Hi,

Can a company which has been struck off under section 560 of the Companies Act, 1956, sell its land or any other property to any one.

regards,

Sonika

Hi,

Can a company which has been struck off under section 560 of the Companies Act, 1956, sell its land or any other property to any one.

regards,

Sonika

Suppose if I am not able to attend 90% classes during the ITT training what will be the consequences??? please guide

my question is
if i have purchased a land and agreements shows that i have purchased the land with the intention of its sale in the future or use for the personal purpose in the future .
then weather i can treat the land as my stock.because my intention was not to hold land as investment.
if yes then can i capitalise the interest cost beared for this investment.

author : Jiju Oommen
Posted On : 9/1/2008 10:37:20 PM
Cash expenses exceeding Rs.20,000 are disaalowed.
But if a party gives the some amount as advance to another person by maintaining an account, say Adavance to Gopal, and if authorises that person for such expenses what is the applicability of the Section.
Act says only about expenses...
whether such advances are covered under this act.

Answer : NO.

Hi

I don't have idea that where Schdule VI to companies act 1956 will be available to know about the format profit and loss account and balance sheet. So, can you help in this regard i.e can you give any reference such as website link etc.. to search the same or can you send some sample format for profit and loss account and balance sheet.

Thanks
N Nagarajan

Can anyone tell me the way of marks allocation in C.A Final papers.

Eg.

In Law paper

Total Questions are 9

Quesn no 1, 2 & 3 are compulsory & any 4 from the rest, i.e. 4 from remaining 6 (Total: questions to be solved is 7 from 9)

Now after answering the first 3 questions correctly, if I answer 5 questions from remaining 6, but in that 2 questions are partially right.

In such a case amongst the 2 questions which are partially right, which one would be considered as my 7th answer

The one which is more correct or the one which is written first

& In the 1st page of answer sheet should I tick all the 8 questions which I have attempted.

The query is the same for Audit & F.M paper.

Kindly reply, those who are sure of this.

I hope this would be helpful to many students

Thanks in Advance

Sh

Cash expenses exceeding Rs.20,000 are disaalowed.
But if a party gives the some amount as advance to another person by maintaining an account, say Adavance to Gopal, and if authorises that person for such expenses what is the applicability of the Section.
Act says only about expenses...
whether such advances are covered under this act.

1)what are dates for payment of advance tax?

2) what rate are applicable ?

3)on wht income isthat calculated??

4

if more tds had been deducted on incomes does there is any need to pay advance tax?/

What is the procedure for conversion of unsecured loans to equity capital in case of private limited company?