This Query has 7 replies
Is new criteria for classification of Non-company Entities is applicable to LLP?
This Query has 2 replies
Do we need to file NDH-1 every year or only once after the completion of first FY
This Query has 11 replies
Dear Sirs
My client recently registered a pvt. ltd. Co. with the name of 4 directors , The name of directors was registered in MCA portal , MOA & AOA of the Co. has been also printed but at the time of capital contribution to bank only 3 director are contribute equal fund, 1 director denied to contribute his share & want to resign from the company. rest of 3 directors are agreed .Please clarify is there any rule to resign director and exclude his name from MCA portal before making his contribution to bank.
This Query has 1 replies
A company , following useful life charges depreciation on plant and machinery.
now its accertain that plant can be further utilised for next 10 years easily.
is it allowed as per companies Act to reconsider useful life of plant and accordingly depreciation is to be charged?
how many time useful life can be reviewed/reconsidered.
This Query has 3 replies
Sir,
Our director has entered into sale deed for the purchase of second hand vehicle and ownership is not transfeered,,Ownership will be transferred whn the amount of loan is fully paid. Loan is existing on the asset at the time of sale.The same asset is used by the company.need to how the asset can be brought to the statement.Whether the same need to be shown in dpt-3?..whether we can bring the asset by crediting shareholder loan
This Query has 2 replies
If a partner resigned from CA firm (LLP) , do he / firm ( remaining partners )have to inform ICAI about this ? If yes , how except filing form 3&4 LLP ?
This Query has 6 replies
Respected Sir,
MGT-7 & AOC-4 & ADT-3
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These are the documents which are filed with ROC, Can anyone guide me as I want to know the meaning of these filings with ROC.
TKS WITH KINDEST REGARDS
This Query has 3 replies
Hi, We are a startup and provide software services to companies outside of India. Currently we are receiving our payments from US, UK and EU and we are paid via swift transfers in our Indian bank account. We also have outgoings in USD as some of our freelancers are based out of the US , Ukraine and Poland
We lose out a lot on FX conversions and our clients prefer to pay us locally in their own countries. So I was hoping you could advise:
1. if we need permission to open an overseas bank account to receive payments in US and UK local via local bank transfer? or what do we need to consider before opening a bank account overseas ?
2. We have come across a company that can offer overseas accounts to an Indian based company. Is holding an electronic money account overseas by an Indian company legal? the e-money account is opened with an Electronic Money Institution regulated by overseas regulator. They transfer the money deposited by the account holder to a tier-1 bank. This is called safeguarding.
3. We would like to collect the payments overseas in this e-money multicurrency account. Thereafter, we wish to pay the freelancers located abroad directly from the overseas account and remit the remaining money back to our Indian Bank Account. The money is received in India through an RBI approved OPGSP who has tied up with the multi-currency account provider.
4. do we need to be registered and recognized as an Exporter under Foreign Trade Policy? What if, we have been conducting our business so far without having to register our company as an exporter in India? Are there any legal implications? we offer software support services to overseas buyers/clients who then transfer our fees/charges/payments through normal banking channels to our Indian current account. recently, we thought of using Payoneer to receive money from our overseas clients, but they asked us to declare that we are duly registered as an exporter in India
This Query has 4 replies
For selling physical shares in a private limited company. SH-4 Form is to be filled up. Please advise
1. What is the rate of share transfer stamp duty for transfer of physical shares.
2. Is rate of stamp duty same all over India
3.Can stamp duty be paid by buying share transfer stamps
4.If yes, from where such share transfer stamps can be purchased.
5. Can share stamps purchased in Delhi be used for transfer of shares of a company having registered office in Mumbai.
This Query has 2 replies
What is a complete procedure and compliance requirement to change status of director from non-executive to executive?
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Criteria for classification of Non-company Entities