Bhaskaran Chackrapani Warrier's Expert Profile

Queries Replied : 22307

Graduate of Kerala University.

Fellow member of ICAI.

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kasturi says :
Can anybody kindly post the answer for consequences of fall in number of directors below 3 in public company.What will happen if the same condition prevails for more than one year.I know that any decisions if company would like to take it has to refer to members and decisions taken in board meeting is invalid.Apart from this is there any penal action is attracted?Pls suggest with case law if any.

Ajay Chavan says : whether capital loss allowed?
Dear Sir, Please tell me whether theft of personal jewellary can be claimed as a deduction anywhere for a person who is having salary income, house property income and income from other sources. Jewellary is appearing in capital of assessee, so i think capital will get reduced, but what about deduction on account of loss, can we claim it as a capital loss??

Gaurav says : Roc Filling of form 23 B
Dear sir i want to know that if any body file wrongly any Letter to ROC. now want to abloishe/ cancel the same. Pls suggest me what i do now.