If a minor is entered in to a partnership firm with the consent of all the partners...

My Query is that;
(i) Minor is only in benefits of partnership..
(ii) Minor has no liability, but shares profit then what he also shares the partnership loss..
(iii) Difference b/w Liability & Loss.....?

R.S.V.P.
Aditya Mishra

if a person want to transfer his business(proprietary concern)i.e all assets and also dealership that he is having, to his daughter-in-law who is actualy indian but she is just became NRI from last year and she will continue to be NRI for few more year.
1)Can her father in law transfer business to her(NRI)?
2)Will clubbing of income affect in the above case? Who will have to pay tax fatherin law or daughter in law?

if a company not satisfied with the services of it's CA and wanted to remove him? can anybody suggests that how a company do so?wt point of disqualifications can be used to satisfy the hon'ble board?

dear friends,


pls confirm me under bonus act 1965 if the allocable surplus is greater than minimum bonus payable i.e(8.33%) is it Compulsarily an employer has to pay the bonus at the rate of 20%.or is it enough if he pay minimum bonus


thanks in advance

please advise in order to get 60+ in accounts from which book i should study ?and how to study?

and please advise should i do selective study in law and audit?



and also suggest important areas of law and audit for exams point of view so that i can rely on them and can leave the rest as the course is too lenghty..

Sir,

Pl let me know
Question: What is the treatement of Unpaid bonus continuing from earlier year.

Fact ; Employees have not claimed any bonus that is why bonus could not be paid.

Pl answer the question with reference to law mentioning section or rule as the case may be.


Thanks in Advance.

Dear Experts,

A Private Comapny had Securities Premium Account in its Balance Sheet. The Companay has issued fully paid Bonus Shares. In order to facilitate the Bonus Issue, it had to incur an expenditure to increase the authorised capital. It had also written off these expenses (ROC Expenses to increase authorised capital) to securities premium. Is it correct? Quick replies would be appreciated.

Thanking you in advance

what is the procedure for increase in paid up capital of an unlisted company ?

You are requested to clarify the compliances and ROC formality for Changes in designation from Whole time Director to Additional Director.

Please......

Which one of the two is better option - LLB from WBNUJS or Calcutta University ?? please help..