MINTU KUMAR
10 November 2008 at 16:28

memorandum

Sir

Kindly asvise me on following facts:

X Co. Ltd. is a public limited company having its object clauses like the following:

Main Object:

a.Manufacturing, branding, selling, etc cigarettes and other tobacco products.

b.Purchasing all materials needed to manufacture, brand, patent of the above products and all assets including plants and machinery needed.

Ancillary Objects:

a.Enter into any contracts, lease agreement, etc for the purpose of the main objects.

b.Manufacture, sale and otherwise disposal of any byproducts.

Other objects:

a.Manufacturing consumable food stuffs and selling the same.

b.Doing any other business that the company deems it profitable and beneficial to the company


CAN A COMPANY HAVE THIS TYPE OF OBJECT AS MENTIONED IN "Doing any other business that the company deems it profitable and beneficial to the company"

Directors of the Board of the said company ask for your advice on the proposal of starting a Hotel business in Bangalore. Give a detailed advice to the company.

Thanking you

mintu kumar


YADAV SANTOSH
10 November 2008 at 16:19

HUF VS Partnership

I AM HAVING A FAMILY TRANSPORT BUSINESS, AND I AM WISHING TO GET REGISTERED.

which one is better, i mean wheather partnership or HUF has better implications from Income tax perspective.

regards,


Babaljit Singh
10 November 2008 at 15:58

CENVAT Credit

a proprietorship company has cenvat credit of service tax available in his business of installation and commissioning and also the proprietor has a property which he has given on rental and there he is to pay service tax on rental services

can he take set off of cenvat credit under installation service to pay off his liability under rental services


Sarika Agarwal
10 November 2008 at 15:57

Companies Bill 2008.

Please anybody can provide me recommendations / comments / suggestions/ discussions , etc on various provisions of Companies Bill, 2008.


Majhar Khan
10 November 2008 at 15:34

THREE MONTHS RESIDENTIAL PROGRAMME

TO WHAT EXTENT THREE MONTHS RESIDENTIAL PROGRAMME IS BENEFICIAL FOR OUR CAREER....?

DOES IT ATTRACTS MORE TO COMPANIES TO RECRUIT THE STUDENT WHO HAS OBTAINED IT IN COMPARISON TO 15 DAYS GMCS COURSE..?

DOES IT RESULTS INTO MORE SALARY PACKAGES..?


PLZ SUGGEST....

WITH REGARDS......


A J Sankar
10 November 2008 at 15:13

diff b/w conservatism and prudence

Or they mutually agree or disagree?

Suppose when we are valuing inventory we take cost or NRV which ever is less.

But is it prudent to show like that as it is not showing the real values of stock.


CS Jithesh (ACS,)
10 November 2008 at 15:11

Reduction of Salary (Urgent)

In my company the remuneration of the directors salary has been reduced. I would like to know whether board resolution is enough or ot. Because for increasing the salary of any director Sec 314 will apply and a special resolution needs to be passed in the General Meeting. So kindly tell me which type of resolution is needed in this situation


A J Sankar

Why do we call it as Profit and loss A/c ?Because it shows either profit or loss only. Can't we call it as Profit or loss Account?


Abhishek Kumar Srivastava
10 November 2008 at 13:56

Setting-off STCG Loss from Equity

Can I set-off short term capital loss from any other short term capital gain and interest income?


niranjan
10 November 2008 at 13:52

about coaching classes

dear experts
I am decided to face the PCC exam with out
coaching is it possible to pass the exam






CCI Pro



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