Do NBFC's have to maintain any ratio between the Main Business Income with it's total income?
i.e. for eg. the total income an NBFC is Rs. 100/- (Rs. 60 from it main business of lending loans & Rs. 40 from income from other sources like FD interest etc.)
So in the above eg. the Ratio of Main Business Income comes to 60%.
So my question is, whether NBFC's have to earn a certain % of income from Main business income & rest from other sources?
What is the ratio of it? If specified in the NBFC Act then in which section or notification or circular?
i have a company propritership regd.2008 but we not deposit the service tax .now what to do.
i have bought munish bhandari for final ca law..i wanted to know whether it serves as a reference book only..?and should i study frm d module...
Hi
If any expenses incurred by holding co abroad and they raised a debit note on india for this.
Is there any prior approval is required from RBI to book those expenses here?
Regards
Gurdeep
dear sir
we have member of our demise family member plz tell us that we have can claim amount from saving a/c of our demise member
but we no any any document
nominee oter person out of family member
who also have no any document. but nominee also agree with us(we know that peson signed as nominee in bank)
who have exact right over the amount which lying saving bank of our late member
plz tell us what we should do to claim the amount
dear sir
i m nominee of saving account of my late friend
can i claim that amount, i have no execute any document
further famly of my expire friend also agree
bank has refused to pay the amount to me from savig amountg a/c of my expire friend
can i claim the amount and how claim the amount
who can claim that amount meas family member can claim?????????
bank says me show affidavit . but i have no
One of the direcotrs of the company wants to resign from directorship, only he has digital signature certificate, there is two directors in the company and one more will be appionted as a director.whether resigned can sign Form 32 for his resignation and appiontment of another
In a parking place 2 cars can occupy comfortably, but the builder has given general car parking to 3 persons ie 1)SF 2)FF & 3)UGF as per the registered sale deed. The FF & UGF have their car on the parking for the last 3 years. Now,SF the 1st registered owner buys a car, but the other two(FF & UGF) not allowing to park him on the place. Builder is not co-operating, the neighbours are silant, the broker is helpless, i am an innocent to whom shall I approach to get justice since i am the 1st person who got possession of SF with car parking. I sought your valuable advice and suggestion.
33. Judgment and decree.
The Court, after the case has been heard, shall pronounce judgment, and on such judgment a decree shall follow.
Question Difference Between in generral & also as per section 33 which has been abovementioned. Please solve the query with the suiable examples.
Thanking u all experts in advance.
Dear Sir,
We have a employees gratuity trust, whose fund are being managed by ICICI.
This trust is an un-registered one.
Can you let me know, what is the mandatory requirement of record maintenance of meetings of trustees & its permitted frequency ?
Its URGENT.
Subhash Jha
Live Course on GSTR 9 & 9C for FY 24-25(Detailed discussions, FAQ, Case studies and Live demo of GSTR 9/9C on GST Portal)
NBFC-Ratio of Main Business Income with Total Income of NBFC