Questions relating to Independent Director

Frequently asked question in relation to Independent Director Whether any self-certification is required from director? If yes whether there is any specific format for it? Yes, Independent director is required to self-certify that he satisfies the criteria as specified under section 149(6) of Companies Act, 2013; (i.e. definition relating to independent director). This certification is…

extension of due date for 2020-21

Extension of Due

Extension of Due-Date of Audit Introduction: It has been the burning issue that whether due dates will be extended or not; finally, government has notified extension for various due-dates which will act as booster for the assessee as well as for auditors. Due-date of furnishing Tax-Audit report under Income Tax Act, 1962: It has now…