There is a cluase in CARO to report if there are any undisputed tax liability which is outstanding fore more than 6 months as at the end of the financial year.
If a company doesn't pay advance tax at all this means that there is a default for more than 6 months as first installment was due on 15 June and advance tax is income tax in nature. "Income tax" is specifically covered in this clause. It is also a default as we pay interest u/s 234C at the time of filing return.Please guide me should this default be mentioned in CARO
A company has been newly incorporated in India which, in the previous year has not commenced it's operations. Since operations have not yet begun, a P & L A/C needn't be prepared.
However, w.r.t Preliminary Expenses/Pre-operative expenses, are we required to preprare a P & L and write off the same, or can we carry it forward to the Balance Sheet.
Please quote relevant sections in this regard.
Can any one give me a detailed note of preferential voting rights
whether provision in AOA is required to appoint M.D. in case of private limited Company
We have equity shares of two denominations
-200000 sh@ rs 10 each
-200000 sh @ rs 1 each
now while filling up form 20B there is only one column for filling up number of equity shares and nominal value of equity shares.what should we do?
We r having one Joint venture with another party having 50-50% shareholding. We are purchasing the 50% shareholding of that party and terminationg the JV Agreement with mutual consent of both parties.
So tell me wht is the procedure of the above and also send me the formats of the required documents/ resolution if any.
Waiting ur reply.
Thanking you.
We r having one Joint venture with another party having 50-50% shareholding. We are purchasing the 50% shareholding of that party and terminationg the JV Agreement with mutual consent of both parties.
So tell me wht is the procedure of the above and also send me the formats of the required documents/ resolution if any.
Waiting ur reply.
Thanking you.
we have formed a pvt ltd co and plan to take over our own proprietry co by an agreement Do we take new sales tax no and excise regn?Also our works is in midc leased so if transfer of name in midc records ?weare taking over all assets and liabilities and existing proprietor is a director in tha new pvt ltd co MIdc has leased to our co op socity so we can add this new member in society records without paying transfer charges to midc ?
Anyone can please explain the role of CLB(Company Law Board). and who is the central govt. in respect of companies act for (ex-we have to take approval of central govt for conversion of public co. in pvt co. ) and many more such examples
hi
what is the provision regarding the "place where agm can be held???"
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CARO Re[porting requirement