, enterprise owners, and finance heads preparing for tax audit season, recent statutory updates have shifted how business expenses are claimed. The spotlight during audit reviews centers on Section 43B(h) of the Income Tax Act. This provision links expense deductions directly to timely vendor payments made to Micro and Small Enterprises (MSEs). If […]
Every autumn across India, corporate finance teams run into the exact same wall: annual ROC deadlines. For businesses operating throughout NCR’s commercial hubs—whether in Cyber City or along Sohna Road—keeping statutory records clean isn’t optional. It’s the baseline for staying bankable and open for business. Yet hundreds of companies miss their cutoff dates every year. […]
In awake of Omicron and Covid and the request from various stakeholders all over Ministry of corporate affairs has come up with extension for Filing of Annual Return and Filing of Financial statements up to 28th February 2022 and 15th February 2022 respectively. No additional fees apart from Normal Filing Fees shall be levied if the […]