Menu

WELCOME TO FUNDSCOOP ADVISORS

9330560978, info@fundscoop.in

Fundscoop Blogs

What Is Udyog Aadhar?

The question that attracts every entrepreneurs attention is “what is Udyog Aadhar?”. Udyog Aadhar is the government registration of any business entity for a 12 Digit unique number along with a recognition certificate in order to certify small/medium businesses or enterprises after complying wit…

Read more

Registration of Foreign Companies

Companies (Registration of Foreign Companies) Rules, 2014 prescribes guidelines to be followed for the registration of a foreign company.

Every foreign company shall, within thirty days of the establishment of its place of business in India, in addition to the particulars specified in the sub…

Read more

Comparison between Real Estate (Regulation and Development) Act, 2016 RERA) and West Bengal Housing Industry Regulation Act, 2017 (WB HIRA)

 

Abstract: Earlier there was no law specifically guiding the Real Estate Industry in India, which resulted to some discrepancies in respect to both the consumer body and the Industry body.

Thereafter, RERA, 2016 was enacted nationwide.

The essential goal of RERA is making a straightforwar…

Read more

IMPACT OF GST ON IT SECTOR

INTRODUCTION: The erstwhile VAT/Service Tax regime in India was cumberome due to multiple taxes, innumerable compliance obligations and tax cascading effect. Under the GST regime, it is quite simpler especially for IT sector.

TAX RATES UNDER VAT/EXCISE/SERVICE TAX: Under the erstwhile tax regime…

Read more

Sale of Flat in URBANA - Income Tax matters

Presently, URBANA is the tallest residential complex ever built in Kolkata and in the entire Eastern India. Currently, it has five towers of 45 storeys and two towers of 40 storeys. Eco-friendliness is the key feature of the complex, making it the city’s first green residential area. With its ow…

Read more

Things to remember for rights issue - Shortest note

FURTHER ISSUE OF SHARES- RIGHT ISSUE


What is Right Issue

A Right issue is an invitation to existing members to purchase additional shares of the Company.The shares are offered in proportion of their existing shareholding through letter of offer.The Company sets the time limit for the shareho…

Read more

TCS on GST

Greetings from Fundscoop Advisors!!

We must be aware that the Government has issued a Notification No 51/2018 CGST dated September 13, 2018, thereby enforcing the provisions under Section 52 of the Central Goods and Services Tax Act, 2017 (CGST Act') related to tax collection at source ('TCS'…

Read more

Claiming TDS for Income under clubbing provisions

Claiming TDS under rule 37BA

Assessment Year 2018-19 has brought up new ITR forms with some major changes which were the pressing need of the hour. One of them is claiming TDS by the assessee other than the deductee himself.

According to rule 37 BA(2), income on which tax has been deducte…

Read more

Notice by the registrar for removal of the name of the company from the register of the companies

Section 248 gives power to the registrar to remove name of a company from register of Companies.

If you have incorporated a company but have not done any business or not filed the annual returns for the preceding two years then you may get this letter from ROC. Generally they give 2 such reminde…

Read more

Deduction under section 80TTA | Applicability for Residents and Non-Resident Indian (NRI)

About: Section 80TTA provides deduction on interest income from savings bank account to individuals and HUF.

Deduction u/s 80TTA: Any individual, being a resident or a Non-Resident Indian (NRI) or a Hindu Undivided Family (HUF) having interest income on deposits in savings bank account in India …

Read more

View older posts »

Blog Search

Archive by Categories