CORRECTIONS TO BE MADE IN PORTAL(REPUBLICHUB.

NET) CONTENT

1. OCTA PASS – Lending Approval Registration:

a. Brief Summary of documents required is MISSING

2. OCTA PASS – Repayment:

a. Service A Financing & Service B Financing headings – NOT IN BOLD

3. REGISTRATIONS – Business name availability check & Run Approval :

a. It should not BE copied

b. Because there MAY BE already registered trademark or company with that
name.
c. Internet Entrepreneurs MUST ALSO check whether there exist any domain
with the name opted by the entrepreneurs

4. REGISTRATIONS – Sole Proprietorship :

a. It’s not sole proprietorship company – Its sole proprietorship

b. A Proprietorship with income less than 2.5 Lakhs per annum
c. Selection of Name – Remove As expressed before , It’s not Proprietorship
Firm, It’s Proprietorship, replace Name of FIRM with name of Business
d. Planned Bank – BANK PANEL
e. Standard & Premium – In description of services Included – Replace Service
Tax Registration with GST REGISTRATION

5. REGISTRATIONS- PARTNERSHIP COMPANY

a. Name it as PARTNERSHIP FIRM instead of Partnership Company

6. REGISTRATION – LLP

a. In Qualification for LLP Registration in India - Minimum Two People –

Replace An LLP can be begun with An LLP CAN BEGIN
b. Replace there is utmost to the most extreme number of partners with THERE
CAN BE UTMOST NUMBER OF PARTNERS
c. There is no difference between the Services Included in STANDARD and
PREMIUM

7. REGISTRATION – Private Limited Company:

a. DIN – Replace issued by registrar of organizations with Registrar of

Companies
8. REGISTRATION – Public Limited Company:

a. Replace 2 DINs with 3 DINs

9. REGISTRATION – Indian Subsidiary

a. Replace The automatic route requires no requirement of any prior regulatory

approval for investment with THE AUTOMATIC ROUTE DON’T
REQUIRE ANY PRIOR REGULATORY APPROVAL FOR INVESTMENT

10. SPECIAL ENTITY – NIDHI Company

a. In File Name Approval – Replace Name approval via INC -1 with RUN and
replace you can give maximum of 6 Names with 2 Names
b. In File for Incorporation – Replace INC 32 with FORM SPICe

11. SPECIAL ENTITY – SECTION 8 Company

a. In explanation of section 8 Company – Replace INC 1 with RUN

b. The following headings are not in BOLD
i. Reasons to Register a section 8 company
ii. Name
iii. Management
iv. Profits
v. Transferability
vi. Identity and Address proof
vii. Registered office proof
c. Replace Steps To Incorporation Section 8 Company Registration Process with
Steps To Incorporate Section 8 Company
d. In Name approval – Replace you to provide 3 Names with You Can Provide 2
names

12. ANNUAL COMPLIANCE – Proprietorship

a. Replace The annual income of the proprietor is considered the annual income
of the proprietorship firm with The annual Income of Proprietorship business
is considered as annual income of proprietor
b. In Description Replace Sole Proprietorship firm with Sole Proprietorship
c. In documents Required – Point 3 – Replace On Behalf of company with on
behalf of proprietorship Business
d. In documents Required – Point 4 – Replace bank accounts in the name of
Firm with Bank Accounts in the name of Proprietorship Business
e. In documents Required – Point 5 – Replace copy of VAT and service tax
Returns with copies of GST Returns
 f. Process should not include Tax Audit
g. Main point to be focused is Under Annual Compliances if we are going to
File Just Income Tax Return what does it makes difference from ITR
Filings??

13. ANNUAL COMPLIANCE – Partnership Firm

a. Name it as PARTNERSHIP FIRM instead of PARTNERSHIP

b. Replace Firms are Required to Maintain the Compliance Under Various
Regulations Like LLPs and Company with Firms are required to Maintain the
Compliance Under PARTNERSHIP ACT
c. Under Partnership should ensure process – Replace Monthly, Quarterly
Services Tax, Sales Tax with Monthly / Quarterly GST
d. Main point to be focused is Under Annual Compliances if we are going to
File Just Income Tax Return what does it makes difference from ITR
Filings??

