Author: Sukhwinder Singh

Next Version of MCA21

Workshop: Industry consultation workshop with potential bidders (System Integrators and OEMs) The objective of the Workshop: Ideation with potential bidders of the next generation of the MCA21 application on: Better enforcement, with increased efficiency, through the use of innovative solutions. Application of new/emerging technology for better service delivery. Robust engagement model for the next Implementation Agency. Target participants: Reputed System Integrators (SIs) and OEMs who are working or looking to work on large e-Governance projects. Guidelines for participants: Only one registration per organization shall be entertained. Only two people are allowed by each organization. Participants are requested to acquaint themselves with the MCA21 system and come up with objective recommendations. Registration for the Workshop Interested participants should register their interest in participating in the workshop before 11.59 PM on 19/10/2018. The requests can be emailed to Exact schedule and location of the workshop shall be communicated to the registered organizations...

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Unique Document Identification Number (UDIN) – ICAI

It has been noticed that financial documents/ certificates attested by third person misrepresenting themselves as CA Members are misleading the Authorities and stakeholder. ICAI is also receiving number of complaints of forged signatures. To curb the malpractices, the Professional Development Committee of ICAI has implemented an innovative concept of UDIN i.e. Unique Document Identification Number to secure the certificates/documents attested/certified by practicing Chartered Accountants which will be made mandatory with effect from 1st January, 2019. Full-time Practicing CAs can register them by visiting at and generate UDIN by registering the certificates/documents attested/certified by them. To generate UDIN, Members are required to...

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Change in process of Incorporation of LLPs

Ministry of Corporate Affairs vide LLP (Second Amendment) Rules, 2018 dated 18.09.2018 brought manifolds changes in the process of incorporating LLP. 1. New form RUN-LLP Reserve Unique Name-Limited Liability Partnership (RUN-LLP).Form 1 has been replaced with RUN-LLP, where an application for reserving the name of LLP has to be made  2. New form FiLLip Now for registering LLPs, form FiLLip is to be filed. Form 2 has been replaced by form FiLLip. 3. Name application For registering LLP, the name can be reserved in advance by using form RUN-LLP or the name can be applied simultaneously with the application...

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GSTR 9 & 9A – Annual Return

What is GSTR 9 & GSTR 9A  GSTR 9 is an annual return to be filed once in a year by the registered taxpayers under GST and composition taxpayers required to file GSTR9A. It consists of details regarding the supplies made and received during the year under different tax heads i.e. CGST, SGST, and IGST. It consolidates the information furnished in the monthly/quarterly returns during the year. Due Date   GSTR-9 shall be filed on or before 31st December of the subsequent fiscal year. For instance, for FY 2017-18, the due date for filing GSTR 9 is 31-12-2018. Late Fees Late...

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RBI cancels Certificate of Registration of 30 NBFCs

The Reserve Bank of India, in the exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has cancelled the Certificate of Registration of the following companies. Sr. No. Name of the Company Office Address CoR No. Issued On Cancellation Order Date 1. NIF Financiers Limited A-61, Flat No-1, Ground Floor, Gali No. 4, Madhu Vihar, Near Dilli Gate, New Delhi-110 092 B-06.00350 September 25, 2000 July 12, 2018 2. Corpus Polychem Ltd. 30, J L Nehru Road, Park Street, Kolkata-700 016, West Bengal 05.00675 March 06, 1998 June 28, 2018...

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