Hello Sir,,

I applied for correction in name in Pan through the NSDL website BY Submit scanned images through e-Sign. I uploaded documents such as my photo and my signature.

Today I received an email from Pan department as below

Dear Sir / Madam,

We refer to your abovementioned application & PAN application documents received from you on January 01, 2019. On verification of your application and PAN application documents, the following discrepancy(ies) is/are observed by us:

Photograph provided is not proper for scanning. (Photo folded/ Photo with dark specs/ Small size of Photograph/ Photo Stapled/ Faint Photo/side face photo.

- We request you to kindly submit recent colour photograph (3.5 cm *2.5 cm) on a separate paper. Please do not
sign across this photo.

Signature appearing on application copy not proper.

- Submit specimen signature of the applicant.

My query is -
1. Should i paste my photo in a A4 size paper and send it?
2. Should I sign in an A4 size paper and send it?

Thanks for the guidance

Hello,
Hope my doubt is cleard from subject.
In our office we have 10 pc's(without CPU) and a main server(having CPU) i need use dsc for different purposes for eg. gst, Revision of tds return,etc. When I want to sign the document with dsc, then I need to login through laptop for signing purposes eachtime which is annoying me very much.
Following message shows on client pc
"Failed to establish connection to server"

And through Laptop it get easily signed.

Dear Sir/Madam

Please guide me whether TDS is to be deducted by Company on Mobile Bills & Internet charges bills while making payment to Telecom Company (i.e Vodafone, Idea).

And if yes, than under which section & if not than on which basis it is not liable to deduct (Quote Case Laws if any)

Kindly Resolve ASAP, Thanks in Advance

Dear Experts,
I am planning to purchase a shop in Navi Mumbai, currently market value is 1.45 Cr in which agreement value is 80 lakhs. Should I opt for overdraft loan, loan against property or term loan.

Your quick response will be highly appreciated.

Thanks

Plz reply as whether Net Worth Certificate can be issued by a CA in service, on his letterhead?

Hi SIR,

Since last 20 days i am struggling to create log in ID in ICAI website which is necessary to apply COP in Online. while trying to create log in ID , it shows error that my email address and phone number has not been updated. even though my both email id and phone number is available in my profile . ( which i could see members Identity tracker).

Please also note that request to update my both email address and phone number has been sent twice through post to Institute ( Chennai address).

Even after several follow up with SSP Support , my issue has not been resolved yet.

Could you please anyone can suggest me to whom i should reach so, that they could fix my issue.

Thanks
CA Pramod Sahoo
mem no 308804

AS per company law mgt 7 form for small company signed by director or company secretary but i have an issue with signing mgt 7 even if it is small company and fulfil all the condition of small company definition(amended) form requires company secretary sign

what should i do

my client has proprietorship & one partnership firm in which he is active partner. he has taken government contracts. the turnover of the individual firm or proprietorship is not upto the condition in which contract is given. if both the firm merged then condition of the turnover is fulfiled. in such situation kindly give me advise

I had applied for Gst registration as composition but department is approved and given registration number as normal tax payer. What to do now ?? I had put in grievances section. Is there any one faced this kind of problem. Kindly help me out.

Treatment of corporate donations

As per the FCRA act, if a company falls under any of the below 3 category, they should be treated as foreign source

1) A foreign company as defined u/s 2(1) (g) of FCRA, 2010.
Definition of “Foreign Company” under section 2 (1) (g) of FCRA Act 2010 w.e.f 1st May 2011 :
“Foreign company” means any company or association or body of individuals incorporated outside India and includes (i) foreign company within the meaning of section 591of the Companies Act, 1956 (ii) a company which is a subsidiary of foreign company (iii) the registered office or principal place of business of a foreign company referred to in sub-clause (i) or company referred to in sub-clause(ii) (iv) a multi-national corporation
Explanation – for the purpose of this sub-clause, a corporation incorporated in a foreign country or territory shall be deemed to be a multi-national corporation if such corporation –(a) has a subsidiary or a branch or a place of business in two or more countries or territories or (b) carries on business or otherwise operates in two or more countries or territories
OR
2) A foreign subsidiary as u/s 2 (87) of the Companies Act, 2013
Definition of subsidiary as defined under section 2(87) of the Companies Act.
(87) “subsidiary company” or “subsidiary”, in relation to any other company (that is to say the holding company), means a company in which the holding company— (i) controls the composition of the Board of Directors; or (ii) exercises or controls more than one-half of the total share capital either at its own or together with one or more of its subsidiary companies:
Provided that such class or classes of holding companies as may be prescribed shall not have layers of subsidiaries beyond such numbers as may be prescribed.
Explanation.—For the purposes of this clause,—
(a) a company shall be deemed to be a subsidiary company of the holding company even if the control referred to in sub-clause (i) or sub-clause (ii) is of another subsidiary company of the holding company; (b) the composition of a company’s Board of Directors shall be deemed to
be controlled by another company if that other company by exercise of some power exercisable by it at its discretion can appoint or remove all or a majority of the directors; (c) the expression “company” includes any body corporate; (d) “layer” in relation to a holding company means its subsidiary or subsidiaries;
OR
3) A Multi-National Corporation as defined u/s 2(1) (g) (iv) FCRA 2010
Explanation – for the purpose of this sub-clause, a corporation incorporated in a foreign country or territory shall be deemed to be a multi-national corporation if such corporation –(a) has a subsidiary or a branch or a place of business in two or more countries or territories or (b) carries on business or otherwise operates in two or more countries or territories

On the other hand,
As per amendment to Section 2 (1) (j) (vi) in the Finance Act 2016 (and subsequently Finance Act 2018) if a NGO received a donation or a grant from a company which was an Indian company registered under the Indian Companies Act, but, with more than fifty per cent share-holding by foreign investors, such a company was no more considered as “foreign source”.

Hence, the question is, whether the following companies i.e. Apple India Private Ltd, Franklin Templeton Asset Management India P.Ltd, Altico Capital India Pvt.Ltd and DSP Merrill Lynch Ltd fall under the category of Foreign Subsidiary? Or under the amended section2 (1) (j) (vi)