JIGAR GOVINDBHAI DOSHI
24 January 2009 at 16:35

Refund of Share Application Money

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


aravind
24 January 2009 at 16:25

Sister concern

What is the meaning of Sister concern under IT Act & Companies Act, Please give me detail.


rahul
24 January 2009 at 16:13

career advice

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,


harish babu
24 January 2009 at 15:10

bad debts and provision for baddebts

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


PARDEEP SINGH
24 January 2009 at 15:09

TDS ON SALE

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.



JASHWANT PATEL
24 January 2009 at 15:07

exam-ca final-may-09

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??????????????


aravind
24 January 2009 at 15:01

Loan

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.


Rahul
24 January 2009 at 14:53

Can a CA does?

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.


arulselvan

Sir,

Pl.clarify whether we claim VAT credit on upgradation of machinery? 100% or 50%?


Gargi Ranade
24 January 2009 at 14:44

Reappointment of M.D.

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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