Whether any limit to pay salary to directors as per corporate law? And also advice is it fully allowable under income tax act?
hi,
Is it compulsary to include resolution in notice which is to be passed in EGM
hi,
Pls tell me the typr of resolution required for appoint of auditor than retiring auditor and special notice from member is served to the company,
my opinion is as the spl notice is served we require only ordinary resolution
I have been approached by a private limited company to carry on statutory as well as tax audit were my spouse is an employee. Whether if i accept the Audit assignment it amount to disqualification. Please guide me.
Corporates -
Under IT Act, Accounts To Be Audited Before 30th September if Applicable.
My Question is What is Due Date for Statutory Audit For Corporates.
What is written in Companies Act 1956 .
Provide Section.That Companies Should Audit Accounts Before................
Pls confirm
1. Applicability of Sec 192A for the following:
Every business which is a special business of AGM i.e. which has explanatory statement u/s 173(2)as attachment:
- if it is passed as Ordinary resolution
- if it is related to appointment of directors which are either newly appointed or were as addl directors and form 32 is already filed
2. Whether Sec 192 recommends only form 23 does not take cognizance of form 32 as in the above case.
ABC Pvt Ltd follows Depreciation as per Income tax act.
The Company has incurred loss on sale of an asset (block of asset exists after the sale) and such loss is shown as an expense in its Profit & Loss a/c.The same has been disallowed in the IT Computation.
Can the Company treat the loss as above though it has not followed the depreciation as per Companies Act??
Pls clarify.
Thanks in Advance
Name of my company is ABC pvt. ltd. which is registered as a Part IX company. So I would like to ask that whether all the provisions of pvt co will apply to it and its notice of AGM, Director's report and auditors report will contain the same points as that of a pvt co.
Dear All,
Kindly advise, whether Sec 372A of Co Act, applies in following cases:
1. While issuing Corporate Guarantee (CG) exceeding the cap (60% of pd up cap + free resev and also 100% of free reserve whichever is higher)
2. CG is issued by subsidiary to holding
3. If such subsidiary is not 100% subsidiary
Pls give reply case specific and also a combination of all three conds.
Regards,
Sunil
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Filing of Form 1A for name approval