1. I and my partner have signed a partnership deed on 09 Nov 2012, which has been duly notarized. The firm has not been registered yet. Due to certain unavoidable circumstances we have decided to dissolve the partnership. The firm does not possess any property or assets. During this period the firm has also not transacted any business and has no outstanding dues. It has not even opened a current bank account. However, Pan Card has been issued.

2. Can you please help me on the following aspects:-
(a)Procedure for dissolution by mutual consent in this case.
(b)Disposal of the Pan Card.
(c)A sample deed of dissolution that would be suitable in the stated context.

If a citizen of America i.e N.R want to purchase a property in India who is neither NRI not a person of Indian origin nor resident in India, so can acquire a property in India?
If Yes then what are the repatriation effects ?
What are the taxation effects on TRF OF Property?
Please suggest....

Sir,in our group we hv 10 pvt Ltd & 1 Ltd companies out of which 2 co.s ( 1 Pvt Ltd plus 1 LTD) having paid up capital is more then Rs.5 crores.So as per co.s act we have to appoint a whole time co. secretary.So our quiry is :-
1.Since all these co.s are under same management and in one group as such whether one whole time co. secretary will be enough for both these co.s

2. or we hv to appoint two seperate whole time co. secretary for ecah of these co.

pls. advice

Hi,

I have a query regarding appointment of Company Secretary in a Company, whereby section and rules do not specify that appointment should be in Board Meeting.

Suppose a CS resigns at Board Meeting, meanwhile company appoints a CS and in next Board Meeting it is possible for the Company just to take note the appointment.

If I m doing conversion of pvt. ltd. co. to LLP according to the provions of 47(Xiiib)of income tax act then where will the accumulated reserve of the co. will go as clause 47(xiiib) of I.T. act says that
"no amount is paid, either directly or indirectly, to any partner out of the balance of accumulated reserve standing in the accounts of the company on the date of conversion for the period of three years from the date of conversion"

Pls help me...!!!

Hi,
Can anyone please let me know is there any minimum capital requirement in case of Power/Energy Company. If So please tell the section or rules relating to it.

Thanks n Regards

can you tell me that it is compulsory for a company to made a provision for depreciation ??

we have appointed auditor on AGM on 27/09/2012 for f.y.12-13. and he accept the appointment . But after 7 days he resigned. now what we have to do ? whether we have to call EGM FOR APPOINTMENT OF AUDITORS, PREVIOUS AUDITOR HAS NOT FILED THE FORM 23B, IF CALL FOR EGM, THEN WHAT IS THE PROCEDURE AND WHAT IS THE FORMAT FOR CALLING EGM, AND WHAT IS THE FORMAT OF LETTER FOR SENDING TO NEW AUDITOR

You are requested kindly send draft Resignation Letter of Partner from Partnership firm Resignation Letter of Partner from Partnership firm

Hi,

If the employees salary exceeds Rs.6500 and if he is existing employee for P.F deduction, then he can have a choose of deducting P.F on whole Basic Wages or Rs.6500.

but in case he chooses to deduct on only Rs.6500 then what will be the P.F amount deduction in following case,

Normal Basic Salary Rs.20000
Month Basic Salary (due to leave taken) Rs. 18000

So my Query is since he pays on only Rs. 6500 his P.F would be 6500*12%=780
OR
18000/20000*6500=5850*12%=702

Thanks in advance

Sweta