Hi,

can we pay the half wages to labour at the time of payroll period and pay the rest amount at the time of bonus payment. ??
and it's mention in which section or gov. notification ??

As per Companies Act, 2013 a company which is a holding or subsidiary or associate of a company incorporated outside India may be required to follow a different financial year for consolidation of its accounts and may apply to Central Government who may allow any period as Financial year whether or not the period is a year. (From ICAI material)
My questions are:

1) Why will an associate company need to consolidate its FS with another company?
2) Why will the Holding company(Foreign company) in India need to follow a financial for its subsidiary outside India? Doesn't the subsidiary always follow the holding company?
2) What is meant by "any period" is taken as a financial year? Will even few months be taken as a year? If so, can any date be the balance sheet date? If an example of this is provided it will really help me .

Thank you .

Sir
We want to partner in LLP .HOW to join

Mr. A and B ( brother) is holding ancestral property in Maharashtra. After death of B- property was transferred to legal hairs of B.. ( B's Wife and 3 daughter and 1 son residing at Gujrat) . To liquidate the property all 3 daughter and 1 son given POA to their mother. However due to some medical issues the B's wife is unable to Maharashtra to sale the property. MY problem is
1) Whether She can reassign POA to his son or MR. A. ? if not
What is best alternative as legal hairs is not in position to give Revise POA as one of the daughter is at USA.
Whether B's wife can sign documents at GUjrat court ?
Please guide

Kindly send the draft resolution to dissloved the trust

Dear Exprts,
1 The company is deducting the EPF from employees and remits the same to the statuatory authority.
2 How the company needs to account the EDLI admin charges?
3 Whether this amount can be adjusted with employer contribution?
4 If not, could you pl inform the accouting treatment for this charges

Sir.
Let's me know is an employee can cliam salary during suspended period of service.
And maximum period of suspension period .
Please advise

A piece of diverted land was sold and sale deed was registered wherein it is mentioned that the payment will be made in three instalments and accordingly post dated cheques were issued . First instalment cheque was cleared and other two instalment cheques got bounced . Based on the registered sale deed the purchaser got his name entered in the land records

What remedies are available to the seller against the purchaser. Please guide. Thanks

Dear Experts,

1 The company is carrying out the business in the lease hold property since from the year 2010.
2 The lease agreement prepared and got registered with concern register office.
3 One month before, these lessors sold this propery to their relatives.
4 The queries
Whether this lease agreement will be valid for the remaining lease term?
Whether this lease agreement will be valid, if the new building owner gives the special power of attorney, without entering into new lease agreement?

Can increment be given to any staff from retrpspective basis? is their any rule for giving increment on retrospective basis?