Dear Members

Section 173(1) of the New Act is reproduced below

Every company shall hold the first meeting of the Board of Directors within thirty days of the date of its incorporation and thereafter hold a minimum number of four meetings of its Board of Directors every year in such a manner that not more than one hundred and twenty days shall intervene between two consecutive meetings of the Board:

My query in this regards is as follows:

An Unlisted Company holds a board meeting on 29th March 2014. The next board meeting will be held on 24th July 2014 within 120 days of the previous meeting. (Note : There will not be any board meeting during the period April to June 2014). Will it be sufficient compliance of Companies Act, 2013.

Further as per above Section every company has to hold minimum number of four board meetings every year. Kindly clarify whether the words “every year” denotes financial year or calendar year.

With regards

Muralidharan

my client is not cover u/s 44AB then which form is applicable for my clients if i file online wealth tax return?

Hi,

Need help in filing my tax return, Please guide me. In 2013-14 i worked only in April 2014 and from May 2014 till now i am in business. Please guide me how do i enter the details in ITR e filing. Do I show only profit for 2013-14. in income from other sources or do i need the mention my total turnover.

pls guide.

Dear,
What is CIN No. whn I clicked on CIN option from Traces I reached TIN User, where I found some option, i.e.
TAN
Nature of Payment
AIN No.
Month of From 24G

finally I want to know what is CIN. what's r its importance in TDS...plz plz..

I have salary income only which is exempt as per slab and income from interest on FDR .what is the treatment as per income tax law is it necessary to file return .even nil income including interest income

Sir

what is the rate of depreciation for the fy 2013-14 on Refrigerator/AC/Car for office use.

i have heard assets as per income tax act are classified in five classes

please mention in which category above referred assets fall and mention the depreciation rate

what to do if service provider providing security services who is covered under RCM bills for 100% of service tax. whether to pay 100% of service tax to him or pay only 3.09%

Pls adv if the individual return is not filed by the due date i.e. 31st July, 2014. What is the penalty, interest and late return file charges.

Thnx and regards
Gurvinder Singh

Pls adv, if the TDS return on contractor and salary to be filed quarterly i.e. Form 24Q/26Q and Form 27A,can be filed by any individual or only the CA Can do so.

Thnx
Gurvinder Singh

Dear Professional Colleagues,

I am in process of Incorporating a private Limited company under companies Act 2013, The said company has been successfully got incorporated and I have received Certificate of Incorporation.

Now I need to file Form INC-21 for Certificate of Commencement. Can anyone please explain me what attachments to be disclosed? Do anyone have format of declaration to be given by directors?