Sir,
1)Co Op. Credit society (in maharashtra) has given loan to a borrower against mortgage of house property of Rs. 3.00 Lacs.
2)In due course, the loan became NPA and the borrower went absconding.
3)The property mortgaged was auctioned by the society and Rs.1.88 Lacs were recovered.
4) What to do with the remaining amount? if guaranter's can be prosecuted for recovery? if yes, what is the procedure.
5) Or can the society adjust the bad portion of the debt against the Bad & Doubtful Debts Reserve; if yes; what is the process?

A public listed company (now delisted by BSE from 2004)could not held its AGMs from 2002 onwards as the operations were closed due to cumulative effect of various factors and Court receiver having taken physical possession of the records and premises.

New management has now stepped in and they want to streamline the affairs. Accordingly the AGMs of all past 6 years from 2002 to 2007 are to be held now. My queries are:

1. Can we show the AGMs as held during respective years and adjourned due to non availability of accounts but approving rotational appointments of directors ?

2. What should the Notice of AGMs now proposed to be held state in light of the above ?

Any other point relevant to this situation.

Regards,

Atul Vachharajani

If in a case notice U/s 148 issued for filing of return within 30 days but the assessee filed his retutrn after 30 days whether notice u/s 143(2)is mandotory before passing the order. Please also quote the judgement if any

Our company is executing mechanical works (mechanical works contract, like fabrication of dame gates) in all states in India. H.O. is registered in Andhra Pradesh and also registered other states also ware the work was allotted.

We have purchased the motors at HO in AP from AP/Other States against form ‘C’ with AP TIN.

Q1. The motors as it is sent to Maharashtra (other state) what is the VAT/CST liability in AP and Maharashtra
Q2. the motors fixed with Mechanical Hoist (fabricated some other manner) and sent to Maharashtra what is the VAT/CST liability in AP and Maharashtra
Q3. what about Form ’F’ and what documents will be produced to Commercial Tax Dept. where we will get the ‘F’ Forms and when we will get (i.e. Yearly of every transaction)

In the above cases without tax liability how can i send the material pl. suggest .

Thank you sir.
balu

WHAT IS THE DIFFERENCE BETWEEN STP & SEZ?

i just want to prepare project of client releating to khadi gramodyog as finance project. can i get guidence or get profarma of project report on khadi gramodyog prakalp.

Hi friends,
I have to appear in CA Final exams in nov 09.What is the best time to buy law,audit books considering the amendments? If to go for the latest updated books before attempt, how to study now?

Dear All,

What are the Books requires to be check by Statutory Auditors of the Company under the Companies Act, 1956.

Stautory Auditor of the Company is allow to check Minutes Book of Board Meeting and General Meeting, Register of Member, Register of Charges etc. i.e. all statutory register. If yes than under what provision.

Regards,
Kinjal Shah

some documents are printed and bill is 50000/-.on this amount Tds is applicable?

What is the abbreviation of "CESS" (Hr.CESS) in Central Excise?