CA.VIKRAM KUMAR

  How to apply PAN, EPAN, Make Corrections, Link Aadhaar, Check Status,Gazette Format,Cancel PAN   Link Aadhaar https://eportal.incometax.gov.in/iec/foservices/#/pre-login/bl-link-aadhaar Information :As per CBDT circular F.No. 370142/14/22-TPL dated on 30th March 2022 , every person who has been allotted a PAN as on 1st July 2017 and is eligible to obtain Aadhaar number is required to link PAN with AADHAAR on or before 31st March, 2022. Taxpayers who failed to do so are liable to pay a fee of Rs.500 till 30th June, 2022 and thereafter a fee of Rs.1000 will be applicable before submission of PAN-AADHAAR linkage request . Please pay the applicable fee on ' https://onlineservices.tin.egov-nsdl.com/etaxnew/tdsnontds.jsp ' Protean (NSDL) portal to proceed with submission of Aadhaar-PAN linking request. Click on Proceed under CHALLAN NO./ITNS 280 for submission of Aadhaar-PAN linking request. In case payment is already done on Protean (NSDL) portal, please try linking after 4-5 wor

  E-Invoice under GST The threshold limit for the applicability of E-invoice limit reduced from INR 10 Crores to INR 5 Crores . This is applicable from 1st August, 2023. Notification No. 10/2023 - Dated 10th May, 2023. In simple words, if the aggregate turnover of any taxpayer in any of the *Financial Year from 2017-18 to 2022-23 has exceeded ₹5Crores* then it is mandated to generate E-invoice w.e.f. 1st August 2023. E-Invoicing/E-Invoice is a form of electronic billing which is mandated by Government due to tax evasion. In India, the Government introduced e-invoicing in mid of the financial year 2020 with businesses having aggregate turnover above Rs. 500 Crore. The limit of Rs. 500 Crore turned to Rs. 100 Crore from 1st January 2021 then to Rs. 50 Crore from 1st April 2021 and now it is Rs. 20 Crore from 1st April 2022. Interestingly, if the turnover in any of the financial years from 2017-18 till now crosses the aggregate turnover limit then e-invoicing is applicable .  As per Rule

  1. How to Transfer Shares in case of Death Transmission One of the lesser-known but widely experienced problems with respect to dealing in share certificates is transmission of shares. The Companies Act distinguishes transmission of shares from transfer of shares. While transfer of shares relates to a voluntary act of the shareholder, transmission is brought about by operation of law. The word 'transmission' means devolution of title to shares otherwise than by transfer, for example, devolution by death, succession, inheritance, bankruptcy, marriage, etc. While transfer of shares is brought about by delivery of a proper instrument of transfer (viz, transfer deed) duly stamped and executed, transmission of shares is done by forwarding the necessary documents (such as a notarised copy of death certificate) to the company. On registration of the transmission of shares, the person entitled to transmission of shares becomes the shareholder of the company and is entitled to all rig

  Eligibility Criteria for GeM Seller/Buyer Registration on GeM Portal GeM, or Government E-Marketplace , is a Procurement portal, which can be used to purchase or sell any item or goods by anyone. Nevertheless, like anything else, an individual will need to comply with the registration form to begin their endeavour on the platform. Government e-Marketplace (GeM) is a one stop portal to facilitate online procurement of common use Goods & Services required by various Government Departments / Organizations / PSUs. GeM aims to enhance transparency, efficiency and speed in public procurement. It provides the tools of e-bidding, reverse e-auction and demand aggregation to facilitate the government users achieve the best value for their money. The purchases through GeM by Government users have been authorized and made mandatory by Ministry of Finance by adding a new Rule No. 149 in the General Financial Rules, 2017.  https://static.gem.gov.in/resources/training-module/Rule149-of-GFR.pdf

  LIC IPO Individual, resident Indian policyholders with one or more LIC policies as on the date of DRHP and bid/offer opening date will be eligible to apply under this reserved portion.  The maximum bid per policyholder is capped at Rs 2 lakh. Policyholders who fail to update their PAN details by February 28, 2022 will not be eligible for this quota. Only Policy holders who update their PAN No by Feb 28,2022 can apply under policy holders quota.  Read Prospecrus filed on 13.02.2022 - LIC files draft order with SEBI - https://www.sebi.gov.in/filings/public-issues/feb-2022/life-insurance-corporation-of-india_56035.html Up to 10% of the LIC IPO issue size would be reserved for policyholders. How to apply for LIC IPO for a LICPolicy Holder https://eterm.licindia.in/eServices/ipo_cell_notice LIC APP :  Android:  https://play.google.com/store/apps/details?id=com.lic.liccustomer IOS: https://apps.apple.com/us/app/lic-customer/id1324159013?ls=1 LIC Website :  https://licindia.in/ FAQ: What is