Just another WordPress site
Section-8 companies – what exactly are they? It is a non-profit organization that promotes commerce, the arts, science, sports, education, research, social welfare, and environmental protection. It is allowed for them to conduct businesses and earn profits, as long as the profits are used for the predetermined charitable objectives. What is the necessity of filing … Read More “Section 8 company filing with ROC” »
Section 8 Companies are separate legal entities that require maintaining their dynamic status through the standard recording process with the MCA. Each organization is required to document a yearly return and examine budget summaries with MCA for each money-related year. RoC recording is mandatory regardless of turnover, whether zero or in crores. Section 8 compliance … Read More “What are Section 8 Company Compliances?” »
A few examples of Section 8 companies under the act are Infosys, Reliance, TATA, and Reliance Research Institute. The company is referred to as a Section 8 Company when it is registered as a non-profit organization (NPO) and intends to use its earnings and other revenues for achieving the objectives of arts, commerce, education, charity, … Read More “Are Section 8 companies allowed to do business?” »
Section 8 annual compliance procedures can be time-consuming and stressful. Contact Swarit Advisors, and we’ll handle all of your compliance responsibilities. Package Inclusion Annual Return Filing Filing of Financial Statement Filing ITR End-to-end support An Overview of Annual Section 8 Compliances A Section 8 Company Goals A Section 8 Company’s Goals are to Support Arts, … Read More “Annual Section 8 Compliances” »
