amar preet singh
16 January 2012 at 12:23

Tax liability of subsidiary company

sir i have an query that my client is director of the company running a pvt. ltd. company in India since 2008 with object of the company is to developing software . in the financial year 2009-10, 99% of shareholding of the company has purchased by u.s.a. based company therefore my company becomes subsidiary company of u.s.a. based company and the status of my company has convert non- residence company in India. Now the u.s.a. based company has received contract in u.s.a. to developing software and he has transferred funds to its subsidiary company in India to developing the software because the manpower cost is cheapest in india. my query is :-
1. the fund transfered from u.s.a. based company to its subsidiary company is income of the subsidiary company
2. is any tax liability will payable by subsidiary company in india on funds received from holding company
3. is there nay liability of giving service tax

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deepa
13 January 2012 at 17:57

Fema

Hi friends,

can anyone please tell me what is the FEMA procedure, when shares are allotted to an American national for consideration other than cash.

Please suggest friends...


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Akash Lulla
13 January 2012 at 11:15

Moa & aoa

Dear All,

Can please anybody provide me the Draft MOA/AOA for BPO Pvt. Ltd. Company.
My email id is akash.lulla@gmail.com

Thanks,
Akash Lulla

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Anonymous

Hi,

I had started a Pvt. Ltd Co. in 2009, Since then I had not done any operations, I just opened a bank account in company name and funded it with initial capital investment.

I have not filed any incometax return , or ROC return, I want to shut to the company, so I want to follow easy Exit Scheme,

I want an opinion, that do I need to file all returns and then only can i apply for the scheme or I can directly apply to the scheme.

Thanks in Advance.

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Rajesh Rathod

Whether all existing DIN holders/directors who are residing outside India and who have not furnished their PAN earlier at the time of obtaining DIN, are required to file Form DIN-4 to furnish their PAN?.

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Rajesh Rathod
29 December 2011 at 22:29

Director

Can two existing directors present in India also be appointed as Alternate Directors of another two existing directors who are outside India for a period of more than three months?

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Anonymous
28 December 2011 at 10:42

Public(unlisted) & private cos.

dear sir/madam

i want to convert my limited (unlisted) co. into a private co. pls solve my following quires regarding this:

1) which sections or provisions i should look into for complying the requirements of pvt co.

2) procedural or reporting part as far as i knw(pls corrct me if i m wrong) that reporting or filing part of limited (unlisted) co. & pvt co. is with ROC, no involvement of SEBI, central govt etc authorities is required?????

3) i want to knw provisional difference betn above cos. apart from basic difference???

pls solve

thanks

regards


miss tanveer ahuja

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CA Nitten Gupta
23 December 2011 at 13:13

Amendments

When are the new amendments of Company Law is going to Take place. I have purchased the new book of munish bahandari yesterday and my attempt is in Nov 2013 is it preferable to purchase the book now or at some other time

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Anonymous
22 December 2011 at 18:10

Conversion of loan into equity

a Listed company has defaulted in payment of its dues. the bank has sought coversion of loan into equity. however the company has not responded to the said conversion nor acted upon. whether the bank can apporach SEBi/ Exchange with regard to the said inaction of the Company apart from RBi and High Court? Please guide

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RAM LAL
16 December 2011 at 11:39

Resolution for change in object clause

Please provide me format of resolution for change in Main object clause of MOA for a pvt. company.


Regards,
Ram

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