We had paid tds on salary u/s 92-B and accordingly had uploaded tds return in form no.24-Q. Now this is being decided that the said tds now should be converted on tds on interest and 24-Q should be revised as 26-Q.

What is the minimum limit and maximum limit of interest on loan taken from non-executive directors and loan taken from other than directors for the fy 2014-15 as I have to provide the minimum possible interest on account of money borrowed. Please guide me and oblige.

In case of Pvt Ltd Co Acceptance of deposits from Directors are not covered within definition of term Deposit by virtue of section 73 of CA,2013.Hence a company can take/accept loan/deposit from directors during year under audit without complying the Deposit Acceptance rules.However a written declaration in prescribed format has to be obtained from director each time as and when deposits accepted from directors during year under consideration.

Now query is

i) whether this is correct i.e. each time a written declaration has to obtained from director as and when deposits accepted during year or one declaration for entire year is to be taken.

ii) if any there is prescribed format of such written Declaration. if yes then send to me at email id bahetisanjay.2009@rediffmail.com.

can any one suggest for appointment of director in LLP which form we have to file.

In case of a private company, if company has received an application money 2 months back but they have not opened a separate bank account & now they want to allot the shares, so is it a non compliance & what will be the way out for this?

There are two shareholders in a company. Mr. A holds 98% of shares and Mr. B holds 2%. Now Mr. B intends to sell his holding to Mr. A, which makes him 100% shareholder in that company. Is this possible?

The company cannot convert itself to one person Company as its paid up share capital is more than 50 lakhs and T/o is more than 2 Crore.

my query is, can the concept of nominee shareholder be applied here? If yes, what is the practical implication of it?

Please assist.

We are a group of MBA students willing to start a student run mutual fund under the college. The purpose of the this is to study the Indian market, and to know the portfolio management and art of investing. We are also planning to invest funds on behalf of friends, faculties and students from the institute. We are in a dilemma for the registration procedure. Should we register it as a Company or a society or any other entity

Please help us.

Thanks

Can a designated partner, after resigning as a partner, continue to remain a designated partner if mentioned in the LLP agreement?

Dear Sir/Madam,

I have many proof for resident & id but all proof something mistake on name/father name or surname,because of that reason i am not apply for passport, kindly provide effective solution

I alongwith my relative hold 50% each shareholding in a small private limited company dealing mainly in Real Estate.Its Registered Office situated at the premises owned by my relative.I work for a corporate house and did not join Borad as Director or signatory in Bank etc.The relative and his wife were two Directors.The business was smooth for a long time with myself as a sleeping investor and of support from outside.

The company has reasonable stock of Assets in form of some Land and Flats,shoaps apart from inter corporate investments.Also deal in shares and hold shares.

Relations soared and I am now not allowed any access to company, its records, accounts, business & transaction details.The Directors have been replaced by their own Friends without change in shareholdings.Practically my entity has been reduced to zero level.As I am not allowed access to office my personal papers and own shre certificates are also left there and I do not possess my own share certificates.The Return filed with ROC for 31-03-2014 however confirm my holding as earlier.

I am loosing my shares, investments,rights,and the share in assests of the company. What to do?