A section 8 company in India gets donations and funds to carry out its NPO/NGO activity. Donations and grants it received, are taxable income?
Hi,
Dear member,
MCA has Approved the incorporation of my company, where there is no space between Private and Limited (i.e its Privatelimited). but there is no such mistake in the spice form, in spice everywhere there is a space between these to words. so, please guide where there is anything to worry or not?
if yes there is some legal implication of it, how to get it Resolved?
As per the recent update all companies are liable to file INC 22A unless it has intimated ROC about its strike off procedures. But what about a company which has decided to strike off and is in peroid where there is no operations and 2 years has not been completed without operations.??
One Private Limited company had done investment in another private limited company (holds more than 20% of shares) so these are associate companies.
Does consolidated balance sheet is required...?
The articles of association of a company says Explanatory statement u/s 102 of companies act 2013 is not required. But for private placement, special resolution has to be passed and in the explanatory statement, terms of issue has to be informed. In that case, does the company need to give explanatory statement in the notice. If not, where shall it state the terms of issue?
What are the procedure to appoint a new director to a private limited company?
Whether a start up private limited company can issue equity shares without voting rights? if yes, then what are the procedures required to follow and laws governing such issue?
Sir,
A Private limited Company having an Authorized and Paid up capital of 200000. Since Financial year 2016-17 the company is non functional and its Bank Account is non operative. Filing of AOC 4 and MGT7 for year 2017-18 has not been done as Company has no funds available. Please guide me how to get company name struck off from ROC. So that future compliance of ROC is not to be followed Thanks in Advance.
FR & Direct Tax (Regular Batch Combo) For May 26 & Onwards
Section 8 company - what is considered as income