ITAT Appeal: Procedure, Fees, Stay Application & Form 36 Guide Quick Answer The Income Tax Appellate Tribunal (ITAT) is the second appellate authority under the Income Tax Act, 1961 — and in practice, the most important one. Appeals to the ITAT are filed under Section 253 in Form 36 within 60 days of the CIT(A) […]
Category Archives: Incorporation of company
FSSAI Food Licence: Registration vs State vs Central Licence (2026) Quick Answer The Food Safety and Standards Authority of India (FSSAI) requires every food business operator (FBO) to obtain either a Registration or a Licence under the Food Safety and Standards Act, 2006 and the Food Safety and Standards (Licensing and Registration of Food Businesses) […]
Income Tax Raid: Section 132 Search & Seizure, Block Assessment Under Section 153A & 153C Quick Answer An Income Tax raid under Section 132 of the Income Tax Act, 1961 is a search and seizure operation authorised by the Principal Director General or Director General of Income Tax when there is reason to believe that […]
Import Export Code (IEC): DGFT Registration & Annual Update (2026) Quick Answer The Import Export Code (IEC) is a 10-digit code issued by the Directorate General of Foreign Trade (DGFT) under Section 7 of the Foreign Trade (Development and Regulation) Act, 1992. IEC is mandatory for every person importing or exporting goods and services from […]
Documents for Company Registration 2026: Complete Checklist (Pvt Ltd, OPC & LLP) Quick Answer To register a company in India through the MCA SPICe+ form, you need: PAN and Aadhaar of all directors/subscribers, passport-size photograph, address proof (bank statement, utility bill, or mobile bill not older than 2 months), Digital Signature Certificate (DSC) for all […]
Company Name Reservation: RUN Form, Rules & Common Rejection Reasons (2026) Quick Answer Company name reservation in India is done through the RUN (Reserve Unique Name) service on the MCA portal, or directly through Part A of the SPICe+ form. RUN allows you to propose up to 2 names in a single application. The name […]
MSME Udyam Registration: Classification, Benefits & Priority Lending (2026) Quick Answer Udyam Registration is the official MSME registration process introduced by the Ministry of MSME vide Notification S.O. 2119(E) dated 26 June 2020, replacing the erstwhile Udyog Aadhaar Memorandum (UAM). Registration is done on the Udyam Registration Portal using Aadhaar and PAN, and is completely […]
Indian Subsidiary vs Branch Office vs Liaison Office: Foreign Company Options in India (2026) Quick Answer A foreign company entering India has four primary structural options: Wholly Owned Subsidiary (WOS), Branch Office (BO), Liaison Office (LO), and Project Office (PO). The choice depends on the nature of Indian operations, tax implications, liability exposure, and regulatory […]
Safe Harbour Rules in Transfer Pricing: Section 92CB, Rule 10TD & 10TE — Simplified Guide Quick Answer: What Are Safe Harbour Rules in Transfer Pricing? Safe Harbour Rules under Section 92CB of the Income-tax Act, 1961, read with Rules 10TD, 10TE, and 10TF of the Income-tax Rules, 1962, allow eligible taxpayers to adopt pre-prescribed transfer […]
Private Limited Company Registration in India: Complete 2026 Process (SPICe+, Costs & Timeline) 📌 Quick Answer: How to Register a Private Limited Company in India in 2026 A Private Limited Company is registered through the SPICe+ (INC-32) integrated form on the MCA portal. The single-window process now covers PAN, TAN, EPFO, ESI, GST registration, and […]