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 […]
For corporate leadership, finance directors, and compliance managers running enterprises across India’s major commercial corridors—from DLF Cyber City to Golf Course Road and Udyog Vihar—the landscape of secretarial compliance has shifted permanently under the Ministry of Corporate Affairs’ MCA V3 system. Gone are the days when filing errors or delayed submissions could sit in administrative […]
Navigating annual financial verification in India often leaves business owners asking a fundamental question: if our company already completes an annual statutory audit, why do we need a separate tax audit? For founders, enterprise CFOs, and finance teams operating across key commercial hubs like Cyber City, Golf Course Extension, and Udyog Vihar, understanding this distinction […]
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. […]
The Ministry of Corporate Affairs (MCA), taking into account the many difficulties faced due to second wave of Covid-19 and consequent lockdowns in the country extended the due date for conducting the Annual General Meeting (AGM) by the companies. As per Section 96 of the companies Act, 2013 every company should hold at least one […]