Section 24 Articles

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Section 8 Company Registration
AboutThe concept of non-profit making company is quite old in India. In erstwhile Companies Act, 1956 it was regulated by Section 25 and that is why it was popular as Section 25 Company. However in Companies Act 2013 provisions related to non-profit making company are given in Section 8 read with Rule 19 and 20 of Companies (Incorporation) Rules, 2014.Section 8 Company Registration is named Section 8 of the Companies Act, 2013, which pertains to a established 'for promoting commerce, art, science, sports, education, research, social welfare, religion, charity, protection of env...

Know About the Key Benefits of SOX Section 404 Assessment
SOX Section 404 Compliance Assessment - an Expensive and Complicated Review of for Enterprises’ FinancialsOne of the main purposes of Sarbanes-Oxley Act (SOX) 2002 is to minimize accounting errors and frauds while reinstating general public confidence in the enterprises’ financial reporting. The dreadful series of financial irregularities including accounting mistakes and internal audit failure that made the US Congress to pass SOX legislation have badly shaken that confidence. SOX Section 404 assessment has become mandatory for public companies to re-establish public trust by st...

Affordable Houses for Rent on Section 8 are Just a Click Away
Rapid movement from one place to another in search of job and livelihood is a common trait of all societies in the world today. In order to successfully fulfill their goals, people need resources such as affordable homes on rent in different places. Due to the burgeoning population, finding affordable houses on rent is a tough row to hoe, and one constantly needs assistance from various sources to find a home to comfortably settle down. The affordability of a home depends on several factors and prime one of those factors is its location, which includes its proximity to the public amenities. Bu...

What is Section 8 Company and How to register it?
You might not have seen or heard about section 8 companies, however, you must have heard about NGOs. Section 8 company is one of the modes of setting up the NGO. Section 8 Company registration as an NGO is regulated under the Companies Act, 2013. These NGOs are basically operated for the promotion of art, social research, education, science, religion, commerce, social welfare, technology, charity and protection of environment etc.Further, we will discuss section 8 company registration, benefits of NGO registration (section 8 company) etc.Steps involved in Section 8 Company RegistrationTh...

Thin Section Bearings Are The Best When Purchased From Best Agency
When you are looking for precision bearing you will find thin section bearing doing the job well, they are known to reduce the overall cost and offers wonderful design, flexibility while meeting requirements wonderfully. These bearings are needed to complete extensive range of applications if you are looking for useful radar bearings, Aurotek tsb, inc. will be offering you something best in market. They offer weight reduction up to 80% and applicable in areas like defense, medical, aerospace, oil and gas, robotics, food processing equipment’s and varying more. While dealing with these be...

Learn About Section 63 Action Plan In Scotland
It has become mandatory for all commercial landowners to undertake a section 63 in Scotland to comply with the energy efficiency requirements. This 63 action plan is applicable to domestic buildings that go beyond 1000m² with eligibility for an EPC for rent or sale. This plan finds the possibilities for enhancing the carbon and energy performance in a building and it also explores how these things are done via physical movements.  The owners have the option of performing or putting off the improvements and it can be done by reporting the operational energy ratings (DEC) on a yearly b...

Section 8 Company Registration
What is Section 8 Company?Section 8 Company is named Section 8 of the Companies Act, 2013, which pertains to a established \'for promoting commerce, art, science, sports, education, research, social welfare, religion, charity, protection of environment or any such other objects provided the profits, if any, or other income is applied for promoting only the objects of the company and no dividend is paid to its members. Therefore, Section 8 Company or Section 25 Company is a company registered under the Companies Act, 2013 for charitable or not-for-profit purposes.A Section 8 Company is simila...

Provisions of section 50B are not applicable if the transaction is not a sale bu
1. Introduction:Section 50B of Income Tax Act, 1961 (for short ‘the Act’) deals with the capital gains in the case of Slump sale.2. Bennett Coleman & Co.case in brief:Recently, in Bennett Coleman & Co.Ltd v. ACIT & vice-versa [ITA No.3298/M/2012 and ITA No.3537/M/2012,A.Y.2008-09, decided on 08-01-2018], one of the issue raised by the assessee-company was against the upholding of order of assessing officer by Commissioner (Appeals) on the issue of transfer of Planet M.division of the company in consideration of equity shares and 6% redeemable unsecured debentures ...

Section 8 Company Registration
"If you want to lift yourself up, lift up someone else....Booker T. Washington"We strongly believe in the above principal which also defines our goals with regard to our customers, associates and the industry as a whole. We continuously strive to be synonymous with excellence in service delivery, continuously innovating and sharing knowledge and best practices across the enterprise.  We provide many services as like....1. company registration2. LLP registration3.GST registration4. Pan registration5.VAT registration6.MSME/SSI registrationAnd many more.. ...

How can you raise funds for NGO/ Section 8 Company?
How can you raise funds for NGO/ Section 8 Company?Every country has a set of NGOs or Non-Governmental Organizations, the institutions which are responsible for carrying out charitable works and provide the exploited or backward people in our society to lead their lives in a much better way. NGOs will always require a good amount of funds so that they can function effectively and carry out their noble work, throughout the city or outside it. So there must be some sources of income from where the NGO must get hold of the finances which would help them to carry out their activities, isn't it? ...

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