Sir
My client wants to receive a payment of Rs.1.5 crore from a foreign party in his bank a/c for the purpose of investing in a Land in India. (Both are like partners in it).
Now under what heading we should take payment so that we don't get stuck under the laws of FEMA?
Also we can't take it as a gift as it will become taxable in my client's hand.
Kindly suggest.

Thanks and regards.
Ankur Soni, ACA

A private ltd. co.has alloted shares in the name of partnership firm.
form 2 filed and approved by ROC.

how to rectify this mistake?

Can anyone tell me how to find registration no. of pvt ltd company. I know every detail regarding company including CIN but I m not able to find registration no. in MCA site........plz reply......

Dear sir,

I need to know whether a partnership firm incorporated in india can make the payment for the purchase shares of indian company,on behalf of Non resident who is one of the partner of the Firm.
Shares will be owned in the name of NR partner. Firm want to make the payement only.
Is it permissible ?
Please reply as soon as possible on urgent need.

Thank you
Regards.

Respected Experts,

I want your guidance on one of my friend's sirname. Actually her documental name(i.e. in qualification certificates) is 'Sakshi Rani" but she is doing job by the name of "Sakshi Rana". Actually she is rajpoot.She got her and her father's sirname mistyped on her high school certificate.It was written "Rani" instead of "Rana". She applied for the correction in the same. Later on she got a new corrected certificate from the board. But in this new certificate her father's name was absolutely correct but her name was again metioned "Sakshi Rani" instead of "Sakshi Rana". Now she is doing job by the name of Sakshi Rana.She is also having PAN in the name of SAKSHI RANA. Now my question is if she should continue working with the name Sakshi Rana or she should start doing job with her documental name i.e. Sakshi Rani which she doesnt want to..

She is not in income tax limit as yet thats why she never filled an income tax return, but now she will have to...

Kindly guide her about the same. Can she work with the sirname "Rana" or not? If not, then is there any solution of this problem like any affidavit or something bcoz she wants to continue with her original sirname " Rana"?

Pls guide her.

Thanks

Pooja

I have registered for IPCC after passing CPT this June, I have came across various laws and Acts stating that applicable through out India except the state of J&K why it is so,

Dear Expert,

I would like to know about the initial steps to be undertaken to constitute a charitable trust in Kerala. The stamp papers, minimum trustees required. Could you please provide me a brief advice on the same? I would be highly obliged if you provide me a link to any of the websites to get an elaborate view.

Hi,

Please let me confirm the section containing the article regarding 'Validity of Non Attested Stamp Paper PhotoCopy"

My client gave shop on rent, in the last month. After a month lessee does not pay any rent. Please suggest for him... What he do...

share application money received from foreign country and allotted preference share capital what are the formalities followed by a company regarding fema act and RBI rules it is private limited company .