CA Umesh Sakpal
This Query has 1 replies

This Query has 1 replies

15 January 2010 at 10:08

How to calculate the Average Profit ?

In the case of company Under section 293(1)(e) or under section 293A : the contribution should not exceed 5% of average profit of last three years , but in the case of losses in all three years or in any of the preceeding three years , how to calculate the average net profit ?



Anonymous
This Query has 2 replies

This Query has 2 replies

14 January 2010 at 18:32

INDEMNITY CONTRACTS

ARE INSURANCE CONTRACTS INDEMNITY CONTRACTS?


Rohit Agarwal
This Query has 7 replies

This Query has 7 replies

14 January 2010 at 11:23

Lease Rent

what is the disclosure requirement for lease rent in Profit & loss account and under which account head it should be disclosed....


NEHA V SHARDA
This Query has 1 replies

This Query has 1 replies

M offered to sell his land to N for 2 Lac. N replied suporting to accept the offer but enclosed a cheque of Rs.50 thousand only. He promised to pay the balance of Rs.150 Thousand by monthly instalments of 50 Thousand each. It was that N counld not enforce his acceptance because it was not an unqualified one.(Neale vs. Merret[1930] W.N.189]

Kindly let me know, what does unqualified mean?


Rohit Agarwal
This Query has 4 replies

This Query has 4 replies

13 January 2010 at 19:36

Schedule Vi + Rent

Whether disclosure requirement for rent, rates & taxes as per schedule Vi is to be done separately for :

rent on immovable properties
rent on others

or it can be shown under one head as rent, rates and taxes

or any other such disclosure, if any with appropriate references to the said act or schedules....


Guest
This Query has 4 replies

This Query has 4 replies

13 January 2010 at 13:39

Loan

can a pvt. ltd. co take a loan from the shareholder???
is it violation of co act??

and also from relatives of shareholder and directors???


manojagatheeswari
This Query has 4 replies

This Query has 4 replies

11 January 2010 at 12:44

Partnership

While drafting Partnership Deed whether we should specify the fixed capital amount in the Capital Clause?
Under which section it is compulsory?


Bhakti
This Query has 3 replies

This Query has 3 replies

11 January 2010 at 10:49

Name change

Is filing of form 1B is mandatory in case of change of name of a PRIVATE LIMITED compnay?


karan
This Query has 2 replies

This Query has 2 replies

10 January 2010 at 14:32

small scale industrial undertaking

hi
can anyone tell mein briefly about small scale industrial undertaking and how and where to register small scale industrial undertaking and what are the documents required for registartion

thanking you in advance


Maheswar Reddy Chandra
This Query has 3 replies

This Query has 3 replies

09 January 2010 at 11:15

Unsecured Loans in a Company

My question is whether a private company has to take unsecured loans only from its directors or from outsiders too?






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