CorpZo Insights

Form DPT-3 is an annual statutory filing that provides comprehensive details about a company's deposit-related activities. The form captures information about deposits received, outstanding amounts, loans, and any other receipts that may not qualify as de

Filing ITR for FY 2024-25 requires careful attention to detail and thorough preparation. By avoiding these common mistakes, taxpayers can ensure smooth processing of their returns and avoid unnecessary penalties or scrutiny from the tax department.

The term "property" refers to more than just physical estate. It could be money, stock, or anything else of value. Furthermore, "the instrument of trust" or "trust deed" is the document that creates or declares this complete trust.

Filing your Income Tax Return is not just a legal requirement but also a key step in managing your finances responsibly. It helps maintain financial transparency, enables you to claim refunds, and ensures compliance with the law—preventing penalties and

The revised ITR-U form, introduced by the Central Board of Direct Taxes (CBDT) under Section 139(8A), provides taxpayers with an extended window to rectify errors in previously filed returns.

A limited company offers a structured and secure business model that provides limited liability to its shareholders, separating personal assets from business liabilities. It enhances credibility, supports capital growth through share issuance, and ensures

Income tax is a tax charged on the annual income of an individual or a business earned in a financial year. The income tax in India is govern by the income tax Act 1961, which lays out the rules and regulation for income tax calculation, assessment and co

GST is known as the Goods and Services Tax. It is an indirect tax which has replaced many indirect taxes in India such as the excise duty, VAT, services tax, etc. The Goods and Service Tax Act came into effect on 1st July 2017.

Annual compliance for Companies in India, as per the Companies Act, 2013, involves the mandatory filing of various documents and forms with the Ministry of Corporate Affairs (MCA).

The concept of a One Person Company (OPC) is a revolutionary step under the Companies Act, 2013, enabling solo entrepreneurs to enjoy the benefits of a corporate structure without the need for multiple shareholders.

Registering a Limited Liability Partnership (LLP) is a straightforward and efficient process that offers the dual benefits of limited liability and operational flexibility. It is an ideal business structure for professionals, startups, and small to medium

A power of attorney (POA) or letter of attorney is a written authorization to represent or act on another's behalf in private affairs (which may be financial or regarding health and welfare), business, or some other legal matter.