Hi everyone, i have purchased a second hand diesel car on 03.08.2021 in the name of my company. The original date of registration of car was 24.05.2014. Now how can we calculate the depreciation as per companies act since the useful life of a car is 8 years. Will it affect the calculation of depreciation under income tax act

Is there is any thing else which needs to be taken care while calculating depreciations as per Companies Act and income tax act

A private limited company formed in 2018 ,have not commenced business and failed to file the annual returns so far. They want to file the annual returns. What will be the filing fees and late fees for filing the returns approximately.
Can the experts give some details please.

In Form DIR-12 for Appointment of CS the error shows,
"company secretary is having a certificate of practice number issues by ICSI."
However, as per ICSI record COP is cancelled and ICSI sent the details of Membership to MCA but MCA not updating the details, so i am unable to file Form DIR -12.
what should i do?

Dear Sir,

We have fixed the AGM on 23.09.22 & 26.9.2022 of our companies and now the we have given the board meeting date to our Auditor for signing date of Balance Sheet. But the Auditor are insisted to sign the balance sheet in current date. earlier he said that now UDIN can be generated within 60 days after the sign of balance sheet. why is he doing this. Now the ICAI has announced to extend the time limit for generating UDIN from 15 days to 60 days from the date of the signing. What can we do now?

Please advise in this matter.

Thanks & regard
NK

Status in IEPF is showing as approved however, shares are yet not credited. How long it takes for shares to be credited after approval from IEPF ?

Auditor was appointed in EGM due to casual vaccancy, at that time ADT-1 was filled for a period 2020-21 but at the time of AGM no ADT-1 was filled for ratification. In Notice the time for which auditor was appointed is mentioned till 2023. How we can ractify this mistake , as the same auditor has audited the accounts for 2021-22.

We are a firm in trading business with similar business of of the private limited company, where the partners /directors are same and / or relatives of directors. Company paid to firms' supplier on their behalf to clear their dues. Is it permissable ? If any section of Company law attracted on this transactions. Payment made via bank transfer.

With thanks

Respected Sir,

A Private Limited Company has purchased a TALLY PRIME SOFTWARE as on 06-07-2021 for Rs 48,305.22. In fixed Assets Schedule will be shown as TANGILE ASSETS. Please let me know the rat of depreciation as per company’ act.

Please guide me and oblige.

please let me know the procedure for activation of deactivated din ? din being deactivated due to non-filing of kyc

Need 3-4 years old company with all compliances up to date.......preferably Karnataka registration office.......plz respond