Sushant Mahajan

If assessee is an individual and engaged in the business of financing purchase of goods on Hire Purchase, will Service Tax provisions apply on interest received in this?

Please reply.

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Anonymous

A Private Limited company is incorporated.There are three subscriber to MOA, out of which one is company holding more than 51% shares in the new company and there by becoming the holding Company of the newly incorporated.

The newly incorporated company has not open bank account....so no subscription money is deposited.It has been a year since the company is incorporated.Any solution that what steps should be taken for such type of Company

One more problem is that,in Balance Sheet of the holding Company...there is no entry of the investment made and no disclosure about the subsidary as the Company has not paid subscription money...

Also one more thing to note is that the holding and subsidary Company have same prefix, therefore a Board resolution and NOC is issued by the holding Company..

How will the unpaid subsriciptiom amount get reflected in holding Company

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jagan
11 October 2013 at 14:46

Agenda for agm

Kindly provide the agenda for AGM (not for Pre-AGM Board meeting)

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Sushant Mahajan

Can any individual do the business of forex trading by taking money from people and investing in Foreign exchange and in return give them interest on such money?

Or there are some restrictions?

Please reply

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Anonymous
10 October 2013 at 03:57

Form din-1 query - address proof

Hi,

Someone may please reply, if possible:

Query 1

Whether online generated bank statement (duly signed by DIN applicant) can be used as a valid document in respect of Address Proof.

Ans : ……………..

Query 2

If the above document is accepted, should the CA also attest the document in addition to the signature by DIN Applicant. (As per DIN instructions, self-attested by applicant is sufficient).

Ans : ……………..

Query 3

Should the DIN Applicant get banker’s attestation, if the applicant uses the online generated bank statement (banker’s attestation does not apply for regular bank statement received by post or courier)?

Ans : ……………..


Thanks in advance for your replies.

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Utsav Garg
07 October 2013 at 17:21

Fresh issue of shares to nri

Dear Experts,

Our Authorized capital is Rs. 10 Lacs divided into 1,00,000 shares of Rs. 10 each, out of which 1 lakh is paid up(shares held by indian directors) now, we want to issue 50,000 fresh shares to NRI.

Please guide me whether we can issue 50,000 shares at par or we have to use DCF method as precribed by FEMA.

Thanks in advance

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Rajiv Agrawal
03 October 2013 at 17:15

Dividend account

Sir,

1. Whether it is compulsory to open a separate dividend account for a 100% wholly owned subsidiary also,even if the ful amount of dividend is transferred to holding company bank account?

2. In calculating 5 days from the date of declaration, whether sunday or national holiday is excluded or not?

Pls reply fast

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Anonymous
03 October 2013 at 11:35

Change of directors of a limited company

A public company has 7 directors and same are share holders also. Now 6 of them want to resign and 2 new want to join as directors. And the entire share holding needs to be divided among 3 new directors. Kindly tell the procedure to do so. Thanks.

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CA Abhishek Singh
02 October 2013 at 21:19

Din does not correspond to director ??

The DIN/PAN entered for Director/Manager/Secretary upon signing of EForm does not correpond to the DSC affixed.

i have checked the DIN and affixed DSC of director whose DIN i have entered.

what is the solution ?

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Anonymous
02 October 2013 at 13:13

Llp

CAN ANY ONE PLZ GUIDE ME WITH RESPECT TO CONVERSION OF PRIVATE COMPANY INTO LLP
1. DRAFT AGREEMENT FOR COMPANY INTO LLP (SAMPLE FORMAT)
2. NOTICE OF BOARD MEETING AND BOARD RESOLUTION
3. NOTICE OF GM AND RESOLUTION
4. NOC LETTER FORMAT TO INCOME TAX AUTHORITIES.......

THANKS IN ADVANCE TO ALL THE EXPERTS

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