S.Jegadeesan
This Query has 1 replies

This Query has 1 replies

29 April 2019 at 23:26

Corporate law

When I try to file the the DIR 3 KYC in respect of DIN allotted between 1.1.2018 to 31.3.2019 the form does not allow to fill the DIR 3 KYC and some error message is coming like "DIN 00000 entered is not deactivated due to the reason for non filing of DIR 3KYC"
Further Pl confirm whether all the directors who had got the DIN before 31.12.2017 and filed the DIR 3 KYC
already has to once again file DIR 3 KYC every year or it is one time only


Nisha
This Query has 1 replies

This Query has 1 replies

27 April 2019 at 12:43

Articleship completion

My CA has given me completion in February, 2019 and signed my Form 108 with a condition that after my exams i have to work with him for 1 year.
He got me to write a letter saying that i will work with him for that period with my signatures.
Could you please let me know the consequences of not working? And will it affect my articleship completion?


usha khatod
This Query has 1 replies

This Query has 1 replies

25 April 2019 at 20:40

Ca foundation paper 2 - business law

In November 2018 exam there was one question as under :
Mr. Ramesh promised to pay Rs. 50,000 to his wife Mrs. Lali so that she can spend the sum on her birthday. Mrs. Lali insisted her husband to make a written agreement if he really loved her. Mr. Ramesh made a written agreement and registered the agreement under the law.
Mr. Ramesh failed to pay the specified amount to his wife Mrs. Lali.
Now Mrs. Lali wants to file a suit against Mr. Ramesh and recover the promised amount. Referring to the applicable provisions of the Contract Act 1872, advise whether Mrs. Lali will succeed?

The suggested answer as posted on ICAI site shown the answer as under :
To create a valid contract, there must be an intention on the part of the parties to create legal relationship between them. In social agreements it is presumed that there is no intention to create legal relationship. So social or domestic types of agreements are not enforceable in court of law and hence they do not result into contracts.
In the given circumstances wife will not be able to recover the amount as it was a social agreement and the parties did not intend to create any legal relations.

Is this answer correct? Is there any relevance of section 25 of ICA which provides for exception to consideration - Out of natural love and affection, written registered agreement and close relation between the parties.

Please give answer with reason




Sunil Mittal
This Query has 3 replies

This Query has 3 replies

Whether prior permission is required on plain paper in case of industrial training before submission form 109 to ICAI.


pooja
This Query has 1 replies

This Query has 1 replies

22 April 2019 at 11:43

Revise return

under sec 139(5) Revise return can be filed upto end of A.Y (from A.Y 18-19).and time limit to get intimation is 12 month from of financial return in which return is filed.If we are needed to revise return after getting intimation under section 143(1) and by that time, time to revise the retun under sec 139(5) gets over .so can we still revise return


Muskan kedia
This Query has 1 replies

This Query has 1 replies

Dear sir/mam
I want format of letter to be sent to ICAI for termination of Articleship after 1 year on medical ground.


ram patil
This Query has 1 replies

This Query has 1 replies

02 April 2019 at 17:15

Tds & pt related

Hello Sir,

If some one got salary 50000 per month and he is Salaried person. so, there 50,000 X 12 = 6,00,000/- In that case tax nill on 2,50,000 remainning 3.50,000/- we deduct @ 5% tds which is Rs.17,500/- In monthly case, if we pay 50000/- that person that means we deduct 1458 tds. am I right or wrong. after that how much amount deduct for PT (professional tax) please suggest anyone.

Read more at: https://www.caclubindia.com/forum/tds-amp-pt-professional-tax--509330.asp


shilpa
This Query has 3 replies

This Query has 3 replies

I have completed my articleship on 26.02.19 & now while executing form 107 for excess leave can I take the gap.
I want to begin my supplementary articleship ( extension period training) from June 2019 will it be valid or i should execute it in continuation right now .


aakash
This Query has 3 replies

This Query has 3 replies

15 March 2019 at 21:40

Articleship

I am doing articleship and my 3rd year is going on. I have completed the 26 month articleship (include 4 month leave).
but i have received the 22 month stipend. my principal was not given the stipend of leave. It correct or not?


Chaitanyaa
This Query has 2 replies

This Query has 2 replies

14 March 2019 at 08:22

Subordinate debt

What exactly is a subordinate debt. What is the purpose and whether is a revolving fund or one time loan? How the debts is assessed ?





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