A listed company, borrowed the funds more than aggregate of paid up capital and free reserves without obatining the approval of members. What are the remedies available to the company in this regards?
Is compounding a only option?
Whether supplier credit, Deferred tax and loan from related parties to be taken into account while calculating the borrowings of the company?
Thanks in advance.
My client purchased a agriculture Land of 0.90 hactare and did the ploting and sold part of it in small plots to various buyers without converting it in NA Plot. Can we treat this transaction as purchase and sale of agriculture land hence tax free transaction as agriculture land is not a capital asset under section 2(14) of IT Act.
Hi,
I have received a mail from MCA with following remarks:
1) 23B for appointment of auditor to be filed.
2)The SLP has been signed by three Direcotrs out of Four Directors mentioned in SLP. Another also to sign the same.
We have mention CA name in the statement in liew of prospectus.
Now we want to change the CA name to another CA.
Please suject some solution:
1) Whether we can change CA or we have to wait till 1st AGM.
2) If we change CA whether we required NOC
Please do the needfull.
Thanks & Regards,
One of clients imported goods & Bill of entry (importer copy) was lost during transit from CHA to client. Now the assesee has to seek refund of SAD & we need to file a indemnity bond for lost B/E.
Can you experts provide me with a format of indemnity bond for lost B/E.
Thanks in advance.
Dear sir/Madam
I have small doubt regarding how to appoint a company secretary for a public limited company?i.e my company paid up capital has 49crores.authorised capital has 49crores.but my company is an unlisted public limited company.does a chartered accountant file a return for this company?does he competent to make a file to ROC.and if company secretary needed then how to appoint?give a brief details please.
There are 4 partners.an asset is sold after 4 years and the same day the partnership is reconstituted with an existing partner and 3 new partners.
The capital gains arising should be taxed in the hands of individual partners or firm
Dear Sirs,
Now I'm working in Export Dept.
I want to expert in FEMA Act & Foreign trade.
Which course is suitable for me?
Sir, i have appeared for the icwai group 1 the third time being unsuccessful again. i need some help from you. If u could provide me with the notes available with u, it would be a lot help. Thank You
due to ignorance and unaware of incentive available to exporters for export.
Since 01/10/2011 we had goods exported on free shipping.
We started DBK in this month.
Can we avail DBK on free shipping?
whether tds will be deducted on telephone bills, if yes then in which section, if not dedcuted then also mentioned related provisions/section/case laws?
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Borrowings exceeds the limit