Valuating a Private Company and Start-ups is an important factor in the life of a company.

Under the Income Tax Act, there are certain transactions (often referred to as ‘Extraordinary Transactions’ in which the seller is required to collect a stipulated percentage of tax from his buyers.

  HR Compliance Audit: Model Process A company can conduct an HR compliance audit through the six steps described below:  Identifying the scope of the audit:  The audit team should identify the underlying goals for conducting an audit.

 University Level Institutions refer to the institutions that have the power to award degrees to students under the Act of Parliament or State Legislature. 2.

The person under this ration card is eligible for 10kg rice every month- at zero cost.

SSO ID- ONLINE REGISTRATION If you are a person based out of Rajasthan, you can apply yourself at the SSO Portal online by following these simple steps:- 1.

A company can only give bonus shares to its existing shareholders.

Fewer Formalities during Formation: Since one person essentially runs a sole proprietorship business at the top, they do not need to enter into contracts or agreements with different people deciding the terms on which the business would be functioning in the future.

Step 1: Submission of Affidavit: The affidavit having the following details must be signed by the applicant and attested by a Notary/Judicial Magistrate/ Oaths Commissioner: Applicant’s Full name  In the case of married women, mention father’s/ husband’s name  Complete residential address A declaration of the facts provided in the affidavit is true and correct Step 2: Publication of Advertisement:  After Notarizing the affidavit, the applicant needs to publish the name change in two (02) local newspapers.

The concept of Representative Assessee is provided in the Income Tax Act.