Anonymous
This Query has 1 replies

This Query has 1 replies

03 November 2016 at 10:44

Re-appointment of auditor

Dear Experts,
Mr. X is individual auditor for the period of 5 year plz clarify after complating the period of 5 year weather Mr. X can be re-appoint as an auditor or not

Regds
Mukesh


CA Sridhar.K
This Query has 4 replies

This Query has 4 replies

02 November 2016 at 18:50

Fraud committed on din applicants.

This information to create awareness..!

If you are a director of a Company or persuing to become a director of a company a eight digit identification number called Director Identification Number(DIN) should be availed from the Ministry of Corporate Affairs. The online filing fee is only Rs.500.

One of my friend had applied for DIN and he received it instantly online, but, a week after that he received a courier from EMS stating he is suppose to pay Rs.998 (Rs.950 for the DIN instruction kit and Rs.48 for postal charges). My friend was not at home so someone at home had paid to the postman and received it.

The courier package contained nothing important, it only had few printed sheets about Director Identification rules and other Corporate act drawn from Ministry website.

On enquiring about it with MCA help desk they revealed something we could not imagine. They said, "It is a complete fraud, please don't believe in such postal packages, ministry of corporate affairs never sends such posts." Someone is cheating people through such courier packages.

Request you to share this post so that it reach maximum peope.



Anonymous
This Query has 1 replies

This Query has 1 replies

02 November 2016 at 10:45

Restriction of auditor

Dear All
I am running partnership firm pls let me know weather the auditor can sign the balance sheet regularily upto 10 year or more then 10 year is there any restriction of auditors for proprietorship & partnership like company act.

Thanks & Regards
Shobhit Gupta


Nanda kishor V
This Query has 1 replies

This Query has 1 replies

01 November 2016 at 11:02

Distribution of profits to partners in llp

Dear Experts,

I want to know whether there is any restriction in distributing profits to Partners in LLP on a Monthly Basis.

Please revert
Regards
Nanda Kishor V



Anonymous
This Query has 1 replies

This Query has 1 replies

01 November 2016 at 10:28

Increament of authorized capital

Dear All
Pls guide me how to increase the autorized capital of pvt. Ltd. Company however the existing authorized capital is 10 Lakh & we want to increase it by 10 Lakh more.

Regds
Subhi jain



Anonymous
This Query has 1 replies

This Query has 1 replies

31 October 2016 at 18:26

Appoitment of auditor

In a private company Auditor was appointed in causal vacancy for F.Y. 14-15 than what is process for appointment of auditor in coming AGM? for how many years it appointment ? If ADT - 1 was not file for causal vacancy than what to do.


Kumar Nayudu
This Query has 1 replies

This Query has 1 replies

31 October 2016 at 10:27

Corporate social responsibility

How to Compute Net Profit for CSR contribution as per Section 198? give example with problem?

If there is loss in any year with related to immediate 3 preceding financial years what shall we do? (ex: 2014-15 profit earned, 2013-14 profit earned but 2012-13 loss occurred)



Anonymous
This Query has 1 replies

This Query has 1 replies

31 October 2016 at 10:14

Depreciation as per companies act.

Dear Experts,
A asset was purchased as on
11/1/2016. Rs. 10 Lakh however
useful life of asset is 15 year. pls let me
Know can we claim full depreciation
As per SLM method even in AY
2016-17 i.e. 1000000*5 50000
9500000/15 ( 63333.33/- PM)

Regard
Raman Singh


CA Arun A
This Query has 1 replies

This Query has 1 replies

31 October 2016 at 01:12

Consolidated financial statements

Does a private company with a 100% foreign subsidiary company need to file a consolidated financial statement with ROC? Please provide me the relevant section and rules.


TARIQUE RIZVI
This Query has 2 replies

This Query has 2 replies

Query:
======
As far as the issue of loan to be given by the partnership firm to a pvt ltd company is concerned, first of all any of the partners of the partnership firm should become a share holder of the pvt ltd company and later the partnership firm can give an unsecured loan to the pvt ltd company and the pvt ltd company will then provide the yearly interest on unsecured loan taken.

Am I right Sir,

tks & rgds

yrs truly
tarique rizvi
982 1630 130








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