Anonymous
This Query has 2 replies

This Query has 2 replies

29 August 2013 at 12:52

Law

Hi,

Our company "X cements ltd" is utilising the transport services of "Y carriers pvt Ltd". The directors of "Y carriers pvt ltd" are relatives to the director of "x cements ltd".

Do the provisons of Sec.297 applicable to the above case and what are the consequences of non compliance



Anonymous
This Query has 1 replies

This Query has 1 replies

29 August 2013 at 11:52

Tution income

IS THERE ANY LAW THAT ASSEESSEE EARNING TUTION INCOME MORE THAN 50000/- PER YEAR HAS TO BE REGISTERED UNDER SOME ACT. IF YES THEN PLEASE LET ME KNOW FULL INFORMATION IN THIS CASE


Govind
This Query has 1 replies

This Query has 1 replies

We receive Commission from Foreign Company in foreign currency against Orders booked in india, we need to know what documents against such commission need to maintain to comply with FAMA/RBI regulation, if any


Sushant Mahajan
This Query has 3 replies

This Query has 3 replies

28 August 2013 at 20:12

Tds under section 195

If an Indian company is using services of a USA company to get its Foreign Receipts realized into Indian Currency received from the Foreign Client in USA.

Will TDS be liable to be deducted on such commission charged by the USA based company for services provided?

Please reply.


Sushant Mahajan
This Query has 1 replies

This Query has 1 replies

28 August 2013 at 19:37

Penalty on revising tds return

If assessee(deductor) had filed his original return on time but due to some clerical mistake TDS of a deductee was not deducted and in turn not paid and hence, not shown in the respective TDS return.

But now, the assessee has paid the due TDS along with late payment interest and he wants to revise the TDS return showing this new deductee in it.

Will any penalty be imposed for this error?

Please reply soon.


CHINMAY AGARWAL
This Query has 2 replies

This Query has 2 replies

28 August 2013 at 19:29

Independent director

can a independent director acquire shares of a company in which he is a director?

what are the concerned provisions in this regard in companies ac 1956 and companies bill 2012



Anonymous
This Query has 1 replies

This Query has 1 replies

28 August 2013 at 15:47

Dafault in repayment of loan

One of my friend has become defaulter in repaying a scheme loan which he had taken from a nationalized bank. Now he is not in a position to repay even Rs. 10000/- against this loan. Bank has sent a letter to him by indicating that they will go for legal action if the loan will not be paid. Now sir, please let me know what may be the highest penalty or legal punishment which my friend will get?



Anonymous
This Query has 3 replies

This Query has 3 replies

28 August 2013 at 15:36

Short notice

Dear Sir,
Kindly let me know the minimum and maximum no of days before we can give notice to share holder for passing ordinary and extraordinary resolution in case of both Limited and private limited company
Also please give me information about short notice

Thanks


Swati Agarwal
This Query has 2 replies

This Query has 2 replies

27 August 2013 at 17:17

Memorandum of understanding

How to prepare a memorandum of understanding in case where the first party agrees to supply monthly fixed production of goods to the second party where the first party and second party have no business connections?

Again whether MOU is required in this case or a written agreement on the company's letter head will suffice?

Please guide.


Sukriti
This Query has 3 replies

This Query has 3 replies

27 August 2013 at 16:29

Compaines act 2012

Sir,
Is New Comapanies Bill Chapter or whole Bill is applicable for CS Executive exam?
In other words i want to know syllabus for Company Law for Dec 2013 CS Executive exams?






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