hetal sangoi

My query is that apart form the documents which is required to sign under Companies act , is it optional to mention the DIN on other documents submitted to Bankers and BMC ?

i have gone through the below para. But need the clarity on it .

DIN to be mentioned with Director’s Signature compulsorily wef 01.04.2014

DIN to be mentioned with Director’s Signature (Section 158)
Now, Director’s name & DIN (Director Identification Number) has to be mentioned with their signature on all the documents to be signed in the capacity of director.
PENALTY: – Company and every officer of the company who is in default or such other person shall be punishable with fine which may extend to Rs. 10,000/- and where the contravention is continuing one, with a further fine which may extend to Rs. 1,000/- for every day after the first during which the contravention continues.
IMMEDIATE ACTIONS TO BE TAKEN:-
One should ensure that DIN is written, wherever he is signing as Director of the Company.
During our practice we observed that Directors are not mentioning DIN even on Papers, Returns, Balance Sheet, Annual Return etc. they are filing with ROC, CLB or Regional Director while One should ensure that DIN is written, wherever he is signing as Director of the Company.
EXTRACT OF SECTION 158 OF THE COMPANIES ACT, 2013
Section 158 – Obligation to indicate Director Identification Number
Every person or company, while furnishing any return, information or particulars as are required to be furnished under this Act, shall mention the Director Identification Number in such return, information or particulars in case such return, information or particulars relate to the director or contain any reference of any director.
----------- -----------------------------------

DIN with Director’s Signature w.e.f. 1st April ’14 – Mandatory
October 9, 2014
Now, Director’s name & DIN (Director Identification Number) has to be mentioned with their signature on all the documents to be signed in the capacity of director.
PENALTY: –
Company and every officer of the company who is in default or such other person shall be punishable with fine which may extend to Rs. 10,000/- and where the contravention is continuing one, with a further fine which may extend to Rs. 1,000/- for every day after the first during which the contravention continues.
IMMEDIATE ACTIONS TO BE TAKEN
One should ensure that DIN is written, wherever he is signing as Director of the Company.
Sec.158 of Companies Act 2013 (effective from 1.4.2014) which is corresponding to Sec.266F of CA 1956 reads as under: “Every person or company, while furnishing any return, information or particulars as are required to be furnished under this Act, shall mention the Director Identification Number in such return, information or particulars in case such return, information or particulars relate to the director or contain any reference of any director.” Hence we will have to mention DIN with the names of director’s at all applicable places e.g. various returns, registers, minutes, annual report, letters to ROC, all documents to be filed with ROC, petitions to be filed with CLB/RD etc.
---- -----------------------

Other supporting :

Rule 7 of Chapter 24 i.e. The Companies (Registration Offices and Fees) Rules, 2014 also states as follow: "Provided also that any correspondences (physically or electronically) and documents to be filed by any person shall contain name, designation, address, membership number or Director Identification Number, as the case may be, of the person signing such document and make sure correctness thereof and in no case, correspondence, merely with signature and writing authorised signatory shall be acceptable."


Ikramuddin Saifi
15 November 2017 at 17:48

Input credit on sales promotion

Dear Sir,
Our company organize a conference with our Distributors, and company purchased some Sales Promotion Items( TV, Geysers, Activa Scooter, Oven and many more items) to given Distributors for achievement of Target, Can we get GST input on purchase of these items & Hotel Booking, Transportation, Fooding etc.
Please reply as soon as possible.


sridhar
15 November 2017 at 17:42

How can i adjust gst tax liability

Dear sir

Please confirm me a doubt that: I received advance one of buyer @28% Gst for supply of goods in future but after that rate of Gst@28% changed to 18% now. how could I change the tax liability what was deposited at 28% in last day ?


GURU PRANESH

Dear all,

As per AS 2 - interest and other borrowing cost are usually excluded from inventory cost. Since LC charges (bank charges) are not part of interest or borrowing cost can it be included in the cost of inventory ?

Considering the following, can it be included in the cost of inventories.

1. LC charges as administrative OH and since it contributes in bringing in the inventory to their present location.
2. LC is incurred (to the extent) to bring in the inventories to their present location

Please help to clarify on this.

Thank you


alpesh
15 November 2017 at 17:27

Reverse charges

dear sir which date Rcm provision is suspended and when it is applicable and also suggest to me what reasons to suspended.and also suggest to me what is covred u/s 9(3) and 9(4) what expense covered and unregistred purchase.


NASEEMUNNISA BEGUM
15 November 2017 at 17:24

Dublicate membership certificate

Recently i lost my membership certificate. I changed my address from Andhra to Tamilanadu. Address alredy updated in member's register. My query is while applying for duplicate certificate whether i need execute Affidavit (on non - judicial stamp paper of the value in force in the STATE) on Andhra stamp paper or Tamilnadu stamp paper. Am going to practice in chennai only. Kindly advice its very urgent.


Dayanand T

plz see above msg . when i take setoff above msg will reflect


Vijayalakshmi.

Hi , For Appointment of Independent Director in a unlisted Public company declaration of independence is to be filed with ROC? If so please please help for draft of the same.



Anonymous
15 November 2017 at 16:31

Return

how to file GSTR-3B of transporter guide me.



Anonymous

We have an inherited Land which was transferred to us 12 years before, it was an agricultural land, if we wish to sell are we liable for Long term capital gains, if yes how much percent tax are we liable to pay? how can we get exempted? Can somebody guide in both the circumstances (Agricultural and Non-Agricultural land)






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