sir i have an query that my client is director of the company running a pvt. ltd. company in India since 2008 with object of the company is to developing software . in the financial year 2009-10, 99% of shareholding of the company has purchased by u.s.a. based company therefore my company becomes subsidiary company of u.s.a. based company and the status of my company has convert non- residence company in India. Now the u.s.a. based company has received contract in u.s.a. to developing software and he has transferred funds to its subsidiary company in India to developing the software because the manpower cost is cheapest in india. my query is :-
1. the fund transfered from u.s.a. based company to its subsidiary company is income of the subsidiary company
2. is any tax liability will payable by subsidiary company in india on funds received from holding company
3. is there nay liability of giving service tax

Hi all
Can an AGM take place if the books of accounts are not Audit ?
I have transfer case, a PVT LTD company have asked me to get its books audited for F Y 10-11, now in DEC 2011.
Earlier Auditor have given me NOC of DEC 2011.
Can i file ROC return with AGM being held on due date i.e. 30/09/2011 and my audit report current dated?

I have made mistakes in filing the two annual return forms and these have approved status. I am not able to file these again as the prescrutiny error says these are already filed. Please guide

Respected Experts
for licencing of a Sec 25 Co form 24A is to be submitted to the Registerer of Company & then the News is to be published into 2 News papers - as per the procedure that News Paper ads is also to be intimated to ROC - Now the Question is how to intimate such News Paper ads to ROC - is it manually or through any e form
Thanks
Debashis Mandal

I wish to close the Private Limited Company established by me. This has been dormant from a revenue earning perspective for over 3 years. Please point me to the process and forms to be filled/filed in this regard.

Suppose A is listed co. wants to form subsidiary in india as pvt ltd co. say for e.g. B Pvt Ltd, A ltd want to form 100% subsidiary. NOw A ltd will hold more than 50% shares through its Managing Director. Now should A company needs to appoint its director as nominee in subsidiary who will held rest of %. ?

Dear All,

Is it mandatory for a Company Secretary to sign a Balance Sheet. What would be the effect if he does not sign the same for any reason.

BR,

Hi, we are a proprietorship firm and now forming a new company (Pvt. Ltd.) with an authorized capital of 1 lac. I had a query about the authorized capital.

What are the key concerns in deciding about AUTHORISED CAPITAL? How does it matter if it is a small amount or big amount?

Hi friends,

can anyone please tell me what is the FEMA procedure, when shares are allotted to an American national for consideration other than cash.

Please suggest friends...

please provide only Sample of letter to send shareholders in consolidation of shares.