Mr. A (director), mr.B (employee-Regional mgr - Salary Rs.15Lacs P.A), Mr.C (employee - Quality control head Salary Rs.12Lacs P.A) all are brothers whether section 314 attracted if yes what are the compliances & escape route if any

Can anyone tell me what will be the due date of audit i.e. presentation of audited books of accounts of a NEWELY FORMED COMPANY as per company law and as per Income tax law

Can shareholders of pvt ltd company transfer it`s holding to anothers ?

what is the maximum remuneration that a managing director can draw from 2 companies(appointment has been made under section 269)?

In case of a Pvt. Ltd. Company with only 2 Directors, What are the implications if one of the Director Dies! And What is the procedue to be followed in such cases? Is there any time limit to appoint new Director ?

my question was regarding how to avail DIN for a nonresident, what document required for availing DIN and what is the process IS THERE ANY PROCES WHERE THE CANDIDATE SHOULD SIGN IN FRONT OF ROC ETC

Hi,

There is a pvt. ltd. company in which three directors are there. All the diretor among them are having equal shares. Director salary(remuneration) is outstanding from last two years to one of the directors. Directors among them have quarreled and the director among them ,whose salary(remuneration) to him by company is outstanding, is asking for the salary. What the director can take action against the company.?

As per INCOME TAX ACT, no depreciation will be charged on an asset sold during the year.

But there is a confusion regarding the Companies Act.

Should we provide depreciation on asset sold during the year accounted on days basis in COMPANIES ACT?

Can We Provide Depreciation at the rates as prescribed by the Income Tax Act in the Companies Books or we need to follow the rates as prescribed by the Companies Act? Also, the depreciation as per income tax is on 6 months basis and that as per companies act is on pro rata basis, can that be done? for eXAMPLE the depreciation on Computer purchased for 25000/- put to use for 30 days comes to 822/- (25000x40%x30/365) but that as per income tax act comes to 7500/- (25000x60%x6/12). Can i charge 7500/- in the books?

Dear Sir/Madam,

Will form 8 be filed while taking any car loan from any bank. If yes, then what will be situation if a company has taken lots of car loan, has not filed any form 8 yet with ROC, some loan are fully paid and some of are exist, so that form will be fild in both cases or what??

what will be the procedure of getting approval from CLB??