In one of the company, they make public issue in 1993-94. They put the application money in separate bank account in CENTRAL BANK. However, today they are a showing balance in that bank and application money refundable account eventhough more than 15 months passed.
However, as per section 205c of the companies act, it has to be transferred to INVESTOR PROTECTION FUND. The official of the company has told that CENTRAL BANK did not give any debit advise so they kept the account as it is.
However, I am not convenience with the answer and I think that amount has to be transferred to INVESTOR PROTECTION FUND. Give your valuable suggestions.
Regards,
Jigar
What is the meaning of Sister concern under IT Act & Companies Act, Please give me detail.
I am rahul. I have recently cleared my CA FINAL exams. I am presently doing my articleship training which is due to be completed in October . I am interested in making a career in INVESTMENT BANKING.
Can you please advice me what course of action should I take.
Do I require to join any oyher course ,if yes, what other Technical Course should I join like CFA,CFP or any other.
Regards,
hello everyone
what is the diffrence between baddebts and provision for bad debts and why provision for baddebts will be created and what are the relevent entries when badebts were incurred
ACTUALLY WE HAVE SALED ELECTRONIC SENSORS TO THE PARTY WITH THE AMOUNT OF RS. 39000 /-(INCLUDING VAT) AND ON THE TIME OF PAYMENT THE PARTY HAS DEDUCTED TDS 13 /- SO CAN THEY DEDUCT TDS IF YES SO PLEASE TELL ME HOW AND ON WHICH RATE. AND WE BOTH DON'T HAVE ANY KIND OF WORK CONTRACT BETWEEN US.
PLEASE REPLY ME SOON I AM WAITING FOR YOUR VALUABLE REPLY.
Hi friends, Can anybody tell me which is the last attempt for CA Final old syallabus & from where I can get authenticate information about it??& CAN ANYBODY TELL ME FROM WHICH LOCATION I MEAN FROM AHMEDABAD CAN I APEAR THE EXAM AND FOR THAT WHTA IS THE PROCESSOR I HAVE TO DO........AND CA FINAL EXAM IN MAY OR IN JUNE??????????????
If any private company can take loan from the following persons is perimitted
1) Directors of the company
2) Any other persons
3) Registered Private money lenders
4) Relatives of director
If not permitted what wil be the effect of this transaction. Please advise me in detail.
Hi,
1. Can a CA do the data entry jobs at home legally as per the institute's prefessional ethics? Data entry jobs include excel work, maintaining a blog, telemarketing, data processing, google ads
2. If not, how can that be legally carried out?
3. How the income from these activities are to be accounted for and taxed in India?
4. Are tax deducted at source from these incomes.
Kindly throw some light on these
If a CA can do without permission from ICAI can debared from its membership.if some one compliants Whats last step taken by ICAI.
Sir,
Pl.clarify whether we claim VAT credit on upgradation of machinery? 100% or 50%?
Pls tell me whether it is require to pass ordinary resolution for reappointment of M.D. in private ltd.Co.? which ROC forms are required to submit for such reappointment?
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Refund of Share Application Money