14. ANNUAL COMPLAINCE – LLP

a. In Description Replace maintain the compliance and Heavy Penalties with

Maintain the compliance and to Avoid Heavy Penalties
b. The following headings must in bold
i. Filing of Income Tax Return
ii. Due dates for an LLP to file Their income Tax Returns are a follows
c. Under Filing of Income Tax Return – Replace Annual Turnover exceeds Rs.60
lakhs with annual turnover exceeds Rs. 40 lakhs or whose contribution
exceeds Rs. 25 lakhs are required to get their accounts audited

15. ANNUAL COMPLIANCE – Tax - Audit

a. Business , profession headings must be in BOLD

b. As of now we only have Tax Audit Standard @ 24,999/- but can categorise
them as Tax audit Basic for Proprietorship Business, Standard for Firms and
Premium for Companies or Based on the Turnovers that we are going to audit
c. DSC can be included in Tax Audit Service.

16. ANNUAL COMPLIANCE – Internal Audit

a. As of now we only have Internal Audit Premium @ 24,999/- but can

categorise them as Basic, Standard, Premium Based on their Turnovers

17. ANNUAL COMPLIANCE – Statutory audit

a. As of now we only have Statutory Audit Premium @ 24,999/- but can

categorise them as Basic, Standard, Premium Based on their Turnovers
 b. Under Check List for Statutory audit – Vouching should have sub categories
like
i. Vouching Of Purchase Invoices
ii. Vouching of Sale invoices
iii. Vouching of Cash transaction
iv. Vouching of bank transactions
v. Vouching of journal entries
c. Others like Physical cash Verification and Bank Reconciliation statement must
be shown as 3rd point.
d. Replace Profit 5 Loss, a/c with Profit and Loss A/c,
e. In Point No 2 Replace VAT , service tax with GST and Replace vat credit
with Input Tax Credit Under GST
f. Replace Point no 5 as In the case of direct expenses and indirect expenses like
rent, fees, royalty, salaries, commission, advertisement and other expenses
concentrate on agreements and TDS Applicability.
g. Point Number from 1 to 9 - Numbering is to done properly.
h. Balance sheet – heading Must be in BOLD
i. Point (i) Share capital – To be in bold, Heading (ii) Secured Loans is to
inserted before description of Secured Loans, Heading (iii) Depreciation is to
inserted before description for depreciation, Heading (iv) Fixed assets is to
inserted before description for assets, Heading (v) Management Consent is to
inserted before description to obtain management written explanation.
j. Statutory Compliances - Need to be in Bold – remove point A & B and Place
point A as Collection and remittance of GST

18. TAX FILING & COMPLIANE – TDS Returns

a. Under Documents Required- followings documents are to be added

i. Details of TDS deducted incl. Type of Expenditure , Total expenditure
incurred , Date of Expenses, Rate at which TDS is deducted
ii. TDS Payment challans
iii. Deductee PAN details

19. TAX FILING & COMPLIANE – TDS Returns

a. Replace documents required for Registration of ESI returns with Filing of ESI
Returns

20. TAX FILING & COMPLIANE – Professional tax registration

a. To be categorised under Registrations

21. CHANGES & CORRECTIONS – Add director

a. The following headings must be in bold

 i. Executive Director
ii. Ordinary Director
iii. Additional director
iv. Alternate director
b. Under documents required – Replace Company Number with CIN No
c. Under documents required - Include DIN of Director if he is Holding a Valid
DIN
d. Under description for services included in Basic – Modify it as Add a
Director having DSC and DIN to Board of directors
e. Under description for services included in Standard – modify it as - Add a
Director having DSC to Board of directors. DIN is Inclusive
f. Under description for services included in Premium – modify it as - Add a
Director to Board of directors. DIN and DSC are Inclusive

22. CHANGES & CORRECTIONS – Remove Director

a. Under documents required – Replace Company Number with CIN No of

Company
b. Under documents required – Include Copy of Resolution Passed to remove
Director

23. CHANGES & CORRECTIONS – Share Transfer

a. Under description for services included in Standard – modify it as – Share

transfer from one party to another, wherein transferor or transferee is a
corporate entity.
b. Under description for services included in Premium – modify it as - Share
transfer from one party to another, wherein transferor or transferee is a
Foreign entity or a foreign National

24. CHANGES & CORRECTIONS – Add Partner

a. In Description – replace every partner of an LP with LLP

b. Under description for services included in Standard – modify it as- Add a
partner having Din and DSC to LLP
c. Under description for services included in Standard – modify it as- Add a
partner having DSC to LLP. DIN is inclusive
d. Under description for services included in Premium – modify it as – Add a
Partner to LLP. DIN and DSC are inclusive.

