Guest
06 February 2010 at 23:02

SEC: 224(1B) OR ICAI NOTIFICATION

A CA can perform 20 co. audit of which 10 public co. will be co. in which the paid up capital is 25lacs or above.

where does this written? is it in sec: 224(1B) or on ICAI notification issued under CA act 1949.



J YAMINI
06 February 2010 at 18:40

Payment of bonus act,1948

What is factory according to the payment of bonus act,1948?Does it includes only manufacturing process or it will activities like packing etc.,
Even if a person get a salary of Rs.10000/- for him the minimum bonus will be calculated only from the Rs.3500/-?


Pratik Nitin Vyas
06 February 2010 at 18:02

case laws

Quite a few documents reflect the presence of two different types of clauses in an agreement. The agrement may be of any kind. Take for instance an agreement to sell or agreement to rent out a property. One clause may read that "any dispute must be referred to abritration under the Arbitration and the Conciliation Act". There is also another clause which may read that "Äll Disputes shall be subject to the jurisdiction of courts located in ------------city." If these two clauses are present in a single agreement it gives rise to difficulty as to which will prevail. There is a judgment delivered by one of our High Court in a similar and rare case of this kind holding that the power of court will prevail the power of arbitration. In other words the arbitration clause cannot supersede the jursidictional clause of courts.

Case Laws Required or the full summary of the case laws please give me.



Anonymous
06 February 2010 at 14:33

Transfer of creditors in companies

Company is not doing any business from A.Y. 2005-06 but wants to transfer creditors in director's personal A/c so what procedure should be followd?



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.






CCI Pro



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