Dear Sir,

Can a Qualified Chartered Accountant can get exemptions in CS exams ???

Respected,

If any Pvt Ltd company accepts amount from public in monthly installments and in return promises to give some piece of land property.
1. Whether this type of acceptance comes under purview of acceptance of deposit?
2. If company doesn't own any Land and still accepting advances from public. What will be the consequences?

Company is accepting advances as consideration for property from last 5 years but have not at all given any property to the said depositors.

Please advice and is possible mail on jnjfincon@yahoo.in

Thanks in advance..

Public Company can be a subsidiary of Private company?
If yes, then status of public company remains as public company or private company?

I have come to know that, per meeting we can pay minimum Rs 1,00,000/= on account of sitting fees to a Non-Executive Director. It means that a sum of Rs 4,00,000/= yearly can be paid to a non-executive director of a private limited company.

10% TDS shall be deducted u/s 194-J.

Sir Am I right ?

I want to know what is the fees structure of filing of Form 23AC, 23ACA and 20B. I am also curious to know about late fees and penalties on same.

Respected Ld. Members,

A Company is considering CSR activities as per the mandatory requirement of Sec.135. For that it want to incorporate a charitable trust in which the trustees will be the directors of the company who will carry on the activities for society in the form of providing awareness in rural areas about education, free health check up camps, giving money for the education of unprivileged children etc. the company will donate 2% of its average profit into this Trust. want to know is it valid compliance as per CA, 2013. In my personal view as per the CSR rules, it can be a duly compliance of law. Further, I also want to know what should be kept in mind while incorporating a Trust. Pls suggest your valuable thoughts.

Many Thanks

Is there any requirement for LLP to make consolidated financial statement if it is holding more than 50% shares in other company???

Dear All,

Can anybody guide me with whether Unregistered partnership firm can be converted into LLP???

Thanks,
Pooja

Dear Experts,

Mr. 'A' is a Whole Time Director of a private limited company. He also happens to be a shareholder and also an employee of the same company. Mr. 'A' provided a Loan to the company. Mr. 'A', the director gives an undertaking that the loan is not provided out of borrowed funds in order to stay out of the purview of the definition of Deposits. The Borrowing is well within the limits u/s 180(1)(c).

Now the Query:

1. Can Mr. 'A' provide loan to the company being a Director,shareholder and employee of the same company?

2. If yes, is there any Limit for the same?

3. What are the compliance requirements in this respect under the Companies Act,2013?

Experts,
As per the new notification dated 01.05.2015, the Form INC 29 requires attachment of INC 30 (MOA) and INC 31 (AOA) templates.
I tried getting it from MCA website, bt did not find it.

Pls provide editable Form inc 30 & 31


Thanks