Mitali Agarwal (Company Secretary) (638 Points)
27 October 2009
Amol Gopal Kabra (CA,CS,DISA)
(Practicing CA)
(8539 Points)
Replied 27 October 2009
Ms. Mitali,
There is no need to make any separate application on company's letter head to the central government for the approval under section 295. The e-Form 24AB is itself the format for application in this regard. So no need for separate application as e-Form 24AB will suffice.
Regards,
CA. Amol G. Kabra
Mitali Agarwal
(Company Secretary)
(638 Points)
Replied 27 October 2009
Thanks a lot Amol Ji for ur quick response.
Could you plz tell me the time period involved in approval of Form 24AB? I don;t think so it will take much time, bein all the documents mandatorily attached to th Form and Form filed electronically.
Plz advice.
Regards,
ACS Mitali Agarwal
Amol Gopal Kabra (CA,CS,DISA)
(Practicing CA)
(8539 Points)
Replied 27 October 2009
Its fine if you call me Amol. no need for 'Ji'
Coming to your query, if all the documents are clear and proper, then the avg time taken for any approval, (whether ROC, Regional Director or Central Govt.) is abt 4-5 working days. Even if the response is otherwise, say not approved, the same is communicated within 4-5 working days.
Regards,
CA. Amol G. Kabra
Mitali Agarwal
(Company Secretary)
(638 Points)
Replied 27 October 2009
Thank you Amol. It means it's not so difficult to obtain approval under Section 295. Thanks again.
Regards,
ACS Mitali Agarwal
CAclubindia