25. REG.CERTIFICATION – GST Temporary Registration

a. Under description for services included – Modify it as – GST Registration for

casual tax payers
26. REG.CERTIFICATION – GST Return filing

a. It Can be categorised under Tax Filing & compliances

b. In documents required – point no 1 – Replace Not having GST with Having
GST
c. In documents Required – Include – details of Purchases made – Total input
value of IGST, CGST and SGST.

27. REG.CERTIFICATION – GST Composition

a. As of now we have GST Composition Basic @ 2000/- , Services included is

describing as we are proving only GST Registration, As we are proving GST
Registration @ 499/- , we must include GSTR Return filing in this service

28. REG.CERTIFICATION – GST Data Entry

a. HSN Code is to be included in Requirements for GST Data Entry

b. As of now we have only GST Data entry Basic @ 199/-, we can introduce
Standard and premium based on number of transactions for that particular
period.
c. The price charged to Data Entry Basic and Reward Points are same.
Personal Services:

1. ITR FORM - 1: In who is eligible to file ITR-1- replace individuals savings to

individuals earnings
2. ITR FORM - 2: In PROCESS – 5th Point “If you’re exempt income exceeds
Rs.5,000” remove this point and keep in “Who is eligible” option, and in last line add
“If digital signature choosen as ‘No’ then take a printout of Form ITR-V”
3. ITR FORM – 6: In Verify ITR – 5 replace ITR-5 to ITR-V and in verify ITR-5 first
line change Preserver to Preserve.
4. ITR FORM – 7: In last add sec.139(4E) and sec.139(4F)
Sec.139(4E) – Under this Section, returns are to be filed by Business Trust.
Sec.139(4F) – Under this Section, returns are to be filed by Investment Fund.
5. HSN Codes are not available to ITR Form -1 to 7 and Income Tax Notice.

Banking & Insurance:

Insurance

1.Medical Insurance: Add Content.

2.Crop Insurance: In heading replace Insurence spelling to Insurance.

Banking & Syndication:

1.Bank Loan Syndication- Basic: In starting replace Quantem to Quantum

2.Bank Loan Rating : In Benefits of BLR : Banks- 5th point remove ‘6’ at end.

In Required documents- 3rd point replace ‘sales tax’ to ‘GST Returns’

3.Unsecured Loans: In Approval 1st para change ‘or’ to ‘and’

Reg. & Certification:

1.ISO Certification: In Document Required – ISO 13485 & ISO 17020 in 2nd line change
‘This is’ to ‘This ISO’

2.In Reg. & Certification – Other Registrations – change ‘labor’ to ‘labour’

3.Reg. & Certification – Other Registrations – ESI & PF

In ESI Registration – In ‘Advantages’- 3rd para – 3rd line replace ‘segment’ to ‘section’ and
after 1(5) remove ‘of the act’

In PF Registration – 1st para last line remove “Employees Provident Fund is done through
LegalRaasta.”
4.Intellectual Property – Registration

In ‘Trademark search’- last line remove ‘Our trademark lawyer report is evaluated at
Rs.3,500/-per symbol’

In Filing for TM Filing – 2nd line replace ‘Form TM-M’ to ‘Form TM-G’

5.Intellectual Property – Rectification

In starting replace ‘Reply for Objection’ to ‘Rectification’

6.Intellectual Property – Copyright Registration-Basic

In starting replace ‘Copyright Registration for everything along with Trademark

Registration’ to ‘Copyright Registration for Logos, Books, Periodicals and Magazines’

7.Goods and Service Tax - GST Registration

In ‘Digital Signature is required for’ add ‘Companies’ to ‘LLP/Partnership’

Reg. & Certification - Legal Pro

1. Legal Services – Under legal services we have only one service i.e. Legal Service-
Basic @ Rs.1,999 but at the end of the description about the service we can see there
are two categories of services, one is Basic @ Rs.999 and other is Standard
@ Rs.2,499. If we are ready to provide ‘Legal Service – Standard’ create a separate
icon for it as if we can see ‘Legal Service-Basic’ icon and Price modifications are to
be made accordingly.
2. First Appeal – Under First appeal we have only one Service i.e, First Appeal – Basic
@ 999/- but at the end of the description about the service we can see that the price is
denoted as Rs. 99/-
3. Advocate registration – Content is same as ‘Legal Services’.