R/s experts pls tell me what kind of firm Kumar mittal and co. is? actually a friend of mine secured 61.8% marks in IPCC and he is pretty confused for this firm? thankz

Dear Learned Professionals,

Section 173(5) provides that OPC & Small Companies can hold BM once in half calender year and the gap between the two meetings is not less than ninety days.

I wish to know the implications of this section on Disclosure of Directors interest and filing of Form MGT 14.

If we fall under 'small company' definition, can we hold the 1st BM of the FY in the month of August and File MGT 14 for disclosure of Directors Interest without paying additional fees.?

Please express your views and suggest

what is the Procedure of aPPOINTMENT OF MANGAING DIRECTOR IN pRIVATE COMPANY?

is it mandatory to hold general meeting or Board meeting is sufficient for appointment of MD in Private Company.
if both meeting is mandatory, then we need to file twice mgt 14.

does MR-1 is also needed.

AS per section 141(3) of the companies act 2013, A person cannot be appointed as an auditor of the company if he is already an auditor in more than 20 companies.
This was applicable both in case of private companies and public companies.

A draft notification was presented on 24th June 2014 for public comments in which this limit of 20 companies was made applicable only on public companies and thus as per the draft notification, the auditor can be appointed as an auditor in any number of PRIVATE LIMITED COMPANIES.

Is this correct??
Is the draft notification has been made into force??

I have passed my CA Final Examination and my articleship is completed as on 04/09/2014. But my principal is not signing form 108 and is saying that i will have to work till 30/09/2014. So now I will be submitting Form 107 & 108 and serve extended period till 30/09/2014. My query is after my articleship is complete on 30/9/2014, what forms do I need to submit to the Institute?

I am a student of CPT going to write this December 2014. I am studying regular B Com in Chennai as an Evening College student. Can you please tell me the way I have to manage my time so that I can excel in both CA CPT as well as CA Inter and get Ranks!!

Hi all,

Can any one please let me know the treatment of interest on tds default payments in books?

can it be shown as expenditure? as it is disallowed as per IT Act,1961?

What is the difference between uncalled capital and calls in advance?

are there any one who passed their ipcc exams after reverification

I have recently joined a company which is named as 'XYZ Limited'. I joined it thinking of it as Public limited company. But when i went through the balance sheet of company i came to know it is pvt limited company. Can a private company operate without using the word 'pvt ltd' in its name..??