How to check annual filing status of the Company or LLP at MCA Portal

Hello everyone,

Hope all of you enjoying our updates. Today I would like to guild you about “How to check annual filing status of the company at ministry of corporate affairs website.  The term annual filing means statutory filing of the company as per companies act 2013.

downloadAs a part of Annual Filing, Companies incorporated under the Companies Act 1956 or Companies Act 2013, are required to file the following E-Forms with the Registrar of Companies (ROC):-

Form 23AC : For filing Balance Sheet (applicable to all Companies other than select class of Companies)

Form 23ACA : For filing Profit & Loss Account (applicable to all Companies other than select class of Companies)

Form 23AC-XBRL : For filing Balance Sheet in XBRL format (applicable to select class of Companies)

Form 23ACA-XBRL : For filing Profit & Loss Account (applicable to select class of Companies)

Form 20B : For filing Annual Return by Companies having share capital

Form 66 : For filing Compliance Certificate by Companies having paid up capital of Rs. 10 lakh – Rs. 2 crore

Form 21 A : For filing Annual Return by Companies not having share capital

Form AOC-4 : For filing financial statement and other documents (For FY start on or after 01.04.2014)

Form AOC4-CFS : Form for filing statement containing salient features of consolidated financial statement of a group (For FY start on or after 01.04.2014)

Form AOC4-XBRL : For filing XBRL document in respect of financial statement and other documents (For FY start on or after 01.04.2014)

Form MGT-7 : Form for filing Annual Return by Companies having share capital (For FY ending on or after 01.04.2014)

Navigation – (WWW.MCA.GOV.IN) Home MCA Services > E-Filing > Check Annual E-Filing Status

Click here to open link directly

Bitcoin

A type of digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds, operating independently of a central bank.

History of Bitcoin – According to legend, Satoshi Nakamoto began working on the Bitcoin concept in 2007. While he is on record as living in Japan, it is speculated that Nakamoto may be a collective pseudonym for more than one person. On 22 May 2010, Laszlo Hanyecz made the first real-world transaction by buying two pizzas in Jacksonville, Florida for 10,000 BTC. In five days, the price grew 1000%, rising from $0.008 to $0.08 for 1 bitcoin. top of a price rally, during which the value was growing by 5-10% daily.

August 2008

Three individuals, Neal Kin, Vladimir Oksman, and Charles Bry file an application for an encryption patent application. All three individuals deny having any connection to Satoshi Nakamoto, the alleged originator of the Bitcoin concept. The three also register the site Bitcoin.org in the same month, over on anonymousspeech.com – which allows people to buy domain names anonymously.

BitcoinBitcoin trading at over Rs 2 lakh in India as global prices cross $2,500

A surge in demand has seen a price rally in crypto-currencies worldwide, with buying led by investors in the US, China, Japan, Korea and even India. The average bitcoin price is around $2,670, about 155 per cent more than at the beginning of the year. In India, it went up to trade at Rs 2.26 lakh at the time of writing this report.
With supply lagging, the India price is at a 20 per cent premium to the global one; the South Korean market is at a 35 per cent premium, at $3,800. The US Bitstamp index is quoting at a $100 premium to the Chinese market. In India, one exchange has had to issue a cautionary note to investors; another is facing a system slowdown.
Zebpay, the largest exchange here, with a little over half a million investors, tweeted: “Bitcoin prices are very volatile now. Please use caution while investing. This is a new technology innovation on a global platform but at an early stage. Your investment should match your knowledge (about the bitcoin).”

E-Companies Act, 2013 – Absolutely Free

83Hello everyone, Trust all of you enjoying our updates. Today I would like to share a link which is provided by Ministry of Corporate Affairs (MCA). Now MCA provide E-Companies Act, 2013 absolutely free for all stakeholders. It means no need to buy paid software’s to access companies act. Brief details regarding this link are below:-

  • Full updated version with chapter vise section details.
  • Search option (By Section or Content)
  • Companies Rule
  • Effective Dates
  • Latest Notification/Circulars
  • Easy access without login of any account

Click here to open E-Companies Act, 2013

Click here to open Companies Rules

Click here to open effective date of sections

Click here to open Notifications / Circulars

 

 

Paytm Is Now Payments Bank – RBI

Image result for paytm bankAs per RBI press release (Press Release : 2016-2017/3148) Paytm is payment bank now.

