Form 18 submission
This query is : Resolved
12 November 2013
Dear Experts,
I m incorporating a company with a register office which is owned by relative(mother of Director) of one of director.
I submitted form 18 with address proof ie. latest electricity bill and NOC of Mother for using the office as registered office of the company. But ROC department has asked me to resubmit the form 18 WITH CORRECT ATTACHMENT AND INFORMATION as per the minsitry Circular.
What are the correct attachments to be submitted in such case? Is there any need to enter into any agreement with mother?
If yes then please provide me the format of such agreement.
Thank you in advance.
I m incorporating a company with a register office which is owned by relative(mother of Director) of one of director.
I submitted form 18 with address proof ie. latest electricity bill and NOC of Mother for using the office as registered office of the company. But ROC department has asked me to resubmit the form 18 WITH CORRECT ATTACHMENT AND INFORMATION as per the minsitry Circular.
What are the correct attachments to be submitted in such case? Is there any need to enter into any agreement with mother?
If yes then please provide me the format of such agreement.
Thank you in advance.
12 November 2013
Hi
Form-18 Attachment- If Premises is on Lease
(a) Lease/rent agreement
(b) any proof that such premises is owned by that company, like, electricity bill, water supply bill.
If Premises is owned by Director
(a) NOC from director
(b) (b) any proof that such premises is owned by that director, like, electricity bill, water supply bill, passport, voter ID card.
(c) Lease/rent agreement
Form-18 Attachment- If Premises is on Lease
(a) Lease/rent agreement
(b) any proof that such premises is owned by that company, like, electricity bill, water supply bill.
If Premises is owned by Director
(a) NOC from director
(b) (b) any proof that such premises is owned by that director, like, electricity bill, water supply bill, passport, voter ID card.
(c) Lease/rent agreement
12 November 2013
In your case the premises is owned by your mother then lease agreement will be made with your mother.
12 November 2013
Dear Ajay Sir,
Since director's mother is the owner of property no rent is paid and no lease agreement is prepared.
Also in form 18 point 4 b selected is "registered office is owned by any other entity/person (not taken on lease by company)" which means it is not necessary to have lease agreement of mother.
Is there any other agreement or proof required in such case as mare NOC is not accepted by ROC.
Can an affidavit authorizing company to use the premises as registered office of company be prepared?
Since director's mother is the owner of property no rent is paid and no lease agreement is prepared.
Also in form 18 point 4 b selected is "registered office is owned by any other entity/person (not taken on lease by company)" which means it is not necessary to have lease agreement of mother.
Is there any other agreement or proof required in such case as mare NOC is not accepted by ROC.
Can an affidavit authorizing company to use the premises as registered office of company be prepared?
12 November 2013
In my opinion:
Whether rent is paid or not rent agreement is mandatory.
Payment of rent is one term of your rent agreement.
So attache the same and all proof should be in the name of your mother for proving that she is the owner of premises.
Whether rent is paid or not rent agreement is mandatory.
Payment of rent is one term of your rent agreement.
So attache the same and all proof should be in the name of your mother for proving that she is the owner of premises.
12 November 2013
Thank you Ajay Sir.
12 November 2013
My Pleasure..........
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Multiple payment of self assessment tax for A Y 2025-2026
- CAPITAL GAIN REDEVELOPED FLAT
- CLOSING STOCK QUERY
- REGARDING ITR FILING QUESTION
- Requirement under FEMA &RBI
- Short Term Gain Reporting ITR
- DUE DATE FOR ITR FILING
- Query regarding Item 61/62/63 vs Item 64 in ITR-3
- Sale of Mutual Funds In Diffirent Financial Years
- Missed TDS
- WHERE I SHOW GST 0% INVOICE IN GSTR1 (EITHER TABLE 7 OR TABLE 8)
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
- Query regarding reporting of exempt foreign remuneration in ITR (AY 2026-27)
- FEMA/RBI treatment — Amazon.ca arbitrage (US buy, Canada sell, goods never enter India)
- Goods return by customer
- INWARD REMITTANCE FOREIGN
- CPC and SAC
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
