Sir,
In my case, a Company registered dated 23/05/2012 having 6 directors each holding 2000 of Equity Shares (Details as filed in FORM-1). During the Financial year, due to some disputes among the shareholders, 2 of them resigned on 01/07/2012. We have duly filed FORM 32 on 01/08/2012 for the same.And we assumed that all Shares of the resigned Shareholders transferred to one of the existing Shareholder of the company (have not filed any form for Transfer of Shares).

Now, while filing its First Annual Returns (FORM 20B), we have properly given the details of all the existing & resigned directors (Date of ceasing wherein applicable)

Now, the point is that we want to normally show the shares of resigned directors' (2000+2000=4000) added to share holdings of 1 of the existing shareholder.

Is our point of view is correct according to the provisions of Company Law and process or not?

if not what is the actual process for the same(for 1st FORM 20B)?

Please highlight the same as your earliest.

Sir,

In my case, a Company registered dated 23/05/2012 having 6 directors each holding 2000 of Equity Shares (Details as filed in FORM-1). During the Financial year, due to some disputes among the shareholders, 2 of them resigned on 01/07/2012. We have duly filed FORM 32 on 01/08/2012 for the same.And we assumed that all Shares of the resigned Shareholders transferred to one of the existing Shareholder of the company (have not filed any form for Transfer of Shares).

Now, while filing its First Annual Returns (FORM 20B), we have properly given the details of all the existing & resigned directors (Date of ceasing wherein applicable)
Now, the point is that we want to normally show the shares of resigned directors' (2000+2000=4000) added to share holdings of 1 of the existing shareholder.
Is our point of view is correct according to the provisions of Company Law and process or not?
if not what is the actual process for the same(for 1st FORM 20B)?
Please highlight the same as your earliest.

will an assessee be covered under section 92B audit if his all sales to one party during the previous year which exceeds rs. 5 crore.

dear experts please let me know "how many types of works are there in articleship and which is more important"

Whether the given statement is true or false?/?

Mr. X,practicing Chartered Accountant appointed as a "Tax Consultant" in ABC Co.Ltd in which his father Mr B is Managing Director.

Who are the statutory auditor in Spaze Tower Private Ltd?

The firm has done internal audit for half year (2013-14).Now the client wants to appoint the firm as statutory auditor. Can a firm after resigning as an internal auditor can be appointed as statutory auditor for the FY 2013-14.Kindly provide support for the answer. Case law or provisions governing the same.

WHAT TYPE OF AUDITS ARE DONE UNDER BANK AUDIT
LIKE STOCK, REVENUE AUDIT
PLEASE SEND PROFORMA OF CONCURRENT AUDIT REPORT?

Hi, can any one please tell me what is the difference between gross sales and net sale in bank loan form , kindly tell me what is adding in net sales to calculate gross sales please tell us all particulars.

The tax audit of one firm was completed and Audit report and Statement of accounts were already filed to IT dept. Later on it is found out that certain entries relating to one of the bank account of the firm has not been incorporated in the books of the firm and hence the balances do not matches with bank statement.

Is it possible to reopen the Tax Audit and file a revised ITR and Tax Audit report? The fact that bank balances are subject to confirmation has been added as a comment in the original audit report by the auditor. The client failed to produce balance confirmation for the above accounts at the time and could only produce the same after the completion of audit and filing of IT return.

What are the legal, professional and other consequences that can arise now?

Thanking you in advance