Convertible Note – A hybrid instrument for raising capital
A convertible note is an optionally convertible instrument that gives and investor the option (on maturity i.e. when the company raises next round of funding) to convert their debt into equity at a pre-determined discount on the amount paid…
FILING OF FORM INC-22A
FILING OF FORM INC-22A 1) Who should mandatorily file form INC – 22A Companies incorporated on or before 31st Dec 2017 which are under ‘Active’ status as on the date of filing shall file eForm INC-22A. 2) What is…
The Saga of Start-ups and Angel Tax
What is a Start-up? A startup is a company that is in the initial stages of its operations. The promoters basically come up with an idea/ business model that targets the market needs by developing or offering an innovative product,…
TCS ON E-COMMERCE OPERATORS UNDER GST
I. INTRODUCTION : What is TCS in GST? TCS in GST means that the E-commerce operators will have to collect the tax from those suppliers who are selling goods or providing services on/through their sites while making payments to such suppliers….
GST for Non-Resident Tax Payer
To understand the applicability of GST for non-resident tax payer ,one should know who is a non-resident as per GST law. A non-resident taxable person means any person who occasionally undertakes transactions involving supply of goods and/or services whether as…