Monthly Archives - September 2021

ITR 7 Form – FY 2020-21 / AY 2021-22

ITR 7 Form – FY 2020-21 / AY 2021-22 ITR-7 form is to be used when the tax assessee is a Trust, filing as a Company, Firm, Local authority,...


Posted By Comments: Comments Off 0Post Date: September 24, 2021

ITR 6 – FY 2020-21 / AY 2021-22

ITR 6 – FY 2020-21 / AY 2021-22 A Company uses this Income Tax Return (ITR) 6 as per section 2(17) of the Income Tax Act; this form is...


Posted By Comments: Comments Off 0Post Date: September 24, 2021

ITR 5 Form – FY 2020-21 / AY 2021-22

ITR 5 Form – FY 2020-21 / AY 2021-22 This Income Tax return is meant for firms, LLPs, AOPs (Association of persons) and BOI’s (Body of Individuals), Artificial Juridical...


Posted By Comments: Comments Off 0Post Date: September 24, 2021

ITR 4 Form – FY 2020-21 / AY 2021-22

ITR 4 Form – FY 2020-21 / AY 2021-22 ITR 4 Form is the Income Tax Return form for the taxpayers who opt for a presumptive income scheme under...


Posted By Comments: Comments Off 0Post Date: September 24, 2021

ITR 3 Form – FY 2020-21 / AY 2021-22

ITR 3 Form – FY 2020-21 / AY 2021-22 The ITR 3 is applicable for individuals and HUF who have income from profits and gains from Businesses or professions....


Posted By Comments: Comments Off 0Post Date: September 24, 2021

ITR 2 – FY 2020-21 / AY 2021-22

ITR 2 – FY 2020-21 / AY 2021-22 The income tax department has designed various ITR forms depending on multiple criteria. Taxpayers have to choose the proper ITR forms...


Posted By Comments: Comments Off 0Post Date: September 24, 2021

ITR 1 Sahaj – FY 2020-21 / AY 2021-22

ITR 1 Sahaj - FY 2020-21 / AY 2021-22 The Income Tax Department has designed various ITR forms depending on multiple criteria. Taxpayers have to choose the proper ITR...


Posted By Comments: Comments Off 0Post Date: September 24, 2021

Managerial Remuneration Schedule V Companies Act 2013

Articles discuss Managerial Remuneration Schedule V Companies Act 2013. SCHEDULE V (See sections 196 and 197)  PART I – APPOINTMENTS CONDITIONS TO BE FULFILLED FOR THE APPOINTMENT OF A MANAGING OR WHOLE-TIME DIRECTOR...


Posted By Comments: 0 0Post Date: September 17, 2021

Code for Independent Directors – Schedule IV Companies Act 2013

Articles discuss Code for Independent Directors – Schedule IV Companies Act 2013. SCHEDULE IV [See section 149(8)] CODE FOR INDEPENDENT DIRECTORS The Code is a guide to professional conduct for independent directors....


Posted By Comments: Comments Off 0Post Date: September 17, 2021

Consolidated Financial Statements – Schedule III Companies Act 2013

Articles discuss Consolidated Financial Statements – Schedule III Companies Act 2013, GENERAL INSTRUCTIONS FOR THE PREPARATION OF CONSOLIDATED FINANCIAL STATEMENTS Where a company is required to prepare Consolidated Financial Statements, i.e.,...


Posted By Comments: Comments Off 0Post Date: September 17, 2021