ICAI: GUIDANCE NOTE TO AUDITORS ON FUNDING DISCLOSURE NORMS The Institute of Chartered Accountants of India (ICAI) has issued a detailed set of instructions to auditors to make sure that the financial statement of companies audit act in accordance with the government’s new investment reporting requirements. The Self regulator of the accounting profession has issued […]
Annual Compliances of LLP leads to provisions and compliances which must be fulfilled by law.It’s important to note that non-compliance with the annual compliances may result in penalties, fines, and even dissolution of the LLP. ANNUAL COMPLIANCES OF LIMITED LIABILITY PARTNERSHIP Limited liability partnership is a form of entity which entails features of a partnership
Reduction in fees for Annual returns LLP can vary depending on the laws and regulations of the specific country and might be subject to change in future. DRASTIC REDUCTION IN ADDITION FEES FOR FILING OF ANNUAL RETURNS OF LLP The Central Government hereby makes the following rules further to amend the Limited Liability Partnership Rules,
MCA NOTIFIES NIDHI AMENDMENT RULES, 2022 Under the Companies Act, 1956, a Nidhi or Mutual Benefit Society meant a company which the Central Government declared as Nidhi or Mutual Benefit Society by notification in the official gazette. Under the Companies Act, 2013, initially there was no need for a company to get declaration from Central
Striking off of LLP is a process in which the LLP is removed from the official record of registered businesses. The LLP will no longer be able to conduct business or enter into legal agreements after it has been struck off. STRIKING OFF OF LLP WITHOUT FILING ANNUAL RETURNS LLP was required to file all
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