Registration under Indian Partnership Act, 1932

The Indian Partnership Act, 1932 was enacted to provide a comprehensive law governing partnerships in India. Before this, partnership provisions were included in the Indian Contract Act, 1872. With the growth of trade and the increasing importance of partnerships in commerce, a separate legislation was required. The Act came into effect on 1st October 1932, laying down rights, duties, and obligations of partners, along with rules for the formation, registration, and dissolution of partnership firms.

Appointment of Auditor in Limited Liability Partnership

In India, a Limited Liability Partnership (LLP) is a popular business structure that combines the flexibility of a partnership firm with the limited liability benefits of a company. Governed by the Limited Liability Partnership Act, 2008, LLPs are designed to provide entrepreneurs with a business model that offers operational ease and fewer compliance requirements compared to companies

ADT-1: Information to Registrar for appointment of Auditor

Under Section 139 of the Companies Act, 2013, it is mandatory for a company to notify RoC regarding the appointment of an auditor.

ADT-3 (Notice of resignation by the Auditor)

The auditor appointed may resign at any time due to any reason before the expiry of his term of office. In doing so he has to follow the provisions as laid in the Act.

Removal of Statutory Auditor through ADT-2

The auditor can be removed from his office before the expiry of his term only by passing a special resolution and after obtaining prior approval of Central Govt.

Application for registration of charitable / religious trust and Audit Report

Application for registration of charitable / religious trust and Audit Report under clause b of tenth provisio to clause 23C of Section 10 & sub clause ii of clause b of Section 12A (1) of the Income Tax Act,1961

Obligation to furnish statement of financial transaction or reportable account

Any Person responsible for maintaining books of account other document containing a record of any specified financial transaction or any reportable account as may be prescribed shall furnish a statement in respect of such specified financial transaction or such reportable account to the Income Tax authority/such authority as may be prescribed.

Tax-Audit u/s 44AB – Audit of accounts of certain persons carrying on business or profession

Every Person shall get his accounts audited by an Accountant before the specified date and furnish by that date the report of such audit.

Form No. 10BBB

Form No. 10BBB: Intimation by Pension Fund of investment under clause (23FE) of section 10 of the Income-tax Act, 1961

Tax Audit u/s 44AB – Audit of Accounts of Assessee having International Transactions or Specified Domestic Transactions

Any person who is engaged in any of the transactions referred above is required to submit a Report from CA in Form 3CEB by November 30