akshay
This Query has 2 replies

This Query has 2 replies

24 June 2013 at 13:06

Advances to directors

does any advances related to business given to directors of public co. attracts sec 295??


ankita
This Query has 2 replies

This Query has 2 replies

23 June 2013 at 18:13

Issue of preference shares

A company has its authorised capital of Rs.50 lakhs. It wants to issue preference shares.
The authorised capital will increase from Rs.50 lakhs to Rs. 1.5 crores. Whether I can increase authorised capital by issuing 50% equity shares & 50% preference shares.Give sample resolution for the same.


balireddy
This Query has 1 replies

This Query has 1 replies

22 June 2013 at 14:45

Affidavit format

hai sir/mam,

please send the affidavit format given by the directors in winding up of a pvt company


D. R. PHIRAKE
This Query has 2 replies

This Query has 2 replies

Senior member of ICAI in practice named as Mr. S is unable to sign the audit reports due to physical problem to his right hand (writing hand).

Can another member who is also in practice be authorized to sign the audit reports on behalf of Mr. S ?

If yes, then please give the legal provisions and procedure for authorization.

If no, then what the purpose of s. 26 (1) of the C.A. Act, 1949 which is as under-
"26. Unqualified persons not to sign documents.
(1) No person other than a member of the Institute shall sign any
document on behalf of a chartered accountant in practice or a firm of such
chartered accountants in his or its professional capacity."
Please advice.


Kishan
This Query has 6 replies

This Query has 6 replies

21 June 2013 at 18:46

Annual filling

ANY BODY GIVE ME FULL INFORMATION ON ANNUAL FILLING.EITHER PDF,OR PPT.


ragav
This Query has 15 replies

This Query has 15 replies

I am planning to start ITES (Information Technology Enabled Services) work from home. I am an individual and not a company. Two other people will help me like a team who will be paid by me. This work involves doing medical transcription work. I will get assignments from US and New Zealand via Email and I will send the finished work through Email.

The employer will send us service charges based on the volume of work I do on a monthly basis. This project can last from 3 to 5 years, and we will get paid monthly like salary in US Dollar from a foreign bank to my indian bank via wire transfer (approximately 1000 to 1500 USD per month).

MY DOUBT IS:

1. Whether this is an export? (since we do not send any goods and we render services only online)

2. Whether we need an Import/Export code (IE Code) for this type of transaction. Private banks are not asking for IE code but when I approached Bank of Baroda, they asked it.

3. Whether FIRC (Foreign invwared remittance Certificate) is required after they pay me.

4. Whether this needs current account or savings bank account?

From going through various QnA on this forum, some are saying IE code is needed and some others saying, its not needed.

For example, pls see the following links.

"https://www.caclubindia.com/experts/iec-code-for-export-of-services-440420.asp


https://www.caclubindia.com/experts/import-export-code-726955.asp

http://yourstory.in/2012/01/import-export-code-for-service-providers/ require ie code for exporting a product service outside of india."

Okay in case of benefit of doubt, in case I apply for IE code now, nothing is wrong right. In case I apply for IEC, I don't have company, so can I apply in my individual name?



Anonymous
This Query has 7 replies

This Query has 7 replies

21 June 2013 at 12:18

Roc filing and intimation

DO WE NEED TO INTIMATE ROC FOR ANY EMPLOYEE DRAWING MORE THAN 200000.PLS DO THE NEEDFUL.


ankita
This Query has 3 replies

This Query has 3 replies

20 June 2013 at 23:26

Addition of director & shareholders

I have filed for 1A with 2 directors & 2 shareholders.Name is approved. But now I want to make addition in directors & shareholders while filing Form 1.what is the procedure for the same.


Praveen
This Query has 5 replies

This Query has 5 replies

20 June 2013 at 19:01

Company law

APPOINTMENT OF DIRECTORS BY MEMBERS IN GENERAL MEETING
need explanation for sec.255 and 256


CA Bhavin Mehta
This Query has 2 replies

This Query has 2 replies

20 June 2013 at 16:21

Din format logic

Please provide the DIN Logic






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