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FAQ ON COMPANIES FRESH START SCHEME, 2020 (CFSS-2020) In order to give an opportunity to the defaulting companies to enable them to file the belated documents in the MCA-21 registry, the Central Government in exercise of powers conferred under section 460 read with section 403 of the Companies Act, 2013 has introduced a Scheme namely, Companies Fresh Start Scheme, 2020 (CFSS 2020). The Scheme allows the defaulting companies to condone the delay in filing       Annual return and annual accounts     Various other statements, documents, return etc In so far as it relates to charging of additional fee and granting of immunity from launching of prosecution or proceedings for imposing penalty on account of delay associated with these filings. The scheme also allows the inactive companies to file a simple application with normal fees to get their companies declared as “Dormant Company” under section 455 of the Companies Act, 2013. Q1. Is companies Fresh start
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ACCOUNTING AND COMPLIANCE SERVICE FOR STARTUPS STARTING AT RS. 5000 PER MONTH Monthly Accounting GST Filing TDS Filing PT Filing Contact +91 9742977529 Email: finmatrix.fs@gmail.com
FAQ ON REGISTRATION OF TRUST IN KARNATAKA How to form a Trust'?  a) A trust can be formed as per Section 4 of Indian Trust Act 1982 for a  lawful purpose ;  b) A trust should have a document written (Trust Deed) and signed by trustees or a sole trustee;  c) A trust can be formed through a will also; There is no definite form to create a trust. Objectives of the trust should be clear and unambiguous;  Who can form a Trust? a) A person capable of making contract can form a trust;  b) Trust can be formed on behalf of minor with permission of Civil Court Minimum and Maximum number of Trustees Minimum 2 Trustees are necessary. There is no limit on the maximum number . Educational qualification of Trustees No educational qualification needed to become a Trustee. Age limit Minimum age to become a trustee is 18 years in the case of female and 19 in the case of male. However, an average of 19.5 years is considered in general. Residential status of
FORMATION OF CO-OPERATIVES UNDER KARNATAKA SOUHARDA SAHAKRI ACT, 1997 ·        There should be at least ten persons. ·        These persons should be from different families. ·        These persons should be competent to enter into a contract under the Indian contracts Act 1872. ·        He should reside in the area of operation of the Cooperative. ·        He should be eligible as per the bye-laws of the proposed Cooperative. ·        Any individual, firm, company or any other body corporate can become member of the Cooperative. ·        Any Cooperative registered under this Act (For Union cooperative) or Societies registration Act 1860. ·        The object of the Cooperative should be promotion of economic interests or general welfare of the members or the public, in accordance with the co-operative principles. ·        It should be economically sound, its registration should not affect adversely on the development of the co-operative movement. ·        Its reg

Co-working Space for Startups in India | Founders Cube

BASIC GUIDELINES FOR THE FORMATION OF CO-OPERATIVES UNDER KARNATAKA SOUHARDA SAHAKRI ACT, 1997 ·       There should be at least ten persons. ·       These persons should be from different families. ·       These persons should be competent to enter into a contract under the Indian contracts Act 1872. ·       He should reside in the area of operation of the Cooperative. ·       He should be eligible as per the bye-laws of the proposed Cooperative. ·       Any individual, firm, company or any other body corporate can become member of the Cooperative. ·       Any Cooperative registered under this Act (For Union cooperative) or Societies registration Act 1860. ·       The object of the Cooperative should be promotion of economic interests or general welfare of the members or the public, in accordance with the co-operative principles. ·       It should be economically sound, its registration should not affect adversely on the development of the co-operative movement.

STEP BY STEP GUIDE ON HOW TO FILE GST RETRURN-3B

1.  After login, select Return Dashboard 2. Select Financial Year 2017-18 and Month July. Click Search and Select              GSTR-3B 3.  Declare your liabilities and ITC claims in Section 3.1 and 4 respectively   by clicking on the tiles and furnishing the required information. Transitional ITC cannot be claimed in GSTR3B. It can be claimed only through TRANS 1 and TRANS 2. 4 . Enter details of interest, if payable, in Section 5.1. Late fee will be computed by the system 5. Click on Save GSTR-3B button. After you save the data, Submit button will get enabled. Please note that after submit, no modification is possible. Hence ensure that details are filled correctly before clicking on Submit button. 6. On clicking Submit GSTR-3 Bbutton , System will post (debit) the self –assessed liabilities including system generated late fee in Liability Register and credit the claimed ITC into ITC ledger. 7 After this the Payment of Tax tile will be enabled, please click it and dec