what is difference between a MANAGING DIRECTOR,A C.E.O ,AND A CHAIRMAN?
ONLY NAME DIFFERENCE OR DIFFERENCE IN POWERS?

Dear Sir
i have one query relating to RBI compliance for foreign remittance.
My Client, who is a Person of Indian Origin, is now resident person. She is investing in Equity Shares in a PVT LTD CO. engaged in Export business by remitted money from foreign country through AD Channel.
Now we have following query
1-whether the Company has to intimate RBI within 30 days through FIRC intimation.
2- Whether the Company has to file Form FC-GPR.
As per FEMA Act the above compliance is needed when foreign remittance is done by non-resident. As per my case Investor is Resident however she has brought investment through foreign investment channel.
plz clarify my query as soon as possible.
it`s urgent matter
thanks a lot

Dear Sir
i hv a query regarding share transfer.
plz suggest me ASAP
One indian resident has to transfer his share to one- person having person of Indian Orgin and resident person and 2nd- person having Foreign citizenship and Resident person.
plz guide me regarding FEMA Compliance.
company is PVT Ltd Co.
it`s urgent
Thanks a lot.

Dear All,

Can private limited company can give dividends to its shareholder on its provisional audited P &L account.Company is showing 40% profit in this current year.What parameter must be looked/checked before giving any dividend.

Regards,
Rakesh

RS 6500 OR 7500 ON WHICH NO EPF IS APPLICABLE ?

WHAT IS THE POWER OF ATTORNEY & WHEN IT IS TRANSFERRED?

Facts : A - State Govt.
B - Govt. Company
Purpose of B - Upliftment of the Horticulture and Agro based industries in state.

Transactions by A - Give non refundable funds to B for assisst the industies in state.

Transactions by B - Invest in agro based new projects in state as equity by holding as 26% shares which was buy back by promoters after 5 years with interest.

Income by B - Invest in FDR from the unused funds.

Q :
1. Whether interest income earned by B is the income of A or of B and whether it is taxable under Income Tax Act?
2. Whether these unused funds are to be shown as liablity in the books of B or not?
3. If this interest is also payable to State Govt. then who pay the tax on the same?

Is RBI approval required for the receipt of money from a foreign entity apart from getting Foreign Inward Remittance Certificate (FIRC) from the bank..

what is return of allotment?Is it necessary to file it annually?

A company constructs a building on its own land , and then capitalise both ,and charges depreciation on entire value.
Now it wants to write back the depreciaton on land.

Can it Do so?
Is there any Case Law Regarding this.