Mittal

In a Private limited Company, there are 2 directors. There is a dispute among the two. One director has stopped altogether in participating in any activities of the company. Company is not able to take any decisions as Board meetings are not attended. What is the remedy available? What steps must be taken to appoint a new director and remove the old. Please Help!!!

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Anonymous
16 August 2014 at 16:58

Tax liability related

DEAR WE HAVE SOLD 1 ACRE JOINT FAMILY LAND WHICH WAS GIFTED TO MY FATHER IN AROUND IN YR 1950. NOW WE SOLD THE SAME FOR RS.65,00,000/- ONLY THE SHARE WHICH I RECEIVE FROM THIS IS RS.15,00,000/- OUT OF WHICH I RECEIVED IS RS.8,00,000/- OF WHICH I HAVE REC. 4,00,000/- IN CASH. BALANCE CONSIDERATION WILL B RECEIVED BY MAR.2015. HOW MUCH TAX I WILL HAVE TO PAY FOR THE SAME. I M A LABOUR CONTRACTOR DOING LABOUR JOB AMOUNTING RS.900000/- N FILLING RETURN U/S 44AD WITH 8% PROFIT. KINDLY GIVE THE FIGURE OF TAX LIABILITY WHICH I HAVE TO BEAR.

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CA Anshul Bhatia
16 August 2014 at 15:43

Professional ethics

Can a CA in practice allow another CA practising Separately to sign financial statements on his behalf?

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raj
16 August 2014 at 12:06

Tax audit

If turnover is less then 1 crore & profit is more then 8% then audit applicable or not.

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Anonymous
16 August 2014 at 11:19

Vat registration of proprietor

what are the steps for registration of VAT TIN no? fees for voluntary and compulsory registration of VAT?

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Anil
16 August 2014 at 04:46

Pan for bank account opening

Subscribers to MOA of private company have agreed to invest in certain no. of equity shares. Company is incorporated. Can they open a bank account just by giving board resolution to bank to open account or do they also need to give PAN?

Note that if PAN is to be given to bank, then it will take another 2 or 3 weeks to open bank account after incorporation.

Please also let me know what is the time before which subscribers to MOA have to invest money in company after incorporation ? Please quote section, if possible.

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Anil
15 August 2014 at 21:39

Private company - authorized capital

It seems for small private company the ROC fees is same whether it is incorporated with 1 lac authorized capital or 10 lac authorized capital. Still why do private companies go for authorized capital of less than 10 lacs?

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Anil

Please let me know about the above subject.

Thanks

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sanjay kumar
15 August 2014 at 18:25

Regarding medical reimburshmaent

Sir, My relative is working in bank , he got Rs. 251000/- from his employer for the treatment of heart problem. He was hospitalize for two days , after two days he back to his house. Again very next day he got
some problem and again he hospitalize and volve was replaced. Now question is this that his employer is saying to deposit the tax of Rs. 251000/- . Reason place by him that continuously you were not in hospital for three days. either my relative will get the exemption from tax or has to pay the tax.
Pls. help me as soon as .

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Anonymous
15 August 2014 at 14:24

Doing cs while aritcleship good or bad?

Sir, I'm currently pursuing my CA articleship 1st year. I'm thinking of even doing CS.. As my Final Is not for another 2 years... will it be wise to pursue CS in this gap.???

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