Dear Sir,

There is One Firm , started business in 2013 but yet not applied for pan card & not even filled ITR as no PAN Card.

Still today only 3 lac turn over in banks. Should i apply pan card & file old itr or start new firm from 01.04.2016 ?

Thank you

Hello sir,
Greetings of the day.
We having partnership firm contain two partners i.e Son (X) and Father (Y).
Recently Y passed away. For all banking transactions Y was only authorized person.
We explained to bank officials all these regards and then bank manager asked us to take death certificate and legal hier certificate.
in this matter we planned that introduce Y's wife as nominee. so that we planning to ammend the deed.
So, please kindly inform that whether we have to amend the deed and kindly provide the format for this.
Kindly help us.
Thanking you

1. Can A be a coparcener or member of his son's HUF, i.e. where his son is Karta?
2. Can A , who has 3 sons, form a HUF only with one of his sons, to the exclusion of other sons?

Please advise

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PF Act applicable to Companies employing 20 or more persons. In our company total number of employees 65. But, only 5 persons' salary is below 15K. All others' salary is more than 15K & therefore they fall under excluded category.
1. Is PF Act applicable now?
2. If management increases those 5 employees' salary more than 15K, will then PF Act be not applicable to our company?
Request experts to kindly clear my doubt.

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Dear Sir,As per CARO,2015,CARO is not applicable to a private limited company with a paid up capital and reserves not more than rupees fifty lakh and which does not have loan outstanding exceeding rupees twenty five lakh from any bank or financial institution and does not have a turnover exceeding 5 crores.Do loans include both secured and unsecured?