FilingHour

31/08/2022

FilingHour wishes you a happy Ganesh Chaturthi

31/12/2021

A very Happy healthy & joyful year to all of you.

We at FilingHour wish you have the best year ahead. May your 2022 be better than 2021.

26/12/2021

HO HO HO.... Lets take a pause to seep in the merry & joy of Christmas and the new year just around the corner.

With a billion due dates ending this week, I know for sure most of the consulting fraternity is at work and so am I even as I type this. Lets admit. It has been this way last year too. Now, I know not of the extensions if any but I am sure we are trying really hard to close that HUUUUUGGGGEEEEEE list of returns in time.

Hope you power through this week. Hope your family understands your absence during the holidays. Hope you take an off sometime soon and make up for all this time you missed with your loved ones. I love my fraternity for this very reason. We just power through.

02/11/2021

Interest for deferred payment of advance tax. Wow.. even after all these years - the sound of sec 234C still evokes an unsettling feeling. 10 years ago when back in the days of my articleship I had to compute this interest - I was confused. Perplexed and angry in equal measure. Of course now we have simple 234C interest calculators readily available on google. But wait.

What's it all about - why pay interest when I have paid advance tax? Common question from common man. Well no so common for the consulting fraternity.

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INC

01/11/2021

01/11/2021

You are capable of more than you know. Choose a goal that seems right for you and strive to be the best, however hard the path.

Aim high. Behave honorably.

Prepare to be alone at times, and to endure failure. Persist! The world needs all you can give.

FilingHour is here to help out young entrepreneurs achieve their goals. Play as many roles as you want - TEST, TRY, FAIL, RISE, GROW, PROSPER. You have a billion opportunities. However as per Company law - you can excercise only 20 options at once.

INC.

29/10/2021

Too many cooks spoil the broth goes an age old adage. How many is too many? How many is minimum?

Does this perspective apply while appointing directors? How many minimum are required and what does the Company Law hold to be the law?

Have you ever imagined of a Company run by world leaders? How would it be? What would be the product / service / idea? Would too many intellectual outputs run or ruin the show?

With FinSetGo Learn a little bit of finance every single day. Find FilingHour on playstore. Download the application now and your compliances would be just a click away.

Inc. .

29/10/2021

So you need not be qualified. You just don't need to be disqualified. Whoaaaaa!!!!
Is there something such as this?

Well yes.

For a person to be appointed as a Director. You just don't have to be disqualified. That is all.
No minimum qualifications / No minimum experience.

Have an idea? Floating a Company. Have no doubts. You yourself can the director. Run the show. Realize your dream. Create Wealth. Grow. Prosper.

28/10/2021

Amnesty is as good for those who give it as for those who receive it. So no wonder the CBIC has come up with repeated retrospective amnesty schemes. This time the Amensty scheme closing date also got extended to 30 Nov 2021.

GST tax payers in default for 45 months (July-2017 to April-2021) can file their GST returns with little late fees. Normally I have come across instances where the assessees give up GST registration, let it lapse or remain defunct due to the staggeringly huge late fees that piles up.

Rs. 100/- per day late fees IS NOT A JOKE. Period. So please spread the word. We have one more month to file all pending tax dues. Now is not too late to response, react, rectify.

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28/10/2021

Extension galore this festive season commences with Form 8 - Statement of Account & Solvency to be filed by LLP's (Limited Liability Partnership Firms).

22/10/2021

Corporate Social Responsibility - Who, When, How & How much? Learn with FinSetGo. Little bit of finance every single day. FilingHour - download the application from playstore. Your compliances are now just a click away.