Hello Friends,
Two Months Before I Uploaded All SPICe Forms for Company Incorporation, Unfortunately now it camed for Re-submission of Current Details of Utility Bills and Other Documents , After completing all other procedures i try to uploading but it shows "one of the forms are not prescrutiny" .please help with these.. {note; there is no Cap or Special characters in newly updated form}

Can a whole time Cs after his working hours provide consultancy or advisory on company law matters ?

One of my clients is debiting legal expenses in the books of account of a Private Limited Company. They are showing an expenditure of about 5 to 6 lakhs every year. Fees are paid after deducting TDS and GST is paid on legal fees. The company has no case in court. These are paid for personal expenditure. In the computation of income tax, all these expenses are disallowed under section 37.

Now my question is whether there is any issue as per companies
act and income tax?

Please advice your valuable suggestion in above matter.

Thanks
N K

Dear Sir/ Mam,

In case of Pvt. Ltd. company, the statutory auditor's term has already expired in the AGM of 2022 and we have not appointed the new auditor. We were ready to replace him with another auditor through EGM. But now the earlier auditor is ready to continue the company with 1 year appointment (every year).
My query is:
1. can the earlier auditor appointed?
2. Can he be appointed with EGM or how ?
3. Can he be appointed every year as it is his request or is it mandatory to appoint him for 5 years?

Kindly urgently reply.

Thank you in advance.

Pls share your opinion on the following query.

A foreign client made an advance payment of 2crore to an Indian co. In 2019. After that due to covid the services could be provided. During FY the Indian company completed service worth 20 lacs. The foreign client extended the period for completion of service till 31st March 2023.But still the substantial psty of service is likely to be pending. Will the advance lying as on date 31st March 2023 be treated as a loan or deposit in DPT.
What will be position if the foreign client extends the contract for further one year.

Thanks
PC Joshi

Whether a Director appointed to the Board of the company "X" can get remuneration from another Company "Y"?

The name has been approved but the incorporation form challan status shows as payment not applicable, if I cancel the SRN of the incorporation challan so will I be able to use the same SRN of name approval?

spice+ form i want to make as under :-
1. one professional ca director without subscription
2. one individual director cum subscriber and
3. one individual subscriber but not director
So total 2 directors (one professional and one subscriber-cum-director) and 2 subscribers (one subscriber cum subscriber and one only subscriber)

but mca spice+ form mixes up between subscribrer-director and only subscriber link)
(individual subscriber who is not director should open but sub-cum-director window opens by mistake of portal)


my view--> no idea why an individual cant be just a subscriber, why he has to also be director in spice++ form? problem is in point c in spice+ form,
i know its confusing, just any thoughts?

Whether Provision for Bad & Doubtful Debts is a deductible under Section 198 ?

Dear friends,
A pvt co had 2directors.one wanted to resign. They appointed another  person in his place as an additional director in the same BM. But the outgoing director  already filed his form DIR 11 before filing form DIR-12 by the company. Now The company has less than two min directors and MCA master data /MCA list of signatories shows only 1ditector whose dsc expired in 2019. What is the option of the company to appoint a new director who can file DIr-12 with his DSC or can the existing Director update his dsc and then complete the appointment formalities for new director.
Thanks,P.C. Joshi