Can Pvt Ltd Company can claim depreciation at the rate prescribed under IT act instead company act?

Hi All,

I have a query regarding the applicability of revised schedule VI.

A Company has been incorporated on 08.03.2011 and prepared its first balance sheet for the period of 08.03.2011 to 31.03.2012 as per revised schedule vi.

However, as per MCA notification, revised schedule VI is applicable for Balance Sheet for FY starting on or after 01.04.2011.

Now please share whether the aforesaid Balance Sheet has been correctly prepared (as per revised schedule vi) or not?

Kindly provide your opinion with supporting.

Regards,
CA Vivek Garg

What happen if we start work other than MOA ?

Can a Software Company,Commence Manufaturing work,if mentioned in other objects in moa of the company ?

online marketing MOA pls?

Do i Need to pay any more fee to mca, if my share value is 100/- instead of 10/-

What are the compliances in case of transfer by shareholders holding approx. 92% equity shares of Indian Unlisted Public Company to NRI (Individual or Body Corporate)?

Hi,
My query is as follows:-

We are in the process of filing form 32 back dated.
1)Mr.A & B have been appointed as Director on 15/10/2011 and Mr. C on 10/02/12.
2) Mr.D resigned on 25/10/2011,Mr.E on 10/02/2012 and Mr.F on 16/01/2012

Now my query is will I have to file 4 different forms-1) for appointment of A & B
2) for appointment of C and resignation of E
3) for for resignation of D and
4) for resignation of F
or
is there any other easy procedure?
Kindly advise

A company defaulted in filing charge documents by one year. What are the steps it has to take to comply with the law. Why Form 61 needs to be filed and wat is form 21 about. will there be some kind of petition?
Please Help.

Hi,

Someone may please clarify :

The Foreign company (incorporated outside India) is holding 99% of the paid up capital in the Indian private limited company.

Query

Whether the said Foreign company shall be treated as a deemed public company or not.

Ans : …………..

Thanks.