Dear Sir,

We are opening a partnership firm to run a Travel Agency in Bangalore. Kindly let me know the Registrations required for Travel Agency.

please explain sec6 read with schedule 1A of the companies act,1956

Dear sir,
A small group of individuals wants to start a business of FOREX TRADING using own funds(Objects of the company- Equity trading, FOREX TRADING & consultancy services) by contributing RS 50,000

Whether any permission required by any authority like RBI under FEMA or Money Laundering Act?

can anyone tell me what is the difference between Tacit and Implied contract with example??

Can a Christian Family form the HUF, as the Jain, Sikh Families form HUF?

A Company with paid up capital of 6.5 crore not appointed full time company secretary. Now on the basis of filed Balance Sheet MCA issue a notice for this.

Pls advice on this matter.

What is the penalty for not appointing CS in Companies Act ?

Is there any Compounding Provision ?

Mr. A of goa ( exporter) purchased goods from Mr. B of goa. For this transaction , Mr.B of goa purchased goods from Mr. C of Karnataka & unload goods in vessl in manglore port in karnataka for Mr. A.
Please tell me the applicable taxes between A & B & between B & C. Also, applicable forms if any for lower tax or exemption .

WE HAVE (ABC LTD) SENT A MACHINERY TO A CUSTOMER ON DEMONSTRATION PURPOSE FOR 2 -3 DAYS HAVING MACHIERY VALUE OF Rs. 50 LACS.

HE HAS PREPARED A AGREEMENT ON OWN COMPANIES LETTER HEAD.

IN CASE MACHINERY DEMAGE 100% ON THE SITE OF CUSTOMER.


1. CAN WE FILE A CLAIM AGAINT THE
MACHINERY TO GET THE CLAIM.
2. CAN WE RECOVER AMOUNT OF LOST OF
MACHINERY FROM THE CUSTOMER.
3. CAN WE FILE A CLAIM WITH INSURANCE
COMPANY.

PLEASE ALSO CONFIRM AGREEMENT SHOULD BE PREPARED ON STAMP PAPER PAYING THE STAMP DUTY OR NOT.

A person is carrying trading business. He is Operating business by creating four Pvt Ltd Companies in which he and his wife are directors in 50:50 ratio of shareholding. He is also running a partnership firm in which he and his wife are partners in the equal ratio. The whole process of business is as follows:
1. They are raising unsecured loans in personal names and transfer the same in one of the company. Company is paying interest and instalment of that interest by the company’s cheque directly to the bank/financial institution.
2. No TDS is being deducted from these payments.
3. Directors transfer funds to purchase property in their personal names.
4. Interest of Rs. One Crore per year is debited to the profit and loss account.
5. Limits CCs of Rs.10 Crore had been raised in the relevant companies but used for purchase of property.
6. No enough working capital is left in the business and they raise further loan secured or unsecured or home loan.
7. No statutory compliance have been made.
8. Furhter they create a vogus proprietorship firm and the turnover is Rs 2 Crore per year and the whole sale from this concern is in cash. There is no cash in the books but they deposit lacs of Rupees in bank from black money.Cash balance is also negative which will be made positive from receiving cash from old accounts of bad debtors.
9. They are using faque Form C for avoiding sale tax in the above concerns.
10. They are not registered in PF ESI Shop Establishment Acts.
In the above all they are evading lacs of rupees sale tax service tax income tax and not paying the employees their salaries in time.From April 2010 they announce increment in our salary but we have not received arrear of salary from April 2010 to Dec 2010.We have not received our leave encashment for the financial year 2010.
My problem is that I was the previous accounts head of this concern and they are threating me that if I say something to someone they file a FIR against me or theat me by saying that they can destroy me and my family.

I humbly request all the members of CA Clubindia to help me by suggesting where to complaint against these concerns by not disclosing myself or keep my identity confidential.


Thanks

I have two due of PF against Ingvysya Bank ltd.( time of service August 2008 February 2009) & another share broking company ( time of service July 2009 to January 2010).

I have apply to both the company for PF claim (full and final payment) in January 2011 but till date did not get any reply/due amount from authority.

When I have call to Ingvysya HR depptt. To know status of my PF claim application they people reply that they have forward my application to their head office Banglore on 04/02/2011, & yet not get received acknowledgement from Banglore office. They even told us after getting acknowledgement from Banglore office it takes abour 90-120 days for dues amount clearance.

My querry is whatever rule govern PF it says about maximum 30 days for clearance of PF claim. Then why should company ( ingvysya bank ltd) taking this much time for dues?( i.e. delay in submitting document with PF depptt.)

As PF is employees own money, how can authority delay such clearance?

Is there any other ways to get my PF claim immediately?how?

Towhom shall I complain for clearance of my both dues?