Interest rate

The newly launched Paytm Payments Bank is offering 4% interest rate on savings account. Its competitor Airtel Payments Bank is giving 7.25% interest on deposits in savings accounts, while India Post Payments Bank is providing 5.5% interest on deposits depending on the amount.

Paytm Payments Bank’s interest rate is in line with all the large commercial banks, including State Bank of India, Bank of Baroda and ICICI Bank Ltd, which continue to offer 4% interest rate on savings account deposits. Some of the smaller banks, including Yes Bank Ltd and RBL Bank Ltd, offer 5.5-7.1% interest rate on savings accounts, depending on the deposit amount.

India Post Payments Bank is offering three kinds of accounts: one regular and two basic savings bank deposit accounts.

Date : May 23, 2017
Paytm Payments Bank Limited commences operations

Paytm Payments Bank Limited has commenced operations as a payments bank with effect from May 23, 2017. The Reserve Bank has issued a licence to the bank under Section 22 (1) of the Banking Regulation Act, 1949 to carry on the business of payments bank in India.

Shri Vijay Shekhar Sharma was one of the 11 applicants who was issued in-principle approval for setting up a payments bank, as announced in the press release on August 19, 2015.

Alpana Killawala
Principal Adviser

Download E-Admit Cards (June 2017 SESSION) – ICSI

Image result for ICSI

E-Admit Card Foundation Program (CBE) – June 2017 exam

E-Admit Card Executive and Professional Program – June 2017 exam

INSTRUCTIONS
  • Students: Please use your current 17 digit Registration Number
  • Examinations Timings Displayed on Hall Ticket are in 24 hours Format
  • Medium of Examination has no relevance. Question papers will be displayed both in English and Hindi language except for Business Management, Ethics and Communication paper for which questions will be displayed in English only.

 

RBI Introduce additional settlement batches in National Electronic Funds Transfer (NEFT) System

Image result for RBIThe Reserve Bank of India in its First Bi-monthly Monetary Policy Statement for 2017-18 has announced the introduction of additional settlements in the NEFT system to enhance the efficiency and add to customer convenience. The additional 11 settlements at half-hour intervals will be introduced with effect from July 10, 2017 (Monday) at 8.30 am, 9.30 am, 10.30 am ………….5.30 pm and 6.30 pm, taking the total number of half hourly settlement batches during the day to 23. The starting batch at 8.00 am and closing batch at 7.00 pm shall remain the same as hitherto. The return discipline shall also remain the same i.e., B+2 hours (settlement batch time plus two hours) as per extant practice.

Click here to view press release.

Advertising by members in practice engaged in Coaching/Teaching activities – ICAI

Image result for icaiRegulation 190A of the Chartered Accountants Regulations, 1988 provides that a chartered accountant in practice shall not engage in any business or occupation other than the profession of accountancy, except with the permission granted in accordance with a resolution of the Council.

The Council has passed a Resolution under Regulation 190A granting general permission (for private tutorship, and part-time tutorship under Coaching organization of the Institute) and specific permission (for part-time or full time tutorship under any educational institution other than Coaching organization of the Institute). Such general and specific permission granted is subject to the condition that the direct teaching hours devoted to such activities taken together should not exceed 25 hours a week in order to be able to undertake attest functions .

Keeping in view the broad purview of Clause (6) of Part I of the First Schedule to the Chartered Accountants Act, 1949, an advertisement of Coaching /teaching activities by a member in practice may amount to indirect solicitation, as well as solicitation by any other means, and may therefore be violative of the provisions of Clause (6) of Part I of the First Schedule to the Chartered Accountants Act, 1949.

In view of the above, such members are advised to abstain from advertising their association with Coaching /teaching activities through hoardings, posters, banners and by any other means, failing which they may be liable for disciplinary action, as per the provisions of Chartered Accountants Act, 1949 and Rules /Regulations framed thereunder.

Subject to the above prohibition, such members may put, outside their Coaching /teaching premises, sign board mentioning the name of Coaching/teaching Institute, contact details and subjects taught therein only. As regards the size and type of sign board, the Council Guidelines as applicable to Firms of Chartered Accountants would apply.

Click here to view notification.