One of the trust is registered in Maharashtra, they want to use the trust fund for construction of building and then they are going to donate this building.

Please let me know whether this is permissible and do we have to take permission of any authority?

I have my exam in may 2013. with the passing of new companies bill, how will it effect my syllabus? should i start preparing for it now or should i wait for the amendments?

Dear Sir,
An Indian Company Receiving a Inward Remittance from NRI for Investing in a Shares of a Company. Amount received from F.Y. 2010-11 to F.Y. 2011-12.
Query:
1. The Company has not intimated to RBI within 30 days of receipt.
2. But Alloted Shares?
Please Guide on these issue whether now it can report all the remittance in a form FCGR?
Any other Procedure should follow on this regard?

Some of Non Residnet person has aplied for share capital in ABC Ltd. as under:-
Mr. X on 17.10.2008, Rs. 67,50,000/- INR
Mr Y on 19.12.2008 Rs. 52,00,000/-

Mr Z on 19.12.2008 Rs. 51,00,000/-

All the money came directly from abroad through Demand draft /RTGS favouring the above ABC Pvt. Ltd.. Copy of Bank request Letter and Application of depositor requesting for allotement of Preferential share is enclsoed.


ABC Pvt. Ltd. has kept the above amount as unsecured loans in his books. All the NRI ( X,Y, AND Z) is ready to give in writing that they will not repartiate the amount and this amount will remain in India forever. Copy of their pass port and other documents through which fund is transferred is enclsoed for your kind perusal.

Further M/s. ABC Pvt. Ltd. is registered with ROC Jaipur with main object of Cement and RMC manufacturing and trading but due to some reasons or other ABC Pvt. Ltd. could not commence any business and amount received from NRI X, Y and Z is deposited with SRM Pvt. Ltd ( A company engaged in Manufacturing and marketing of Ready Mix concrete) . as share application money and SRM Pvt. Ltd. has allotted the share capital to ABC Pvt. Ltd. at a premium. Now ABC Pvt. Ltd. is planning to increase his share capital and then allot the shares of Rs. 10/- to X, Y, vand Z at a premium of Rs. 190/-in the month of Nov. or Dec., 2011.

What formalities is required to be completed

Please advise

WHAT IS DIFFERECE BETWEEN TIN NO & TAN NO

is all private company compulsory to registered & get it TAN NO & TIN NO?

What is the ceiling limit for payment of directors remuneration?

i am in cs executive module 2
i have read sangeet kedia"s book(all 3 subjects)
i know all the provisions(i guess)..
but i am confused whether i will be able to write in exam or not..??..

Dear Sir,
I have lend money of Rs.1 Lakh on promissory note my Qstion is.
1)what the stamp to be affixed in Maharashtra State ?
2)whether the amount of Rs.1 Lakh can be lent in cash on the basis of promissory note?
3)Are Witnesses are required in P.Note?
4)How much money can be lent on the promissory note?
I have taken Cheque of Rs.1 Lakh as additional security now he is defaulter can the above documents would be sufficient.there is also above entry in my books of account.

what is the procedure for registerasion of partnership? can u tell me briefly? i want 2 do it as fast as possible.

When an employee changes his job does his PF account automatically gets transferred or he has to apply for it?
Also if there is a time lag say 7months during which his new employer is not going to pay him PF then is it necessary for the employee to withdraw amount from the PF account, or the previous account will still remain active and be transferred. Is there any time limit specified during which the amount in PF account should be withdrawn.