Dividend under Section 123 of the Companies Act 2013 can be declared from current year profits or reserves. Learn the process for final dividend (AGM) and interim dividend, transfer to IEPF, and tax treatment.

TaxClue Team

13 May

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MCA Compliance

Annual Return of Company: Form MGT-7, MGT-7A and Disclosure Requirements

Every company must file annual return in Form MGT-7 (or MGT-7A for small/OPC) within 60 days of AGM. Learn about disclosures required, CS certification, and consequences of non-filing.

Statutory Audit of Companies: Appointment, Rotation, Reporting Under Companies Act 2013

Every company must appoint a statutory auditor under Section 139 of the Companies Act 2013. Learn about auditor appointment, mandatory rotation, Section 143 duties, CARO requirements, and prohibited services.

Beneficial Ownership and Significant Beneficial Owner (SBO) Under Companies Act

Section 90 of the Companies Act 2013 requires companies to identify and maintain a register of Significant Beneficial Owners (SBOs) who hold 10% or more ultimate beneficial interest. Learn the BEN-1 declaration and compliance.

Compounding of Offences Under Companies Act 2013: Section 441 Process

Section 441 of the Companies Act 2013 allows compounding (settling) of certain offences by paying a sum to the ROC or NCLT. Learn what offences are compoundable, the process, fees, and non-compoundable offences.

Goods and Services Tax (GST): Complete Overview of India GST Framework

GST (Goods and Services Tax) replaced 17 central and state taxes in India on 1 July 2017. Learn about CGST, SGST, IGST, the dual GST structure, rates, registration, and ITC mechanism.

GST Registration: Process, Documents, GSTIN and Post-Registration Compliance

GST registration is mandatory for businesses exceeding turnover thresholds. Learn the online REG-01 application process, required documents, GSTIN structure, and post-registration compliance obligations.

GST Input Tax Credit: Conditions, Restrictions, Reversal and ITC Rules 2025

Input Tax Credit (ITC) under GST allows setting off GST paid on inputs against output tax liability. Learn the conditions under Section 16, blocked credits under Section 17(5), GSTR-2B matching, and reversal rules.

GST Annual Return GSTR-9: Filing Guide, Reconciliation and Due Date

GSTR-9 is the annual GST return disclosing the full year supply details, ITC, and tax payments. Learn the table-wise breakup, reconciliation with GSTR-3B, GSTR-9C requirements, and due dates.