VGNC

  In a judgment given by National Company Law Appellate Tribunal ( NCLAT ) on 5 th   of Nov, 2019, in the case of ‘Hemang Phophalia v. The Greater Bombay Co-operative Bank Ltd & Anr’, NCLAT dealt with an issue that whether Insolvency Proceedings can be initiated if a Debtor Company is struck-off by ROC and is considered dissolved as per sec. 248(5) of the Companies Act, 2013. In order to understand the  legal viability  of initiating CIRP (Corporate Insolvency Resolution Process) against a Corporate Debtor when it has been struck-off by ROC, we need to understand the effects of striking-off the company in terms of Sec. 250 of the Companies Act, 2013. It explains that when company is struck-off it is considered having ceased to operate except for the purpose of realizing the amount due to the company and for the payment or discharge of the liabilities or obligations of the company. Hence it is clear that for realizing any amount from or by such Company, the compan...

  GST Consultant in Delhi NCR near me with local accounting legislation, standards and reporting timeliness is an important requirement in expanding into a new territory. With the speed of change in the tax and accounting laws in India, it may be difficult for companies to stay on top of changes both to the laws and their application in your tax filing and compliance procedures.   GST  Consultant in Delhi NCR | Bangalore| Mumbai |near me Additionally, due to uncertainties surrounding the interpretation of tax laws, there has been an increase in disputes arising. The increasing sophistication and expertise of the tax authority means that the taxpayer, now more than ever, needs support and advice from experts at all stages of the tax compliance life cycle. Our team is dedicated to delivering tax compliance services, related tax consulting services, whilst meeting the higher standards typically required by major multinational groups. Our team consists of qualified and intern...

  A business tax return is the income tax return required to be filed by companies.   VGNC   provides best    Income Tax Compliance Services , we are best   Income Tax Compliance service firm in India , in effective strategies. We provide Income Tax advice to MNC as well as firms, individuals etc. We structure and implement the Tax planning strategies most effectively according to the client facts and circumstances. Tax laws are most dynamic laws in the world and require a constant study by the attorneys to effectively deal with the customer’s requirements. We provide income tax compliance in following areas: Corporate Tax Law  has experienced various amendments in India due to the Globalization and changing facets of business.  Corporate tax  is levied on both domestic as well as foreign companies which are not registered in India but has its operations and generate income in India. There are many Tax Incentives like setting up of businesses...

  What is Forensic Audit? A forensic audit is an examination and evaluation of an organization’s firm or individual’s financial records to derive evidence that can be used in a court of law or legal proceeding. Forensic auditing is a specialization within the field of accounting, and most large accounting  firms  have a forensic auditing department. In India, A forensic audit, also known as forensic accounting, refers to the application of accounting methods for detection and gathering evidence of frauds, embezzlement, or any other such white-collar crime. It is the application of accounting skills to legal questions. How is different from internal audit? A forensic audit’s steps designed to focus on reconstructing past financial transactions for a specific purpose, such as concerns of fraud, whereas an  internal audit  is typically focused more on compliance and/or the performance of the organization. What are the Reasons for Conducting a Forensic Audit? Forens...