Anonymous
16 January 2013 at 20:08

Proprietorship account

I want to open a bank account to pay the salaries to my staff for the outsource work.
I am getting the payments in dollars from my clients abroad.
Do i need to register my company(proprietorship)for this as i already have one proprietorship firm registered in my name.

Also i want to know if i will be liable for service tax also under that.



Anonymous
16 January 2013 at 19:47

Re-appointment of managing director

Mr. X is MD in two companies Co. A and Co. B. (Both are unlisted public companies). Both the Companies have adequate profits and the MD receives remuneration from both the companies subject to Section-III of Part-II of Schedule-XIII. His term as MD in Co. B expires on 31st Jan 2013. For re-appointment, will passing of Board Resolution (BR) with consent of all directors pursuant to Sections 198, 269, 309, 310, 311 and 316 read with Schedule XIII and filing of e-form 23 and 25C, be enough?

The Articles authorizes the Board to appoint MD. Should I pass Shareholders’ Resolution also by calling an EGM? If yes, then time limit for that? And Ordinary or Special Resolution (Articles is silent on this)?

Whether any agreement is compulsorily required to be entered into between the Company and the MD? Or BR is enough? Sec 2(26) says MD can be appointed by BR (i.e. may be without any formal agreement).


CA SOURAV BAGLA
16 January 2013 at 19:45

Tds

I AM UNABLE TO DOWNLOAD PDF CONVETER FROM TRACES SITE WHICH IS REQUIRED TO CONVERT THE TEXT FILE INTO FORM 16A. CAN ANYONE HELP IT OUT.


Ravi Gupta
16 January 2013 at 19:20

Capital gain

A State Govt. employee purchased a piece of land on april 2011 of Rs. 11,50,000 and sold it in oct-2012 in Rs. 14,00,000, I want to know the tax implications on the said matter and how can the tax will be minimized??


KETUL VORA
16 January 2013 at 19:13

Death of a partner - dissolution

I had a partnership firm having 2 partners, due to death of a partner it converts into proprietorship, now i want to know which documents and forms to be submitted with ROF for dissolution of firm at mumbai.


AVINASH BALKRISHNA DAWARE

kindly any one provide me with the proposed clauses that can me included in MOA & AOA of proposed company as mentioned above



Anonymous
16 January 2013 at 19:07

Doubt

HI sir.1.at the time of doing article ship if regular degree(B.com)exist then articleship can dis approved which is correct or not?pls suggest me

advance thanks





Anonymous

Namaskar to all experts!!!

In our purchase invoice freight is included in transaction value for purpose of VAT.

Now who is liable to pay service tax on such freight. Buyer or seller.

for your reference freight is paid by seller.



Anonymous
16 January 2013 at 18:17

Form 18

Hello Can any one help me on the below issue

I have filed Form 18 and attached the address proof (Electricty Bill)for Registered address... but now I need to replace the address proof (Electricity Bill) with Rental Agreement which is created newly after filing Form 18.

Please advice me its very urgent



Anonymous
16 January 2013 at 18:17

Medical reimbursement bill

limit for medical reimbursement bill ?






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