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GOPAL JOSHI
12 September 2009 at 20:27

Refund of Share Application Money

Hi,
Can a Pvt. Ltd. Company refund some part of share application money, if shares are pendining to allotment? And same money is received from foreign?
Please answer as soon as possible with section, because this is required for TAX AUDIT.

Thanks.


RAGHAVENDRA BHAT

I am from Columbia Asia Hospital P Ltd. One of our vendor has supplied a lab equipment on lease basis. Its market value is around Rs 25lakhs.The agreement is as follows - the vendor supplies the equipment freely, but we have to purchase the consumables which is to be used for that equipment from him only at agreed rate for 5years with a minimum of Rs 50000/-per month. After 5yrs our company will become the owner of the equipment. During this lease period we need to bear AMC cost.How to treat this as Asset in the books??? The estimated life of Asset is 10yrs.Kindly advice.


Anwar Shaikh
12 September 2009 at 16:14

Applicability of CARO

Hello Experts,

Can u pls tel me that , can CARO-2003 is applicable to STPI
STPI means Soft. Technology park of India & not the companies registered under it.

Please tell me any refrence for applicabality or non applicability of CARO to STPI


dipak
12 September 2009 at 14:47

coporate veil

i m unable to understand of concept of lifting of corporate veil plz give me some examples on that concept ?


BHAGYESH RAVANGE
12 September 2009 at 13:07

MAT CREDIT

My question is :

Our company has paid the previous year tax as per the MAT, but the entry of the same is not reflected in the books of accounts, so can we get the credit of the MAT in the current year or the coming year as per the I.T Return filed by us.


Rama Mahawar
12 September 2009 at 12:30

Promoters of Company

hi,

I have 2 queries

1) What does promoter of a company means? The director recruited at the time of formation will be termed as promoter?

2)con a company be a sister concern of two different companies??

Waiting for the prompt reply

Thanks in Advance...

Rama


Hiren Rupabhinda
12 September 2009 at 11:35

Company Law - Trf to general resrve

Is There any copulsion to pvt. ltd. company to transfer the profit to general reserve in case of profit.Is there any minimum proportion which must be provided?


kapila sethi
12 September 2009 at 11:23

board meeting

can a single director call a board meeting when company has four directors


jitinder singh
12 September 2009 at 10:43

regarding Pvt Limited Company

sir/Mam

I have a Pvt Limited Co..which was established in 1986,,but since 2006 the company has not been operated and no return has been submitted.Plz guide me if i hv to operate the same Co..

thanx/Regards


CA Puneet Jethliya
12 September 2009 at 07:43

disclosure req. & SEBI

1. what are the disclosure required to be made in prospectus in respect of promoter or promoter group ?
2. what are the consequences of failure to get shares listed in recog. stock exchange ?






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