As per Companies Act, for New Assets purchased during the year costing less than Rs 5000, dep shall be charged 100%. Now,
a) THis 100% means that Asset be fully depriciated during the year of purchase or dep shd be charged at 100% for the no of days Asset has been used?
b) If there is purchase of say 10 chairs each costing Rs 3500/- totalling Rs 35000/-. Out of them only 5 chairs have been put to use during the year. Now what & how should the dep be charged over this purchase transaction?

Whether Co's Amendment Act 2008 will be applicable for Nov 2009 exam? Whether preparation based on Co's Amendment Act 2006 is sufficient? Pls guide.

HI, can any one please tell me that of what amount of Stamppaper should be to take affidavit to submit to MCA regarding submissionof Documents for DIN

Friends, if PVt co is a flagship co and it's subsidiaries are ltd. cos in this case can anyone let me know wether provisions of 372A is applicable or not ?

A private company which is increasing the issued capital within the authorised capital limit.

whether ordinary resolution itself enough or any other procedure have to be complied.

Hi

We have to include additional services to the MOA which are left out earlier. Anyone please advice me what is the procedure and steps to amend the MOA. Please send your reply to pramod.venkatesh.murthy@gmail.com

Thanks.

Dear all,

Our company is planning to shift the regd. office at our Factory Premises. presently both the buildings(adminastrative and factory are separate and located in same town but at a distance).

my query is, whether it would amount to shifting office within city limits.
The address would be same after shifting.

plz replyl. its urgent.
Thanks

whether negative lien is required to be registered with roc?

plz reply

Hi,

A Pvt. Ltd. Co. was formed in August 2008. Its two promoter directors have till date not paid the share capital money in the companys account.

The company has surplus cash, but bringing in share capital in cash will attract 269SS of the Income tax act.

So for the year ended 31/03/09, what should be reflected in the companys balance sheet?

Share capital called for but not received? Or is there any other way of reporting the same?

What precautions / notes do we have to give in our audit report?

Can a cheque be issued in the month of march 2009, not cleared till 30/06/09, so as to show capital received and get the cheque cleared in July?

Kindly give your views and comments.

Thanks,

CA Sanjay R Salgia.

Can a Company under Section 163 pass a special resolution to keep the registers covered under that section, in various other offices including the registered office.

Does the usage of words 'instead' of being kept at the registered office of the company, mean that the records can be kept at only one other alternative location or can the records be kept at more than one locations instead of registered office.

Further can the records be also kept at registered office alongwith the other offices approved under Section 163 and in whcih case, can i accordingly word the special resolution under Section 163