aman
23 September 2013 at 13:16

Meaning of inndependent director

PLZ EXPLAIN THE MEANING OF THESE LINESIN CONTEXT OF INDEPENDENT DIRECTORS AS PER COMP.ACT2013

(b) (i) who is or was not a promoter of the company or its holding, subsidiary or
associate company;
(ii) who is not related to promoters or directors in the company, its holding,
subsidiary or associate company;
(c) who has or had no pecuniary relationship with the company, its holding,
subsidiary or associate company, or their promoters, or directors, during the two
immediately preceding financial years or during the current financial year;
(d) none of whose relatives has or had pecuniary relationship or transaction
with the company, its holding, subsidiary or associate company, or their promoters, or
directors, amounting to two per cent. or more of its gross turnover or total income or
fifty lakh rupees or such higher amount as may be prescribed, whichever is lower,
during the two immediately preceding financial years or during the current financial
year;
(e) who, neither himself nor any of his relatives—
(i) holds or has held the position of a key managerial personnel or is or
has been employee of the company or its holding, subsidiary or associate
company in any of the three financial years immediately preceding the financial
year in which he is proposed to be appointed;
(ii) is or has been an employee or proprietor or a partner, in any of the
three financial years immediately preceding the financial year in which he is
proposed to be appointed, of—
(A) a firm of auditors or company secretaries in practice or cost auditors
of the company or its holding, subsidiary or associate company; or
(B) any legal or a consulting firm that has or had any transaction
with the company, its holding, subsidiary or associate company amounting
to ten per cent. or more of the gross turnover of such firm;
(iii) holds together with his relatives two per cent. or more of the total
voting power of the company; or
(iv) is a Chief Executive or director, by whatever name called, of any nonprofit organisation that receives twenty-five per cent. or more of its receipts from
the company, any of its promoters, directors or its holding, subsidiary or associate
company or that holds two per cent. or more of the total voting power of the



Anonymous

Can anyone tell me the due date of filing of form 23ac 23aca wihh roc for financial year 2012-2013.
What are the charges(penalty) prescribed for late filing of form 23ac and 23aca.



Anonymous
23 September 2013 at 13:07

Sm difference

what are the difference between objective and goal


venkata akarsh.grandhi
23 September 2013 at 12:59

Procedure for sales audit

hi to all!!!

please explain the procedure for checking sale vouchers if it is interstate sales..


means
filling of e-Sugam
n whent to get FORM C from the customer
n if any other????


YOGESH NAMDEV
23 September 2013 at 12:54

Oprerating

dear sir/mam i have more confusion about operating profit,in ratio analysis
what is operating profit in simple word


prince
23 September 2013 at 12:49

Hire purchase

Dear all,
I am a student of IPCC GI & as u all are aware that HP Trading a/c & Stock & debtors method had been removed.
So, can anyone please guide me now what is relevant for nov 13 exams & what will come in exams?
Urgent!!


charu
23 September 2013 at 12:40

Registration

my ipcc registration has been expired in june2013.for renewal of registration shold i fill the registration form or send application to ca institute?
i have filled examination form for nov2013.will i be able to appear in this exam if i renew my registration now?

kindly answer as soon as possible.


LALIT SINGH BISHT

MY QUERY IS THAT FOR FILE AUDIT REPORT, P.L. AND BALANCE SHEET SCAN ARE COMPULSARY SIGN BY ASSESSEE AND C.A


rohit
23 September 2013 at 12:28

Capital gain saving

LONG TERM CAPITAL GAIN IS 29 LACS OUT OF SALE CONSIDERATION OF 30 LACS,FROM SALE OF PLOT

29 LACS IS EXEMPT UNDER SECTION 54F AND WHOLE 30 LACS IS INVESTED IN CONSTRUCTION OF RESIDENTIAL HOUSE PROPERTY?

HOW TO SAVE TAX ON 9 LACS WHICH WAS RECEIVED THROUGH CHEQUE ,THIS AMOUNT WAS DEPOSITED IN ASSESSEE SAVING A/C ?
21 LACS WAS RECEIVED THROUGH CHEQUE AND 9 LACS THROUGH CASH?



Anonymous
23 September 2013 at 12:16

Clearing exams

SIR/MAM I am a cs inter passed student
just wanted to know about some tips for studying






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