MCA Company Name Search: A Step-by-Step Guide to Choosing the Right Business Name
MCA Company Name Search India 2025: Why It’s Crucial for New Company Registration Choosing a company name is one of the first and most critical steps in registering a business in India. The MCA company name search is the official process, offered by the Ministry of Corporate Affairs (MCA), to help you find a unique and legally valid company name before registration. This step minimizes the risk of rejection and potential legal issues, ensuring your business starts on the [...]
ROC Late Fee Calculator India 2025: Calculate Penalties for Delayed Company Filings
ROC Late Fee Calculator in India (2025): How to Compute Penalties for Delayed Filings Maintaining corporate compliance is a fundamental responsibility for companies in India under the Companies Act, 2013. Filing annual returns, financial statements, and statutory documents with the Registrar of Companies (ROC) is mandatory. Any delay in these filings attracts late fees and penalties, which can quickly escalate. The ROC late fee calculator has become an essential tool for directors, compliance officers, and chartered accountants to estimate [...]
Transfer of Rectification Rights to Jurisdictional AO Notification: What Taxpayers Should Know
Transfer of Rectification Rights to Jurisdictional AO for AY 2022-23: What Taxpayers Should Know Recently, several taxpayers have received official communications from the Income Tax Department regarding a significant procedural change: the transfer of rectification rights for Assessment Year (AY) 2022–23 from the Centralized Processing Centre (CPC), Bengaluru to the Jurisdictional Assessing Officer (JAO). This change has raised questions among assessees, particularly those who have filed rectification requests under Section 154 of the Income Tax Act. Here is a [...]
Section 143 of Companies Act 2013: Powers and Duties of Auditors Explained
Section 143 of Companies Act 2013: Powers and Duties of Auditors Explained Audit plays a crucial role in ensuring transparency, accountability, and accuracy in financial reporting. To institutionalize this, Section 143 of the Companies Act, 2013 clearly lays down the powers and duties of company auditors. Whether it's a One Person Company (OPC), Private Limited, Public Limited, or in some cases, an LLP, understanding this section is essential for both company management and practicing professionals. This article provides a [...]
TDS Payment Process: A Step-by-Step Guide to Online TDS Payment and Challans
TDS Payment Process: A Step-by-Step Guide to Online TDS Payment and Challans Tax Deducted at Source (TDS) is a critical part of income tax compliance for individuals and businesses in India. Whether you are deducting TDS on salaries, contractor payments, rent, or professional fees, you must deposit the deducted amount with the government on time. Currently, TDS payment has been moved from NSDL e-Payment Portal to the Income Tax portal itself. This guide will walk you through the entire [...]
Documents Required for Income Tax Notice under Section 142(1)
Income Tax Notice Section 142(1): Documents and Information to Keep Ready The Income Tax Department has been increasingly using Section 142(1) notices to verify income details, deductions claimed, and other disclosures made in income tax returns. If you've received one, don’t panic. This notice is part of the routine assessment process and is essentially a request for more information before finalising your tax assessment. The section empowers the Assessing Officer (AO) to ask for any books of accounts, statements, [...]
