vikash
04 December 2008 at 12:03

FEMA COMPLIANCE

Dear Sir
i hv a urgent query plz resolved it.
there is a pvt ltd co which parant co is USA Co.A team of Delegats from parant co(USA) come to India.All the expenses which is incurred by Indian Co on Delegates is re-imbursed by Parant co.
Now my Que is that what will be the ACCOUNTING TREATMENT of this Exp and re-imbursement and ANY TDS SERVISE TAX FBT LIABILITY ATTRACTS such as Hotel exp, Hiring of motor and chartered Plane etc.
when money will be reimbursed by parant company from foriegn then any FEMA Compliance attracts.
plz resolved it IN DETAIL.
Thanks


Anil Jacob

My company [will register this dec] has authorized capital of Rs.50 lakhs [5 lakh@10] and paid up capital of 5 [.5 Lakh @10] Lakhs. It is a Pvt Limited company. I have a plan to collect another 5 Lakh[.5 Lakh@25] from others with premium as we have some intellectual property. I would like to confirm that this is not against any rules. Please guide me on this case

Regards
Anil Jacob
Tax Analyst
Ernst&Young


DINESH VEMULA
03 December 2008 at 13:49

company law

what is the tilme limit for a listed company to publish notice in newspaper regarding AGM


YOGESH GUPTA

Can a individual hold the possition of Managing or whole time director simultaneously in two private company.

If yes then whether he can draw salary from both the companies.

Regards

Yogesh gupta


Anup
02 December 2008 at 16:33

Regarding DTAA and relevant matters.

Hi All,
I will be highly thankful on advising me on the following matter.

Facts :
My Client is a Pvt. Ltd. Company. The Directors have decided to open a new company whose main object will be to export the glass material, Timber, hand crafts and other goods from India to Italy. My Client has business contacts in Italy. As One of their Clients residing in Italy has offer 50 : 50 Basis Partnership in the new company. So, they have decided to open this new company in partnership (Shareholding) on 50:50 Basis. The registered office will be in India. The Funding will be in Euro.

Query :
1. Whether there is DTAA with Italy ?
2. Whether the New Company will get any benefit as 100 % Export Oriented Unit ?
3. What is the threshold limit for Investment in Indian Company by a Foreign Individual or Concern ?
4. In case of Dividend payments, what is the tax liability ?
5. Whether this new company can take Foreign Loans ?
6. What are the FEMA provisions regarding the above issues ?

Can someone provide me the information relevant to the above urgently?
CA. Anup Jaiswal
(e-mail : jaiswalbrothers@ymail.com)



RIMPI SINGHAL
02 December 2008 at 11:22

Statutory auditors appointment letter

hello,
can anybody send the draft of statutory auditors appointment letter in a private limited company as soon as possible.plz send it at rimpi.singhal@carnation.in

thanks
CA Rimpi Singhal


DEEPAK KOHLI
01 December 2008 at 13:19

Rate of Stamp Duty

what will be the rate of stamp duty on debentures for more than 1 year.


amrith
28 November 2008 at 14:36

Filing 23AC in R.O.C

If the digital signature of the auditor singed in Form 23AC and the person sign in the audited accounts are diffrent and both are partners of same firm is there exist any violation under companies act. ????????


Rajesh.S
28 November 2008 at 01:56

Filing of ROC Returns

Is is mandatory to attach signed copy of balance sheet and profit and loss account while filing Form 23AC and 23ACA


seema singla
27 November 2008 at 11:07

intt on loan to a director

Can A Pvt. Ltd. Co. earning few profits give intt free loan to its directors?
Is it necessary to charge interest on loan given to directors?
Please answer
Thanks






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