Expert Blogs
8+ practical guides on income tax, GST, audit, corporate law & CA careers
Board Resolutions & Minutes: Secretarial Basics for CAs
TL;DR for CAs - Minutes must be entered within prescribed timelines. - Resolutions should match agenda and notice. - SS-1 secretarial standards apply to board meetings. What it…
Company Strike Off vs Winding Up: When to Use Which
TL;DR for CAs - Strike off is for defunct companies with limited assets/liabilities. - Winding up suits complex creditor/asset situations. - Tax and GST closure must be sequenced…
Section 188 Related Party Transactions: Approval Matrix
TL;DR for CAs - Board/shareholder approvals depend on transaction type and thresholds. - Audit committee omnibus approvals help listed companies. - Arm's length and ordinary…
LLP vs Private Limited: Choosing the Right Structure
TL;DR for CAs - Pvt Ltd suits fundraising and ESOP culture. - LLP offers flexible ownership with lighter some compliances. - Tax, FDI, and exit plans should drive the choice.…
CSR Compliance under Section 135: CA Advisory Notes
TL;DR for CAs - CSR applies when net worth/turnover/profit thresholds are met. - Unspent amounts have ongoing/ongoing project rules. - Board report disclosures are scrutinised.…
Section 185 Loans to Directors: Compliance Boundaries
TL;DR for CAs - Loans/guarantees to directors are heavily restricted. - Exceptions exist for MD/WTD under conditions. - Violations attract penalties and governance risk. What it…
Director KYC (DIR-3 KYC): Avoid DIN Deactivation
TL;DR for CAs - Every DIN holder must complete KYC yearly as notified. - OTP on email/mobile is mandatory. - Deactivated DIN blocks many MCA filings. What it is DIR-3 KYC /…
ROC Annual Filing Checklist: AOC-4 & MGT-7
TL;DR for CAs - AOC-4 covers financial statements; MGT-7/MGT-7A covers annual return. - AGM timing drives filing due dates. - Additional fees escalate quickly—calendar discipline…