WE ARE MANUFACTURER AND EXPORTERS SSI UNIT AND REGISTERED WITH EXCISE. WE EXPORT DIRECTLY UNDER LUT AND CT-1 EXPORT THROUGH MERCHANT EXPORTER. MY QUERY IS IF I EXPORT CT-1 MERCHANT EXPORTER, WHO'S RUNNING NUMBER WILL BE GIVEN ON ARE1. SHALL WE GIVE OUR OWN RUNNING NUMBER. OR MERCHANT EXPORTER NUMBER (NUMBER MEANS IN F.Y ARE 1 NO. 001/14-15, 002/14-15 ETC) KINDLY CLARIFTY MY QUERTY.

Hi I applied for both the groups but i m preparing for only second group and decided to appear for only second group.i am a ipcc studet.i have exams in nov 14. even though i m preparing for only second grouo is there any necessity to appear for both the groups...? thank you

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Dear All,

Greetings.

One of a public limited company (say A Ltd.) has received share application money from a private limited company (say B Pvt. Ltd.). Now, A Ltd.alloted its shares not in the name of B Pvt. Ltd. but in the name of 2 directors of B Pvt. Ltd. As we know, a public limited company must have minimum 7 shareholders, A Ltd. has also only 7 shareholders including the 2 shareholders i.e. the 2 directors of B Pvt. Ltd. Further, A Ltd. has taken huge amount of Interest free unsecured loan from B Pvt. Ltd.
My Query is:

1. Is this legally correct to allot shares in the name of the directors of the company. If not, what is the remedy available for this act?

2. How the unsecured loan be dealt with as per the provisions of New Companies Act, 2013?

Regards,
CA Milan Agrawal

I hv borrowed a loan from NBFC of Rs. 3.00 cr. for 07 years. But I hv paid it within 1 year. For that I paid Loan Foreclosure charges of Rs. 15,60,000/- in a Pvt. Ltd. Company.

So, my query is whether TDS is applicable / attract on Loan Foreclosure Charges?

Pls do the needful at the earliest.

Awaiting for positive reply.

With Regards,


Savan Kasliwal

what is TCS?

MR A GIVES A RENT FREE HOUSE TO MR B FOR COMMERCIAL PURPOSE .

PLEASE, TELL ME IS MR A LIABLE FOR DEEMED INCOME UNDER INCOME FROM HOUSE PROPERTY

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I need suggestion :- Is it good time to sit in exam dec 2014 with 50% preparation or study well prepare well and sit in june 2015.

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