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




Ajay Quirine Miranda
This Query has 6 replies

This Query has 6 replies

Hi , i have a query regarding Related party transaction

The situation is our client is a Director of a Company ,Example CWC Company, now his son who is neither a Additional or Managing Director draws Salary in the concerned company. The Director also draws Salary.aliadte

* Now my question is the Director Son Drawing salary allowable?
* Does it require a Board Resolution ?
* Any consequences ?

Can u please validate the above query with relevant supportings and Section!

Thank you,
AQM










Anonymous
This Query has 6 replies

This Query has 6 replies

28 October 2016 at 11:36

Company name availability

Please help, i have applied for company name reservation through form INC-1 on 1 Sep. 2016, the same is valid for 60 days and should be expired on 31st October 2016, however i have filled my other form for incorporation on 27th October 2016, and it is in process and pending for approval, please help i need to extend my reservation period further as the same process is being late, what be the step be me for further process.. please help






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