The Annual General Meeting (AGM) due date for the financial year ended 31st March 2020 for all companies has been extended to 31st December 2020. A huge relief has been granted by the Ministry of Corporate Affairs by way of granting an extension of 3 months for holding the Annual General Meetings. Companies with the AGM due date of 30th September 2020 can conduct their AGM by 31st December 2020. The company is not required to file a separate application in form GNL-1 for an extension.
Penalty for Non-Disclosure of Foreign Assets/Income in Income Tax Return
November 28, 2024
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Penalty for Non-Disclosure of Foreign Assets in Income Tax Return (ITR) 2024 The disclosure of foreign assets in Income Tax Returns (ITR) is a critical