Anonymous
06 February 2010 at 14:31

Company's non compliance

Sir, A Company which is paper manufacturing company has not submitted annual filing form
(Form 23B, 23AC/ACA, 20B) from A.Y. 2004-05. Now, if company wants to file compliance related filings, then how much additional fees must be paid?

kindly give me reply as soon as possible..


Bhakti
06 February 2010 at 10:17

ROC filing

The companiy is not falling under tax audit clause and hence no tax audit is carried out and hence no audit report(CARO) has been issued.
While ROC filing of 23AC, Whether accounts were audited or not? In that section NO option is not allowed to be selected.
If i write yes then what should be entered as audit report date? as there has been no audit report.


Guest
06 February 2010 at 01:17

Credit Card Banker

I may post my query for your views.

Query :

Even though the card holder is very prompt and regular in his payments for the usage of cards, whether the bank official has a right to take a decision to close the card accounts because the offical is unable to reach the card holder and the purpose of call is merely to give updation (matter is not known) to the card holder. Is it possible by the bank and is it fair on the part of the bank ?

Await experts' views.



Anonymous
04 February 2010 at 15:04

gratuity

what is the minimum amount of gratuity, if any, that has to be given to employee by employer.


K.Govindarajanpro badge
04 February 2010 at 14:24

Providentfund Act

Dear Freinds . I have one dobut regarding structring salary under PF Act . Is there any limit like e.g 50 % of salary should be basic salary , remaining can be paid by way of allowances in PF or in any other act . Please help me with some case laws if possible .


CA Suresh Choudhary
03 February 2010 at 13:37

Home Loan by the Director

Can a Pvt Ltd Company become a co-applicant in the Housing Loan of the Director of that Company?

If yes what is the Maximum amount to be mentioned in the resolution passed by BOD in the board meeting? ( I mean is there any restriction related to paid up capital). In otherwords, if paid up capital of the pvt co is 4.5 crores then can resolution can be passed for 6 Crores of Loan.

Reply its urgent.


V MURALIDHARAN
03 February 2010 at 12:13

Karnataka state -professonal tax

One of my clients is promoting a holiday resort in karnataka.The construction is going on inthe name of the company X.
All the expenses relating to the company
was transferred to the company Y as Y entered into with Joint venture with Z for the joint promotion of the project. The transfer of expenses incurred by X took place on 31.03.2009.The professional tax officer wants to cover the company Y in which he wants to assess the libility including the expenses of X since the project commenced.The Resort is still under construction and has not commenced the commercial operations.
Kindly advise:
1. Whether profession tax is applicable
inspite of the fact the company has not commenced its operations?
2.Even if applicable whether he can add up the expenses incurred till 31.03.2009 in the company X ?
3.What is the interest rate applicable and the penal provisions?
4.The fact is that both the registered offices of the company are at chennai where as the project is in Karnataka.
whether the company can opt to pay at chennai if tax is applicable?
5.Can I have the link to the Karnataka profession tax act and rules(latest) applicable?
Thanks for the guidance
Muralidharan
Chartered Accountant
09600933390/09686857540


Michaelmanian
03 February 2010 at 10:46

Foreign direct investment...

A domestic private company engaged in distributing cosmetic product has a foreign ivestor who interested in investing in it. The foreign investor is a person of indian origin (his wife is indian.

Would like to know the formailities and procedures to be complied for him to be able to remit the funds.


CA Saurabh Shukla
03 February 2010 at 05:42

Educational Trust Deed

In Noida, where can we Registered Educational Trust Deed.



Anonymous
02 February 2010 at 23:50

preparation for case studies pcc level

hi sir, mam
pls tell me how to prepare for law case studies...
n how to learn various sections...????
my attempt is may 2011





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